Private Money Partnering

Presenting The Deal

Chapter K. (continued)

3. RENOVATION AND MAINTENANCE

GENERAL CONTRACTOR I act as general contractor, hiring the particular subcontractors that I need.
PROFESSIONAL EXPERTISE These services are reinforced by skilled experts that I retain to protect my client’s interest.

• REAL ESTATE ATTORNEY
• CERTIFIED PUBLIC ACCOUNTANT
• GENERAL CONTRACTOR/BUILDING INSPECTOR
• VENDORS…APPROVED BY INVESTORS
• LOCAL AND NATIONAL INVESTOR GROUPS
• NATIONAL INVESTOR HOTLINE
• REAL ESTATE AGENTS

INCOME PROPERTIES There are various types of income properties. I recommend, for almost all investors, buying single family homes.

• SINGLE FAMILY HOMES They are easy to find and in high demand by tenants.

TENANT STABILITY They attract a better class of tenant.

APPRECIATION In almost all markets at any time, a single family detached home will have greater appreciation potential than any other type of residence.

MAINTENANCE CONTROL It can be structured so the tenant assists in the process

• SMALL MULTIPLES

MANAGEMENT FOCUS

CASH FLOW POTENTIAL

• CONDOS

LOWER INITIAL COST POTENTIAL

MAINTENANCE CEILING

• LARGE MULTIPLES

GREATER LEVERAGE POTENTIAL

THREE WAYS TO INVEST

• CASH FOR ENTRY COSTS All moneys needed prior to getting the property rented.
• MONTHLY PAYMENTS You could participate by handling the monthly loan obligations
• CREDIT RATING/FINANCIAL

STATEMENT Some properties can be purchased with little or nothing down through use of your financial statement

THREE TYPES OF INVESTOR PARTICIPATION They all protect you
as a venture partner.

• MORTGAGE LIEN A first or second mortgage against the property which the Mariel Company or a trust owns.
• PERCENTAGE You could have a percentage of ownership, depending on the amount of cash invested.
• FULL OWNERSHIP You would receive 100% of the tax benefits including the write off for all property expenses.

NEXT STEPS…

• SET GOALS Lets talk about these together
• SELECT TYPE OF PARTICIPATION You’ll need to fill out the Application
• ESTABLISH ACTIVE CLIENT BASIS Complete the Earnest Money
• Deposit Form and advance me the earnest money
• DETERMINE COORDINATION PRODUCERS When will I get a call from you? We’ll need your approval on the direction that makes sense for you. How soon do you want me to contact you regarding a specific offering?

Protecting Private Money Deals - Chapter L