investment opportunities in today’s real estate market greenovate the home llc

Investment Opportunities in Today’s Real Estate Market

GREENOVATE THE HOME LLC

Joe Griffin-Owner/CEO

BS Long Island University

MBA University of Phoenix

Licensed Residential, Commercial, and Business Broker with Metrobrokers

Realtor/Investor for over 10 years

Launched Greenovate the Home LLC 2010

Help homeowners build value through green philosophy

Teacher of the Year/Hall of Fame College basketball player/Professional

© 2008 - Must Know Investing

© 2008 – Patrick Riddle

It’s a Buyer’s Market!The State of the Mortgage Industry.

Foreclosures at an All Time High. Investors can Purchase Properties for 30-50% Off

Cash buyers can get a bigger discount!

Today’s Real Estate Investing Market

Opportunity Awaits the Intelligent Investor


Food For Thought


Suppose I approached you with an opportunity where you lend me $100

dollars, and immediately, I turn around and repay you $120 the next day. How many times in a year would you be able to lend

me $100? I think that answer would be…….

AS MANY TIMES AS POSSIBLE!!!!!!!

It Gets Even Better

In the previous example, the $20 dollars you earned represented a 20% interest payment right? Remember I immediately paid you back? The annualized return would not be 20%. Interest is calculated on an annual basis, what about the other 364 days. Your annual return would be……

7,380%(20% X 364 days)


Question???

Would you be willing to take an existing line of credit, cash, or IRA, and invest with me for a 20% return? What if we did 4 deals per year? Wouldn’t you really be earning 80% utilizing the same funds over and over? Do you want some collateral? How about a bank owned foreclosure purchased for 40 cents on the dollar. Are your current investments earning more?


Opportunity Awaits the Intelligent Investor


You Become the Bank as a Private

Money Lender

WHY!!!


Banks are Filthy Rich The Stock Market is averaging a 10% loss

over the past 5 years CD’s and Saving Account interest is

laughable ranging between .5% and 2% return annually

Even in today’s market, real estate has nearly doubled in value over the past 10 years

Teacher Salary= $4200 per month

I realized I would need 2.4 million dollars in a savings account earning 2% to equal my current salary of $4200 per month.

Purchase 10 homes at today’s real estate prices. Pay them off early with proceeds from my investments, then rent them out. Earn easily $7000 per month with growing equity in the homes.


The Hard Way The Easy Way


Locate Motivated Sellers Provide Solutions Through Speed and Ease of

Transaction Use Cash from Investors to Buy Property at

Deep Discounts Create Win-Win-Win Scenario between Seller,

Investor, and Greenovate The Home LLC

REPEAT, REPEAT, REPEAT!!!!

Our Business Model


Cash is King Speed to Close a Deal It’s Like “Profit Sharing” No expensive Hard Money Less documentation required New laws limit the amount of properties

an investor can finance

Why Borrow from People Like You


We will locate distressed homeowners and bank owned property

We will rehab property using Green methods

We will market property with Metrobrokers using the MLS

We will coordinate all aspects of the sale and closing

Investor simply funds the deal and waits for a check!!!

What are our roles?


What experience do you have Investing? Are you happy with your current

investment portfolio? How do you think our program could

help with your investment goals? Whether or not our program is a fit, is it

important that you invest right now?

Investor Evaluation


CashLine of CreditSelf Directed IRA-

Video

What Do We Need to Start?


Investing Range - $25K to $250K Time Frames:

Short Term – 6 to 12 months Long Term – 1 to 5 years

Rate of Return –20% return on each deal or negotiated split, whichever is greater.

Payment Terms Regular Interest Payment Interest Accrued

Investment Opportunity


Transaction handled through LLC and a local attorney

Funds wired to closing attorney not my personal bank account

Clear detailed partnership agreement signed before anything

Promissory note and Mortgage to a fully insured property with lots of equity

Investor Protections


How is the real estate market affecting your business?

Why would people sell their house at such a deep discount?

Would I be investing in a piece of property or Greenovate the Home?

Is the investment secured? What kind of paperwork do I get?

Common Questions


Can I invest from my IRA? I have equity in my home, could I use

that to invest in your program? Most of my money is in the stock market

but I don’t want to sell right now, how could I invest with you?

How will the repairs be handled? How can we pay returns this high?

Common Questions

116 Anytown Drive Bank Owned Property Private investor lent

$60K to pay for purchase, minor repairs, and holding costs

Sold property to another buyer for $100k

Interest earned by private investor was $12000 (20%) and 60k was repaid on LOC to repeat process

Can we repeat this process??


Sample Deal


Define Investment Details Amount Investing Time Frame Payment Terms

Position Funds for Availability Receive Investor Paperwork Package Deliver Funds for Closing

Next Steps


If you are on board, sign the Commitment Letter outlining the amount you can invest.

Provide all of your contact information Wait for partnership agreement Prepare funds for use Ask for a Proof of Funds Letter from your

Bank

Are You on Board?


If this opportunity is not for you, please pass the information on to a friend, associate, co-worker or family member. I will pay a generous referral fee for any clients you send over.

If You Are not on Board?


Joe Griffin2304 Benji Blvd

Conyers, GA 30013

770-827-7251

www.metrobrokers.com/joe.griffinwww.greenovatethehome.comjoegriffinrealestate@[email protected]

Contact Information

investment opportunities in today’s real estate market greenovate the home llc

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