130 likes | 278 Views
Understanding Land Contracts. www.usapropertyinvestor.com/landcontractreserve.html. Land Contracts – what are they?. A land contract is a passive or hand-off investment that gives the investor a monthly income from a high cash-flow, turnkey property.
E N D
Understanding Land Contracts • www.usapropertyinvestor.com/landcontractreserve.html
Land Contracts – what are they? A land contract is a passive or hand-off investment that gives the investor a monthly income from a high cash-flow, turnkey property. A Land contract (known as a “note”) is a contract between a seller and buyer of property in which the seller agrees to sell the “note” for a fixed price to the buyer. The buyer, pays for the note in monthly instalments over an agreed period of years, usually 10 years with interest. The seller permits the buyer uninterrupted ownership of the property for the duration of the note. After which the subject property is deeded over to the buyer. - YOU are the seller Low Prices Invest in Detroit Property Today High Rental Demand High Cash Flow www.usapropertyinvestor.com/detroit.html Available Mortgages Low Interest Rates • www.usapropertyinvestor.com/landcontractreserve.html
Land Contract vs. Owning property One main differences between owning a Land contract vs. Owning a rental. Investing in a land contract, all your income is NET – all property taxes, insurances, management fees, and maintenance costs are the responsibility of, and paid by the buyer, as well as any ongoing & running costs. This means that you, as land contract investor have no responsibility towards the upkeep of the property, or taxes, insurance, management, etc. The buyer pays you every month until the land contract is paid in full. Land Contract Vs. Owning a BTL • www.usapropertyinvestor.com/landcontractreserve.html
Why invest in Land Contracts? Built in exit strategy High Cash Flow Completely Passive No running costs No management Legally structured to secure your investment • www.usapropertyinvestor.com/landcontractreserve.html
Why now? No mortgages available Low Prices Invest in Detroit Property Today Would be buyers have a way to own their own home High Rental Demand High Cash Flow www.usapropertyinvestor.com/detroit.html Limited Opportunity throughout 2010/11 Available Mortgages Low Interest Rates High interest rates available even when base rates are so low • www.usapropertyinvestor.com/landcontractreserve.html
What’s in it for the buyer? Owning there own home where they otherwise could never do Repayments 25-30% less than comparable rents Owning is still the cornerstone of the American dream • www.usapropertyinvestor.com/landcontractreserve.html
What’s in it for YOU? High Return on investment Exit strategy already in place BEFORE you invest Buyer is responsible for ALL taxes, insurance, maintenance etc Easy to repossess if buyer fails to keep up with repayments • www.usapropertyinvestor.com/landcontractreserve.html
Nuts & Bolts – how it works • Investor (you) take ownership of property by way of fully insured title and deeds • YOU then offer the “note” to the buyer: Terms of note, i.e. $50k +10% interest, 10yr term (buyer of note already in place for you) • YOU then receive monthly repayments until maturity of the Land Contract (note) • Investor security • Full ownership of title to property. • As seller, if buyer defaults on Land Contract, easy to repossess. • Contract Value to investor is an ROI of over 16% for 10 years! • www.usapropertyinvestor.com/landcontractreserve.html
Working example Bungalow: three bed, 1.5 bath, 1100 sqft Ingoings Outgoings Repayments $660.75 (YOU receive) Optional management service $25 p/m Contract Value $79,290 (paid to YOU over 10 years) Annual taxes n/a Pontiac, MI Annual insurance n/a Escrow $250 (money held from buyer for taxes & insurance) Contract Price $28,800 16.9% ROI $4929 annual profit • www.usapropertyinvestor.com/landcontractreserve.html
Opportunities like this don’t come along too often Huge ROI on Land Contract High Cash Flow Exit Strategy already in place No running costs Security on investment (full ownership of title) • www.usapropertyinvestor.com/landcontractreserve.html
**Limited Offer!** Reserve with us today and get our UPI Sourcing & Management fee for just £995 • www.usapropertyinvestor.com/landcontractreserve.html
To invest in our Land Contracts Program today and take advantage of our 50% discounted fee, complete the client reservation request located at • www.usapropertyinvestor.com/landcontractreserve.html Total UPI Ltd fees;£995 (50% discount applied) One payment of £995 (reservation fee) • Tel: 0845 438 0634, • From abroad +44 (0)845 438 0634
www.usapropertyinvestor.com/landcontractreserve.html Tel: 0845 438 0634, From abroad +44 (0)845 438 0634