majic poggi 2012.12.14

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Majic Holdings LLC Jim McDonough Owner/Manager Investing in Real Estate in North Carolina South Carolina Georgia © Majic Holdings, LLC. 2012. This material may not be reproduced, displayed, modified or distributed without the express prior written permission of the copyright holder. For permission, contact [email protected]. HOUSE FLIPPING STRATEGY CAROLINAS

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MAJIC PRESENTATION

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Page 1: Majic poggi 2012.12.14

Majic Holdings LLC

Jim McDonoughOwner/Manager

Investing in Real Estate inNorth Carolina South Carolina

Georgia© Majic Holdings, LLC. 2012. This material may not be reproduced, displayed, modified or distributed

without the express prior written permission of the copyright holder. For permission, contact [email protected].

HOUSE FLIPPING STRATEGYCAROLINAS

Page 2: Majic poggi 2012.12.14

Disclaimer•MAJIC HOLDINGS, LLC and/or JAMES EDWIN MCDONOUGH IV does NOT represent to be a United States Securities Dealer or Broker or US Investment Advisor.

•As a Representative of MAJIC HOLDINGS, LLC and/or JAMES EDWIN MCDONOUGH IV , we make no Warranties or Guarantees or any representations to the investor, buyer, seller or Transaction.

•All due diligence is the responsibility of the Buyer, and seller, or borrower and lender.

•This information presented and any related documents are never to be considered a solicitation for any purpose in any form or content and are provided here for educational purposes only.

• This information presented and any related documents hereto is a response to a formal request of information only. Upon receipt of the information and/or documents, the recipient hereby acknowledges this disclaimer. We do not provide securities or security related advice.

•No information herein shall be construed as a solicitation of investment funds or a securities offering in any way.

FORWARD LOOKING STATEMENTS

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Why Flip Houses Now?

Home sales in Carolinas up 37% over 2011

Many people are moving to the area (Forbes)

The time is nowMarkets are turning up

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How it WorksWe form a Series LLC with the investor(s)

for each individual property purchase

We purchase properties wholesale from banks, etc.

Jim checks out each property and finds the hottest deals

Property is fixed (typically $10K/average 4-8 weeks)

From beginning of purchasing to closing the sale, typically takes 120 to 180 days

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Example 1 of a Closed TransactionThis 3 BEDROOM 2.5 BATH single-family home in

good shape was:Appraised for $111,992Purchased for $58,000Repairs for $10,000Sold in 147 days for $99,900Total Net Profit of $19,907 (after sales cost and commissions)

Page 6: Majic poggi 2012.12.14

Example 2 of a Closed TransactionThis 3 BEDROOM 2 BATH single-family home in

good shape was:Appraised for $79,727Purchased for $40,000Repairs for $13,315Sold in 63 days for $88,154Total Net Profit of $28,668(after sales cost and commissions)

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Example 3 of a Closed TransactionThis 3 BEDROOM 2 BATH single-family home

in good shape was:Appraised for $81,250Purchased for $40,654Repairs for $0Sold in 15 days for $75,000Total Net Profit of $26,115 (after sales cost and commissions)

Page 8: Majic poggi 2012.12.14

Example 4 of a Closed TransactionThis 3 BEDROOM 1 BATH single-family home in

good shape was:Appraised for $64,681Purchased for $35,500Repairs for $0Sold in 15 days for $65,800Total Net Profit of $28,422 (after sales cost and commissions)

Page 9: Majic poggi 2012.12.14

Example 5 of a Closed TransactionThis 3 BEDROOM 2.5 BATH single-family home in

good shape was:Appraised for $90,000Purchased for $40,000Repairs for $2,575Sold in 1 day for $75,000Total Net Profit of $31,615 (after sales cost and commissions)

Page 10: Majic poggi 2012.12.14

Management

Majic Holdings LLC

Jim McDonoughOwner / Entrepreneur / Investor•Dartmouth College ’72•Real Estate Agent & Broker in Hawaii 1986 to 2000 - GRI; CRS CCIM candidate•Director, Special Projects – William McDonough + Partners; Architecture and Community Design – 1999 to 2012•RE Investor – 2011 to Current•Over 17 years of real estate sales and investing experience

ALONG WITH A TEAM OF REALTORS and CONTRACTORS

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Jim’s Track Record

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Risks

Economic Changes - Macro

Property does not sell as promptly as expected

Volatile Market - Micro

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Current Partnership Available

Minimum Investment Range between $10,000 to $60,000

You can use your IRA

Your Initial Investment + Preferred Rate of Return: 15% per flip - if available

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Distribution Upon SaleFor Example Only – Part 1

Purchase Price: $50,000PLUS Repairs & Expenses:

$10,000EQUALS Total Investment:

$60,000

Page 15: Majic poggi 2012.12.14

Example, Part 2Sale Price: $80,000

Net Profit: $20,000

YOUR PROFIT: $9,000 (15% of $60,000 Total Invested)

You get 50% of the Net Profit up to 15% of Your Total Investment

Page 16: Majic poggi 2012.12.14

Projected Schedule

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BenefitsGreat Cash Flow Investment

Highly Respectable Returns: 30 - 45% Annual ROI

Short Time Frame for Capital Return: 120 - 180 days

Investment Back by Property: Collateralized Investment

IRA Qualified

Proven Business Model: Many homes in last 3 years

Expert Management Team: 40+ years of real estate experience

1st Right of Acceptance for future homes

Page 18: Majic poggi 2012.12.14

For More Information

Jim McDonough

Phone: 954 306 3586 - ask for Katie

Page 19: Majic poggi 2012.12.14

Testimonials