For over 30 years the President of Home Path Financial, Jeff Kleiner, has been finding, buying, improving, and selling single family residential homes in the US. In 2004, Mr. Kleiner opened HPF as a way to expand and allow outside investors to partake in profits of the company’s portfolio mortgages and rehabbed homes. Along the way, a unique educational system was designed to help buyers enter home ownership by placing them into one of the company’s rehabbed homes, help build their credit and learn key home ownership and underwriting issues like savings plans, debt ratios, and credit scores. We are very proud of the number of people we have helped into homes who stayed the course and with our help eventually obtained their own conventional financing.
During the real estate crash, mortgages were discontinued and the security and profits of home flipping became once again the main focus of HPF. Having gone through that difficult time, it became a strong intention to diversify income streams, which we have accomplished in recent years.
Today, HPF still enjoys healthy profits from rehabbing homes but now uses our same employee-based workers to handle outside retail work. Projects outside of our own properties such as painting, plumbing, and foundation projects continue to be explored and expanded upon as we build our reputation locally.
We also heavily focus on renovating rental properties and selling those homes to people who wish to own a rental property but do not want all the headaches involved in such an endeavor. With these “Turnkey Rental” properties, we handle everything from leasing, collecting, and evictions to repairs and maintenance on each property we manage.
Our most recent development in diversification is New Construction. We focus on the growing areas in Southeastern Wisconsin, typically in the 275K to 500K range.
Since 2004, Home Path Financial has purchased hundreds of homes for renovating, wholesaling, flipping both internally and for investors, Turnkey rentals, and our own Seller Financed and rental portfolios. Our vast experience and strong discipline allows for healthy profits in a conservative manner while focusing our efforts in the Southeastern Wisconsin region.
Having survived the tough times brings us to a new period of prosperity where we can use those lessons learned to help diversify and stabilize a successful real estate investment company for the future. These are exciting times!