The Baby Boomers Are Comming (Slides 1 11)Presentation Transcript
Jump Start Developments Builders who created a residential buying opportunity , with a proven successful track record. Our company and clients are positioned to cash in on what we know to be the largest migrating wave of new homebuyers this country has, or will ever see again.
Jump Start Developments Who are our Clients: Who are our Clients/Partners Primary homebuyers Second homebuyers Investors Vacation homebuyers
Understanding our Market FACT: AS OF JANUARY 2008 20,000 people per day, on average, retire. 80 Million total, over the next 10 years. We know Baby Boomers have specific desires, needs & wants . We simply created products that meet those desires, needs & wants and as result, we sold out 100% of inventory in 2006 & 2007 . We are releasing a limited supply of these opportunities in 2008.
As an investor looking to capitalize on that opportunity, doesn’t it make sense to know ; A) What your target market “ wants ”, B) Where do they want to be, & C) To get there first ? Knowing that information is not speculation, it’s following a sound strategy , based on solid factual data & research ?
9 Must Know things, to profit today in this market There are 80 Million new retires over the next 10 years searching for an Active Retirement Lifestyle. We asked and surveyed Baby Boomers nationally about the things they considered important regarding housing & retirement. High on these lists, over and over again, they say 1. They prefer Owning vs. Renting 2. They prefer living in brand new single-family homes vs. condos 3. They prefer Gated , Lake front and or Golf Resort communities 4. They prefer to be surrounded by nature, like lakes , parks and mountains 5. They want to live in a mild 4-season climate 6. They want to be within one days travel, by car, to their family. 7. They are concerned about affordability, regarding prices , taxes and insurance 8. They prefer to be close to shopping , health care facilities , culture & entertainment 9. And finally, Boomers demand value for their money
What Boomers Want In order of importance
Close to Family (one days travel by car)
Mild 4 season climate / Nature & Landscape
Single Family Housing is the preferred housing type or style
Activities & Amenities / Entertainment / Culture / Adult Education / Transportation / Close proximity to Medical Heath Care Facilities
We started to think about this in terms of a formula
What Boomers Want Affordable Real Estate Markets Mild Four Season Climate – (Not to far north, or not to far south) Easy Transportation – within 1 days travel of family Abundant Nature , Landscape & Amenities – (Mountains & Lakes) Entertainment, Culture & Education – ( Not Rural or in the middle of no where) + + + + = A Predicted Path for a very large segment of the 80 Million Active Baby Boomers now starting to retire. Prioritized, based on thousands of surveys by AARP , Best Place to Retire , Live South Magazine …
75% of the US Population lives East of the Mississippi River
The JumpStart Formula Real Estate Markets + Active Adult Communities + Best Price New Homes Which states give retirees Getting the best deal means And, we needed to build the best deal? We found finding the best active adult value priced preconstruction them based on: dily communities for the money. homes to complete the deal, appreciating property We made sure to do that too. better than any competition by 25%. * Offer a Mild 4 Season Climate *Low Taxes & Insurance costs *What is the custom home market $$ *Within one days travel of target *Appreciating property values 3-5% *Can we beat it by 25% or not? *Offer Culture, Entertainment, *Amenity Rich (golf, lakes, hiking)
LOT $ 40,000 Total Cost $ 304,000 Total Value (House+Lot) = $ 400,000 (Based on cost to build at $150 PSF, New Construction + lot cost) Immediate Equity $ 96,000 This is not magic. You too can do this..it’s called Owner/Builder . In fact, anyone can duplicate our efforts with a lot of work , the right contacts and ability to manage the job efficiently . House (2400 sq ft X $110 psf to build) $264,000
Typical Owner Builder Programs
You need to determine the best communities.
You negotiate pricing with numerous supply houses
We research 100’s of Communities through out the US We spent thousands of dollars & countless hours to develop a proven formula Advantage 25 delivers 25% Immediate Built-in Equity . We take NO percentage of your profits! We identified the right communities. We negotiated volume pricing based on bulk building.
You need to research 100’s of communities through out the US
You’d need to spend thousands of dollars and countless hours to develop similar formula
Typical Owner Builder Programs saves you 20% = Your built in equity