Why Invest in MVM?
Create a profit and YIELD CHANGE
Our company specializes in acquiring and transforming properties, generating immediate cash flow while prioritizing the needs of minority and first-time home buyers. We offer targeted real estate solutions complemented by educational initiatives that EMPOWER our clients by providing a transparent roadmap to navigate the home buying process with confidence.
how big is Abilene’s market opportunity?
Experience unparalleled Market Opportunities
Experience unparalleled market opportunities in Abilene, TX – a city with untapped potential and a growing need for diversified real estate investments. With lower numbers of minority and low-income homeowners, investors can seize this chance to create a more inclusive community while reaping the rewards of a diverse tenant pool, lower acquisition costs, and the opportunity to revitalize underdeveloped or undervalued neighborhoods. By investing in Abilene’s real estate, you’ll not only contribute to the community’s growth but also foster social responsibility and make a lasting impact. Embrace this unique opportunity to generate returns while driving positive change, and together, let’s build a brighter future for Abilene’s residents and investors alike.
- White, not Hispanic or Latino = 70,391 56%
- Hispanic or Latino = 33,634 27%
- Black = 13,012 10%
- Asian = 2,784 2%
- Other = 5,361 4%
Source : 2020 Decennial census
Total Housing Units
Occupied Housing Units
- Abilene Median Household Income = $51,931 (Texas = $66,963)
- 21.5% of people live below the poverty line in Ailene (Texas = 14.2%)
- Abilene Homeownership Rate = 56.1% (Texas = 62.6%)
- Median age = 32.6 (Texas = 35.5)
(Source: 2021 American Community Survey 1-Year Estimates)
Frequently Asked Questions
Learn how MVM impacts our community
Do you operate as a non-profit?
No. However, MVM is in partnership with a 501c3 who serves as our fiscal agent on projects, as necessary.
What problems are you resolving?
- Lack of financial literacy
- Neighborhood revitalization
- Affordable housing
How does your company provide affordable housing?
- For rentals, MVM will use U.S. Department of Housing and Urban Development’s (HUD) Fair Market Rents as a proxy for affordability. Fair Market Rents, as defined in 24 CFR 888.113 are estimates of 40th percentile gross rents for standard quality units within a metropolitan area or non metropolitan county.
- MVM flips properties as a vehicle to build the company’s capital. MVM is also in the process of implementing programs to help first generational home buyers achieve homeownership by offering affordable priced homes.
What experience do you have in this industry?
One founder serves as a financial institution bank examiner with expertise conducting regulatory bank examinations to assess institution’s compliance with consumer protection regulations, including the Community Reinvestment Act.
Why are you the right person to bet on to achieve this?
We are passionate about MVM’s mission and changing our community’s mindset to one that promotes generational wealth and financial freedom.
What are your weaknesses or disadvantages?
Liquidity/Capital
What barriers to entry or scale do you have?
Capital costs to purchase properties:
- Capital costs to purchase properties:
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- Down payment requirements placed on commercial entities to obtain bank financing materially exceed those required on consumer mortgages.
- Rising interest rates increase loan payments and decrease gross profits.
- Competition poses a threat because we are bidding against consumer and commercial entities also purchasing properties in Abilene, TX.
How do your features differ?
- MVM is a for-profit company with a nonprofit mentality.
- We offer financial literacy courses promoting homeownership targeting primarily low-income and/or minority audiences.
What are the biggest risk to my investment?
- Rising Interest Rate Environment: Mortgage rates increase as the federal fund rate increases. As a result, financing becomes more costly and profit margins decrease. MVM continues to network with various financial institutions and seeks grant funding to help combat this issue.
- Skilled Labor and Supply Shortages: Labor shortages reduce the amount of houses that can be supplied. Consequently, the cost of labor increases. High demand coupled with a low housing inventory and labor shortages increase the overall cost of each renovation.
- Negative Cash Flow : MVM uses rental income and the income earned from selling properties to pay property expenses; however, both founders serve as guarantors if cash flow is negative.
What is the next milestone this money will take you to?
Additional funding will allow MVM to offer housing programs focused on offering affordable rents in Abilene, TX.
Be a Part of the MOVEMENT
Stay in touch
Please feel free to reach out with investment propositions or inquiries about how we can work together. We look forward to connecting with you!
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