Managing Partner – Figure 9 Capital
Figure 9 is a boutique real estate brokerage and investment firm, founded to provide the highest level of service to real estate owners and investors through long term, trusted advisory relationships. We specialize in real estate investment, operation, and development.
Since founding his first business at the age of 19 while simultaneously working to obtain a triple major in Management, Marketing, and Finance from the University of Alaska Anchorage, Joe has been involved in a variety of ventures at all stages. This experience served as a foundation to develop the expertise necessary to raise capital, build a team, execute a plan, and generate returns for investors.
Joe has also served for many years as the Vice President and Chief Financial Officer (CFO) of an Alaska-based general contractor. His efforts have expanded operations from Alaska to Hawaii, Colorado, and Oregon.
Mr. Saunders discusses with us the four great reasons to invest in the next Alaskan gold rush:
- Alaska has a diverse economic base in energy, tourism, manufacturing, fishing, technology, and military sectors
- Alaska is a landlord friendly state. A landlord is offered many protections not available in other markets.
- Anchorage Alaska has one of the lowest vacancy rates in the country for multi-family rental properties.
- In 2016 FHA reduced multi family insurance rates to spur redevelopment because of the tremendous need.