Atlanta is PRO Business • KPMG Ranks Atlanta as: • Number 1 for Business • Least Expensive Large City To Do Business !! • Top Traffic Airport in U.S. • 8,008,263 people moved through Atlanta Hartsfield Jackson International Airport in the month of August 2009 alone! YTD total through August 2009 = 59,599,455 ! KPMG Competitive Study, 2008 Atlanta Hartsfield Jackson International Airport website Oct 2009.
Atlanta is Attractive • 5.7 Million People • 138,000 Businesses • Businesses come to Atlanta for transportation and the Low Cost of Labor. • People come to Atlanta to Enjoy the Low Cost of Living and the Abundance of Jobs • Housing Demand is Rebounding Rapidly as our Economy is One of the Leaders in the Recovery Atlanta Chamber of Commerce, February 2009
National Ranking Atlanta Ranks Third in the US for Number of Fortune 500 companies 11. Delta Airlines 25. The Home Depot 43. UPS 116. Coca-Cola Enterprises 149. Southern Company 211. SunTrust Banks 247. Genuine Parts 306. AGCO 387. Newell-Rubbermaid 486. Asbury Automotive Groups
Population and Employment Atlanta Regional Commission, November 2006
Growth Going Everywhere Growth Sphere Spans 80 Miles Across Atlanta Regional Commission, November 2006
General Selection Criteria • Single-Family • Located in Suburbs of the Metro-Atlanta area • Located in areas with solid growth and desirable school districts • We select homes with an eye for appreciating areas and ease of rental • Exceptional pricing
Investment Opportunities • Rehabbed REO Properties – Rent Ready Available at Prices Under $100,000 • Discounted New Construction • Exclusive Interest Only Programs • Easy Qualifying / No Restriction on the Number of Loans • Foreign National loans available • Investor Bulk REO w/ Private Owner Financing • 10% Down • Not credit score driven • No limit on number of Loans • Can be purchased in LLC or entity • Foreign National loans available
Property is Already Rehabbed w/ Fresh paint, Carpet, Blinds • Prices range from $50,000-$100,000 • Cash Flows from $350 - $700 per month • Options for Purchase Include • Cash, Conventional Financing, Self directed IRA, or Non-recourse loan REOs Rehabbed and Rent Ready
Discount New Construction • Local community bank selling inventory • Desirable Neighborhoods and Schools • Discounted to ~ 70% of Prior Market Value • Bank Holds Paper & Makes All Decisions • No Restriction on the Number of Loans You Have • Foreign Nationals are Fully Eligible
Investor Bulk REOwith Private Owner Financing • Single Family and Condos • Investor Buys Bulk to Get Large Discount and Then Sells Directly to You • You Will Be Buying Below Market With Strategy of Holding for Rental • NO CREDIT WILL BE TURNED DOWN • Down Payments Range From 10-20% Sign Up at Our Table For Notice of Inventory… Expected in 45-60 Days.
Prime Time to Invest in Atlanta • The MLS and FMLS Absorption Rate indicates that the value rebound in the Atlanta Metro market has begun. • The first time homebuyer tax credit has created a multiple offer situation on properties in the < $150,000 price range. • The Rental Market remains strong with lower vacancy and multiple applications per property