March Newsletter
“Our desk has already begun seeing cracks in the market that have highlighted opportunities investors will capitalize on here in 2024. How long will the runway last? Or, has the runway just begun? Many believe it’s the ladder, and we have positioned our firm to be able to not only take advantage but to use these windows to scale and diversify.
For years rates were near zero, so an elevated rate environment could be a mainstay here in 2024 which will result in liquidity issues. Those that remain cash ready will be able to weather an unpredictable storm.”
Chaz Guinn – CEO and Founder
Trade Desk Update
Over the last 24 months, we’ve successfully acquired over 878 homes at favorable prices, and have been able to re-package and sell 90% of this product out into main street.
One of our recent portfolio acquisitions consisted of the following:
21 Total Loans: Mixed batch of NPLs, RPLs, and BK Loans across 11 states
$3.2M Total BPO, With an Average $151,285 BPO per Loan
62% of the Portfolio was Compromised of NPLs, the remaining 38% were Paying
“In 2024 our Executive Team at Revolve Capital is excited about the diversity of opportunities the current market presents as we plan our strategy to scale and grow to maximize the returns for our capital partners and investors we remain steadfast in our belief to focus on these four core values that we look for in employees, counterparties and vendors they are: Integrity, Intelligence, Intensity and Initiative. I refer to these as our Four I’s!”
Bob Repass – Chief Operating Officer