Presentation Transcript
Snowbird Vacation Properties: Snowbird Vacation Properties …an investment for tomorrow you can enjoy today
US Housing Market: US Housing Market Worst decline in decades
Not forecast to improve until after 2009
Sub Prime Mortgages have many in over their heads
Foreclosures at record levels
Canadian Dollar: Canadian Dollar Strongest it’s been in decades
Not forecast to decline
Alberta Oil not forecast to decline
Albertans uniquely positioned to profit
Opportunity is knocking…: Opportunity is knocking… Now is the time to invest in US real estate
Exchange rate is in our favor
Real Estate market is in our favor
Snowbird lifestyle has never been more attainable
So…why isn’t everyone doing it?: So…why isn’t everyone doing it? Too far away
Not enough time
Too difficult to manage
I want to…it makes sense…but I just haven’t got around to it.
What if….: What if…. You could invest in a home without the hassle of buying the home
You could invest as little as $50,000.00
It were managed for you
You could stay at different properties
You wouldn’t have to pay US taxes
You have the same potential to make money as if you bought a home
The Plan: The Plan Snowbird Vacation Properties (SVP) will acquire properties in desirable vacation destinations preferably in gated communities and make them available to investors.
SVP is uniquely positioned to negotiate a lower price based on its experience, contacts, and resources than perhaps an individual investor could achieve on his own.
SVP believes it can acquire properties between 10 and 35 percent below current market value.
The Plan…cont’d: The Plan…cont’d SVP (a Nevada Corporation) will acquire the property on its own account in order to capture all the costs associated with acquiring the property.
The Plan…cont’d: The Plan…cont’d SVP will furnish the property so as to make the property suitable to be rented to the general public.
Our estimate is that furnishing costs will range between $15000-$20000 per property depending on the size of the property and number of rooms requiring furnishing.
The Plan…cont’d: The Plan…cont’d Investor Ownership
As an investor, you can own up to 100% of any of our properties
Minimum investment is $50,000 CAD
The Plan…cont’d: The Plan…cont’d Investor Ownership (cont’d)
Using a Nevada Corporation combined with Limited Partnership agreements, you are protected from excessive taxation in the USA including Estate taxes
The Plan…cont’d: The Plan…cont’d Ownership Rights/Risks
Investors will own a proportionate share of all the financial activity associated with the property according to how much capital they have contributed in relation to the total transfer value.
Investors will share in costs of ownership, rental revenues, capital gains/losses upon disposal, and any tax liabilities incurred from rental and/or disposition of the property.
Investors will have input as to when the property will be offered for sale and at what price it will be offered.
The Plan…cont’d: The Plan…cont’d Investor Occupancy Privileges
You can stay at your own property or you can stay at any property we currently manage
There is a small fee when you stay at a property other than the one you own
The Plan…cont’d: The Plan…cont’d Rental Commissions/Finders Fees
We pay a commission to people who find quality renters for our properties
Owners are also entitled to receive commissions on rents
The Plan…cont’d: The Plan…cont’d Management Fees
SVP will charge an all inclusive management fee for collecting and distributing rental revenue, collecting and disbursing funds toward operating costs, repairs and maintenance, insurance, property taxes, property inspections, administration, and to market the property.
The fee will be adjusted annually as costs change.
The Plan…cont’d: The Plan…cont’d Management Fees:
A typical property would have an annual all inclusive management fee of approximately $200-$250/month for every $50,000 invested. Actual amount will vary by property. This includes everything including utilities, property taxes, insurance, HOA fees, etc.
The Plan…cont’d: The Plan…cont’d Recovery of Management Fees:
Our goal is to generate Rental Income that will match or exceed the Management Fees in any given year
These funds can either be paid out in cash directly to the owners or applied to the following years management fees
If we achieve our goal, your cost of ownership will be zero!
Summary: Summary Profit from the eventual recovery in the US real estate market
Become a Snowbird for as little as $50,000 invested
Low cost of ownership
Flexibility – you choose where to stay
Leave the management to us
Tax benefits
What makes us different?: What makes us different? Investment value is not based on the worth of our company but on the value of the property (or portion of it) that you own
You are not buying a time share, your investment has intrinsic real estate value
We can even help you finance your investment
Snowbird Vacation Properties: Snowbird Vacation Properties …an investment for tomorrow you can enjoy today
www.snowbirdvacationproperties.com