James was a guest on the Unstoppable REI podcast hosted by Rufus Thibodeau.
Rufus is an experienced investor and recently connected with us through a network of large Facebook group administrators.
More Profit - Less Risk
James was a guest on the Unstoppable REI podcast hosted by Rufus Thibodeau.
Rufus is an experienced investor and recently connected with us through a network of large Facebook group administrators.
James was a guest on the Wealth Watchers podcast hosted by Justin Hoggatt and Adam Lendi.
Justin and Adam focus on buying RV parks but were interested in the Hybrid model. It was a fun interview!
To listen go directly to the Wealth Watchers page and search for Episode (21. Lease to Own Opportunities w/ James Brown) or listen on Apple Podcasts.
James was a guest on the Thunder From Down Under podcast with host Graham Solomon.
Graham is from Australia and was keen to learn how his foreign investors can significantly reduce the downsides of investing from outside the US using the Hybrid model. They have traditional rentals and feel the pain of dealing with regular renters and unreliable/inconsistent property management companies.
Toby and James were guests on the Secret Sauce For Success podcast with hosts Rick Staael and Doug Kiersteinand. They talked about the Hybrid investing model…of course!
It was recorded Feb 11, 2022. Search for episode “#21 SSfS with Real Home Solutions”
It can be streamed from Anchor.fm or directly on Apple Podcasts
James is a featured contributor to the 2021 Guide to Colorado Real Estate Investing Strategies book. In it he writes about Hybrid investing, creative deal structuring, Nomad investing and helping people as a licensed Realtor.
If you’d like to read it and the other strategies, click here to order from Amazon for $7.99.
If you have heard about Turnkey investing and are curious how it stacks up to Hybrid, check out the post we wrote about it on BiggerPockets.com. Click here
BiggerPockets.com is the go-to community for real estate investing education, tools, deals and networking. The BiggerPockets podcast is how James got his start in learning about investing.
Hybrid Real Estate Investing – company page Click Here
We’ve had the privilege of writing a post about Hybrid investing on BiggerPockets.com. Click here to check out the post.
BiggerPockets.com is the go-to community for real estate investing education, tools, deals and networking. The BiggerPockets podcast is how James got his start in learning about investing.
Hybrid Real Estate Investing – company page Click Here
Follow us on BiggerPockets.com – the go-to community for real estate investing education, tools, deals and networking.
Hybrid Real Estate Investing – company page Click Here
James’ Profile Click Here
Toby’s Profile Click Here
We were able to negotiate a very attractive Contract Price for this 61 Home Portfolio – $2,234,320. The current BPO comes with a value of $4,364,152.
We are looking for a private lender to invest $300k or up to three lenders with $100k each. We are paying 10% interest plus equity. Investor(s) would get their investment back after two years and retain a 2% equity and cash flow position per $100k invested.
The Current Ratio of Cash Flow to Purchase Price from day one is 16.5%. After Stabilization, it will be 35.1%.
The rent hasn’t been raised for 3 years. Our local management company has confirmed after due diligence and Inspection that:
Muncie is rated as the most affordable market out of 400+ Metro Areas and we already have a great management team in place.
Recorded overview: https://www.dropbox.com/s/4j2ysmqq67zxb9d/video3425241897.mp4
Below are the portfolio details:
https://docs.google.com/spreadsheets/d/13tTKLC4uN_qwdsSfhzbOS8P2qp_HCoexGnCnHM3LT9I/edit?usp=sharing
Rehab/Upgrade Cost & Schedule:
The total cost of Rehab/Upgrade for the portfolio is $422,957 or an average of $6,934 per house. Rehab of 5 or more houses per month initially, adding more rehabs incrementally such that the repair/upgrade process will take ~ 8-10 months.
Cost-Effective Insurance Policy:
We agreed with our management Co & their Insurance Co to use their Umbrella Policy, under which they already have 2,300+ apartments & houses for many years. We are able to add any houses as a rider at any time to this policy. The rough formula for this insurance is: Coverage amount x .0065 bps → meaning $75k of coverage runs $487.50 per year. This insurance will be billed monthly. See the insurance cost using this estimation in the above link.
Please schedule a call with our team ASAP to discuss acquiring this deal. Our deals usually go pretty quick, so please schedule with us now if you’re interested.
Book a call with me at -> https://hybridrealestateinvesting.com/call
Check out this fantastic 4 bedroom, 2 bath home on a full acre on a paved road, close to all the main thoroughfares. Just a couple miles to Hwy 388 – East will take you to Hwy 231 – West will take you to Hwy 77 and the airport – South will take you back toward Star Ave & TAFB. Perfect for commuters, contractors, or anyone wanting to be out but still convenient!
This 16×76, 1997 manufactured home has been renovated and has new kitchen cabinets and fresh flooring. The HVAC was just serviced and is neat and clean. The split bedroom plan originally was a 3 bedroom with an office – which doesn’t have a closet, but sellers are willing to leave an armoire if the buyer intends to utilize it as a bedroom! Don’t miss your chance to own this lovely, affordable home! (Property subject to change)
The buyers have good income and good credit but the lender says that they need to continue to use their LLC bank account for one full year in order to qualify. That will allow them a bank statement loan with 10% down plus closing costs and 6 months’ reserves for mortgage payments.
Our Story,
We appreciate your consideration in helping us achieve our long-time dream of purchasing a home. Owning our own home has been a dream of ours for several years. In the past, no established credit, and credit in need of repair, has kept us from being able to get a mortgage loan. We have a stellar rental history, we have never been late with our rent since 2015.
Unfortunately, perfect rental history is not the deciding factor for a mortgage loan. We have worked diligently to get our scores where they need to be, including paying off credit card debt, only to be let down time and time again. Our scores would be a few points short, then we would get the scores right, then the income would not be enough because of the way we did our taxes (unintentional, just ignorant to the proper way).
We started our family painting business in FL in 2015. In the past year, we have established an LLC, opened a business checking account, hired an accountant, and are using Quickbooks to track and manage our business. Our dream is to grow our business and become a permanent fixture here in Bay County, with a solid reputation. One day we want to be able to turn the business over to our son, and then our Grandson. We want a place to call our own more than anything we have ever wanted. We had just about given up when we met our real estate agent Erik, and we suddenly have hope again.
We just want a place to plant our roots, and have something to be proud of to call our own and take pride in, something to hand down to our kids and grandkids when we are gone. If there was one thing we could wish for besides the health and well-being of our family, it would be to FINALLY own our own home.
Thank you for your consideration,
Bobby & Jaime Montgomery
Money from Tenant-Buyer: $15,000 NET amount from Investor: $19,000 | BUY: $130,000 SELL: $146,000 |
Cash Flow: $500/mo ROI: 96% / IRR: 64% | TERM: 2 years PROFIT: $18,000 |
The Hybrid REI Model Gives Real Estate Investors What They Really Want!
Please schedule a call with our team ASAP to discuss acquiring this deal. Our deals usually go pretty quick, so please schedule with us now if you’re interested.
Book a call with me at -> https://hybridrealestateinvesting.com/call or fill out the form below and we’ll be in touch.
Who else do you know that might like to passively earn a double-digit return with income producing real estate? With our “Investor Referral Program” you get a $1,000 referral bonus – And you get that for every deal they do with us, not just the first one!