- 1. Private Mortgage Investments Joe Jackson Jacksons Properties
/Rockview Properties, LLC
2. Private Mortgage Investments High Yield Investments Secured
by Real Estate 3. Disclaimer Please carefully consider Jacksons
Properties / Rockview Properties, LLC's investment objectives,
risks, and associated costs or expenses before investing. Real
estate investments are not guaranteed or insured and past
performance is not a guarantee of future performance. Please ask
questions and ask for more information before you consider any
investment. 4. Introduction
- Glad you could be here today
- We have a exciting and profitable program for you to
understand
- Please feel free to ask questions and participate in the
presentation
- If you desire further information we can schedule a one-on-one
meeting at a later date.
5. Presentation Outline
-
- Staff, Organization Chart and Web Site
6. Presentation Outline
-
- Staff, Organization Chart and Web Site
7.
- More millionaires have created their wealth through real estate
than any other endeavor
8. Summary
- We buy and sell 4 to 6 houses per year
- To fund our deals we generally borrow money from banks at 70%
to 80% of value and borrow the balance from private
individuals
- Or we borrow 100% of the purchase price from private
individuals
- We pay private investors 6% for 1 stmortgage money or 8% for 2
ndmortgage money
- We typically use your money for 5 years for rental investments,
and shorter terms for re-sale properties.
9. Private Mortgage ProgramPurchase of Re-Sale Properties
- We use our marketing program to get potential sellers to call
us
- We negotiate to buy a house for re-sale that is typically 40%
to 60% below market
- At closing, we borrow from private investor(s) to purchase the
property
- Private investors get a mortgage and insurance as security
- We make payments to you when the property is sold.
10. Guidelines - 1 stMortgage Program Purchase of Re-Sale
Properties
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- Up to 80% LTV or ITV (Investment to Value)
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- One Point (1%) upfront fee to you the investor
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- Payment upon Sale of Property
11. Guidelines - 1 stMortgage Program Purchase- Rental
Properties
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- Up to 80% LTV or ITV (Investment to Value)
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- Numerous payment options (monthly, quarterly, etc.)
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- One Point (1%) upfront fee to you the investor
12. Private Mortgage Program Guidelines - 2 ndMortgage
Program
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- Numerous payment options (monthly, quarterly, ect.)
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- Two Point (2%) upfront fee to you the investor
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- 5 years (we allow early withdrawal without any penalties)
13. Payments Options Rental Properties
- You get 6% simple interest on your invested capital (8% if you
choose the 2 ndMortgage Program)
- We can pay you any of the following ways:
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- No Payment Accrual Program ( we pay an additional 1%)
14.
- Money invested in banks CDs will earn about 2-3% ($230 per year
for every $10,000)
- Our Program will yield between 6% and 8%($800 to $1,000 per
year for every $10,000)
- That is over 300% better than bank CDs
Private Mortgage Program Bank CDs vs. Our Program 15. Our
Typical Single Family Resale Property
- Average Purchase Price is between $50,000 - $100,000
- Repair Cost Typically between $8,000 $35,000
- Homes have 3 to 5 bedrooms and 1.5 +baths(we never buy 2 bed
houses as they are hard to resell)
- Time to renovate and rent or sell is less that 90 days
- Loan amount is $75,000 or $500 per month
- Our profit is the spread between the sales price and the
purchase/rehab cost and your interest payment
16. Our Typical Rental Property
- Average Purchase Price is between $20,000 - $50,000
- Repair Cost Typically between $5,000 $20,000
- Homes have 2 to 3 bedrooms and 1 +baths(we prefer a 3/2)
- Time to renovate and rent is less that 90 days
- House will rent for $450 to $600 per month
- Loan amount is $50,000 or $417 per month
- Our profit is the spread between the rent and your interest
payment
17. Our Tenants
- We rent to people who are in transition meaning they want to
buy but are currently unable and need some time to improve their
financial situation
- We also rent to long time renters who will never buy
- For Tenants who want to buy we assist them by giving them 12 to
24 months to rent before they buy the house
- We do assist Tenants by introducing them to ourmortgage brokers
who assists them in getting a mortgage
18. How Do We Protect YouThe Investor?
- We collect rent from our Tenants though careful negotiations or
court actions, if needed
- We require a 3% to 5% non-refundable deposit from our
Tenant/Buyers which dramatically reduces non-payment issues
- For monthly rentals we require a months security deposit to
protect both you and us
- We will never default on a loan - We will pay you out of our
pocket, if needed
19. How We SecureYour Private Mortgage
- Promissory Note signed at time of investment by Jacksons
Properties / Rockview Properties, LLC
- A first or second mortgage recorded with the local county
office
- Certificate of insurance naming you asadditional insured
20. How We Protect Your Principal
- 1 stMortgage Program we never borrow more 80% Loan-to-Value (or
Investment-to-Value)
- We typically buy 40% to 60% below market
- We create additional cushion by building in equity by rehabbing
the property ($8,000 to $35,000)
- We find quality Tenants who give us large up front
deposits
- We aggressively manage our properties to make sure tenants pay
on time and maximize the property value
21. GREENVILLE MARKET
- Greenville has not experienced the hyper-home inflation that
has plagued most of the country
- Our home prices are stable
- In 2008, Zillow states that Greenville homes appreciated 12.3%
year-to-year
- In 2008, Realtors state that Greenville homes appreciated 3.4%
year-to-year
22. Appreciation Helps Too!!!!!Price Increase 2000-2009 23. 24.
Presentation Outline
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- Staff, Organization Chart and Web Site
25. Jacksons Properties /Rockview Properties, LLC
- We are a Limited Liability Company
- Two members: My wife and I
- We hold properties both short and long term
- 20+ years of experience home investing
- Currently own 14 properties with about $1.0 million in asset
value
26. Jacksons Properties /Rockview Properties, LLC Who Are
We?
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- Boys 36, 30 Years,Girls 34, 25Years
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- Home Hwy 11, SC Foothills
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- Joe - MBA Candidate Southern Illinois U Quantitative Business
Analysis
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- BA Chaminade University (1975) Finance
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- 20 Years as Financial Manager/Controller
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- Linda - MA Murray State (1978) English
27. Background
- It started in 1977 with the purchase of a residential home in
Southern California.Since that first purchase, we have bought and
sold over 20 single family homes in TN, TX,FL and SC.
- We become a serious real estate investment firm upon our
re-location to theUpstate SC region in 2004
- We have grown to hold over 14 properties worth over $1.0
million
- Our goal is to grow the company to hold and manage a minimum of
25 properties by providing affordable housing to Tenants and 1
sttime homeowners
- We acquire, rehab, and lease or sell residential and, at times,
commercial residential (4+units) real estate
28. Organization Chart President Joe Jackson AcquisitionManager
Joe Jackson Property Manager Linda Jackson Sales Manager Tonia
Crowe AdministrativeAssistant Lindsey Robinson Maintenance Charles
Blocker VIRTUAL TEAM Closing Attorney Appraiser Home Inspector CPA
Banker Investor 29. Our Core Strengths
- We are very focused in a small geographic area (Greenville
County North of I85) andknow the values in our marketmuch better
than the sellers, realtors and, in most cases, our competition
- This extensive knowledge and our private fundinggives us the
leverage to pay cash and drive bargains and profits for us and our
investors
- This advantage is what allows us to pay you the private
investors 6% to 8% versus bank CDs at 2% to 3%
30. Some Rental Properties Listed
- Location # Rentals Monthly $
31. Jacksons Properties /Rockview Properties, LLC Product 32.
Contact Information
- Mailing Address:PO Box 35 Marietta, SC 29661
33. What Other Are Saying In my opinion Joe is professional and
knowledgeable person and I would defiantly recommend him to anyone
Nick W Private Lender Joe always seems to be ahead of the curve,
with the ever changing real estate environment his years of
experience as an investor and property manager are invaluable. His
proven marketing techniques and knowledge provide insight that
demands attention." George DGreenville 34. How Do We Proceed!
- If you would like to earn 6% or 8% starting today please see me
and we can arrange a private one-on-one meeting
- If you have any additional questions please feel free to
ask
35. Questions ???
