What is Multifamily Real Estate
We buy apartment buildings & apartment complexes
Why Multifamily
Discover why investing in multifamily real estate has the potential to change your life
Passive income & Cash Flow
Multifamily real estate is the solution for anyone looking to achieve financial freedom through passive income and consistent cash flow. Multifamily investing is a viable alternative to investing in stocks and bonds while offering investors asset diversification, as well as a different risk and return profile.
Tax benefits
We are not professional tax accountants and we recommend you seek proper counsel, but owning real estate has always offered incredible tax savings and huge tax advantages when compared to traditional investments such as stocks & bonds. Oftentimes you are also able to reduce or eliminate the taxes you pay at your W2 job when owning commercial real estate.
Appreciation
Appreciation, in general terms, is an increase in the value of an asset over time. Commercial real estate offers both natural appreciation and forced appreciation. Natural appreciation is the increase in value that real estate generally experiences over time. Forced appreciation is the increase in value directly related to an increase in rental income or a decrease in expenses. The better that property performs, the higher its evaluation.
Phone Number
248-219-8600
garyehlke@elk-properties.com
Our Investment Criteria and Strategy
We target C-Class properties located in B-Areas, as well as B-Class properties located in A-Areas. In an ideal world we buy based on immediate cash-flow but we do understand that most properties today are going to require some type of value-add in order to increase rents and lowering expenses while adding value to both our residents and our investors.
Conservative approach
We base all of our investments off of very conservative underwriting guidelines. We look for cash flow & future appreciation in markets that offer our investors the highest potential for success. This conservative approach ultimately leads to a better property for both our investors and our residents.
Our Mission
We are a commercial real estate investment company dedicated to helping others realize the many benefits associated with multifamily real estate.
Our Company History
Our Target Markets
About Us
Honesty, integrity, and teamwork is what guides us through our day to day activities.
Gary and Connie Ehlke
Garrison Gilbert
Garrison has been a full-time real estate investor since 2001 after completing college with two business majors and a minor in psychology. Since that time, he purchased over 1200 properties including fix/flips, land development deals,
Since he transitioned to full-time commercial real estate investing, Garrison has had the opportunity to speak at several large apartment building conferences where average attendance ranges from 600-1000 people. He is also a multifamily real estate coach for one of the largest names in the business while also having two real estate mastermind groups for apartment building owners. Additionally, Garrison is one of the founding members of MultifamilyMaster.com, which is a worldwide online platform that provides free educational content for buying apartment buildings. Due to his success in the commercial real estate space, he was nominated for Multifamily Real Estate Investor of the Year in 2018 by Think Realty Magazine, which is one of the largest magazine publications for real estate investors.
As Director of Investor Relations, Garrison Gilbert is a wealth of knowledge when it comes to real estate, and he strives to help as many people as possible because in commercial real estate, your network is your net worth, and this is a team sport.
Rod Khleif- Advisor
Rod Khleif is an entrepreneur, real estate investor, multiple business owner, author, mentor, and community philanthropist who is passionate about business, life, success, and giving back. As one of the country’s top real estate trainers, Rod has personally owned and managed over 2,000 properties.
Rod is Host of the Top-Ranked iTunes Real Estate Podcast which has been downloaded more than 8,000,000 times – “The Lifetime Cash Flow Through Real Estate Investing Podcast.” Rod is the author of “How to Create Lifetime Cash Flow Through Multifamily Properties” considered to be an essential “textbook” for aspiring multifamily investors.
As an accomplished entrepreneur, Rod has built several successful multi-million dollar businesses. As a community philanthropist, Rod founded and directs The Tiny Hands Foundation, which has benefited more than 75,000 community children and families in need. Rod has combined his passion for real estate investing and business development coaching with his personal philosophy of goal setting, envisioning, and manifesting success to become one of America’s top real estate investment and business development trainers.
Investment Calculator
The information displayed on this page is strictly for informational purposes and does not guarantee future results. Select the investment options below to see sample investment returns.
5 Years
Hold Period
7%
Preferred Return
17%
Projected Avg. Annualized Return (AAR)
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Totals | |
|---|---|---|---|---|---|---|
| Cash Flow | $ 1,750.00 | $ 1,750.00 | $ 1,750.00 | $ 1,750.00 | $ 1,750.00 | $ 8,750.00 |
| Sales Proceeds | $ 37,500.00 | $ 37,500.00 | ||||
| Total Cash Payout | $ 46,250.00 |
$25,000
$21,250
$46,250
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Totals | |
|---|---|---|---|---|---|---|
| Cash Flow | $ 3,500.00 | $ 3,500.00 | $ 3,500.00 | $ 3,500.00 | $ 3,500.00 | $ 17,500.00 |
| Sales Proceeds | $ 75,000.00 | $ 75,000.00 | ||||
| Total Cash Payout | $ 92,500.00 |
$50,000
$42,500
$92,500
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Totals | |
|---|---|---|---|---|---|---|
| Cash Flow | $ 7,000.00 | $ 7,000.00 | $ 7,000.00 | $ 7,000.00 | $ 7,000.00 | $ 35,000.00 |
| Sales Proceeds | $ 150,000.00 | $ 150,000.00 | ||||
| Total Cash Payout | $ 185,000.00 |
$100,000
$85,000
$185,000
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Totals | |
|---|---|---|---|---|---|---|
| Cash Flow | $ 17,500.00 | $ 17,500.00 | $ 17,500.00 | $ 17,500.00 | $ 17,500.00 | $ 87,500.00 |
| Sales Proceeds | $ 375,000.00 | $ 375,000.00 | ||||
| Total Cash Payout | $ 462,500.00 |
$250,000
$212,500
$462,500
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Totals | |
|---|---|---|---|---|---|---|
| Cash Flow | $ 70,000.00 | $ 70,000.00 | $ 70,000.00 | $ 70,000.00 | $ 70,000.00 | $ 350,000.00 |
| Sales Proceeds | $ 1,500,000.00 | $ 1,500,000.00 | ||||
| Total Cash Payout | $ 1,850,000.00 |
$1,000,000
$850,000
$1,850,000
Contact Us
- garyehlke@elk-properties.com
- 248-219-8600