Renovating and Reselling

Transcription

1 Renovating and Reselling North Metro Atlanta Contact: John Marion Mobile:

2 Project Description Alpha Dog Investments is buying, renovating, and reselling single family houses in the North Metro Atlanta market. This project seeks capital to buy and renovate 45 homes each year over the next 5 years.

3 Financial Overview Total Capital Targeted $5,000,000 Minimum Investment $50,000 Project Duration 5 Years Target Investor Return 9% Annual Important Dates Offer Opens March 24, 2014 Offer Closes July 31, 2014

4 Project Attributes Alpha Dog Investments sells fully renovated homes with a one year home warranty to retail buyers and investors. The properties are single family homes and townhouses. They have between 1200 and 2500 square feet of living space. The renovation process increases the value of homes by making repairs and upgrades.

5 Targeted Profit PROJECT REVENUE Total Home Sales $10,795,000 Less Sales Costs $8,927,700 Gross Revenue $1,867,700 PROJECT EXPENDITURES General & Administrative $131,550 Taxes $386,345 Interest $450,000 (9% of 5M to investors) Total Expenses $967,895 Net Profit for Company (8.3% of sales) $899,805 Targeted profit is Year 2 of the forecasted plan. See the business plan for complete details of years 1 through 5. *Investors should note that the profit & loss statement is a forecast and subject to variance based on conditions outside of the control of the company managers. Please contact the managers for a copy of the complete business plan.

6 Location Atlanta Based Companies

7 Marketing Nobody in the world sells more real estate than RE/MAX.

8 Financial Summary Capital and Returns The Company is at a stage where it will be a principle in 45 real estate renovation projects in order to achieve greater profits. The Company is expected to be profitable within the first 6 months of this plan. Investment Capital This will require $5M and take 6 months to begin realizing a profit. This is the investment capital the Company is seeking to secure with a Reg D, Private Placement Memorandum. Interest Payments and Loan Repayment The Company will pay interest and repay the $5M investment loan as follows: At the end of Year 1, the Company will make interest only payment of 9%. In Years 2-5, the Company will make semi-annual interest only payments every six months at 9% annual interest. At the end of Year 5, the Company will pay off the original principle balance. The Company reserves the right to accelerate the payoff of the loan at any time.

9 Financial Summary Revenue and Cash Flow The long term plan is targeted for consistency and stability rather than speculative growth. The emphasis is to enter and exit each transaction within a six month time frame. This is achieved by investing the Company's capital into transactions that are completed in six months, from date of acquisition to date of resale. The plan enables the capital to be invested twice each year with a return on each transaction every six months. This greatly reduces risk if the real estate market were to become highly volatile and decline. The plan allows the company to be profitable even in a flat market or if real estate values decline slightly. The long-term forecast is focused on consistency of achieving profits with a modest annual sales growth rate each year. *The Profit & Loss Statement and Cash Flow Chart are included in the complete business plan.

10 Meet John & Sandra Prior to becoming a full time real estate professional, I worked in the non-profit industry for 26 years. During that time I dabbled in real estate buying land and rental properties. 6 years ago I decided to get into real estate full time. I have been a real estate investor in Northern Virginia and Atlanta. 3 years ago I became a licensed REMAX agent in Georgia, specializing in providing real estate services to investors. I joined Sandra Watkins' team and began to grow the investment sector of our business. It was at this time that we formed our company, Alpha Dog Investments. We have helped many individual investors and large hedge funds to purchase, renovate, and rent properties in the Atlanta market. Georgia Rental Group is our property management company and I take an active role in growing that company's business. Some of my specialties include home inspection, knowledge of home renovation costs, and ROI analysis on residential investment property. I have a Property Management certification and am currently working on a Commercial Property certification. I'm easily found online. Google me. John Marion [email protected] Sandra Watkins [email protected] I have been a licensed agent for 15 years and a Broker for the last 10. I am currently a full time Associate Broker with RE/MAX Town & Country and the Broker/Owner of Asset Management & Rental Group dba Georgia Rental Group. Georgia Rental Group, our property management company, was opened 5 years ago when I took over the management of an apartment complex. We are currently managing homes all over the Metro Atlanta area for out of state and local owners. We are consistently the top performing agents in our area. Working with distressed properties and investors has become a large part of our business. We also represent a number of builders and developers marketing and selling new homes. I have years of experience running a large team of agents, keeping everyone on task and setting goals for the team. Our diversity with the clients we work with along with our knowledge of the Atlanta real estate market has helped many of our clients buy, renovate and sell 100 s of homes in the last two years. Please feel free to contact me at any time or look me up online. I look forward to helping you with your financial goals.