Carnelian Properties - Mission and Purpose

Carnelian Properties LLC (Founded 2019) acquires, renovates, and professionally manages modest‑scale residential assets in stable Midwestern U.S. markets. Our objective is long‑term cash‑flow growth through disciplined value‑add improvements and technology‑driven tenant care, all overseen remotely by the founders via digital management platforms.

Work with Us

Portfolio

3 Bed 1 Bath and 2 Bed 1 Bath Duplex - Managed by Guardhouse Rentals (formerly ProductnRealty)
3 Bed 1 Bath and 3 Bed 1 Bath Duplex - Managed by Beal Properties
2 Bed 1 Bath and 2 Bed 1 Bath Duplex - Managed by Guardhouse Rentals (formerly ProductnRealty)
3 Bed 2 Bath Lake house - Managed by Easy Stay Homes

Rennovation Work Example

How we Operate Remotely

  • Cloud‑Based Property Management — Stessa centralized accounting.

  • Virtual Showings & Inspections — Matterport 3‑D tours, timed lockboxes, and smartphone video walkthroughs eliminate on‑site travel.

  • Local “Boots‑on‑the‑Ground” Network — Showings & Inspections, Tenant Vetting and Communication, pre‑vetted plumbers, electricians and GCs respond within hours.

  • Paperless Closings & Banking — e‑notary, remote deposit capture, ACH rent collection; zero paper checks handled overseas.

Local Property Management Partners

We work with local property management companies that have extensive experience (with a large number of units) to make sure tenants stay happy, rent is on time, and the property is in good repair. We have worked with Beal Properties, Easy Stay Homes, and Guardhouse Rentals (formerly ProductnRealty) since 2020 and are well established. 

Our Investment Philosophy

  • Cash‑Flow First – Buy for yield, let appreciation be the bonus.

  • Value‑Add, Not Speculation – Force equity through sensible renovations that improve tenant experience and NOI.

  • Conservative Leverage – ≤ 75 % LTV; sufficient DSCR even at stress‑tested vacancy and rate scenarios.

  • Tenant‑Centric Approach – Safe, clean homes + responsive service ⟶ lower turnover, stable communities.

  • Data‑Driven Decisions – KPIs reviewed monthly; sell, refinance or hold strictly by the numbers.

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