Building Real Estate Success: Inside the Journey of Jill Barkley and Luxmore Properties
In the ever-evolving world of real estate, staying agile and mastering a variety of strategies is crucial for long-term success. Few embody this versatility as well as Jill Barkley of Luxmore Properties in South Florida. In a recent interview, Jill shared her journey, highlighting her experience in wholesaling, creative financing, transaction coordination (TC), and even building a network of private money lenders. This article delves into Jill’s real estate insights, the foundations of Luxmore Properties, and how her vision of a “one-stop-shop” for creative real estate deals has grown over the past four years.
Starting Strong: From Short-Term Rentals to Mastering Creative Deals
Jill began her real estate journey four years ago, initially focusing on short-term rentals through conventional financing. Quickly, however, she realized that expanding her skill set could open new doors. Her decision to join Pace Morby’s Subto Mastermind introduced her to creative deal structures like “subject-to” purchases, which have since become a core part of her business model. Reflecting on the experience, she noted, “All I can remember Pace saying was, ‘Take action, take action, take action.’” Inspired, she returned from her first Mastermind event with renewed vigor, scaling her wholesale business and pursuing deals more aggressively. The investments she made in these events, she says, paid for themselves quickly and shaped the way Luxmore Properties operates today.
The Birth of Luxmore Properties’ TC Division
Recognizing the challenges investors face in managing transaction details, Jill created Luxmore’s TC division, Crafty Close, to streamline deal coordination from both buyer and seller sides. The division benefits from team members with years of experience in title companies, providing clients with behind-the-scenes expertise often lacking in traditional transaction coordinators. As Jill explained, “They know what’s going on behind the curtain where a lot of TCs or wholesalers don’t.” This has given her clients confidence and clarity, knowing they have a team that can navigate complex transaction processes.
The TC division also functions as a revenue stream for Luxmore Properties. Not only does the team manage transactions for Jill’s deals, but they also assist external clients in need of professional transaction coordination. This allows Luxmore Properties to provide a valuable service to other investors, enhancing its reputation as a trusted hub for real estate professionals across South Florida.
Building a Network of JV Partnerships and Private Money Connections
In addition to transaction coordination, Jill and her team at Luxmore Properties have developed extensive joint venture (JV) partnerships and a growing network of private money lenders. Through monthly meetups that she has run consistently for over a year, Jill has built relationships with investors and property professionals throughout South Florida. These gatherings have allowed Luxmore to expand its network, facilitating joint ventures on various wholesale deals and creating a space for creative collaboration.
Private money partnerships have also become a significant focus for Luxmore Properties. Jill regularly connects private money lenders with investors seeking funding, creating win-win situations for both parties. She’s seen the power of creative financing firsthand and knows that many investors are looking for alternative funding sources to bypass traditional financing hurdles. As Jill shared, “Our goal is to be a big hub where buyers know they can come to us for the most deals, the best deals, and access to private money.” This commitment to being a “one-stop shop” aligns perfectly with the company’s overall mission and speaks to the value Luxmore brings to the real estate community.
A Vision for the Future: Expanding with PadSplit and Streamlined Management
Jill shared her vision of incorporating more PadSplit properties into her portfolio when asked about her long-term goals. PadSplit, a co-living model that offers affordable housing by the room, aligns well with Jill’s desire to provide sustainable, high-yield investment properties while addressing the housing affordability crisis. However, she acknowledges that managing co-living spaces can be time-intensive, which is why she plans to rely on professional property managers. “I love having short-term rentals, but I don’t want to be a PadSplit manager,” Jill said, sharing her appreciation for the quality of service her short-term rental guests experience but recognizing the additional demands that come with managing co-living arrangements.
Fortunately, Florida offers a growing pool of professional property managers who specialize in affordable housing models like PadSplit, typically charging flat fees for comprehensive management services. For Jill, these services are a worthwhile investment, allowing her to maintain a diverse portfolio without getting bogged down by day-to-day management tasks.
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Why Florida? The Sunshine State’s Resilience and Real Estate Appeal
Jill’s love for Florida as an investment hub is clear, despite challenges like hurricane risk and high insurance costs. She firmly believes that Florida’s appeal, with its continuous population growth, strong tourism industry, and resilience to market fluctuations, makes it an ideal place to invest. “People are always buying in Florida, and people are always vacationing in Florida,” she said. This consistency is a cornerstone of her business strategy, as it provides a stable foundation on which she can build her real estate operations. Jill is confident that even if market conditions shift, Florida’s real estate values will remain robust.
Connecting with Luxmore Properties: A One-Stop-Shop for Real Estate Needs
Luxmore Properties and its TC division, Crafty Close, are more than service providers; they’re a resource for real estate investors seeking creative financing solutions, expert transaction coordination, and private money connections. Jill’s dedication to fostering relationships and her hands-on experience with unique financing models make Luxmore Properties a trusted name in the South Florida real estate market. Those interested in collaborating can reach Jill on Instagram under Jill Barkley Real Estate. Whether it’s joining Luxmore’s buyer list, seeking TC assistance, or exploring joint venture opportunities, Jill and her team are eager to help investors achieve their goals.
Closing Thoughts
Jill Barkley’s journey is a testament to the power of taking action, building a strong network, and continually adapting to new real estate strategies. Her efforts with Luxmore Properties and Crafty Close have not only contributed to her own success but have also made her a valuable resource for the South Florida real estate community. With plans to expand further into co-living properties, creative financing, and private money partnerships, Jill’s vision of a real estate “hub” is coming to life. Her story is a valuable reminder for all real estate professionals: invest in relationships, remain adaptable, and embrace the learning opportunities that come your way.
By building a business that centers around collaboration, expertise, and resourcefulness, Jill is helping to shape the future of real estate in Florida—and inspiring other investors to do the same.
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