Pre-construction investing in high rise preconstruction condo hotel real estate for real estate investors at pre-construction pricing.
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Pre-construction investing in high rise preconstruction condo hotel real estate for real estate investors at pre-construction pricing.
 

Process and Strategy

  

There are basically six clearly defined steps involved in participation in our preconstruction group:

  1. Register for consideration into the group. There is absolutely no obligation on your part to move forward at this point. Registration is a fact-finding mission for us and for you both as we'll explain in much more detail how we make this unique opportunity work.
     
  2. If there is a match, you'll be pre-qualified as to the extent of your investment and how much you'd like to put into the syndicate.
     
  3. Our group goes out and identifies a situation favorable to the group with a developer. It's possible this developer may be in any part of the United States or even foreign-based. If the deal makes sense to the group, any developer's project will be considered.
     
  4. Once a deal is found, our group will ask you to act for participation into the deal to the amount pledged.
     
  5. One of the following three things happen next:

    A) Your unit is flipped before closing, realizing at least a 40% investment gain to you.
    B) You are called to close on the unit, in which case the 40% gain is built into the price and MUCH MORE. (Closing is rare, but it's a homerun if this happens).
    C) The project gets cancelled, whereby you'll receive a complete refund of your money, plus interest as the funds are kept in interest baring accounts that the developer can never touch.
     
  6. You wait for the next project to come along and repeat steps 3-5 over and over again.
Consult your attorney and/or accountant to fully understand the risk and tax implications of this type of real estate investment. Read, watch, and learn - and don't forget to seek the advice of professionals who live and breathe the marketplace. That's why we're here. 
  
  

  

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RE/MAX Millennium Commercial Properties
3900 S. Hualapai Way
Las Vegas, NV 89147
702-688-6454 Office
253-484-6199 E Fax
  
ATTN: Ron Costa
 

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03/13/2008

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