The Real Estate Investor's Magazine
Investors - You're Invited to an Exclusive Sponsored Webinar
Join me, Charles C. Sells, CEO of The PIP Group, on Wednesday, June 1st at 6:30 EDT, as I discuss the remarkable opportunities our partners have continued to achieve and some new ones we are beginning to launch next month!
Now that the foreclosure moratorium is gone, inventory is back and we are dominating the auctions every month! It was certainly a struggle to maintain our 16% profit promise during the past two years, but we managed to do so in nearly all circumstances and it is back in place. With auctions back in play, clients are seeing average returns upwards of 24% on flips.
Tax Sales in Georgia pay a 20% penalty upon redemption and have a remarkably short redemption period of 1 year. PIP-Group has not offered Georgia Tax Sale opportunities to its partners in nearly 5 years, due to the lack of inventory. Inventory the last 3 months has been unlike anything we have ever seen and we are back in the game! In March, we bought 6 properties at the sale, of which 3 have already redeemed, paying our partners a whopping 68% annualized return! Don’t want to own property from a tax foreclosure in Georgia? That is fine, as PIP-Group will buy your unredeemed deeds for the 20% penalty, at the end of the redemption period.
Savannah, GA and its surrounding towns had an incredible increase in home values in 2021. Median home values rose more than 28% on average, with some pockets increasing by more than 35% and there is no end in sight! Last week Hyundai announced plans for a $5.5B manufacturing plant, which will bring 8100 new jobs to the area. It is the largest economic development project in Georgia’s history! (Learn more below)
Bryan County, GA has been the fastest growing county in Georgia for the past 6 years. It is also the 6th fastest growing county in the nation, according to the 2020 Census. There also is a high demand for affordable housing in Bryan County, as they are a suburb area of Savannah, GA and have a large military base, Fort Stewart. As a result, PIP-Group has been buying tracts of land for future development in both Bryan and its neighbor, Liberty County. With the news of the Hyundai plant, it is time to develop, as well as acquire candidate properties ahead of the next big surge. We are looking for investors to partner with us to build out a 16 acre tract of land with approximately 65 modular homes. Why modular? We can develop a project like this in under a year with modular, the process is turnkey and unlike traditional stick built homes, modular are just as storm worthy and cost about 40% less.
Join me LIVE this week as I educate and familiarize you with these fantastic opportunities. If you are unable to attend, register anyhow! We will record the presentation and provide it to all registrants the following day.
Want one on one with us ahead of the presentation?
Call us: 877-335-2529
You are invited to a Zoom meeting.
When: Jun 1, 2022 06:30 PM Eastern Time (US and Canada)
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The post ALTA Good Deeds Foundation Awards $126,000 to Support 21 Local Nonprofits Nationwide first appeared on Realty411.com.
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