Director Asset Management
CurrentResponsible for finding, acquiring, filling, improving, managing, and liquidating performing commercial and residential assets.
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Erick Jackson is listed as Asset Management at WJRE LLC - Realestate Investing Solutions at WJRE LLC - Realestate Investing Solutions, based in Hampton Roads, Virginia Metropolitan Area, United States. AeroLeads shows a matched LinkedIn profile for Erick Jackson.
Erick Jackson previously worked as Director Asset Management at Wjre Llc - Realestate Investing Solutions and Account Executive at Konica Minolta Business Solutions U.S.A., Inc..
I love all things real estate! I was hooked the first time I played monopoly as a teenager. Now, as an ambitious entrepreneur and real estate investor, I know what it means to have expenses that often gobble up your cash flow. For example: a few years ago, I was trying to get a commercial property refinanced in order to drop the high interest rate which was also eating into my cash flow. I was not having much success with appraisers getting to the desired value of what I thought my property was worth. I became a bit discouraged, until I listened to a podcast that changed my perspective. With a new found "hidden ROI" mindset, I ran the numbers on a couple of scenarios. I then decided to replaced a furnace that provide some heat for this particular commercial multifamily property located in central Pennsylvania. By replacing the old unit with a new unit, my costs for fuel were cut in half. The savings came to be approximately $183 per month, which for example is equivalent to a 20 year $100,000 loan dropping from 7.42% to 4.21%. The cost of the project was approximately 6k. That is a 36.6% cash on cash Return on Investment! The additional $2,196 of annual cash flow at a conservative 7.5 cap rate, improved the property's value by $29,280. The next appraisal was a testament of the wisdom found in being a good steward with the right perspective.Hidden ROI truly is a great way to take your assets or business to the next level.
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Virginia Beach, Virginia, United States
Responsible for finding, acquiring, filling, improving, managing, and liquidating performing commercial and residential assets.
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Erick Jackson works for WJRE LLC - Realestate Investing Solutions.
Erick Jackson is listed as Asset Management at WJRE LLC - Realestate Investing Solutions at WJRE LLC - Realestate Investing Solutions.
Erick Jackson is based in Hampton Roads, Virginia Metropolitan Area, United States while working with WJRE LLC - Realestate Investing Solutions.
Erick Jackson has worked for Wjre Llc - Realestate Investing Solutions and Konica Minolta Business Solutions U.S.A., Inc..
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