|
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.
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.
This content has been
updated as of 23rd March 2008. |
