Massive Cash Flow

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DDetroit Real Estate prices are at an ALL TIME LOW.
There are a record number of foreclosures, meaning
Properties can be found at a HUGE DISCOUNT
There is a BIG DEMAND from renters needing places to live.
etroit Real Estate prices are at an ALL TIME LOW.
There are a record number of foreclosures, meaning
Properties can be found at a HUGE DISCOUNT
There is a BIG DEMAND from renters needing places to live.

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Massive Cash Flow

  1. 1. High Annual Return (10% to 30%) Low Risk Hassle Free Create MASSIVE Passive Income through My First Michigan Home, LLC
  2. 2. The Scenario <ul><li>Detroit Real Estate prices are at an ALL TIME LOW. </li></ul><ul><li>There are a record number of foreclosures, meaning </li></ul><ul><ul><li>Properties can be found at a HUGE DISCOUNT </li></ul></ul><ul><ul><li>There is a BIG DEMAND from renters needing places to live. </li></ul></ul>
  3. 3. The Plan <ul><li>My First Michigan Home, LLC </li></ul><ul><ul><li>Forms the Limited Liability Corporation (LLC) for you </li></ul></ul><ul><ul><li>Finds the property </li></ul></ul><ul><ul><li>Renovates the property </li></ul></ul><ul><ul><li>Handles the certifications needed to rent out the property </li></ul></ul><ul><ul><li>Places a tenant into the property </li></ul></ul><ul><ul><li>Arranges for a Property Management Partner to </li></ul></ul><ul><ul><ul><li>Collect the Rent </li></ul></ul></ul><ul><ul><ul><li>Manage the property </li></ul></ul></ul><ul><li>You </li></ul><ul><ul><li>Collect the CASHFLOW </li></ul></ul><ul><ul><li>Do NOTHING else (Hassle Free) </li></ul></ul>
  4. 4. High Annual Returns <ul><li>Example </li></ul>
  5. 5. Sounds Great, but what about...? <ul><ul><li>Q: What if the tenant does not pay? </li></ul></ul><ul><ul><li>A: The people at My First Michigan Home and Section 8 Pros have a lot of experience placing good tenants into homes and have a five-point system to put the best qualified tenant into your property. Part of our plan is that we place a tenant who has his or her rent paid by the government funded Section 8 program. This means that the government pays the rent—not the tenant. That’s guaranteed money! For those non-Section 8 tenants, we have a Rent Rewards program, providing a strong incentive for a tenant to pay his or her rent on time—consistently. </li></ul></ul><ul><ul><li>Q: Will I have to collect the rents? </li></ul></ul><ul><ul><li>A: No. Our property managing partner handles rent collection. </li></ul></ul><ul><ul><li>Q: Will I have to take calls in the middle of the night to fix a broken toilet (or anything else)? </li></ul></ul><ul><ul><li>A: No. No sane person likes to do this. Our property managing partner handles maintenance calls. </li></ul></ul><ul><ul><li>Q: What if the house needs repairs? </li></ul></ul><ul><ul><li>A: First, the house is freshly renovated. So there should not be any major repairs. Also, we budget to build a reserve fund for this, and it is included as an “expense” from the monthly cash flow. </li></ul></ul>
  6. 6. More Questions <ul><ul><li>Q: What if the house does not pass the city inspection, and I can’t rent it? </li></ul></ul><ul><ul><li>A: Our contracting partners specialize in rehabilitating (called rehabbing) properties and preparing them for the City of Detroit’s ARC code. So you will never have to worry about the paperwork, much less whether the house will be ready to rent. </li></ul></ul><ul><ul><li>Q: What if I cannot find a tenant to live (and pay rent) in my property? </li></ul></ul><ul><ul><li>A: Our Section 8 Pros partner finds a tenant to live in your property. They have a relationship with the Section 8 offices and have access to a lot of prospective tenants. Plus, there are a lot of renters needing places to live after being displaced by a landlord who did not pay the mortgage. (Our statistics show there is over 50% more renters seeking places to live during the past six months.) This is a big problem in the City of Detroit, and you are providing a solution. </li></ul></ul><ul><ul><li>Q: What if the tenant takes legal action against me? (For example, the tenant slips, falls, and injures himself.) </li></ul></ul><ul><ul><li>A: We form an LLC for each property. This limits your liability to the amount on that particular property. The tenant cannot sue you for any of your other assets. </li></ul></ul><ul><ul><li>Q: How do I receive the money from the monthly income my property generates? </li></ul></ul><ul><ul><li>A: The property manager will directly deposit your monthly income into the account of your choice. </li></ul></ul>
  7. 7. Does it make sense (and dollars)? <ul><li>High Annual Return </li></ul><ul><li>Low Risk </li></ul><ul><li>No Hassle </li></ul>It’s simple! What else would you want?
  8. 8. But there IS more! <ul><li>Example: Potential Property Value Appreciation </li></ul>Any intelligent investor wants to plan an exit strategy . Do we have one here? <ul><li>These homes have equity built into them. </li></ul><ul><li>If you decide to sell in a few years after the local Detroit economy begins to recover, look at the example below and consider… </li></ul>
  9. 9. Exit Plan: How do I sell my property? <ul><li>Marketing: My First Michigan Home has a 1 4-Point Marketing Plan to find additional home buyers. </li></ul><ul><li>Special Packages to Find and Encourage Buyers </li></ul><ul><ul><li>Tailor Made Home Solutions : This program allows the home buyer to customize the home prior to moving into it, saving the buyer time and money to upgrade it after move-in, which buyers find attractive. </li></ul></ul><ul><ul><li>Good People Bruised Credit : This program helps people helps people with substandard credit buy a home on land contract with 10% down payment. We help them repair their credit so they can qualify for a loan to purchase the home within six (6) to twelve (12) months. Plus, we have relationships with banks to give loans to people with credit scores less than industry standards. </li></ul></ul><ul><ul><li>Perks Program : This program offers over ten (10) different “perk” packages to make the move even more pleasant. </li></ul></ul><ul><ul><li>Federally Funded Down Payment Programs : This program helps buyers place a down payment up to $7,500. </li></ul></ul>My First Michigan Home will help you SELL your property.
  10. 10. How do I get started? <ul><li>Contact </li></ul><ul><ul><li>My First Michigan Home, LLC </li></ul></ul><ul><ul><li>16250 Northland Drive, Suite 242 Southfield, Michigan 48075 </li></ul></ul><ul><ul><li>(248) 757-0926 </li></ul></ul><ul><ul><li>[email_address] </li></ul></ul><ul><ul><li>www.CheapMetroDetroitHomes.com </li></ul></ul>Ask about our No Hassle Massive Passive Income Program
  11. 11. Mission Statement <ul><li>My First Michigan Home strives for excellence by </li></ul><ul><li>dedicating itself to making the process of buying or selling your home as easy and as satisfying as possible, </li></ul><ul><li>respecting, at all times, the needs of each and every client with whom we are commissioned to work, </li></ul><ul><li>maintaining integrity by remaining honest and forthright, and </li></ul><ul><li>placing your best interest with the highest regard throughout the process of our transaction. </li></ul>

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