<ul><li>Jim Case – Manager  </li></ul><ul><li>RJ Palano – Acquisition </li></ul><ul><li>Jay Douglas Swob – Attorney </li><...
<ul><li>We buy houses in emerging markets </li></ul><ul><li>We rehabilitate the properties </li></ul><ul><li>Rent on a thr...
<ul><li>Banks </li></ul><ul><li>Asset Managers </li></ul><ul><li>Fannie Mae  </li></ul><ul><li>Freddie Mac </li></ul><ul><...
<ul><li>To find channels of distribution </li></ul><ul><li>To sell through brokers to investors </li></ul><ul><li>To sell ...
<ul><li>Safety </li></ul><ul><li>No Surprises </li></ul><ul><li>Newer Houses </li></ul><ul><li>Home Warranty </li></ul><ul...
<ul><li>Atlanta is one of the fastest growing metropolitan centers in the country: </li></ul><ul><li>Forbes Magazine ranke...
<ul><ul><li>3 rd  in Job Growth </li></ul></ul><ul><ul><li>3 rd  for most Fortune 500 company headquarters </li></ul></ul>...
We adhere to strict standards in our houses. <ul><li>Before we buy a house, we check: </li></ul><ul><li>Tenant vs. Homeown...
AMERICA   IS ON SALE. <ul><li>But WHERE you buy is as important as WHAT you buy for future value. </li></ul>
<ul><li>SMART INVESTING </li></ul><ul><li>The key to be today’s global investor is to recognize opportunity throughout the...
This is what we buy…
Beijing, China
On a recent trip to Beijing <ul><li>You could  </li></ul><ul><li>buy this… </li></ul><ul><li>Example: </li></ul><ul><li>Gu...
Or you could buy this…
And this…
And this…
And this…
And this.
Summary <ul><li>Atlanta </li></ul><ul><li>Sales Price: $1,600,000 </li></ul><ul><li>Total Square ft: 32,730 </li></ul><ul>...
<ul><li>Distortion of today’s house values </li></ul><ul><li>Comparable sales are all distress sales </li></ul><ul><li>Use...
<ul><li>Declining population </li></ul><ul><li>High property taxes </li></ul><ul><li>High income taxes </li></ul><ul><li>O...
40 Loudoun Dr, Covington GA 1788 square feet, built in 2004 Price: $75,000 Rent: $900 Future sale: $125,000
114 Iverson Place, Temple GA 2579 square feet, built in 2008 Price: $100,000 Rent: $1200 Future sale: $160,000
95 Greenfield Cir, Covington GA 1258 square feet, built in 2001 Price: $75,000 Rent: $900 Future sale: $150,000
Platforms we sell on <ul><li>All cash </li></ul><ul><li>Equity participation: Buy at my cost, split 50/50 </li></ul><ul><l...
How you can make money with us <ul><li>Become an Affiliate </li></ul><ul><ul><li>Refer leads </li></ul></ul><ul><ul><li>Ac...
<ul><li>Use retirement account to buy houses </li></ul><ul><ul><li>Solo 401(k)s </li></ul></ul><ul><ul><li>IRAs </li></ul>...
Our gift to you <ul><li>Free eBook:  Buy Right, Retire Rich  at BuyCashFlowProperties.com </li></ul><ul><li>Personal Real ...
 
Free Consultation <ul><li>RJ Palano </li></ul><ul><li>(813) 495-3006 </li></ul><ul><li>BuyCashFlowProperties.EscapeArtist....
Upcoming SlideShare
Loading in …5
×

Buy Cash Flow Properties THE BEST TIME TO BUY When Others Have to Sell

691 views

Published on

An REO is a property that was foreclosed on by a lender and that the successful bidder of the mortgage foreclosure auction was the lender. Said another way, the lender now owns the property that they had lent money on.

These lenders have these REOs on their books and they need to get rid of them in order to maintain cash levels in the bank acceptable to the Federal Government. These cash requirements are being changed by the Feds in the hopes that banks will become more stabilized. Often you will see REO houses for sale by Fanny Mae or Freddy Mac. That’s because these 2 entities which are owned by the Feds have guaranteed these loans and they paid off the lender and now they own them.. REOs They have been around since loans have been made.

To buy REOs you can go to www.getreoproperties.com and simply search the areas that you want to buy in. You may have heard of “tapes” of houses being sold by lenders and various companies and individuals. A big word of caution; If you’re not getting deeds and title insurance at closing, then don’t buy. There are a lot of companies and individuals that are hawking these tapes on the internet and you could end up losing your money.

The first question to ask anyone selling tapes of properties or even an individual house is this: “How do you control the property?” This answer, if answered honestly, should let you know if you want to move forward. Control can be one of the following:

they own it
they have it under contract

If they own it, there should be a deed to prove it and you’ll want to know who is on the deed. If they have it under contract or have an option to purchase, they should be able to show you the documentation.

Some sellers wont want you to know what their making and if this becomes their issue for not wanting to prove they have control just tell them, “I don’t care if you’re making $100,000 on this deal, I only care if I can make money.” And you know what? That’s all you should care about. There is money to be made in REOs, just don’t give down payments to sellers that you don’t know. Always go through an attorney or a title company.

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
691
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Buy Cash Flow Properties THE BEST TIME TO BUY When Others Have to Sell

  1. 2. <ul><li>Jim Case – Manager </li></ul><ul><li>RJ Palano – Acquisition </li></ul><ul><li>Jay Douglas Swob – Attorney </li></ul><ul><li>Anthony Salmeri – Property Management </li></ul>Who We Are
  2. 3. <ul><li>We buy houses in emerging markets </li></ul><ul><li>We rehabilitate the properties </li></ul><ul><li>Rent on a three-year lease with option to buy </li></ul><ul><li>Sell to Investors </li></ul><ul><li>Continue to manage until property is sold </li></ul>What We Do
  3. 4. <ul><li>Banks </li></ul><ul><li>Asset Managers </li></ul><ul><li>Fannie Mae </li></ul><ul><li>Freddie Mac </li></ul><ul><li>HUD </li></ul><ul><li>FDIC </li></ul>WHO HAS TO SELL?
  4. 5. <ul><li>To find channels of distribution </li></ul><ul><li>To sell through brokers to investors </li></ul><ul><li>To sell directly to investors </li></ul><ul><li>THE BIG EQUITY PARTNER </li></ul>Why I am here
  5. 6. <ul><li>Safety </li></ul><ul><li>No Surprises </li></ul><ul><li>Newer Houses </li></ul><ul><li>Home Warranty </li></ul><ul><li>Title Insurance </li></ul>Our investors want and get:
  6. 7. <ul><li>Atlanta is one of the fastest growing metropolitan centers in the country: </li></ul><ul><li>Forbes Magazine ranked Atlanta as the #1 rental market and 4 th most affordable US market </li></ul><ul><li>CNNMoney.com says Atlanta is 4 th best city in the US to invest in </li></ul><ul><li>1.1 million people relocated to Atlanta from 2000-2008 </li></ul><ul><li>Busiest airport in the world </li></ul><ul><li>Transportation hub of the Southeast </li></ul>Why Atlanta?
  7. 8. <ul><ul><li>3 rd in Job Growth </li></ul></ul><ul><ul><li>3 rd for most Fortune 500 company headquarters </li></ul></ul><ul><ul><li>2 nd best American city to relocate to </li></ul></ul><ul><ul><li>1 st most affordable major US city for business </li></ul></ul>Why Atlanta?
  8. 9. We adhere to strict standards in our houses. <ul><li>Before we buy a house, we check: </li></ul><ul><li>Tenant vs. Homeowner ratios </li></ul><ul><li>Neighborhood crime rates </li></ul><ul><li>Education levels </li></ul><ul><li>Median income </li></ul>
  9. 10. AMERICA IS ON SALE. <ul><li>But WHERE you buy is as important as WHAT you buy for future value. </li></ul>
  10. 11. <ul><li>SMART INVESTING </li></ul><ul><li>The key to be today’s global investor is to recognize opportunity throughout the world and take action while minimizing risk. </li></ul>
  11. 12. This is what we buy…
  12. 13. Beijing, China
  13. 14. On a recent trip to Beijing <ul><li>You could </li></ul><ul><li>buy this… </li></ul><ul><li>Example: </li></ul><ul><li>Guangcai Apartments in Beijing </li></ul><ul><li>2300 square feet </li></ul><ul><li>Purchase Price: $1,600,000 </li></ul><ul><li>Rent: $3000/month </li></ul>
  14. 15. Or you could buy this…
  15. 16. And this…
  16. 17. And this…
  17. 18. And this…
  18. 19. And this.
  19. 20. Summary <ul><li>Atlanta </li></ul><ul><li>Sales Price: $1,600,000 </li></ul><ul><li>Total Square ft: 32,730 </li></ul><ul><li>Estimated Gross Annual Rent: $228,960 </li></ul><ul><li>Beijing </li></ul><ul><li>Sales Price: $1,600,000 </li></ul><ul><li>Square ft: 2300 </li></ul><ul><li>Estimated Gross Annual Rent: $36,000 </li></ul>
  20. 21. <ul><li>Distortion of today’s house values </li></ul><ul><li>Comparable sales are all distress sales </li></ul><ul><li>Use cap rate to sell </li></ul><ul><li>Use square footage </li></ul><ul><li>and cost to build </li></ul>Challenges for Realtors and Some Investors
  21. 22. <ul><li>Declining population </li></ul><ul><li>High property taxes </li></ul><ul><li>High income taxes </li></ul><ul><li>Old housing stock </li></ul><ul><li>Harsh winters </li></ul>Avoid Northeast and Midwest
  22. 23. 40 Loudoun Dr, Covington GA 1788 square feet, built in 2004 Price: $75,000 Rent: $900 Future sale: $125,000
  23. 24. 114 Iverson Place, Temple GA 2579 square feet, built in 2008 Price: $100,000 Rent: $1200 Future sale: $160,000
  24. 25. 95 Greenfield Cir, Covington GA 1258 square feet, built in 2001 Price: $75,000 Rent: $900 Future sale: $150,000
  25. 26. Platforms we sell on <ul><li>All cash </li></ul><ul><li>Equity participation: Buy at my cost, split 50/50 </li></ul><ul><li>Guaranteed return: 8% + 20% of upside </li></ul>
  26. 27. How you can make money with us <ul><li>Become an Affiliate </li></ul><ul><ul><li>Refer leads </li></ul></ul><ul><ul><li>Act as Broker </li></ul></ul><ul><ul><li>Up to 10% of sales </li></ul></ul><ul><ul><li>price commission </li></ul></ul>
  27. 28. <ul><li>Use retirement account to buy houses </li></ul><ul><ul><li>Solo 401(k)s </li></ul></ul><ul><ul><li>IRAs </li></ul></ul><ul><ul><li>Become an affiliate </li></ul></ul>How you can make money with us
  28. 29. Our gift to you <ul><li>Free eBook: Buy Right, Retire Rich at BuyCashFlowProperties.com </li></ul><ul><li>Personal Real Estate Investor Magazine </li></ul><ul><li>Email me at </li></ul><ul><li>[email_address] </li></ul><ul><li>for next month’s free copy </li></ul>
  29. 31. Free Consultation <ul><li>RJ Palano </li></ul><ul><li>(813) 495-3006 </li></ul><ul><li>BuyCashFlowProperties.EscapeArtist.com </li></ul><ul><li>BuyCashFlowProperties.com </li></ul><ul><li>Email: RJP@BuyCashFlowProperties.com </li></ul>

×