Allies Asset Management specializes in locating distressed properties, renovating the properties to “like new” condition, and then selling the properties to families looking for a nice place to call home. 

Allies Asset Management was founded by Bryan Upton to capitalize on the current collapse in the housing market. 

After graduating in 1994 with a degree in Entrepreneurship from the University of North Texas, Mr. Upton launched a residential paint contracting company called Certa ProPainters.  This company exceeded the industry average in sales by 500% with a 94% customer satisfaction rating.  This dynamic opportunity allowed Mr. Upton to manage fifteen employees and multi-task four job sites, sales, marketing, bookkeeping and customer service.  It also afforded him the opportunity to learn the contracting business, which serves him well when renovating investment property.

In 2001 Mr. Upton decided to close Certa ProPainters because of the limited income opportunity and was offered a sales position offering individual health insurance for United Group Association (UGA).   Mr. Upton was quickly promoted to District Manager where he recruited and managed eighteen sales representatives.  From this position he was able to help develop a national training program for appointment setting and promote three of his key employees to District Managers.  During this time Mr. Upton won the 2001 Sales Representative of the Year Award, and the 2002 Team Builder of the Year Award.  In 2003 he was appointed to the Presidential Advisory Council and also set a division record for sales in one week. 

In March of 2003, looking for another path to build wealth, Mr. Upton began researching the real estate investment market.  During the next two years he attended numerous seminars and read every real estate investment book he could get his hands on.  In March 2004 he purchased his first home solidifying his resolve to enter the market in a more aggressive manner.

Also during 2004 Mr. Upton joined Brady, Chapman, Holland and Associates (BCH) as Vice President of Employee Benefits.  By relinquishing his management duties at UGA he was able to free-up more time to pursue his passion, which is real estate. 

In April of 2005, with help from his business partner and father, Kenneth Upton, he launched Allies Acquisitions while maintaining his Vice President position with BCH.  Allies Acquisitions is a residential and multi-family property management company with over 20 assets currently under management.  To learn more about Allies Acquisitions you can go to www.alliesacquisitions.com.  Over the next two years Mr. Upton went on to purchase 35 single-family investment properties and a small 8-unit apartment complex.

In August of 2007 Mr. Upton was recruited by Lifestyle’s Unlimited to mentor new investors on how to locate, evaluate, finance, close, rehab, lease, and sell investment property.  He was put in charge of opening a new branch in the Central Texas area, and then was asked to spearhead a turn-around of the Dallas office where he achieved rapid results.

During his time at Lifestyles Unlimited Mr. Upton taught numerous classes on single-family investing such as:

      ·      Property Locating
·      Property Analysis
·      Closing
·      Leasing
·      Property Management
·      Property Renovation
·      Accounting
·      Single-Family Financing

He also hosted and was a guest on numerous radio stations like 700 KSEV, Biz Radio 1100, CNN 650, Talk Radio 1370 in Austin, 570 KLIF and KRLD 1080 in Dallas/Fort Worth.

In April 2009 Mr. Upton was recruited by Guardian Equity Management (GEM) to help one of his real estate mentors, Trey Stone, and was recently named a partner.  GEM is a boutique multi-family property management company with over 4,000 apartments units under management in the Houston area. 

Bryan’s role at GEM is to oversee the take-over of third-party management deals.  When an apartment owner needs help running their property it is Bryan’s job to make sure the transition goes smoothly and the lines of communication are open.  His three latest projects are experiencing phenomenal results. Bryan, with the resources of Guardian, has taken a property in Pasadena, TX and in one month turned it from losing approximately $60,000 a month (and about to go into foreclosure) to making over $30,000 a month.  Occupancy on the project is currently at 96%.

On the second project in Texas City, Bryan was able to increase occupancy from 81% to 97%. The property is now seeing historical highs in revenues.  This deal was also purchased with a three-year bridge loan that expires in May 2011.  He is currently in negotiations with the lender and has received a verbal 5-year extension, which should carry that deal out of its holding period, in a volatile lending environment.  The formal extension is coming soon.

The third deal in Angleton, TX isn’t as “sexy”, but he did get occupancy to 100% and that property is experiencing historical highs in revenue as well.

By taking this latest step, Mr. Upton has increased his real estate knowledge tenfold by working side-by-side with a nationally known player in the multi-family marketplace.  You can find more information on GEM at www.guardian-equity.com.