Detroit Webinar

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Information about Detroit Webinar
Investor Relations

Published on March 4, 2014

Author: EagleBridge

Source: slideshare.net

Description

Why Invest In Detroit

Detroit Opportunity How I Discovered Detroit By Accident!

Onsite Visit Up Close & Personal With Detroit! Impressive Neighborhood Unique Building Structure Solid Employment Mid-Class Renters

Opportunity Won’t Last Inventory Goes Fast! Inventory goes fast! You won’t see this pricing next year…

Onsite Visit Up Close & Personal With Detroit! Impressive Neighborhood Solid Employment Mid-Class Renters Expected Yields For 2014 at 30%, Expected Capital Appreciation at 34%

Detroit Housing Rebound • • • • • • • Prices of single family homes are up 17% over the last 12 months Vacancies are now at 3.6% off a high of 8.1% in 2009 Detroit is 4th fourth among the nation's 25 largest cities in terms of housing affordability Detroit as the least expensive cities in the United States to own a home Detroit property is at the most affordable with the lowest pricerent ratio at 6.6, the lowest in the nation Detroit has become the hot spot-Interest has increased by 497%

Markets With The Largest Year-Over-Year Price Increases • Stockton-Lodi, Calif.: +47.3% • Detroit: +41.1% • Santa Barbara-Santa MariaLompoc, Calif.: +29.6% • Las Vegas: +29.3% Forty-two markets nationwide saw double-digit price growth in 2013 compared with 2012. Inventory shortages helped push asking prices higher in many markets.

Detroit Phenomenon Why Property Price So Low But With Such A High Rental Earning ? Because 2.1 Million Lost Their Homes Who Have To Rent Employment Is Up With More Hiring More People Are Moving Back To The City They Once Departed Investors Who Bought These Portfolio A Few Years Back Is Selling For Cash Flow The lack of financing for Detroit real estate pushed it towards a cash only market. This obviously extremely limits the pool of buyers for Detroit real estate. That combined with the high inventory, has dramatically and artificially lowered the value of real estate in Detroit.

Detroit Phenomenon How Come Detroit Renters Can Afford To Pay $700 Monthly But Can’t Afford To Buy The Property For $25,000? Because About 2.1 Million Lost Their Homes Who Have To Rent Their Credit Ruined Banks Are Tight On Lending Local Buying Power Low, Cash Poor • President Obama's administration will provide mortgage money for the home ownership.

Rebuilt Cost Far Exceeds Purchase Price Rebuild costs of these brick houses would exceed $160,000 While most of America's housing stock is timber/frame built houses, Detroit has an abundance of brick houses. Brick houses are expensive to build and most of the brick houses built in Detroit where built between 1920-1950

Detroit Facing Inventory Shortage 1: City Demolition 2: Inventory Shrinking 3: International Buying Spree Buying Hundreds Sight Unseen

Inventory Shortage Drives Housing Price Up • • 10 Metropolitan Statistical Areas (MSAs) with the Greatest Year over Year Inventory Reductions November 2013 vs. November 2012MSANov. 2013 Total ListingsYoY change Santa Barbara-Santa Maria-Lompoc, CA 1,090 - 21.2% Naples, FL 5,682 -16.8% Boulder-Longmont, CO 1,936 -16.0% Honolulu, HI 2,842 -15.2% Orange County, CA 8,464 -14.8% Detroit, MI 16,070 -13.7%

The Negative About Detroit… Detroit’s infrastructure is overbuilt - The city of Detroit currently has an infrastructure to support over one million people. However, Detroit currently has just over 700,000 residents. Detroit is a high crime city - The city of Detroit currently has an infrastructure to support over one million people. However, Detroit currently has just over 700,000 residents. Detroit has highest vacancy rate - the vacancy rate at the metro level as of October 2013 ranges from a low of 3% in San Jose to a high of 19% in Detroit Do Your Own Research To Build Your Own Confidence!

The Benefit Of Buying Developer-Direct • Bulk Discounted Pricing Available. • Your opinion carries more weight, more “Control” • Turnkey Operation. • Non-MLS, Off Market Listings. • After-sale service, long term mentality • Never On Your Own, A Team Work Approach

Network Of Builders Developers Eager to please… – Group Buyers – Chinese Minority-Cash Rich – Experiences with developer projects

Properties With 10 Year Warranty 10 Year Income Warranty - The city of Detroit currently has an infrastructure to support over one million people. However, Detroit currently has just over 700,000 residents. Guaranteed Income At No Less Than 125% for 10 years Maintenance & Repair Covered Many Other Benefits – Free Hotel Stays, Onsite Tours, etc

Risk and Pitfalls… Not All Are Winners!! The Hidden Risk Of Buying Abandoned Houses Which Could Cost Investors Thousands!! Not A Good Bargain!!

Expert Local Detroit Guide One-On-One Consulting, Analysis Report Listen To The Local Expert Who has lived there all his life. He Will Gladly Show You The Way!! Anthony has helped 100s of people on the path to becoming successful real estate investors!!

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