Project Bear This is a very unusual situation that we have uncovered and are willing to share the opportunities with you. These properties are not in.

Slides:



Advertisements
Similar presentations
Buying and Selling a Home
Advertisements

Prof. Dominique Fischer, Curtin University GST in Australia This presentation is illustrated and completed with the attached Excel workbook GST excel presentation.
The Difference Between Renting and Owning a Home
Florida Real Estate Principles, Practices & Law 38th Edition
All Numbers in this presentation are in United States Dollars.
Cost – Volume – Profit Analysis
100 Strong Investment Group Real Estate Investment Partners.
The Housing Expenditure. Objectives Discuss the options available for rented and owned housing and whether renters or owners pay more for housing. Determine.
I N V E S T I N V E S T Your business partner in Germany.
Finding and Selecting a Home.  What Are the Steps for Buying a Home? 1.Determine if you should rent or buy 2.Determine how much you can afford to spend.
ON YOUR WAY HOME A little about buying and owning a Home.
Short Sale Negotiations Done For You “Your Partner in Success” Presented By: Your Name Here Your Picture Here.
BUYING VS RENTING. BUYING Homeowner Advantages  Freedom of use  Pride of ownership  Greater Privacy  Income tax benefits  Opportunity to build credit.
Structures for Investors Presented by: Kerrie-Anne Bailey KAS Tax & Business Solutions Phone: (07) April.
TODAYS TOPIC ‘PASSIVE INVESTING IN REAL ESTATE’. Presented by: In cooperation with Aspen West Financial Services Video Presentation by Marlatt Media,
Housing: A Place To Call Home
Relevant Costs and Benefits
CLOSING the Real Estate Transaction D. Zaharopoulos.
1 MINNESOTA PLANNED GIVING COUNCIL ACCEPTING GIFTS OF REAL PROPERTY
Introducing “The Texas 2-Step For Tax Sales”. Disclaimer The information presented is designed to provide accurate and authoritative information in regard.
Chapter 1-1 Tax accountability of Commercial and industrial profit (C&IPs)
Copyright © Texas Education Agency, All rights reserved. Financial Operating Statement Analysis Statistics & Risk Management 1.
# x 100 = 5,000 square feet 2. 43,560 ÷ 5,000 = 8+ lots Answer: D.
Chapter 22: Buying a Home.
1030 S Ithan Street Philadelphia, PA. All Numbers In This Presentation Are In United States Dollars.
Chapter 15: Our Economy and You Social Science. Income Managing your money takes several steps, the first of which involves what you make There are several.
Tax Foreclosed Properties Housing Committee September 21, 2015.
2235 W. North Ave Chicago, IL Your Guide To The Home-Buying Process.
© 2010 by Cengage Learning Chapter 1 ________________ Introduction to Real Estate.
Buying a Home Unit Two—Budgeting Financial Literacy Standard 4 Mrs. Morrey.
INDIAN COMMUNITY DEVELOPMENT BLOCK GRANT WHAT IS AN INDIAN COMMUNITY DEVELOPMENT BLOCK GRANT (ICDBG)? ICDBG is a grant program being offered by HUD’s.
Chapter 18 Escrow Procedures. The last step in the loan process is CLOSING, when the loan proceeds are distributed and a deed to the property is transferred.
The Home-Buying Process Finding and Selecting a Home.
$$ ACCOUNTING $$. Accounting – Why It’s Important One of the reasons Franchises fail?  They DON’T KNOW if they are making a profit!
Section 7.3. The Home Buying Process Buying a home will probably be the most expensive purchase you ever make. You will need to determine your home ownership.
 A building that houses more than one family in separate living units.
Valuation of Lease Purpose
Florida Real Estate Principles, Practices & Law 39th Edition
Family Economics and Financial Education Take Charge of your Finances
Housing: A Place To Call Home
29.1 Planning for Housing 29.2 Apartment Living
Tax Foreclosed Property
Cost of homes: $80,000 total $450 a month $90,000 total $475 a month
House Buying Vocabulary
How Do Foreclosure Auctions Work
III. INVESTING Investing Options 4. Real Estate – Property
Family Economics and Financial Education Take Charge of your Finances
Sydney Cooperative Housing Society of NRB (Non Resident Bangladeshi)
LeaseOwn Homes We invest in real estate without risk or liability and create homeownership opportunities for those who don’t qualify for traditional.
The Car Deal Package Take notes Be sure to include all vocabulary
LeaseOwn Homes We invest in real estate without risk or liability and create homeownership opportunities for those who don’t qualify for traditional.
MYOB ClientConnect Product Suite – Processing Sales
Housing: A Place To Call Home
Developing a Financial Plan
Buying A Home Objective: SWBAT evaluate the different types of housing and the advantages and disadvantages of purchasing a home Do Now: What are some.
Is It Safe to Invest in Real Estate ?
External Invoicing & FAST AR
32nd Street Apartments FOR SALE
Project Summary XXX St (SUBURB) Land Subdivision
The Difference Between Renting and Owning a Home
Budgeting for Recovery
Family Economics and Financial Education Take Charge of your Finances
FEFE Take Charge of your Finances
Family Economics and Financial Education Take Charge of your Finances
Family Economics and Financial Education Take Charge of your Finances
Applications of Percents
Family Economics and Financial Education Take Charge of your Finances
© OnCourse Learning.
Do Now Write out the three branches of Minnesota state government.
OUTLINE Questions? News?
Presentation transcript:

Project Bear This is a very unusual situation that we have uncovered and are willing to share the opportunities with you. These properties are not in Texas but were tax lien properties that we have acquired the right to own. It is a real niche situation-outside the box. You may partner with us by funding the purchase price and the estimated legal expenses for 25% of the profit. For example, if our purchase price is $5,000 and the legal fees are also $5,000, your contribution would be $10,000. The CAD value, if $50,000, would be a good goal for a sale. If sold for just $34,000, you would receive your $10,000 back plus $6,000, your 25% of the profit. If you wish to purchase the property yourself for all of the profit, we can quote a price for you. In either case, you must have your funds deposited no later than May 15, 2016. Two of the three properties are commercial and are going concerns. The residential property is rented but we are not yet able to communicate with the tenants to determine rents until after our purchase. We estimate rent to be in the $725 monthly range. These properties have all been previously struck off and our purchase will coincide with the redemption period being over. We will then evaluate and begin the necessary legal steps to get it them to the point where we can sell them and obtain a title policy. This will probably entail a Quiet Title procedure. We will collect rent in the meantime. We estimate that we will be able to sell them within the first year.

521 52nd Fairfield Built 1986: 3-1: 900 square feet: Rent $725/month: CAD Value is $53,050 Purchase and Legal $12,000 MORE PICTURES: https://drive.google.com/open?id=0BwvfNSKwomKUdWp4MFdXZjRWOGc

1128 Clydesdale Built 1954:2960 square feet:Cinder block auto repair on .38 acre CAD value $49,000 $10,000 for Purchase and Legal

Wilmer St. Built 1973: 5290 square feet: Automotive shop on Wilmer St. Built 1973: 5290 square feet: Automotive shop on .50 acres: CAD value $154,000 $23,000 for Purchase and Legal