For over 25 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 first time home buyers get into home ownership by placing them into one of the company’s rehabbed homes, build their credit, and learn about 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.
After the real estate market crash, which peaked in 2008, mortgages were discontinued and the security and profits of home flipping became once again 100% focus of HPF. Having gone through that difficult time, it became a strong intent 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 roofing, painting, 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. Further developing of this Property Management division will include managing properties for third parties.
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!