For Investors Seeking a Secure 24% Return

Many of you, who have followed my articles and blog posts over the last several years, know that I advocate having the qualities of a chameleon if you are going to succeed in real estate investing. What I mean by this is; that you need to be able to constantly change and adapt to new buying and selling environments, in order to take advantage of the particular set of circumstances in which you find yourself. Every market presents opportunities. Great opportunities. Lucrative opportunities. We, as real estate investors, must simply know how to adapt ourselves and our skill sets in order to take advantage of these opportunities.

For the last several months, I have been purchasing short sales, trustee sales, and REO properties here in Las Vegas and successfully reselling them quickly and profitably to investors.

Here’s my formula:

1. I buy the homes for approximately $10,000 - $25,000 under real, current market value. I am able to do this because I pay cash for the homes and am willing to write hundreds of offers in order to acquire those few “gem” properties.
2. I specialize in the northwest part of Las Vegas and I only purchase homes that were built in 2004 or later. This strategy enables me to be intimately familiar with each neighborhood and be confident in my acquisitions.
3. We have two construction crews who are constantly working and are able to quickly rehab the homes for an average of $1,000 to $5,000.
4. We maintain an active list of lease option tenants who are looking for nice properties in the northwest area. Once we finish rehabbing a property, we are able to rent the homes very quickly to these lease option tenants.
5. Lease option tenants pay higher than market rents, put down large non-refundable lease option deposits, handle their own maintenance issues, and do not require property managment fees. As a result, they are the perfect tenants for investors.
6. Once this process is complete and the lease option tenants are in place, we quickly sell the property to one of my cash investors who are looking for a great return on a turn key, hands off investment. Our investors love the fact that we are currently providing them with properties that average a 12-14% capitalization rate (cap rate.)

I have perfected all the pieces of this process to the point that we are generally in and out of each property in less than 30 days. We are currently averaging a 25 day turn around over the course of our first 20 deals this year.

If you are interested in becoming a funder for one of these flips, your money will generally be tied up for approximately 30 days and will have a guaranteed return of 24% annualized. You will always be in first position with a deed of trust against the property.

I am currently seeking funders with a minimum of $50,000 to invest who are looking for a safe, secured, guaranteed return of at least 24% annualized.

If you are interested, please contact me for more information:
Glenn Plantone
Wynn Realty Group
Office: (702) 656-3264
Mobile: (702) 769-9872
Email: gsplantone@gmail.com

www.viewpointequity.com

Glenn Plantone to Join Wynn Realty Group

We are proud to announce that Glenn Plantone, noted Las Vegas real estate expert and full-time investor and real estate professional has joined the growing team at Wynn Realty Group.

Glenn is a leader in locating and capitalizing on profitable real estate investment opportunities in the Las Vegas area and beyond. He is also the foremost, recognized expert on the MGM Signature Hotel and Condos high rise Strip development. Glenn has been quoted repeatedly by such notable news sources as CNN Money, the Las Vegas Sun Business Journal, the Las Vegas Review Journal, realtor.com and many others. He is also the founder of the Real Estate Insider Club and has welcomed many high-demand keynote speakers to the club including Las Vegas Mayor Oscar Goodman and Than Merrill of A&E’s hit TV show “Flip This House.”

Wynn Realty Group is founded upon hard work and integrity driven service to its clients. Opening an office in October at the “Village at Centennial Springs”, Wynn Realty is poised to continue to make its mark on the Las Vegas real estate market. In addition to welcoming Glenn to the team, Wynn Realty Group is seeking a limited number of real estate professionals who understand that the only way to work is with a 100% commission brokerage. You know who you are. If you are interested in finding out more about this opportunity, please contact Wynn Realty at 702-953-4999 for a private conversation about your future.

If you would like to follow Glenn and his insights on the Las Vegas real estate market, visit his blog at www.vegasforeclosures.blogspot.com

MGM Signature Towers is Offering Fractional Ownership Opportunities For the First Time!

MGM Signature Towers is Offering Fractional Ownership Opportunities For the First Time!

Many of my regular readers know that I have been covering the MGM Signature Towers property for a few years now. I have watched as the project was built and the new units sold for between $480K and over $1 million. I covered the decline of unit values as the bubble burst and prices plummeted to 30% of their original highs. Now, I am excited to offer a first-ever opportunity for the MGM Signature...fractional ownership.

Many of my clients have expressed to me their desire to enjoy the privileges of MGM Signature ownership but have not wanted to pay the $150,000 + price tag (in cash) necessary to acquire a strip-side, balcony unit at today’s new, low prices. In response to this demand, Greg Darroch and I have developed a fractional ownership plan that allows participants to control 30 days (one full month) of ownership in an MGM Signature, strip-side, balcony unit for only $17,995. During the 30 days of owner time, owners can stay at the property themselves, have friends and family come to visit, use the property to entertain business associates, or keep the unit in the rental program and earn nightly income.

We currently have available two side-by-side, connecting studio (junior suite) units, each with a strip side view and a balcony. There are a total of 24 fractional ownership shares available, as we will have 12 ownership shares per unit. Those who are interested can also purchase one share of each unit. Those who choose to do this, will be allowed to secure the same time blocks on both units so that they can use them together when they visit. Each studio unit sleeps 4 people, so having two connecting units provides a sleeping capacity of 8.

We are currently taking reservations for shares of these units. If you are interested, please contact Glenn Plantone for more information.

Glenn Plantone
Wynn Realty Group
Office: (702) 656-3264
Mobile: (702) 769-9872
Email: gsplantone@gmail.com

www.viewpointequity.com