RDH Property Investment Brochure

Page 1

FROM AED

399,000 DETACHED VILLAS

t

n e m n er

d e k c e m a o b c

Gov “THIS IS NOW THE GREATEST TIME, MAYBE EVER, MAYBE IN HISTORY TO BUY A HOUSE (IN THE USA)” BILLIONAIRE DONALD TRUMP ON ‘LARRY KING’ – 18TH MARCH 2009

l in 7% a t n re ver 1 o

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FOR LESS THAN THE COST OF AN AVERAGE DUBAI STUDIO YOU CAN OWN OUTRIGHT A HIGH RETURN, 3/4 BEDROOM FREEHOLD DETACHED VILLA.

ALL PICTURES USED IN THIS BROCHURE ARE GENUINE.


100% FREEHOLD VILLAS IN THE CITY OF LIGHTS


INVEST IN THE MOST PROFITABLE HOUSING MARKET IN THE WORLD. For less than the cost of an average DUBAI STUDIO you can own outright a high return, 3/4 Bedroom freehold detached villa. USA provides an unique hands free investment opportunity to generate gross annual returns of 47%, on an investment of only AED 399,000. Invest today and benefit from low prices. Rental income is backed by the USA government and the property is fully and professionally managed.

DETACHED VILLAS

EARN ANNUALLY

FROM ONLY

RENTAL INCOME

AED 399,000 AED 67,830

*


50% RETURN 17% RENT PLUS 33% CAPITAL GROWTH

*


INVESTMENT OVERVIEW The USA has been the only world superpower for almost thirty years now and in the last year, the world has watched as it began to stumble due to the credit crunch. This has had a huge affect on the USA and has cost millions of jobs and many blue chip companies have needed billions in rescue aid. This has led to an unprecedented number of people being repossessed, with few Americans wanting to invest in the market. This has led to unbelievable bargains to be had for the savvy investor, with some properties around 70-90% below market value! However, anyone who thinks that the USA is losing its shine is mistaken. With the election of Barack Obama, there is a new sense of confidence from the American people and as we have seen before, the USA can and will reinvent itself and continue to take the main role on the world stage in terms of raw economic might.

CITY ON WATER’S EDGE


17% RENT

GUARANTEED*

33% CAPITAL GROWTH*

THIS IS AN ETHICAL INVESTMENT OPPORTUNITY THAT ‘RECYCLES’ HOUSES, TURNING REPOSSESSED AND UNINHABITABLE HOUSES IN THE USA INTO REFURBISHED, CLEAN, SAFE HOMES FOR EMPLOYED - LOW INCOME FAMILIES. THIS PROVIDES A MUCH REQUIRED SERVICE TO A REGION STRUGGLING WITH A SHORTAGE OF 30,000 RENTAL HOMES.


INVESTMENT OVERVIEW The economic plans are being put into motion right now, but there is still a limited time to take advantage of this “once in a lifetime opportunity� to cash in on these excellent deals. We have carefully monitored the US economy and property market for some time and we feel that the right time to invest for pure profit on a huge scale is now, and the place, Motor City. We have chosen Motor City because there are billions of USA dollars flowing into this city and at the same time huge untapped demand for quality accommodation. With many USA investors not having confidence in the market to buy, it means investors like you can truly take advantage of the high demand for good quality rental property – at prices less than it cost to build the properties!


UNLIKE MANY OTHER COMPANIES SELLING PROPERTY IN MOTOR CITY, THIS OPPORTUNITY IS PROVIDED BY A QUALITY OPERATION IN THE CITY WITH PROPERTY EXPERTS SELECTING PROPERTIES IN THE RIGHT AREA, ROBERT DOUGLAS HOLDINGS LLC REFURBISHING YOUR ASSET, AN ESTABLISHED MANAGEMENT COMPANY TO LOOK AFTER YOUR INVESTMENT AND USA GOVERNMENT TO BACK YOUR RENTAL INCOME.


ROBERT DOUGLAS HOLDINGS INVESTMENTS Robert Douglas Holdings LLC are pleased to offer to our CUSTOMERS high RETURNS, high quality, below market value properties, which are an excellent hands-free investment opportunity in the USA. Located in the upper Eastern portion of the United States near the Great Lakes. Property can be acquired at very low prices, with rental yields at over 20%. Along with the high rental demand, Government backed rental income and full, professional management, USA is an ideal property investment.


LUXURY USA VILLAS

FOR LESS THAN THE PRICE OF AN “AVERAGE DUBAI STUDIO”


MOTOR CITY PROPERTY INVESTMENT Robert Douglas Holdings LLC are working in Motor City with local property experts, the city housing department and property management professionals, on an investment opportunity to ‘recycle’ and refurbish foreclosed (repossessed) properties. We are focusing on Motor City because there is an acute shortage of affordable housing for rent. We offer you, the investor, the benefit of a ‘hands free’ investment as the properties are all professionally managed by our management company who have been operating in Motor City since 1980.


Credibility • USA Government backed rentals HUD scheme operating since 1937. • Robert Douglas Holdings LLC handle refurbishment of property. • Motor City officials working in partnership on this opportunity.

Ease of Purchase • Invest from only AED 399,000 cash plus AED 9000 buying costs. • Simple reservation and purchase procedure. • UK, USA and Dubai based administration office to handle paperwork. • Hands free -- Refurbishment is project managed. -- Licenses obtained. -- Tenants placed. -- Rent Collected.

Security • Funds deposited in Dubai local LLC company account. • Purchase under RERA registered Dubai real estate company. • Rent payments issued by local LLC Dubai company.

Exit Strategy • Re-sell in 3 years at agreed price on ‘Lease to Own’ – ROI 150%. • Hold for long term – net rental income pays back the initial purchase price after 5 years. • Re-finance based on the appraised market value to withdraw capital and reinvest.


100% COMPLETED PROPERTIES, READY TO BE RENTED “THIS IS NOW THE GREATEST TIME, MAYBE EVER – MAYBE IN HISTORY TO BUY A HOUSE (IN THE USA)” Billionaire

Donald Trump on ‘Larry King’, 18th March 2009


50L% OW

BE KET MAR E U VAL

MARKET VALUE BASED ON INDEPENDENT APPRAISALS SECURE GOVERNMENT BACKED RENTALS

17% GROSS ANNUAL YIELD


WHY MOTOR CITY? “We are focusing on Motor City because there is an acute shortage of affordable housing for rent.� Robert Douglas Holdings LLC American partners. Due to a previous lack of funding, population shift from the metro area to the sprawling suburbs, local government corruption and re-structuring of the automobile industry, the last four decades have seen a negative affect on the real estate industry in the City. The recent economic downturn in the USA as a whole had further exacerbated the situation until relatively recently. However, Motor City is fighting back.


We

see 2009 as the right time to invest in because:

Motor City

Economic and Political • Local government corruption has been eradicated by Motor City Board of Review as a part of departmental overhaul. • Huge collaboration of City officials, business leaders. • Politician are now driving through change in Motor City and seeking to out families back into previously disused accommodation. This in turn will increase the city’s tax base. • President Barack Obama’s pledge to support the regenerate Motor City (American Recovery and Reinvestment Act of 2009). • Large research and development industry is thriving.


GOVERNMENT BACKED RENTALS THE HUD PROGRAM

ONE STRIKE — YOU’RE OUT!

HOW RENT IS PAID

The HUD program has a ‘one strike’ policy. Unlike the UK and other parts of Europe

The Government, through HUD pays the Tenant’s percentage of the rent, which is normally

where unruly tenants just seem to get re-housed; this does not happen in the USA under

80% to 100%, directly to the owner’s management company. Additional amounts collected

HUD and HCV.

from each Tenant will also go into the client account.

Tenants that are evicted from a HUD home lose any future right to join a HUD or HCV

Tenant Demand

program anywhere in the USA, for life – thereby securing your investment property. That also goes for any other occupants in the property above the age of 18, which ensures that Tenants do not abuse the property and treat it like their own home. This stance has resulted in an extremely low percentage of evictions and higher quality tenants. HUD conduct annual inspections of all properties within the program before they reissue guarantee vouchers.

Housing Association Vouchers Currently, the Motor City has a waiting list of more than 9,200 pre-approved families

Currently the Motor City Housing Associations are looking to provide as many HUD homes as possible. As mentioned, there are over 30,000 people within the area needing rental accommodation. The figures in the Motor City area are as follows: 1. HUD Housing Choice Voucher Waiting List 9176 2. Extremely Low Income 7,764 3. Families with Children 8,345 4. Elderly Families 632 5. Families with Disabilities 896

with Housing Choice Vouchers (HCV) who are currently in unsuitable, emergency or temporary accommodation; some simply cannot find a suitable home. Throughout Wayne and Oakland county (which form large parts of Motor City) there are 37 HUD approved and funded authorities with over 30,000 people waiting to rent suitable homes.

Further, if we think there is a problem and the property is being mistreated in some way, the tenant will have 30 days to rectify the issue. At this point, if there is still a failure by the tenant to comply, the HUD authorities are then notified and brought in. This also includes non-payment of any top up rents required. By the nature and set up of

JOIN THE GROWING NUMBER OF BUYERS WHO RECOGNISE THAT THERE IS NO SUBSTITUTE FOR EXPERIENCE.

the program and the continued inspections from Management Systems, your investment is monitored closely, thus ensuring peace of mind to an out of state or overseas investor.

Security of Purchase We have performed due diligence on this project, the team behind it and the buying procedures involved.


Our checks have included • Touring the city with property experts who select the houses and understand the selection criteria. • Meeting the Chairman of the City of Motor City Board of Review to understand the economics and processes behind Motor City’s urban planning, HUD scheme, regeneration and property fundamentals.

We have checked the following: • Land ownership and title • Management company contract • Sales contract • Details of UK SOLICITOR escrow account

GOVERNMENT BACKED RENTALS (HUD PROGRAM)


RDH ADVANTAGE Founded in 2004 Robert Douglas Holdings LLC was set up to help the discerning investor to make informed investments across various market sectors worldwide. Our main focus is international property investment, but as each opportunity is unique, we believe that research and knowledge is everything. It is why we apply a stringent set of principles when scrutinising each investment opportunity.


FREQUENTLY ASKED QUESTIONS 1. Is it better to have a tenant on Section 8 or not? Section 8 is similar to housing benefit. Ask a bunch of UK landlords which they prefer and you’ll get a mixed set of answers. It’s the same here in Motor City. Section 8 means you’ll get the rent paid (or part of it) from the state.

2. How long are the tenant leases for? The norm is anything from 1 YEAR (YEAR-to-YEAR tenancy) to a 3 year lease. Like all contracts it’s designed to accommodate both you and your tenant. Most tenants are happy to sign a 1-year lease.

3. Will I need a USA bank account? Yes. There are a few options for you. HSBC is the best option as you can have online banking. Other options include Wachovia, and Citibank. We will advise you on the best approach.

4. Do I get the deeds? Yes. Once you have completed your attorney will register you as the new owner to the USA equivalent of the land registry.

5. Do I need to visit the property first? Some of our clients do, but very few. Our service is designed for the busy armchair investor and it is often not a viable solution for clients to visit because of time and the costs involved. Because so much of our work is designed around accommodating overseas investors we try to create an environment for the client that is as seamless as possible. Where clients can deal directly with their property manager as if they were a mile away.


FREEHOLD VILLAS

PRICE AED 599,000 Rental Income = AED 101,830


PRICE AED 599,000

PRICE AED 499,000

PRICE AED 499,000

Rental Income = AED 101,830

Rental Income = AED 84,830

Rental Income = AED 84,830

PRICE AED 399,000

PRICE AED 399,000

PRICE AED 399,000

Rental Income = AED 67,830

Rental Income = AED 67,830

Rental Income = AED 67,830


SECURITY OF PURCHASE 6 STEPS Easy Buying Procedure STEP (1) Complete the booking agreement. STEP (2) Pay booking deposit AED 10,000 to Sea View Properties LLC Dubai. STEP (3) Legal purchase agreements arrive from USA. STEP (4) Sign agreement and pay the balance of purchase price to Sea View Properties LLC Dubai. STEP (5) Title deed of the villa will arrive from USA. STEP (6) Receive one year full rental of your villa from Sea View Properties LLC Dubai. The

fully process from STEP 1 to 6 will only take 3 to 4 weeks (in most cases) and you will start your rental income straight away.

100% MONEY BACK GUARANTEE

*



DOUBLE YOUR INVESTMENT

*

100% PROFIT IN 3 YEARS

*


GUARANTEED RE-SALES (RENT TO OWN SCHEME, USA) INVESTMENT

RE-SELL VALUE

AED 399,000

AED 798,000

*

ALL PICTURES USED IN THIS BROCHURE ARE GENUINE. * All offers are subject to terms and conditions.


Authorised UK Selling Agent

Authorised UAE Dubai Selling Agent

Developer / Authorised US Selling Agent


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