Who You Invest With Matters
Elle and Brad Phelps have invested in real estate since 2010. Today, they lead Phelps Equity Partners with a focus on Dallas-Fort Worth multifamily. Get to know the experience and principles that shape how they invest.
From Our First Rental to Investing With Others
Elle and Brad began investing in single-family homes in 2010. Wanting to grow beyond individual rentals, they moved into multifamily real estate.
Investing with others brought a responsibility that went beyond managing the property. In conversations with investors, Elle heard a recurring frustration: getting answers became harder once their money was invested. When performance fell short, the lack of communication made an already difficult situation worse.
Those conversations reinforced the kind of firm Elle and Brad wanted Phelps to be. Investors should know who is managing their capital, understand the decisions being made, and feel comfortable asking questions throughout the investment.
Meet Elle & Brad Phelps
Elle Phelps
Managing Principal | Investor Relations & Asset Management
Elle leads investor relations, asset management, and day-to-day operations. She works with property teams to carry out each investment plan and helps investors understand property performance and the decisions being made.
Her interest in real estate extends to the people it serves. She is committed to improving the resident experience and creating communities people are proud to call home. Elle also coaches aspiring multifamily investors and wants her daughters to see what is possible for women in business.
Brad Phelps
Managing Partner | Acquisitions & Asset Performance
Brad focuses on acquisitions, investment analysis, and asset performance. He evaluates properties with an emphasis on existing cash flow and practical improvement plans, then remains involved throughout ownership.
Before moving into multifamily, Brad owned and operated a drilling company in California’s oil industry. Managing teams, controlling costs, and solving problems shaped the approach he brings to real estate today: understand the work, build a realistic plan, and follow through.
Your Questions Belong in the Conversation
Choosing who to invest with takes more than reading a biography. You should be able to ask how we evaluate a property, what could go wrong, and what happens if the investment takes longer than expected.
We welcome those conversations. They help you understand how we think and help us understand what matters to you.
That openness should continue throughout ownership. When circumstances change, our responsibility is to explain what is happening, the decisions we are making, and what remains uncertain.
Could Phelps Be the Right Fit for You?
Tell us about your investment experience and what you’re looking for in your next real estate investment. A brief application is the first step toward getting to know each other.
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