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 .