Are we Crazy?

Someone asked me if I was crazy today for a posting I placed on our local Real Estate Investment Group Website. They were referring to a investment property I have for sale in Memphis. The property will be a true turn key investment property. I posted that the price was 48750.00 with an After Repair Value of 85k to 90k. It is a 3 bedroom 2 bath situated in a quiet cove. I offered guaranteed rent of 900 a month and no maintenance for 1 year. Ok, I just posted that I guarantee 10800.00 for the first year. Has anyone seen an offer that good at less than 60 cents on the dollar? You asking how can I do this. Well, the fact is that The Uptown Group is not just a wholesaler, not just a rehabber, not just about financing, not just about consulting and not just about property management. We do all of the above. What this does is create accountability. We are accountable to you every step of the way. Our product is superior. We do not over promise and we do not over inflate our numbers..period. I have to fit in one more, "not just about" so here goes. The Uptown Group is not just a about profit...we are about creating successful real estate investors. Please email us today for more info at info@theuptowngroup.com.

Why The Uptown Group?

I received an email on Saturday from our VP of Sales that asked me to talk to a potential investor about the Memphis Market. I called this investor who lives in New Jersey to tell him about the Uptown Philosophy and why he should do business with us. He told me that he had talked with several "wholesalers" from the area and he wanted me to separate us from our competitors. The first thing I told him was that we are a full service real estate investment firm. Unlike other so called "full service real estate investment firms," every aspect of your real estate investment experience is in our hands. We handle the acquisition, financing, rehab, consulting and leasing and management of your investment property. Most of our competitors handle only one of the preceding tasks. If they sell you a property and they claim the after repair value is 95000 and it appraises for 65000, they don't care...they sold you the property...they made their money and they do not have to deal with the consequences of their inflated numbers. The Uptown Group actually loans you the money for the purchase and rehab of your property based off the ARV. Why would we inflate this number and create a situation were you are upside down on your property? Guess what...If this situation occurs we do not get our money back in a timely matter. Think about it...would you loan money to someone if you new your collateral was insufficient? Our financial analysis sheets have ARV, rent range, maintenance numbers, vacancy numbers and expected cash flow. If we inflate any of these numbers "to make a sale" we are shooting ourselves in the foot. Who lent the money, who has to do the rehab, who has to rent the property and who writes you your net rental checks at the end of the month...the answer is The Uptown Group. Doesn't that make you feel a little more comfortable knowing that we are accountable to you in every aspect of your investment. We pass the buck to no one....it is on us. Email us today at info@theuptowngroup.com for free real estate investment consulting. After a brief explanation of "our way," our New Jersey client committed to one of our properties and we look forward to serving him!