Iron Capital
Driving exceptional returns while creating sustainable & comfortable living spaces
About Us
Our Story
Iron Capital was started in 2017 with the purchase of a few residential properties in the Newark Ironbound section at the Essex County Sheriff's Sale. With the goal of adding units to an existing property and "forcing appreciation" we navigated our way though various departments in Newark - Board of Planning & Zoning, Councilmen, Building Department, Department of Engineering as well as working with local architects to apply for and successfully get several variances approved and then building out the properties. We repeated this process several times to build a portfolio that now returns on an average 14% Cash on Cash with 3x Equity Multiple over an average of 5 years. Our entire portfolio including the Catskill Project is 100% owned by us with no investor capital.
Our Business Model
We believe in long term hold - buy, improve, refinance and operate as opposed to a short term myopic model of buy, improve, refinance and/or sell. We purchase value add properties that may not have positive cash-flow Day 1 but have a large upside cash-flow potential by physical and operational improvements. We buy these properties at a discount to the market price and that’s the #1 rule of real estate – You Make Your Money on the Buy. Having in-house construction management allows us to have the property up and running quickly and build quality apartments at 25-30% lower cost. Once the asset is stabilized we are able to cut Operating Expenses by 8-10% by having in-house property management as opposed to using 3rd party Management companies.
Why invest in real estate?
Cash Flow
Tax Benefits
Tax Benefits
The simplest definition of positive cash flow is when you collect more revenue, usually in the form of rent, than what it takes to pay for and operate the property. It is not always easy to find these properties, but it is well worth the time and effort.
Tax Benefits
Tax Benefits
Tax Benefits
Investor tax benefits include accelerated depreciation and cost segregation, possible 1031 exchanges into new projects, tax-free return of initial equity as well as deferment and potential reduction of basis for capital gains from sale of stocks or other assets. If you or your spouse qualify as a Real Estate Professional under the tax co
Investor tax benefits include accelerated depreciation and cost segregation, possible 1031 exchanges into new projects, tax-free return of initial equity as well as deferment and potential reduction of basis for capital gains from sale of stocks or other assets. If you or your spouse qualify as a Real Estate Professional under the tax code, you may be able to offset tax on your ordinary income from a W2 or other sources
Forced Appreciation
Forced Appreciation
Forced Appreciation
Commercial Multi Family properties are valued primarily by its Net Operating Income (NOI). Through physical and operational improvements, we increase the value of the property by increasing NOI.
Diversification
Forced Appreciation
Forced Appreciation
Stocks are subject to market, economic, and inflationary risks. Real Estate is a stable & tangible asset alternative to stocks to diversify an investment portfolio.