eap Mailing List: Re: review of draft-ietf-eap-netsel-problem-04.txt

[Bert Weiner (bertel24]

To our friends, relatives, and colleagues:

We are sharing this information about a venture capital investment club of
which we are members, with people and organizations who may want to consider
buying preconstruction real estate from a developer at a discount and then
assigning (“flipping”) it profitably, before closing, to another buyer.  Our
club produces a minimum total profitability of 40%, and structures these
transactions in a way that avoids all risk to its members.  This, of course,
will strike you as too good to be true.  As you read further, however, you
will realize that by shifting all risk out of the member and into the
developer, high profitability with no risk is, indeed, quite attainable. 

Membership in the club is by invitation only.  We invite you to learn more
about it, and then, if you’d like, to apply for membership.  The minimum
commitment to invest is $100,000 (which can control more than $1,000,000
worth of preconstruction real estate).  If you’d like, your investment can
be part of a self-directed retirement account (IRA, 401(k), etc.), or can be
in the name of your business or yourself. 

 Briefly, each club member contracts for the purchase of a unit in a real
estate developer's commercial or residential project, and deposits into
escrow about 10% of about 85% of the developer’s preconstruction price.  The
member’s purchase contract is then assigned (without the member closing), at
100% of the preconstruction price, to a secondary purchaser. The member’s
escrow deposit is always safe because neither the developer nor the club has
access to it (thus avoiding loss to the member if the developer becomes
bankrupt or otherwise fails to complete the project).  The member’s profit
also is protected against the risk of a market decline, because the member’s
price is reduced, dollar for dollar, by the amount of the decline, thus
leaving the profit margin intact.  Upon settlement by the secondary
purchaser, 50% of the net profit is distributed to the member and 50% to the
club (which has borne the costs of putting the transaction together) .  The
member’s 50% amounts to a minimum of 40% of the amount originally deposited
in escrow.  The escrowed amount (typically plus interest), of course, is
refunded to the member. 

The club is able to achieve these benefits and protections for its members
because of its immense buying power derived from having many members, and
because (for a variety of the developer’s own reasons) it is in the
developer's economic best interest to relieve the member of the risks by
taking them on itself.  You are being invited to become a member of the club
because as the cadre of investors increases, the club is able to work with
more developers simultaneously. 

                If you are intrigued enough to want more information, please
call Bert at (301) 593-7744.  Thanks.      Bert and Elaine Weiner

 


Bert Weiner, J.D., M.P.A.
   Certified Mediator of Divorce, Workplace,  
     Business and Real Estate Disputes.
   Seminar:  "Managing Workplace and Home    
     Conflict To Save, Time, Stress and Money."
   Real Estate Broker: Flipping Without Closing to     
     Safely Yield 41% Minimum.

          (301) 593-7744    Fax (301) 593-3921
bertel24 [at] verizon.net     www.mediate.com/bertel

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