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Joint Property Buying: You are invited to join us in Joint Ventures, buying and selling property. If you are looking to make your money work for you without the risk of going it alone, then a joint venture with us is the answer! If you want to be part of the property development industry without the total risk, then Joint Ventures may be your answer to the quickest way to see a good return on your cash, we aim for 15% + profit per property within 9 months. Find out how to partner us in a Joint Venture! Here's how it work's. You have cash to invest, and as you know, the interest from Banks and high interest savings accounts is not a very good return. You could buy shares or bonds etc, but the risk is still worrying, especially in this economic climate. We have been buying and selling property for the past 20 years and know this business well. When we first started, we used to do all the renovation work ourselves to keep the costs down, to maximize our profits, now we use local trades people and spend our time managing the work and locating new profitable ventures. What we are offering you, is this, you meet us and we discuss what and how we intend to work together, we will look at a range of properties that have good profit margins, allowing for the cost of repairs etc and decide on a project to buy. If the project has 2, 3 or more partners to afford the costs, we all share equal profits from the sale. As an example, one project we have in mind is a 2 bed, detached bungalow in a quiet street in Cheriton, Folkestone, Kent. Our research on similar sales show that this property will sell for around £245,000 at March 2008 prices, asking price will be £249,995. We need to totally decorate, new kitchen and bathroom in the main plus small other works to include basic garden landscape. In all, we estimate the renovation costs to be no more than £20,000. Purchase price for us is £180,000 Stamp Duty and legal fees to buy £3,800 Selling fees and legal costs to include Estate Agents charges £5,900, unless we sell through and the selling fees will be zero. Total buying, renovating and sales costs to include Estate Agents and legal costs to both buy, renovate and sell £209,700. Sales price £245,000 - Less £209,700 = £35,300 clear profit which can be achieved in a turn around from start to finish of about 6 - 9 months. £35,300 profit in that short time is better than any investment with a bank or savings account anywhere! Let's say, just as an example, the profits are split 3 ways, between 3 joint venture partners, that's £11,766 each profit, which is around 17% interest. The £20,000 renovation cost is a high, safe estimate, it could be more like £15,000 on this particular project, which allows more profit or flexibility on the sales price. This is just one real example on how we can work together, there are many profitable, property investments, and we could be involved with many projects at the same time, which will really boost the profit interest % on your financial contribution. If you want to talk to us and or come and meet us to discuss how we can work together, call Paul Pearson on 07766 881110. Trust is important, but we do not leave trust exposed as you will be partnering us in a mutually agreed, venture that is legally arranged with yours and our Solicitors so we are all happy and everything is transparent from start to completion. . |
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