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501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Start
Property Flipping-Investor Intro.Property Flipping-Investor Intro.Robert Chartier/Broker 858-568-6673Robert Chartier/Broker 858-568-6673
Residential Property FlippingResidential Property Flipping
CapitalRequirements
$500,000Minimum
Per PropertyOne Property Results
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
Getting Started
TURN-KEY Full Ownership Pro forma
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
Rehab
Materials Labor Upgrades
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
RESALE(ARV)
Upgrades Supporting Data Premium
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
Premium
Quality Desirability Neighborhood
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
ARVTarget3 Steps
Acceptance Appraisal Appraisal Review
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property FlippingARV ~ $465,000
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property FlippingAcquisition ~ $315,000
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property FlippingRehab~ $65,000
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property FlippingSub-Total~ $380,000
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping$465,000-$380,000=$85,000
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping$465k-5%-$380k=$61,750
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping$61,750 / $380k = 16.3% Return
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping90 days, 16% = 64% ARR
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
Target12% - 18%
Acceptable9% to 11%
90 Day Turns
3 to 5+Projects
In Play at all times
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
Always FactoredInto all Projects
Holding Cost90 Day Turn
10-12% CostRehab CostOverruns
30 DayHolding Cost
Overage
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
KEYPOINTS
for SUCCESS
Tight REHABCost controls
In place
Time linesmust be
Strictly Enforced
PremiumListing
Presentation
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
PackagedFormula Based
Upon 41 years ofExperience
#1 SpecializedREHAB
Contractors
#2 ProjectSupervision
AndOversight
#3 ExpertProperty
Positioning inResale Market
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Residential Property FlippingResidential Property Flipping
Why flip homesWith the
Chartier Group?
41 years ofFamily home
FlippingEXPERIANCE
SuperiorMethodologythat assures
SUCCESS
Profit fromOpportunitiesOthers simply
Overlook!
501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
End501 W. Broadway Suite 800 San Diego CA 92101501 W. Broadway Suite 800 San Diego CA 92101The Chartier Realty Group © 2014 858-568-6673The Chartier Realty Group © 2014 858-568-6673
Property Flipping-Investor Intro.Property Flipping-Investor Intro.Robert Chartier/Broker 858-568-6673Robert Chartier/Broker 858-568-6673