Let Us Find and Manage Your Next Rental Property
As investors ourselves, we know what you need when it comes to acquiring and managing your investment property.
What We Do
From deal sourcing to property management in Northeast Florida, we are here to help you achieve your real estate investment goals.
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Finding Deals
As Jacksonville investors ourselves, we know what qualities to look for in rental properties. We create an investment profile for each client so that we can search for properties that will meet your specific criteria and investment goals. We also provide feedback on any MLS or wholesale property you find yourself, to make sure it’s the right investment for you. Whether you are a new or seasoned investor, Thirdstone Properties is here to help.
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Project Management
We believe that superior communication is required for successful project management. We connect you with top-quality professional, local renovation experts to tackle your project. Throughout the renovation, we provide you with regular status updates including photos for the completed work.
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Tenant Placement
Placing a qualified tenant is a vital step in the process. We use a trusted screening company that gathers all of the available information of the applicants, including a background and credit check by TransUnion. Once we have the full application package, we verify directly with the employer and previous rental to ensure accuracy of the information the applicant provided. Prefer to self-manage? Leave the tenant placement up to us and we will hand over the property with a qualified tenant in place.
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Property Management
Our goal is to keep your tenants happy and living in the home long term. We take pride in taking care of our tenants. When they feel valued and at home, they tend to stay longer, which means less tenant turnover and more consistent cash flow for you. As a client, you will have access to your very own owner portal where you can see detailed monthly statements, work orders, invoices we paid to vendors, and pictures of any work. We believe transparency is key in this business. Trust us when it comes to property management in Jacksonville FL.
Who We Are
Thirdstone Properties was co-founded by a husband and wife team, Elenis and Isaac Camargo, who invested in Jacksonville while living in New York City. They found their passion for real estate and relocated to Jacksonville to provide other investors the opportunity to confidently invest from out-of-state. Shortly after, they joined forces with the agent, Michael Braddock, to create a seamless process from start to finish.
Elenis M. Camargo
Co-Founder &
Chief Executive Officer
Isaac R. Camargo Jr
Co-Founder &
Chief Investment Officer
Michael Braddock
Head of Sales
Trusted From Around The World
Thirdstone Properties has serviced and manages assets for real estate investors in the USA, Argentina, Canada, Denmark, France, and Singapore.
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Over $50.5 Million in Assets Under Management
As of October 2022
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Our Investment Approach
We are investors ourselves and have strict guidelines that we follow for our own investments.
Our Principles
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Demand proper compensation for level of risk taken
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Utilize a relative value approach when analyzing potential opportunities
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Seek to maximize value through control of rehabilitation and property management
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Continuously focus on downside risk
Our Strategy
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Aim to provide value using a multi-strategy, opportunistic approach focused on residential single and multi-family properties
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Focus on areas that can benefit from favorable short to medium term market conditions
Our Resources
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Deep knowledge and understanding of the North Florida real estate market
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Quarterly market update publications
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Realtors to represent during acquisition
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Post acquisition services include:
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Placement of tenants
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Property management Jacksonville FL
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Sourcing contractors for maintenance and rehabilitation
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Our Guidelines
Target portfolio 10 year net IRR of greater than 15%. We seek to identify properties that meet our strict guidelines:
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Properties with strong appreciation potential
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Rental income properties that contain:
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Cap rate between 8% and 12%
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ROI greater than 12%
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Rent demanding neighborhoods
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Contact Us
Thirdstone Properties
2720 Park Street
Suite 227
Jacksonville, FL 32205
Call: 904-878-1769
Interested in selling your home?
We buy homes in any condition.
Contact us!