Entrepreneur of the Week Tali Kaplan # Post6
In the US today we do and accompany Ohio, Cincinnati, Columbus and Dayton.
Cincinnati and Columbus are large, central cities in Ohio. Prices have risen significantly in the last two years so the yield has eroded a bit. Out of thinking and looking at what is happening in the world and this unclear situation, we decided to focus on producing for our investors deals that will know how to produce for them a high return and as positive a cash flow as possible.
In today's situation, who knows when there will be another closure or either a strike or dismissals. Right now generating more income is super critical.
And we got to Dayton, which is right between Cincinnati and Columbus, a smaller city, at nicer prices and making a nicer return. And of course there is all the influx right now of the people who do not want to live in the big cities and also the situation that a lot of workers from home allows people to move and live in the peripheries. Yes, Dayton is a great place to be near / far.
A deal we are now making for an investor.
Step 1. Make him a repayment for some assets he already has
LTV- up to 65% of property value
At an interest rate of 4.25-5.25%, ie it will also have a positive cash flow from the original transactions.
An investor will have over $ 100,000 liquid
The deal we located for him
Duplex in Dayton
Purchase $ 50,000
$ 45,000 renovation
Each side will be rented after renovation at $ 650-700
Which will make our investor a return (after expenses) of 11%.
Money he brought from home - $ 0
So what exactly does the escort include?
- Familiarity with the customers, understanding what they want versus what they can mentally (say the young guy who was not yet due to make a deal in the US and got a fire deal in Nahariya).
Strategic thinking about financing options for a transaction and finding creative financing solutions with an emphasis that we always check that the cash flow will be positive and we will not put any customer into the transaction that the expenses will be greater than the income.
-And of course we help raise the money- if necessary.
-Construction of a business plan where the property will be, how much we will buy and renovate it and what return can be obtained at the end of the process.
- We locate the property, accompany the customer in the purchase of the property (whether it is the opening of an LLC and a bank account in the US or in the country, closing a contract and payment schedule that suits the customer)
- We are renovating the properties.
-And escort ends when the property is rented and generates income.
We can start exploring options for clients with liquid capital of 100,000 NIS.
If you are interested, you are welcome to contact me in private 😁🥳
And if you want to listen to me a little more and get some more interesting content about the world of real estate investing, you are welcome to listen to my podcast "Kaplanist"
Links to listen to the episode:
Google Podcast: https://bit.ly/33vrUyu
Apple Podcast: https://apple.co/3fiRLML
I hope I did not kill you in my week and that you found value and interest in my content and of course if you want to talk to me - the road is paved and simple 😉