Hi,
Under Contract for $1.2M, this will start making money as soon as we close on May 8, 2023.
It's a turnkey deal but when given the opportunity to get it for $1.2 I couldn't resist:)
Here is the pitch deck for a new deal in Plantation Fl (near Ft. Lauderdale).
See the link below for the financials of the home. It is currently doing way more than what we estimate at $675 a night.
https://docs.google.com/document/d/1T2LWILHXgWKOTn7wzaSvDT2jQGyIDf4UR3hcxl4JnbA/edit?usp=sharing
This will start making money from the day we own this, all we need to add is a hot tub and a theater room.
Looking to raise $480K. As in past deals, selling a 50% lifetime equity share in the house, 8% preferred return then a 50/50 split. After we do a refi and return investors' money, we remove the 8% preferred return and do 50/50 for as long as we own the home.
With God's help we will be successful!
Jacob Morgenstern
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