35+% ROI New '08 Commuter Rail-Phoenix-Tempe, Az-Red Rox Condos Marketing Download
REAL ESTATE INVESTMENT WITHOUT THE TIME CONSUMING WORK, STRESS, OR RISK BUT WITH ALL THE BENEFITS IN ANY MARKET CONDITION
Condos With Corporate Rentals is a team of industry experts and investors that in 2005 created an exclusive, turnkey Real Estate Investment Program for fellow investors. Filling the marketplace void and simplifying the real estate investment process. Providing Class A, early-stage Condo Conversions With Corporate Rentals with Positive Cash Flow in High Job Growth Markets for 6-9+% Annual Appreciation.
Members of our team are personal investors in the same condos. We are vested in our projects/ programs and are diligent caretakers and fellow neighbors.
For 1031 Exchange Investors, Condos With Corporate Rentals is the turnkey resource for the challenges of identifying a replacement property in 45 days. All of our properties are 1031-Ready. In 2005-6 we transacted over $2.5M in 1031 Exchanges.
Condos With Corporate Rentals consolidates every component of the Condo Conversion purchase into a user-friendly, proprietary Turnkey Process.
1. Sourcing Condo Conversions = 15+% Appreciation and Valuable Time:
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Early Stage Condo Conversions to ownership are formerly rental Apartments.
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Our Corporate Rental partners have been tenants at the Apartment.
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Our Acquisitions associate was a former VP Acquisitions with the largest US Condo Converters.
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We handpick and our Corporate Rental partner only uses Class A condos.
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Handpicked markets/ locations/ units for 15+% annual appreciation.
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Turnkey expertise, partnerships and exhaustive diligence that a buyers do not usually have time for and the associated costs. Saves investors priceless research time and related costs.
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2. Guaranteed Corporate Lease, renewal = No Tenant Drama or Costs:
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Exclusive Corporate Lease typically 12-14 months + renewal included with purchase.
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Oakwood Corporate Housing is the #1 Corporate Housing Company Worldwide.
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Our Corporate Rental partners are not structured to interact with homeowners. We administer Corporate Lease under Master Leases with the investor/owner.
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Our Corporate Rental partners need these units as “core” inventory.
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No tenant horror stories, collections, marketing costs, or vacancy stress.
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None of your time to manage.
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Corporate Lease Income upfront with Mortgage eases approval because the Lease guarantees the mortgage. No impact of your monthly income ratios to mortgage payments.
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Exit Strategy: The ultimate resale advantage and appeal to next investor.
3. Home Warranty Policy = No maintenance or Home Depot trips:
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Tenant calls Policy 800# for Service and Repair.
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Investor fixes NOTHING! None of your time, no tools, no contractors to research.
4. Preferred Mortgage Lender=No time consuming broker research.
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We select a Mortgage Lender that is warranted for the project by the FHA to write mortgages specifically for Condo Conversions. Being warranted for a Condo Conversion project is a specialized Mortgage capability.
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We negotiate with the Preferred Lender to provide our clients with special Investor Grade Loan Programs.80% programs are available.
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Upfront Corporate Lease Income eases the Mortgage process by reducing your Income Ratio.
5. Real Estate Investment benefits you can bank on:
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Real Estate is a tangible/physical asset versus stocks for example.
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Real Estate is an asset you control and can make liquid selling or borrowing against if necessary.
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Real Estate enables us to invest (i.e.)$25,000 - $30,000 to own something that is immediately worth 10x more; $200K-$250K+
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It is the $200K-$250K+ that is appreciating @ 10-15% =$20,000-$30,000 each year. Versus the $25K-$30K @ 10-15%= $2,500-$4,000 each year.
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Tax Benefits/Deductions: Closing Costs, Mortgage Interest payments and the first 3-5+ years are all interest payments, Property Tax, Expenses, etc.
INVESTORS BENEFIT FROM OUR INDUSTRY LEADING PARTNERS
PHOENIX-TEMPE ARIZONA: RED ROX CONDOS HIGHLIGHTS
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Cash Flow Positive 15% Down. Guaranteed Lease = Monthly Mortgage Covered.
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No Tenant or Maintenance Management. Home Warranty Maintenance Policy.
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11-Step Turnkey Purchase Process.
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Red Rox Condominiums: Phase 2, (15) Units January-May 08. Phase 1 (25) Units Sold Out.
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Seller Incentive: Paid Closing Costs 3% of Purchase Price $5,000-$7,700.
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Seller Incentive: $4,000 outside of closing in additonal $167/month rent for 24 months.
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3% Escrow Deposit.
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Premium Units=High value: Pool, Garage, Lakes, Mountains, Corners, etc.
Contact: Larry Keyser, Ph: 617-270-6252
larrykeyser@condoswithcorporaterentals.com
