|
|
Why it works! What We Look For In a Property
There are many factors that are considered when evaluating a particular project before it is offered to our group.
The project must have what we call "desirability" . Projects are not required to have all of these factors but they must have some combination of these factors to make them an acceptable opportunity for our group:
Aesthetics: Beautiful locations with breath-taking views
Recreation: We look for a variety of activities such as boating, water sports, hiking, biking, golf, fishing etc.
Community: Upscale communities with many amenities and services
Population migration: Strong desirability of the area due to factors such as job creation and/or area amenities.
Economy: The local area has a strong economic base.
Potential for appreciation: The project area has shown good property appreciation rates.*
Developer qualifications: The developer must have a sound financial position and have a track record of completing projects. Developer also must be bonded on the particular project our group is participating in. In addition, the developer must be receptive to our group and offer us favorable terms and pricing.
Communication
We transmit our deals to our members through emails that contain links to web pages with information on the opportunity. Many deals will allow you to join a conference call with the developers to ask questions and hear them speak about the project. People call in only if they want to buy. Our offerings always sell out so we can remain objective in helping people decide whether or not a deal makes sense for them.
Access to desirable Markets
The founding brokers of the buying group perform detailed research, follow trends and can spot emerging markets and micro markets early. They have over 33 years of real estate experience and have amassed a massive real estate portfolio. They caught Vegas early. They were buying in Phoenix early. Over and over they have found hyper appreciating markets prior to them officially becoming "hot markets". Market intelligence comes to the group through our core team of researching professionals as well as our individual members. Our members bought hundreds of homes in Vegas and made tens of millions of dollars. When Vegas started to peak we shifted to Phoenix and we got hundreds of people into pre-construction homes. The market then exploded. Then all of a sudden the major builders cut off investors. We figured out how to find local builders that would sell to investors and were the only ones with pre-construction inventory in any quantity in Phoenix. (How we did it is still classified). We were the first ones to get investors into the emerging high-rise game in Vegas, right before prices doubled. When Phoenix started slowing we were already running numbers in other markets where the developers never saw an investor before. When everyone else was scrambling for pre-construction, we started doing pre-development. It’s about staying one step ahead of the market and innovating.
| Flexibility:
This business is dynamic. We have literally have to be able to reinvent ourselves on a dime. Most investor groups are not fluid enough to address change. They tend to become "experts" in a single market or a single investment strategy. Certain education companies also sell investment properties. The problem here is the whole organization is built around a core teaching like, "buy and old house and rent it out and try to get a positive cash flow". Their philosophy is built around one core strategy. It becomes easier to sell the same old stuff than to rewrite everything and retrain everyone. It becomes a mill turning out mindless investors making $50 a month. We have to react to each and every market opportunity and adversity. As investors you too need to be equally flexible and adaptive to change. | Membership:
While we do not charge a membership fee, performance is critical to the integrity of the group. If you are prone to dropping out, are terrified of making a decision, can't come up with a down payment, or can't qualify for loans we encourage you to "Armor Up" before attempting to buy. Would you want to go into combat terrified without body armor or weapons? Make sure you have the tools it takes to perform. Typically, we recommend having a 640 credit score and a minimum of $10-20K in available capital. For this reason we ask that you submit the pre-qualification form found on this website. Remember your network is your net-worth. Join with thousands of like-minded individuals to improve your real estate purchasing power. |
|