Multi-Unit Rags to Riches. Due Diligence Operations – Management of Your Team Settlement Preparation Forms & Documentation Property Take Over 1-3-5 Year.

Slides:



Advertisements
Similar presentations
Turning Your Tax Credits into Cash Iped Tax Credits 101, October 16, 2008 Presenter: Gayle Manganello Ellis, PNC MultiFamily Capital.
Advertisements

Buying and Selling a Home
1 MORTGAGE SYMPOSIUM June 30, 2009 ECCB 5.30 p.m.
Private Money Partners 2013 Opportunities……. Disclaimer This is not an offer to purchase or sell securities. Any person, entity, or organization must.
Virginia Housing Coalition 2013 Housing Credit Conference Deal Structuring, Fundamentals, and Financing and Legal Issues.
Development managing the risk a presentation by ROGER FORD MRICS London, 29 th June 2004.
Commercial Real Estate Services P.O. Box 997 Snoqualmie, WA Phone (425) Fax (425)
Special Needs Trusts Special Needs Trusts The Arc of Northern Virginia.
Neighborhood Stabilization Program (NSP) Orange County, Florida.
Real Deal Ollie Hooper Director - The Vendor Finance Experts.
Topic 4 Financing Strategies. Topic 4: Financing Strategies Learning Objectives – (a) Analyze the various sources of borrowing available to a client and.
REI ETUTOR No Money Down Investing. What is No Money Down Investing? REI eTutor Different Investors Have Different Meanings Meaning # 1  No cash out.
Growth by Acquisition or Exiting Gracefully Buying or Selling a Septic or Sewer Business.
Florida Real Estate Principles, Practices & Law 38th Edition Linda L. Crawford Copyright © 2015 Kaplan, Inc. All rights reserved.
GUIDE TO ACQUIRING STARTUP FINANCING. CONTENTS 2 BEFORE YOU BEGIN FORECASTING TYPES OF WORKING CAPITAL FINANCING CAPITAL FOR FIXED ASSETS POTENTIAL FUNDING.
Secured Transactions Professor McKinsey OBE 118, Section 3, Fall 2004 In the real world, few goods are paid for in cash. Most are financed. How does a.
Financial Strategies For Property Projects. Development Plan  Residential units – area, no. of units, flat size, target buyers  Car parks – no. of car.
2008 Real Estate Update: Affordable Housing in Today’s Market Ritz Carlton, San Juan Hotel, Spa & Casino 6961 Avenue of the Governors Isla Verde Carolina,
Real Estate Principles and Practices Chapter 15 Property Management © 2014 OnCourse Learning.
The Wise Women Survival Guide to Alternative Investing Today, Tomorrow and into 2009 By: Lisa Moren Bromma.
R EAL E STATE O WNERSHIP FOR C OMMUNITY B ASED H EALTH C ENTERS Tom Ruge, Director- Lewis & Kappes Emily Najem, Associate-Lewis & Kappes
Year 15: Nonprofit Transfer Strategies for Expiring LIHTC Properties Supportive Housing Network of New York May 5, 2009 Presenters: Gregory Griffin, Director,
Renting or Owning a Home
Building: Knowledge, Security, Confidence A Roof Over Your Head FDIC Money Smart for Young Adults.
About Us Nitin Property Consultant is a full- service real estate center serving all Mumbai Suburbs areas and rapidly growing throughout Powai, Chandivali.
Ideas for today and tomorrow Created by Ethan Yeoh Created on 19 May 2014 Properties Investment Strategy.
Norton Rose ART and Mergers and Acquisitions Maria Ross Partner - Corporate Insurance.
May 2012 Mental Health Service Act Housing Program Mental Health Service Act Housing Program MHSA Housing Is Built: Conversion and Transition to Asset.
CLOSING the Real Estate Transaction D. Zaharopoulos.
Credit Partner Investing CREDIT PARTNER INVESTING Name Company Date.
Training on Financial Management for Fiscal and Asset Managers Technical Assistance for Community Services and Housing Development Center April 2, 2008.
1 Setting up or Buying a General Practice Presented By Manoj Miranda Director Healthcare Capital Management.
Introducing “The Texas 2-Step For Tax Sales”. Disclaimer The information presented is designed to provide accurate and authoritative information in regard.
Real Estate Investment Chapter 11 Tools of Analysis © 2011 Cengage Learning.
What are REOs? REO stands for “Real Estate Owned.” Bank owned properties. Clean title and clear of any liens. Time is of the essence. Window opportunity.
 2004 McGraw-Hill Ryerson Ltd. Kapoor Dlabay Hughes Ahmad Prepared by Cyndi Hornby, Fanshawe College Chapter 7 The Finances of Housing 7-1.
Development and Construction of On- Shore Windfarms Andrew Aveyard Green Cat Renewables Jim Wilkinson CA Blackwells.
Objective 2.03 Analyze financial and legal aspects of home ownership.
THE GOOD NEWS ABOUT BUYING A HOME National Association of Realtors® Lorain County Association of REALTORS® April 10, 2008 Lorain County Community College.
Financial Puzzle FINANCIAL STATEMENTS By PresenterMedia.com PresenterMedia.com.
 Security deposit – a refundable amount a renter pays in advance to protect the owner against damage or nonpayment.  Mortgage – a loan to purchase real.
Multi-Unit Rags to Riches. Month 1 – Agenda Identifying Markets & Marketing Strategies Locating Multi-Unit Opportunities Identifying Possible Markets.
Short Sales: A Solution for Qualified Homeowners “Experience Makes The Difference”
YOUR CLUB, YOUR TRUST. Introductions & Welcome – Jon Bowkett A short video - Share Summary – James Mathie Reports Introduction – James Mathie Financials.
Road to Retirement Course. Introduction to Investing “When you’re making money doing what you love, you are already retired.” “Many describe the new retirement.
Leasing. Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, periodic, tax.
Commercial Wholesale Training 1 Ed and Bob Diamond Module VIII.
FINAL ACCOUNTS  All companies or corporations ( businesses owned by shareholders) must provide a set of final accounts consisting on three statements:
Housing Legal and Financial Decisions.. Lease Lease – Legal document between the owner of the property and the person wishing to occupy the property.
Your Own Home The benefits and pitfalls of renting versus owning Renting Owning Mortgage 3 C’s Pre – Qualification Shop for a Loan Pre-Approval On-Approval.
Finance and Investment Cycle
Real Estate Principles and Practices Chapter 15 Property Management © 2010 by South-Western, Cengage Learning.
Shareholders of the bank Licenses and certificates Joint-Stock Commercial “Aloqabank” was founded under the Resolution of the Cabinet of Ministers of the.
A1 – Percentage of Applicable LTV  This figure comes from the applicable LTV charts Maximum Purchase LTV Factors Owner Occupant95% - 1 unit > 660 Score.
DB Broker, LLC is a residential property management company serving San Antonio, TX. We specialize in single family homes and residential property up.
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.
AS-3. Meaning of Cash flow Statement Cash is the nerve centre around which business activities flow. The profit figure shown in the profit & loss statement.
HOW TO DO IT OR, SOMETHING YOU WISH YOU KNEW TEN YEARS AGO.
Florida Real Estate Principles, Practices & Law 39th Edition
Due Diligence- Definition
INFINITY INVESTMENTS REAL ESTATE INVESTING SEMINAR
MC Homes Realty, Inc. Maggie P. Caceres
Lecture 03 Classification of Accounts
Income Statement Farwell Company has the following information available from its most recent fiscal year. Use the relevant information to determine the.
بسم‌الله الرحمن الرحیم
The Development Team Texas Rural Rental Housing Preservation Academy Session #4 June 6 – Start w/ brief overview of Greystone – who we are and what.
Finance Planning & Strategy.
Include your photo, your name, your company name and a logo
© OnCourse Learning.
Presentation transcript:

Multi-Unit Rags to Riches

Due Diligence Operations – Management of Your Team Settlement Preparation Forms & Documentation Property Take Over Year Plan Resident Relations Investor Relations After the LOI is Signed

Due Diligence Financial Due Diligence a) 2 Year Rent Roll by month, resident, unit address and rental amount b) List of all Security Deposits c) Complete Income and Expenses

Due Diligence Physical Due Diligence Site Visit Inspections Third Party Reports

Property Team Onsite – Management Maintenance Local Team Attorney Inspectors Contractors Insurance Operations – Management of Your Team

Property Take Over - Transition Expect 6 months to 1 year Investment Strategy Communication with Team Resident Relations Investor Relations

Settlement Preparations Contract Insurance Bank Loans Seller Financing Syndication / Capital

Documentation

1 – 3 – 5 Year Investment Strategy Value Adds Exit Strategy ( Sale – Refinance / Cash Out ) Reposition Accountant

Community Communication Occupancy / Vacancy Resident Relations

Entity Creation ( LLC which will Own Property) Operating Agreement Syndication Documents Communication Investor Relations

"Tomorrow you will be more DISAPPOINTED by the things you DIDN'T do then by the ONES you did today. So pull up your anchor, sail away from this safe HARBOR in which you sit, allow the WINDS to catch in your SAILS. TAKE ACTION. EXPLORE. DREAM. DISCOVER." — Tammy Phelps