WadeFenner
Inspired Forum Member
- Joined
- Nov 7, 2007
- Messages
- 148
Nothing Sexy........ Just a Good Solid InvestmentAnd A Reputation You Can Stand By....What Are You Looking For?[*]Are you looking to invest in Edmonton, the #1 city in Alberta to invest in, but would prefer to not have to do any work?[*]Are you looking for a Joint Venture Partner with years of experience?[*]Are you looking for a Joint Venture Partner who will take care of every detail?[*]Are you looking for a Joint Venture Partner who you can trust to take care of your investment?With 13 years as a paying R.E.I.N. member and more than 110 purchases under my belt I know I can give you what you`re looking for?
What I`m Looking To Do
I`m looking to joint venture on quality properties in Edmonton with a 50-50 split on all profits.
The Basics Will Look Like This
The arrangement will look like a typical R.E.I.N. joint venture with one person putting up a limited amount of cash, The Armchair Investor, and the person, The Real Estate Expert, providing the day to day expertise required to manage the investment including all aspects of the physical property and all associated maintenance & paperwork.
An Armchair Investor working with a Real Estate Expert.
My approach to this type of arrangement is a little different than some other investors. Instead of trying to convince a new potential partner to get involved with me and a hypothetical property I have yet to buy I prefer to show my new joint venture partner a Turn Key Investment.
A property which has already been purchased, updated, and occupied by a quality tenant.
This way there is no "unknowns" left out of the picture.
The Deal Itself
In its simplest form....
What Investments Are Available Right Now?
Right now I have five properties needing a joint venture partner, The property values range from $240,000 to $340,000 and so the cash required from you (20% of value) would range from $48,000 to $68,000. These properties are currently tenant occupied.
In Closing
It would be possible for me to ramble on here for pages but I won`t. If you`re interested in learning more about the properties and the joint venture arrangement please contact me by way of a private message, email, or phone.
A private message or email might be best for now vs the phone.
Please compile a list of questionsyou may have then email them to me and I`ll get back to you asap.
[email protected] (780) 450-1595
Thank-you,
Wade Fenner
What I`m Looking To Do
I`m looking to joint venture on quality properties in Edmonton with a 50-50 split on all profits.
The Basics Will Look Like This
The arrangement will look like a typical R.E.I.N. joint venture with one person putting up a limited amount of cash, The Armchair Investor, and the person, The Real Estate Expert, providing the day to day expertise required to manage the investment including all aspects of the physical property and all associated maintenance & paperwork.
An Armchair Investor working with a Real Estate Expert.
My approach to this type of arrangement is a little different than some other investors. Instead of trying to convince a new potential partner to get involved with me and a hypothetical property I have yet to buy I prefer to show my new joint venture partner a Turn Key Investment.
A property which has already been purchased, updated, and occupied by a quality tenant.
This way there is no "unknowns" left out of the picture.
The Deal Itself
In its simplest form....
- You put up a 20-25% down payment in to the deal plus a five thousand dollar contingency fund & no other closing costs etc. other than your own accounting or legal advice We split the future upside 50 - 50
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I take care of all the work
- You play like a farmer in the winter time....... Just sit back and relax
What Investments Are Available Right Now?
Right now I have five properties needing a joint venture partner, The property values range from $240,000 to $340,000 and so the cash required from you (20% of value) would range from $48,000 to $68,000. These properties are currently tenant occupied.
In Closing
It would be possible for me to ramble on here for pages but I won`t. If you`re interested in learning more about the properties and the joint venture arrangement please contact me by way of a private message, email, or phone.
A private message or email might be best for now vs the phone.
Please compile a list of questionsyou may have then email them to me and I`ll get back to you asap.
[email protected] (780) 450-1595
Thank-you,
Wade Fenner
- 13 Year Member of R.E.I.N.
- Diamond Member (100 or More Real Estate Deals Transacted) 5 Time Top Ten Award Winner Player of the Year Award Winner