REI WEALTH MONTHLY issue39 | Page 39

INVESTING IN CASH FLOW ­ DOING WELL BY DOING GOOD BOBBY SHARMA
The company’ s founders found a niche in buying, rehabbing and renting out Section 8 Properties in the Midwest( Kansas City, MO and Saint Louis, MO) markets. Since 2013 the company has acquired over 310 single family residences and rehabbed many to provide the residents with a clean, safe, upgraded home that they can live in. Topstone has acquired a large volume of homes such that certain neighborhoods have improved significantly. Residents are thrilled to be living in a‘ new, fixed up home’ where the property management team actually listens to them.
We work closely with the local Section 8 Housing Authorities to provide families with homes in which the residents can safely raise their families. In return, we have had very low turn over compared to other Section 8 operators and that in turn results in greater cash flow for our company and our investors.
Since 2013, Topstone has expanded into several new markets and has built a‘ local team’ in each of the new markets. We currently offer investment opportunities to investors that are looking for solid passive returns on their funds.
Andrew Chiu: President and Co­Founder
Andrew Chiu is one of Topstone’ s original founders and the President of the company. He always seeks to maximize improvement in human and environmental well­being regardless of the company he leads or industry he revolutionizes. Through Topstone he is the original visionary of impact investing in social enterprises that create affordable housing through recycling old existing housing stock while revitalizing neighborhoods.
Mr. Chiu is a serial entrepreneur and has a successful 20­year track record with new business ventures. He has brought a number of innovative, technology­driven ideas and companies through to commercialization. His track record ranges from enterprise software, renewable technology to green technology and LED lighting. He has transformed age­old industries such as life insurance and real estate into brand new market opportunities. Mr. Chiu’ s business development has extended to markets in North, Central and South America, Europe, China, Hong Kong, Taiwan, Philippines and Southeast Asia. Mr. Chiu holds a Bachelor of Science degree in Computer Information System.