EV Capital Group
Smarte is a real estate company that enables buyers to purchase distressed-priced residential real estate. Based in Los Angeles, Smarte is comprised of over 20 real estate professionals who have combined experience in selling over 1,400.
Propery Listings
We invite you to join the Smarte Team. It’s time for you to become part of the most exciting real estate opportunity in Los Angeles and Southern California. Better yet, it’s one of the easiest and most transparent ways to make money in real estate.
Buy and Hold
A New Low-Risk Opportunity to Dramatically Increase Your Cash Flow Seth and Jay have found a spectacular new market opportunity for real estate investment. This is moving in a whole new direction from what we’ve been doing up until now.
Foreclosure Auction Opportunities
It’s time for you to become a part of the most exciting real estate opportunity in Los Angeles and Southern California. Better yet, it’s one of the easiest and most transparent ways to make money in real estate: “Flipping Homes for Big Profits”.
We amassed a $2 billion portfolio of commercial real estate over a 16 year period, yet since late 2008 there suddenly were no more buying opportunities as the credit markets froze.
After searching for several months for the right opportunity, and as real estate investors ourselves, we finally identified a real estate investment with significant, dependable upside…we found it…right under our own noses….buying homes at LA County Auctions… right on the court house steps. How easy does it get?
Buy & Hold Increase Your Cash Flow
An Exciting Opportunity to Dramatically
Increase Your Cash Flow
Seth and Jay have identified a spectacular new market opportunity for real estate investment, expanding on the success of our current business model. We are growing into a new market, and it’s going to open up a whole new (and extremely profitable) opportunity for you as one of our valued investors.
These are Foreclosure Cash Flow Properties. In addition to buying properties to flip for a huge capital gain, we’re now working with a strategy that’s about buying properties for rental income. You may be familiar with the concept, but you’ve simply never been able to put it into practice – the prices in L.A. don’t allow for it. That’s why flipping houses for a capital gain is the most effective strategy within the L.A. market.
But we’re not talking about L.A.
New Markets, New Choices, More Profits
Over the past six months, we’ve been conducting thorough research into the property market in northern California. We’ve been spending a huge amount of time, brainpower and money in this area because not only is the market here well-positioned for flipping, it’s also offering some of the most impressive returns for rental properties we’ve seen in over 20 years.
We can let the numbers speak for themselves. This is a real life example of a recent transaction in this part of California:
Four Plex Purchased on 11-12-2010 Purchase price $68,000 Rental income $2,200 monthly / $26,400 annual Rent to income ratio (annual rent divided by purchase price) 38%
Do you think this property has a positive cash flow?
You can immediately see how profitable this deal is. Here are some expert buying guidelines to help clarify what an incredible deal this is. annual rent / purchase price = 3% means do not buy annual rent / purchase price = 6% means borderline annual rent / purchase price = 9% means acceptable to buy annual rent / purchase price = 12% means good buy
The guidelines above were created by economic real estate expert Patrick Killelea and were accompanied by the following statement which sums up this strategy nicely:
“The only true sign of a bottom is a price low enough so that you could rent out the house and make a profit. Then you’ll know it’s safe to buy for yourself because then rent could cover the mortgage and all expenses if necessary, eliminating most of your risk. The basic buying safety rule is to divide annual rent by the purchase price for the house.”
If 12% means “good buy”, what does 38% sound like?
You may be inclined at this stage to think this example is too good to be true, or can’t be repeated on a regular basis. So here’s a second example:
Triplex
Purchased on 10-29-2010
Purchase price $120,000
Rental income $2,425 monthly / $29,100 annual
Rent to income ratio (annual rent divided by purchase price) 24%
An Unprecedented Return for Low Risk Investments
Want to know the best part? On a property like this, you can get a loan for $104,000.That means you only have to put $18,000 of your own cash on the table for a property that makes $29,100 a year in rental income.
Not only does this mean less risk for you, it means you can spread your cash around multiple properties much more easily and build up an extensive, highly profitable portfolio with a relatively small investment.
What’s the explanation for these apparently crazy deals? It’s simply a market condition created by the recent economic turbulence we’ve been experiencing. House prices have been forced down because of foreclosures, but demand for housing in this part of California has meant rent prices have remained stable.
Get in Early to Secure the Best Deals
Just like the flipping opportunities we offer, we’re buying rental properties on a daily basis from Foreclosure Trustee Auction Sales. There are more of these buy-and-hold properties currently available than flipping properties. The time to enjoy maximum profitability from this investment strategy has arrived.
This is a temporary situation which presents an amazing opportunity to add some gems to your portfolio – but you have to take action while the window is open. We predict that there’s a 12-month time period to capitalize on this opportunity before the market corrects itself.
If you want to create more passive income in your life with very low risk, now is the time to do it. The chance exists to create greater wealth and financial freedom, so you can achieve all your biggest goals in life – you simply have to reach out and grab them. Call or email Seth using the contact information below to set the ball rolling on your new cash flow investment.
Seth Phillips
Smarte Real Estate
11620 Wilshire Blvd. 10th Floor Los Angeles, CA 90028
213.784.4447 w.
818.486.7730 c.
seth@SmarteRealEstate.com
www.SmarteRealEstate.com
About Us
EV Capital Group enables buyers to purchase distressed-priced residential real estate. Based in Los Angeles, EV is comprised of team of real estate professionals who have combined experience in selling over 1,400 real estate properties as brokers and have purchased over 120 foreclosure properties as principals. For more information please call Seth Phillips at 213.784.4447 or his email seth@evcapitalgroup.com
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