Parker's Real Estate Investors
P.R.E. ANALYZER SYSTEM
INVESTOR PRESENTATION
Dear Investor,
Let me thank you for taking the time to read this presentation!
I value your decision whether you decide to invest in properties with me, or not! After carefully reading this presentation, I believe that you will see the value of investing with me, and eventually you will come on board!
Next, let me give you a little information about my businesses, and myself:
Parker’s Real Estate Investors, also known as P.R.E. Investors, is a family operated business founded in 1996 by Robert J. Parker, Sr., as a Sole Proprietorship, and For-Profit company. I also own a nonprofit organization called The Storehouse Center, Inc., which was founded in 2000. Both companies were formed with helping people through real estate investing in mind.
Also, I have a P.R.E Analyzing System! It is through this system that we endeavor to assist Investors in building wealth!
We have no employees. Every family member receives pay by commission, which is a percentage of Robert J. Parker, Sr.’s commission. All investors will receive a pre-negotiated percentage of the profit, from each joint investment.
We are a member of Dun and Bradstreet.
In advance, WELCOME ABOARD!
Robert J. Parker, Sr.
Senior Investor/Paralegal
People are the of heart our business! We care about you!
Have you considered spending money on some kind of real estate money making systems?
Why not consider doing real estate deals with an experienced Investor! This way you will get experience in the industry, before spending any money for a system?
You can start making money right away by purchasing properties with us!
We have a system that I have designed called,
“P.R.E. Analyzer!” We use this system daily to build monthly cash flow, or instant cash, from buying real estate properties!
The P.R.E. Analyzer system has a lot of great features!• It can be used as a business plan!
If it is loaded onto a laptop computer, or printed out, you can make your presentation to a lending company, or to an Investor at any given moment!
After you get familiar with the system, you can easily show an Investor how much money he will spend, and how much money he will profit on any property that you have located, and analyzed!
It makes recruiting Investors a lot easier!
• You can activate four different purchase strategies from the Analyzer page! And they are: Retail, Wholesale, Owner Financing, and Lease with an Option to Purchase!
When a purchase strategy is clicked on, it will make special calculations just for that particular strategy.
It also serves as a exit strategy when click on!
• Once all preliminary information has been entered, it will automatically calculate the amount of money to offer the seller!
• It contains a “Profit and Loss” page that will give the profit amount to be made whether the property is to be Retailed, Wholesaled, Owner Financed, or Leased with an Option to Buy!
• It contains a “Cash Flow” page that will give a snap shot of net cash potential, per month, quarterly and annually, for each previously mentioned exit strategy!
• It contains a “Balance” page that reveals the breakdown of your Assets and Liabilities for the property!
• It contains a “Break Even” page that gives breakdown amounts for fixed and variable expenses for the month, quarterly, and annually!It has a monthly property assumption chart, which is based on actual figures from the present property information. This chart shows the assumed cost, sales, fixed expenses, variable expenses, and the assumed profit per unit!
It also shows the amount of money needed, and number of properties that need to be purchased, per month!
• It contains a “Payment” page that has three amortization charts to automatically figure monthly payments for you and your buyers!There is a “Retail” amortization chart, a “Refinance” amortization chart, and a “Owner Finance” amortization chart!
• It contains a “Payroll” page that will automatically figure your commission pay of the profit, and one other person’s commission also!NOTICE: Investors will not have access to using the P.R.E Analyzer during the joint investment ventures. P.R.E. Investors will make all preliminary analysis free of charge, and you will be given a printout of each analysis. If you desire to purchase the P.R.E. Analyzer at anytime, it will be made available to you at a discounted price. You can continue joint investments with us for as long as you wish!HERE’S A SYNOPSIS OF THE PROCESS:• We will schedule a meeting to discuss the process further in details. I will answer all questions that you may have, and when you decided to invest with us we will sign a contract agreement prior to doing each joint investment.I always recommend that Investors take the contract agreement to a real estate attorney, prior to signing, so that he can give you legal advice. You will need to ask him about doing investments in your personal name, or if you should setup a specific business just for investment purposes.
Also, I recommend that Investors consult with a Certified Public Accountant concerning financial strategies and taxes.
Please don’t ask me for advice concerning these areas because I am not an attorney, and I do not give legal advice.
• Then I will train you and your partner, if you have one, how to locate properties.Training to locate properties will only take a couple of hours, in one day.Investors will receive analyzing documents as a guide in determining a good purchase property.
Investors will have to have at least five free hours per week to locate properties.
Investors will have to fill out, and sign, a contact Investor Application form, which will contain your workable phone number, email address, physical address, and mailing address.
• If you have family members, or friends, who are interested in buying a house, we will gather their purchase information on an application.The Purchase/Lease Option Application contains: If husband and wife
(can be single), both will have to supply Social Security Numbers, Physical Address, Mailing Address, Phone Numbers, Income Amount, and Debt Information. They will have to supply Employment W-2's and Check Stubs, Identification Cards, and sign an Authorization-to-Release Information document.
• Then we will evaluate each person’s information to see which purchase strategy they will qualify for. Purchase strategies are:Retail to homeowner buyers. This strategy is for buyers who can get their own financing from a lending company. This is our first priority of sales.
Owner Financing for homeowner buyers. This strategy is for a buyer who has bad credit, and wish to have Investors finance the property for the full term of loan. This is our second priority of sale.
Lease Option (Rent-to-Own) for homeowner buyers. This strategy is for a buyer who has marginal credit ratings, and who wish to rent for one or two years with the option to buy the property at the end of the lease term.
Wholesale to an Investor. This is a backup strategy to unload the property, for a small profit, if we have to.
Sale the note to an Investor. This is another backup exit strategy we consider before purchasing.
• We will locate properties that fit the purchase criteria outlined in the P.R.E. Analyzer System.Purchase Criteria:We will primarily purchase Single Family Residential properties.
They can be brick houses, frame houses, mobile homes, Jim Walter homes, or modular homes. If the Investor elects to buy Multi-Family homes, we will consider them.
Primary Market areas are Chesterfield County, SC, and Union County, NC at a 35-mile radius from Pageland. Other market areas are welcome as a secondary market area, if you live in, or near, that area.
• Then we will present the property to your family or friends to see which ones are interested in purchasing it.Purchase price range is from $150,000.00 and below.
• When a buyer for the property is selected, he will be notified of our decision, and we will begin our due diligence of gathering concrete information about the property to P.R.E.Analyze.Due Diligence consists of:Contacting a
Certified Contractor to evaluate the repairs needed for renovation.
Contacting an
Appraiser to evaluate the current appraise value, and the after repair value of the property.
Contacting a
Realtor to give us comparable properties sold within the last six months, to give us a better understanding of the Marker Value, and to see if they will be able to sell the property at the after repair value given by the appraiser.
Contacting a
Surveyor to make sure that there are no encroachments.
Contacting a
Termite Inspector to make sure that the house is not infested with bugs, and to treat if necessary.
Contacting an
Attorney to handle closing. Some of the following are included in a Title Search, but we examine them ourselves prior to hiring the Attorney:
Contacting the
Tax Collector Office to see if taxes are current.
Contacting the
Clerk of Court Office to see if any judgment liens, or mechanic liens, are attached to the property.
Contacting the
Light and Water companies to see if the property has unpaid bills attached.
• Then we will make an offer on the property based on our due diligence, and P.R.E Analyzed figures.Minimum requirements to purchase a property are:Retail minimum. Needs to produce 30% gross profit.
Owner Finance minimum. Must produce 30% gross equity from renovation.
Lease Option minimum. Must produce 30% gross equity from renovation.
Wholesale minimum. 30% Investor's profit + 5% our wholesale profit = the 35% minimum criteria.
Every initial offer amount is based on the wholesale minimum criteria of 35%.
If our negotiated offer amount is even to, or below, our purchase strategy, we will close on the deal. If not, we will walk away from the property.
WHAT WILL IT COST?You don’t pay me anything! I get paid a pre-negotiated percentage of the profit made from the property when sold! However, you will need enough cash, or credit, to pay all expenses related to each deal that we do jointly.
At the meeting you will receive two
“Request for an Investor” documents with detailed information on how everything is done.
You will notice that there is a
yellow highlighted percentage on both pages. One document has your profit at 51%, and the other document has your percentage at 40%. The difference is in whomever finances the property. If you want to take the risk of financing the property in your name, you will get 51% of the profit. If we absorb the risk of financing the property, you will get 40% of the profit.
• If the house is sold to one of your family members, or friends, and the they take possession of the property in their name, you will get 55% of the profit. The additional 4% can be use in assisting the new buyer.
• If the property is initially going to be an “Owner Financing” exit strategy, we will predetermine who will take possession of the property. Therefore, 51% of the profit will go to the possessor.
• If we perform a “Lease Option” or “Wholesale” exit strategy, possession can be by either party. Therefore, the percentage of profit will be predetermined.
• The Investor who initially decides to take possession of the property in his name, must be willing to execute any of the exit strategies above.
HOW TO GET STARTED?Contact Robert Sr., at
843-672-2547, or invest4u@shtc.net. Please have a predetermined meeting date and time in mind for us to meet. If it fits my schedule, we will discuss at the meeting, how and when we will get started.
You will receive two Investor Applications, one Purchase or Rental Application, an Authorization to Release Information, and a Venture Contract Agreement at our meeting.
Here are three things that I believe everyone should endeavor to achieve in this life -
Freedom, Money and Salvation!1. Some people have money, but no time to enjoy it.
2. Others have freedom, but no money to enjoy it.
3. Some have both, but no salvation. And one without the other has limited peace!
Here’s three things that you must do to be successful in this industry:
1. P.R.E.PARE yourself by studying my material on an ongoing basis;
2. P.R.E.ANALYZE all properties before purchasing; and,
3. P.R.E.CIPITATE by taking action immediately with force!
Thanks again! See you at the meeting, and Be Blessed!
Robert J. Parker, Sr.
Senior Investor/Paralegal
People are the of heart our business! We care about you!
