The Phillips Luxury Homes Process for Investors

Overview

The expertise of Phillips Luxury Homes is in developing one-of-a-kind, custom properties in the best Valley of the Sun locations. Phillips combines their keen sense of the markets with their artistic vision, world-class team, and management skills to craft high-end luxury properties. Their creations have consistently exceeded existing square foot sales prices in every market they have entered.

The investment opportunity and business model have a proven track record of success due to the fact that Phillips works with the best team in the valley. This team includes professionals such as the Walt Danley Group. This group is one of the most successful groups of brokers and agents in not only Arizona but across the country, with the #1, #3, and #8 sellers in the country for Coldwell Banker for custom homes in this price range. They are experts in the marketing of these homes and spend substantially across the country, and internationally, to work within the available market for homes of this type. As an investor you will provide funding through the process, and the team at Phillips will do the rest.

The Responsibilities of Phillips Luxury Homes include:

  • Identify the right investment opportunity
  • Administer aspects such as loan processing, lot selection and negotiations, house design and layout, and real estate services selection
  • Develop detailed financial and profit analysis models
  • Vision and plan for each project in concert with our design team
  • Create detailed budgets including construction, interior design, and furnishings
  • Perform cash flow projections
  • Estimate ROI and IRR
  • Select and supervise all activities of the subcontractors, interior designer, architects, purchasing agents and installation companies, from bidding through installation
  • Evaluate proposals from subcontractors and negotiate contracts and change orders
  • Negotiate for permits and variances with city and county officials
  • Monitor actual versus budget expenditures and project amounts required to complete change orders
  • Evaluate payment requests from subcontractors and consultants and approve amounts consistent with actual progress and in accordance with the terms of their contract
  • Oversee all aspects of the project from conception to delivery of product to end-user client

To learn more about investing in a Phillips Luxury Homes project, contact us.