Investment Partnership Example Deals & Overview Presentation
2258 Lake Ranch Ct - Hall County
$40k Profit in 20 Days
Tax Deed Investment of $200k
Mortgage by CitiMortgage $928k from 2007
Tax Valuation of $329k
My Valuation of Lakehouse: $350k
Purchased Tax Deed on first Tuesday of July 2011 for $200k.
3475 Oak Valley Rd NE #2330, Atlanta GA 30326 - Fulton County
3475 Oak Valley #2330 - 126% Annualized Return
Owned by R Bakare for $272k from 2004
Mortgage by Wells Fargo $218k from 2004
Tax Valuation of $296k
My Valuation of Condo: $200k
Purchased Tax Deed on first Tuesday of August 2009 for $100k.
Return: $20k Profit in 57 Days based on the 20% GA Tax Deed Statutory Return. Annualized Return of 126.32%
Redemption Check from Wells Fargo
229 Ponce De Leon Ave NE Unit #9, Atlanta GA 30308
229 Ponce De Leon Ave NE #9, Atlanta GA 30308
$21,000 Purchase Price - Aug 2009
Condo Unit #9 with a Mortgage on it of $144,200
Redeemed by Ocwen Servicing 76 days later as they were preparing for a Foreclosure.
95% Annualized Return in 76 Days.
Profit $4200
Scenario: Owner or Mortgage Holder didn't pay the 2007 taxes. Owner isn't able to maintain the mortgage and Mortgage Holder starts to Foreclose. Under GA Foreclosure law though you can't foreclose
unless you have full title to the property. Before Ocwen could foreclose they had to redeem our Tax Deed for the GA Statutory 20% Penalty.
226 Long Dr, McDonough GA 30253
226 Long Dr
$51 Purchase Price plus $4k Taxes for 2009. Total Purchase Price of $55k.
Purchased on 12/2009.
Property became owned by investor group on 2/1/2010
Under Contract on 2/11/2010 for $105,500 with All Cash Offer close within 10 days and $5k Earnest Money. Closed on Feb 19, 2010.
Net Profit of $40k in 80 Days for Investment Group - Investors received a 161% annualized return and a 35% absolute return on their investment.
Former Mortgage of $200k by GMAC. Built and sold in 2006 for $200k
Tax Deed Investments are superior to the 1st Mortgages. NEVER forget to pay your taxes - property taxes or income taxes. Government is always going to get their share.
2832 Havenwood Dr
2832 Havenwood Dr, Conyers GA 30094.
$65k purchase price for the Tax Deed.
Purchased on April 6th - Investment Took 36 Days
Absolute Profit of $13,000
Annualized Return of 200%
Payoff Check for 2832 Havenwood Dr
2832 Havenwood Dr - Investment SummaryPictures and Analysis of Investment Deal
2832 Havenwood Dr - Summary.pdf Adobe Acrobat document [421.9 KB]
9764 Sinclair Lane
9764 Sinclair Lane, Jonesboro GA
$42,700 Purchase Price for the Tax Deed
Purchased on February 2, 2010
Investment took 100 Days
Absolute Profit of $8,540
Annualized Return of 72%
200 Glenridge Point Pkwy NE, Atlanta GA 30342
Expected Profit: $20k if paid before June 30, 2010 or $30k thereafter
We purchased the property for $50k and are getting ready to purchase subsequent taxes on the parcel of $50k and we will get a 20% return on all funds expended. If we don't get redeemed within the 1 year time period then our profit will be $30k.
Call Sam at 404-229-8004 to discuss the details of Investing in Tax Deeds in Georgia. This is a secured investment with an anticipated return of at least 20%.
Investment Summary - Tax Deeds in GeorgiaThis is an 11 page Overview of various Tax Deed Investments
Investment Summary - Tax Deeds in Georgi[...] Adobe Acrobat document [3.3 MB]
================================================================
Private Loan ExamplesLink to Pine Barren LoanLink to Skyview LoanPlease call Sam Stinnett at 404.229.8004 or email
Sam@StinnettHoldings.com with any questions.
===================================================================