Steve Baxter and Chuck Smith bring a combined experience of over 75 years in the real estate industry, with a strong presence in the Dallas-Fort Worth area and other major cities across Texas and Oklahoma. Since forming their partnership in 1995, they have been involved in the acquisition, renovation, management, and sale of approximately $400 million worth of property.
They have built a reputation for their cost-effective approach to property renovations, typically completing remodels at around 60% of standard market costs for their partnerships. Additionally, they forgo charging acquisition and rehab fees, reflecting their commitment to maximizing profitability for their partners. As Steve often emphasizes, “We are profit-driven, not fee-driven.
Ocelot Capital specializes in converting multi-family properties of 100+ units that are considered to be “C” class properties into improving or stable “A&B” class areas.