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GROWTH & EXPANSION
WHATARE YOUDOING
TOSAVEYOUR RETIREMENT?
AFTER WHOLETAIL REHAB
REALESTATE PASSIVE INCOME HIGHERRETURNS LONGTERMWEALTH
BEFORE WHOLETAIL REHAB
In wholetailing, investors make basic, inexpensive upgrades like brightening up the paint or altering a room’s focal point (like the fireplace here), but do not do a complete renovation.
we market our real estate investing busi- ness. Surround yourself with successful people who are active in real estate, then do not be afraid to get out there and improve those neighborhoods one house at a time. •
are at rehabbing a house, the inspector always has a list of things for us to fix and the lender always takes longer than we expect. If you take the wholetail route, you can count on at least 60 to 90 days to close from the time the contract is signed.Even wholesaling may take you longer than you anticipate, although this is the fastest and lowest-risk option be- cause you are simply assigning a contract to a new buyer. These are just a few examples of how
CONFESSION: Exit strategies are tricky because you must be prepared for the unexpected and cultivate your patience. All investors are tempted to look at the “sunny side” of a timeline, but the process from purchase to cashing your check can take four to six months, at least – even if you work fast! When you get a house under contract, add 45 to 60 days to your projected timeline if you’ll be dealing with financing or if your buyer will be. I don’t care how good we
START TODAY Secure your financial future through a passive income and wealth building investment with a proven track record of success. Enjoy higher returns without the additional risk.
John and Corinne Tesh expanded their thriving HomeVestors franchise into
Jacksonville, Florida, on January 1, 2017. They may be reached at www. citygatehomes.com or John.Tesh@homevestors.com.
thinkrealty . com | 47 This is not an offer to buy or sell any security or interest in the funds offered by Equistream Capital Management, LLC. Any such offer or solicitation may be made only by delivery of the fund’s confidential private offering memorandum and only to accredited investors in jurisdictions where permitted by law. Past performance is not indicative of future results. The information presented in this material is intended for the named addressee(s) only. As this material may contain confidential and/or privileged information, if you are not the intended recipient, you are not authorized to retain, read, copy or disseminate this material or any part of it. Any unauthorized use of this material is strictly prohibited. Equistream Capital is limited to accepting only Accredited Investors with a minimum of $20,000 or more for investment. A partial definition for an Accredited Investor is a natural person whose individual “net worth,” or joint net worth with Client’s spouse, exceeds $1,000,000 excluding the value of the primary residence, or a natural person who had an individual income in excess of $200,000 in each of the two most-recent years or joint income with Client’s spouse in excess of $300,000 in each of those years.
46 | think realty magazine :: october 2017
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