Business Summary:
Monthly revenues as of 2/26/11 are $43,000/month. Currently portfolio value is $9.1m Equity share, 50/50 in profits with $6m investment. Hold some, quickturn others in trust or LLC with 50/50 share in beneficial interest or ownership. Seller has tax credits for any interested buyer. We manage and use property, you put up funds to carry property 1-2 years out by end of 2nd beginning of 3rd year for appreciation, this is a low discount buy from short, some monthly revenues, estimated return 23% or more annual basis on each, in some cases significantly more. This is a quickturn and management company in real estate, residential single family properties that has adapted to the market changes by also building a significant monthly rental revenue stream. The owner is looking for a buyer to purchase its current system, and entry can be had for as low as $1m. Become an equity partner and have a piece of the underwritten portfolio, specifically through a cash injection of $3m so that all mortgages can be paid off and/or reduced significantly for maximum monthly cash flow. Gross Revenue Rate of return to an investor would be approximately $43,000 per month (with an estimate increase average of $5k/month with this amount estimated to be at $67,000 by end of year) plus equally share in the profit from the sale of properties and acquisition of cash flowing rentals which minimum rate of return is estimated at 23% however it is expected to be significantly higher as more properties begin to sell. The system utilized by the business finds properties that do not require liability in the beginning, however capital is needed to manage, repair, and better the properties on a monthly basis. The business incorporated a solution, to short mortgages so the portfolio could be reduced to only cash flowing units and/or ones that are selling, to eliminate the mortgages for maximum cash flow, which will be charged off against tax credits. The business recently moved into commercial properties seeing that it was the best area to improve monthly cash flow by at least $40k up to $200k/month. For additional information email info@vrclearwater.com or call 727-499-6500.
|
|
|
