Title of these properties are held in the name of your LLC or LLP. You decide who the managing directors are. With investment packages, your funds are held in an escrow account of your choosing and released in these sequences as you approve them. You get full accounting of each transaction.
– Earnest Money Deposit ($3k)
– Final Escrow (usually about $85k)
– Asset Rehab (typical $7k)
INVESTMENT | ANNUAL OVERHEAD | |
$500k 5 Single Family Homes |
Initial LLC Creation / Filing | $4000 |
Tax Returns and Filings | $1500 | |
Property Taxes | $7500 | |
Property Management | $1500 | |
Insurance | $3000 | |
$300k 3 Single Family Homes |
Initial LLC Creation / Filing | $3000 |
Tax Returns and Filings | $1500 | |
Property Taxes | $4500 | |
Property Management | $1500 | |
Insurance | $2000 | |
$200k 2 Single Family Homes |
Initial LLC Creation / Filing | $2000 |
Tax Returns and Filings | $1500 | |
Property Taxes | $3000 | |
Property Management | $1500 | |
Insurance | $1000 |
Disclaimers
1) Returns are not guaranteed. Returns shown are *before* income taxes. We will send you case studies with actual investors and returns.
2) Appreciation is not guaranteed. If / when you decide to sell your assets, you are not obligated to use us.