Norman Nelson & Associates makes it very easy to purchase investment properties; however, building a real estate portfolio still takes time, energy, sound decision making and a great plan.
For investors who plan on purchasing 3-10 properties right away, I have developed The Millionaire Club, an exclusive program for Serious Investors who may be too busy to develop a real estate plan, research areas, or may just want the 1-on-1 mentoring to take care of the entire selection, purchasing and closing process.
Millionaire Club Investors work directly with me to create a real estate strategy, purchase 3-10 properties and get set up for a real estate business.
Millionaire Club Membership includes:
- Initial 2 hour session with Norman Nelson to create a real estate investment strategy.
- I will investigate areas and hand-select investment properties which meet your investment plans.
- I will confirm the rental market with the local property manager and prepares cash flow analysis.
- Together we’ll meet to review the property selections and choose the best properties which meet your goals.
- Along with your lender, we’ll determine the best loan strategy and lending program for each property.
- I will coordinate with the loan officer in getting you all disclosures and closing documentation. As needed, I’ll explain the documents and assist you in all closing requirements from lender and real estate agent. I will provide a notary and sign loan documents at our office, your home or a convenient location.
- I will work with your property manager to get you set up with a Management Agreement and ensure that your properties are rent-ready.
- As needed, I’ll arrange a series of meetings with certain affiliates in determining the best plan to manage your taxes, business entity and estate plan.
- As your 1-on-1 mentor, I will work with you through the entire purchasing process for the number of desired properties until all properties have closed and rented.
If you are interested in the Millionaire Club, please complete the Millionaire Club Profile. Your profile will be reviewed and if you match our qualifications, we will set up an initial conference to review the program and your specific real estate goals.
Millionaire Club Membership: ONLY $1000 per Property
If you wish to purchase:
| 3 properties | $2,500 |
| 5 properties | $4,500 |
| 7 properties | $6,000 |
| 10 properties | $8,000 |
Our Investment Strategy
- Purchase 3 bed/2 ba Single Family Home, Townhouse, or Condo in excellent yuppie areas – “Starbucks communities”
- Strong economic area
- Low rental vacancy
- High appreciation
- Excellent property management
- Buy and hold
Cash Flow Strategies
Strategy on the Loan (s) – Raising rents every year or so to cover the new payment
Cash-out Refinance
- Buy income properties
- Use the money to live on
- Pay off mortgages on other investment property
HELOC
- Buy income properties
Choosing Areas
Why does this area appeal to you?
- Place you like or want to vacation
- Family/friends in the area
- High appreciation
- Cash Flow
Why Buy New Homes?
- New Homes are Nicer
- No Fix-Up Costs Now or In the Near Future
- Rent for More Better Cash Flow
- More energy efficient
- Rent easier and faster
Choosing Your Properties… How We Select Each City
- Rent-ability and vacancy factor
- Appreciation
- Available Property Management
- Schools/Universities
- Location
- Low Crime Rate
- Job availability/growth rate
- Cash Flow
- Major Employers
Creating a Balanced Portfolio… Balance with High Appreciation Properties
- Purchase 1-2 properties in high appreciation areas
- Appreciation = 5%+
- Purchase Price => $ 160,000
- Put 5— 10% down
- Get a 5-year interest only loan
- Property may have some negative cash flow ($100 -$300)
Buy Appreciation vs. Cash Flow
- Purchase $150,000 property with 5-10% down in good appreciating area.
- Cash-out refinance: take out $30k-$50k tax-free
Creating a Balanced Portfolio
- Start with Cash Flow Properties
- Purchase 1-2 properties in “stable” and growing areas
- Appreciation = 5-10%
- Purchase Price =<$140,000
- Put 5-10%down
- Get a 30 year fixed rate loan
- Property may have some cash flow ($100 – $200)
Buy and Hold
|
Down Payment
|
Purchase Price
|
Appreciation
|
Value after
3 years |
Value after
5 years |
|
$12,000
|
$100,000
|
3%
|
$109,000
|
$115,000
|
|
$17,000
|
$140,000
|
3%
|
$144,200
|
$151,200
|
|
$20,000
|
$175,000
|
4%
|
$182,000
|
$190,750
|
|
$24,000
|
$200,000
|
5%
|
$206,000
|
$210,000
|
|
$27,000
|
$240,000
|
5%
|
$252,000
|
$264,000
|
|
Total = $100,000
|
Total = $855,000
|
3.4%
|
$893,200
|
$930,950
|
|
Equity
|
$38,200
|
$75,950
|
Millionaire Club Summary:
- We discuss your goals and dreams, and create an action plan to fulfill on them.
- We pick a property or properties for you to check out, or direct you to the proper lenders, brokers, or property managers to assist you with your needs.
- You pay a monthly or yearly fee for our services.
- I monitor your progress by email, fax and phone.
- You are welcome to contact us at any time with your questions, concerns or need for training or motivation.
- I help you acquire the property, close the deal, and find tenants to fill your homes or condos.
- I assist you in diversifying your investment portfolio, helping you to maximize your investment dollars.
- When it’s time to cash out, I can help you find a buyer and ensure maximum profit on the deal.
- In my 20 years of real estate investing and mentoring experience, I have helped many professional investors find the best deals in the best area with the best investment potential.
- I can show you how to do the same, to expand and diversify your portfolio and maximize your assets.
- I can teach you the secrets of Smart Real Estate Investing.
Norman L. Nelson
Certified Real Estate Mentor
Call (562) 412-2920
Email: nnelson104@aol.com
Real Estate Broker, Owner, Notary Public
Nelson and Associates Realtors
Showing You How to Build True Wealth, Create Financial Freedom Through Real Estate
