REAL ESTATE ASSETS

3 Months Ended

Mar. 31, 2025

Real Estate [Abstract]

REAL ESTATE ASSETS

5. REAL ESTATE ASSETS

As of March 31, 2025 and December 31, 2024, real estate assets consisted of the following:

	March 31, 2025		December 31, 2024
Rental Properties, net		30,426,990		30,695,669
Total Real Estate Assets	$	30,426,990	$	30,695,669

Single family residential properties

As of March 31, 2025 and December 31, 2024, the Company owned 132 Single Family Residential Properties (“SFRs”). The Company’s aggregate investment in those SFRs was $31 million. Depreciation expense was $268,679 and $264,052 in the three months ended March 31, 2025 and 2024, respectively. These homes are located in Montgomery and Harris Counties, Texas.

The following table presents the summary of our SFRs as of March 31, 2025:

	Number of Homes		Aggregate Investment		Average Investment per Home
SFRs		132	$	31,388,691	$	237,793