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Tucson Real Estate Investor Networking Club Partnerships September 27, 2016 BY CRAIG BARTON AN AZREIA SUB-GROUP

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Page 1: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

Tucson Real Estate Investor Networking Club

Partnerships

September 27, 2016

BY CRAIG BARTON

AN AZREIA SUB-GROUP

Page 2: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

CRAIG BARTON

* 2004 - 2006 Manufactured Homes (land home packages) * 2007 First Wholesale deal and my first Flip * 2008 Educated on subject to, lease options, owner carry * 2008 - 2011 flipped REO’s took properties with owner carry * 2011 to present work all marketing strategies.

Real Estate Investor

Page 3: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

Partnerships

Page 4: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

Overview:

•  Business Partnerships •  Joint Ventures •  Our experience

Page 5: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

Business Partnership

1.   Marketing 2. Acquisition

3. Finance 4. Project Management 5. Property Management

6. Sales 7. Business Development

Developing your roles:

Page 6: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

Accountability:

1.   Map out "Role" Chart 2.   Be specific not ambiguous. 3.   Weekly Meetings 4.   Web based task management 5.   Communication

Page 7: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

BENEFITS

1.   Volume

2.   Bigger Projects

3.   More contacts

Page 8: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

Structures

•  LLC / Operating agreement

•  Joint Partnership agreement

•  Joint Venture agreements

•  Trust agreements

Page 9: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

Joint Ventures

•  Access capital

•  Reduce Risk

•  Shorten learning curve/ expertise

•  Access to more deals

•  More resourced

Benefits:

Page 10: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

Leveraging Partners Assets

Skills Contacts

Money Staff

Systems Knowledge

Products

Page 11: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

Three Legs of a JV Real Estate Deal

• Deal

• Money

• Rehab

Page 12: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

Implementing a Joint Venture

•  Set Clear Goals •  Roles expected of Partners •  Plan and create an agreement •  Contributions and reward

Page 13: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

2920 E Drachman St

Deal + Rehab + Sale = Craig (50% equity) Complete Funding (no interest) Eric (50% equity)

Money Partner

Page 14: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

9421 E Deer Trail Pl.

Deal + Rehab + Sale = Jim (50% equity) Complete funding (borrowed 15%) = Craig

Page 15: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

1302 N Craycroft Rd.

Deal + Rehab + Management = Craig (75% equity) Money + Refinance = Parvez (25% equity + 50% monthly income) Purchase $55,000 + $25000 rehab Refinance (purchase price $130k-sold to Parvez ) 25% down was giving back to Parvez ) $97,000 balance (+$5000)

Partnership

Page 16: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

1302 N Craycroft Rd.

Sold again $139,900 $9000 down (75%- 25%) $300 cash flow (50/50) Closed 2016 $38,000 profit (75% -25%)

Sold on land contract $135,0000 $25000 down (75% - $25%) $300 Cash Flow (50/50) Buyer lost the home

Page 17: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

3560 S Jester Ct

Deal + Rehab = Contractor Doug (50% equity) Better deal on rehab Funding + sale (borrowed 15%) Craig (50% equity)

Page 18: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

1160 N Corinthian

Deal + legwork (Mark 50% equity) Assessment/Negotiation +Funding + Sales (Craig 50% equity)

PARTNERSHIP PROGRAM ( $2500 deposit +1 year contact)

Page 19: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

Active Partnerships 1. Apprentice requires $2500 deposit from you and is guaranteed back on your first deal; we teach you to find deals, support and close on everything you find splitting profit 50/50 for 1 year. 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50 You find deal and fund 30% of Acquisition price, we fund 70% (borrowed at 15%) and do all the work. 4. Lender We’ll borrow from you on our safe long term cash flowing properties · 6% plus 50% equity (5 years or more) · 8% for long term (5 years or more) · 12% to 15% on short term properties 5. Joint Venture We find property, you fund the whole deal with cash up to 85% LTV we split monthly and/or equity profit.

Go to FlipWithCraig.com to apply.

Page 20: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

BidOnHomeNow.com ASecureInvestor.com FlipWithCraig.com 1EZBuyer.com 1EZSeller.com

Thank you

CRAIG BARTON

Page 21: AN AZREIA SUB-GROUPfiles.meetup.com/11067002/Partnership Powerpoint SEP 27.pdf · 2. Wholesale We’ll buy your wholesale property, cash, lease option, subject to. 3. Split 50/50

BidOnHomeNow.com ASecureInvestor.com FlipWithCraig.com 1EZBuyer.com 1EZSeller.com

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