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Property Terms and Specifics
Because of the popularity of our investment program and our stringent criteria for selecting real estate, we only have a small selection of properties at any given time. If you are interested in viewing our inventory, please fill out the form to the right for instant access.
Typical characteristics of properties we have available:
“Rent Ready.” Appliances in place, carpet and paint in good condition or replaced, all systems (HVAC, Plumbing, Electrical) operational, taxes and utilities paid up, landscaping in good condition.
Property Management Available. You can use our property management services or hire another firm. We are standing by to provide property management services, and know the homes and areas well that we offer properties in. (As the previous owner of the property, we will oftentimes have tenants in place when you buy the home.)
Great Value. Our typical property will be available to you as an investor for much, much less than its replacement value – frequently fifty percent less. This of course dramatically increases the chance of year to year appreciation, as the oversupply in most of our markets is gradually worked down.
Positive Cash Flow. All of our properties have been determined by us to have a strong chance of positive cash flow. The most typical model is a duplex with a $82,000 purchase price, with monthly rents of $1300 (approx. $650 per side). This leads to a typical positive cash flow per month of $650 (with a mortgage) to $1000 (without a mortgage). Details vary with each property, but this is a typical model. After taking in to account likely appreciation and tax advantages, the returns on investment become very attractive. Of course, with free and clear, income producing real estate, the “risk to principal” is extremely modest. Consequently, these are very conservative investments that still produce great returns.
Other Tax Advantages. If you acquire your property in an IRA or Roth IRA (after converting it to a self directed IRA – we can assist with that), you will receive all your income and capital gains tax free within the account. With a Roth IRA, this even includes tax free distributions when you retire.
Leverage. If you wish to use borrowed money for a portion of your purchase price, we have available through our resource partners non-recourse (very little qualifying involved) loans for up to sixty five percent of the purchase prices of our homes.
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