As you all know Charlotte, NC is one of the few hot, viable markets left in the United States for growth, cash flow, and appreciation in real estate. It has a great mix of job growth and according to United Van Lines, it is number one in the nation for people moving into the area.
Because of our relationship with the builders, our track record of sales to investors who are buying in the Charlotte market, and the advantage of having my brother on the “inside” working for one of the area’s top builders, we are able to have the first crack at the model lease back homes that are offered by local builders and developers in Charlotte.
A model lease back is one of the safest investments in one of the safest markets in the nation. The way it works is, the builder builds the home, sells it to the investor and then leases it back for a minimum two year period (with periodic 1 year options to renew the lease). The builder covers the utilities, HOA (home owner’s association dues), insurance, and taxes during the lease back period. It is not only a safe investment but one with guaranteed positive cash flow during the lease period. The builder will be using the home as a model to sell new homes to home buyers in the community. Investors know that this type of investing is a rarity and it is often called the best answer to long distance investing as it is virtually hands off. Click here to learn more!
Models homes are the first homes built in the neighborhood. Builders always build in price increases as the neighborhood is selling and the model homes generally have the best of upgrades and amenities. As the community is built up and the homes appreciate you are locked into the original lower pricing from the time the community begins.
Feel free to contact Glenn Plantone of National New Builds at 866.447.2037 or email at gsplantone@gmail.com for more information on these outstanding investments.
Sunday, July 20, 2008
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