Thursday, July 30, 2009

3 Day Investor's Camp Itinerary

August 14, 15, 16

Thursday
  • Meet & Greet at the Marriot

Friday

  • 9:00 am - Breakfast, Education about the area- Why is now the right time?
  • 12:00 pm - Lunch , Networking
  • 2:00 pm- Bus Tour
  • 5:30-6:00 pm - On your own- Networking

Saturday

  • 9:00 am Breakfast
  • Meet our team of local experts and The Chang Group
  • 12:00 pm - Lunch - Going over the numbers
  • 2:00 pm - Bus Tour
  • 5:30-6:00 - On your own- Networking

Sunday

  • 10:00 am -Breakfast - Going over the numbers
  • 12:00 pm - Lunch- Structuring Cash Flow Deals

Thursday, July 9, 2009

Fresh Start Homes Pro forma

Potential Purchase Price: $87,500
Cash Down 20%: $17,500
Lease Option Sale Price: $114,000
Gross Rental Rate: $1,100
Less Expenses:
Management Fee $110
Property Taxes $95
Insurance $55
Repairs & Maintenance $0
Set-Aside $190
Debt Service 80% LTV $406

Total Est. Expenses $855
Net Income $245

Returns:
Capitalization Rate 14.34%
Cash on Cash Return 16.77%

Sale 12 months
Sale Price $114,000
Less Close Costs 3% $2,280
Less Commissions $3,420

Net Proceeds $108,300

Purchase Price $87,500
Net Profit $20,800
Plus $2,934
Total Return $23,734
Cash Invested $17,500

Total Cash on Cash Return 136%

Friday, June 12, 2009

The Chang Group Investment Properties



Single Family
Year Built: 2007
3 Total Bedrooms
2 Total Baths
1408 sq ft
Available Immediately
Investor Price: $84,000
Lease Option Rent: $950
Lease Option Price: $115,000
Single Family
Year Built: 2007
3 Total Bedrooms
2 Total Baths
1391 sq ft
Available Immediately
Investor Price: $81,000
Lease Option Rent: $900
Lease Option Price: $108,000








Single Family
Year Built: 2006
3 Total Bedrooms
2 Total Baths
1519 sq ft
Available Immediately
Investor Price: $84,000
Lease Option Rent: $975
Lease Option Price: $115,000

Single Family
Year Built: 2006
3 Total Bedrooms
2 Total Baths
1811 sq ft
Available Immediately
Investor Price: $91,000
Lease Option Rent: $1075
Lease Option Price: $136,000












Single Family
Year Built: 2005
3 Total Bedrooms
2 Total Baths
1204 sq ft
Available Immediately
Investor Price: $78,000
Lease Option Rent: $900
Lease Option Price: $102,000
Contact us for more information


















































Friday, May 29, 2009

Foreclosure Investing TIP of the Week

Foreclosed properties sold at auction are often sold "as is" meaning they could come with creditor or tax liens attached. You may even be responsible for evicting the former homeowner.

Best practice is to research the homes offered at auction prior to the auction day.

You may want to contact the attorney handling the foreclosure to find out if there are any "strings attached" before purchasing the property. The attorney is listed in the Foreclosure Notice.

Featured Property - Monthly Projected Cash Flow