We have just been assigned to handle the lease to purchase program for Monaco (San Simeon). This project is in its final close out and we have 5 units that we are offering.

You will be required to enter escrow with a contingency that they will have a lease tenant that will eventually (within 6 to 12 months) purchase the condo form you at a 7% increase from the price you paid. The return to you is in the mid 20% cash on cash (see attached spreadsheet). This program works because it insures that your have an exit strategy to the purchase. This investment comes with the following aspects:

1. Developer will guarantee rent for a period of one year at 8% of the total purchase price.

2. Developer will pay all HOA for a period of one year.

3. Developer will manage the property for free for one year.

4. Developer will warrant the condo against any mechanical defects for one year.

5. Investor is placed in a priority position for all future deals.

6. Investors re-invest time and time again because of the success. (creating residual income for the agent)

Before you close you will have a tenant and a purchase contract from that tenant to purchase the unit once they qualify. Historically the tenant qualifies 85% of the time. If the tenant does not qualify they are evicted and another tenant is put in their place.

There are a limited number of units available. This program works and has been in existence for over 7 years.

Click Here for Larger View

Property Profile & Pictures

email me for more details elliot@gentryaz.com or call 480-248-0209

LENDER for the project

Sarita Vidal
senior loan officer
p. 602 326 0964
f. 602 441 4417
saritavidal@hotmail.com

Brick at the Commons 

1. $10,000 off the price of the unit
2. 2 year lease back
3. 2 year taxes
4. 2 years HOA & insurance paid for ~
5. 2 years property mgmt paid for

This home is located near downtown Phoenix Arizona Which is a great area to be buying at click here to find out why: whydowntownphoenix

prices start out at as low as $149,950

For more information con act me at elliot@gentryaz.com or call me 480-248-0209 also download this profile: brick at the commons property profile

Smart Questions asked by Gentry Investors

Real Estate Education can be fun, simple and colorful while becoming a millionaire!

That is what investrip.com is all about. Have you ever asked yourself where do I get started in real estate or how can I keep going? If you are still trying to ask those questions look no Further, because we can help and we care! ***WARNING*** If you are not serious about making money in Real Estate don’t read this article. Seriously stop now.

1st Educate Yourself {keep it fun!}

To know is to know that you know nothing. That is the meaning of true knowledge.
~ Confucius Quotes

Many people Jump into real estate without getting educated because they want to get rich quick. Those individuals are impatient for the most part. Hey to all funny guys out there… Real Estate Investing is not a get rich quick scheme, BUT the closest thing to it is logging into investrip.com daily.
Many Investors believe they know everything there is to know about investing in real estate. I made that mistake and it cost me dearly. It would have been better for me to spend the money I lost on education. Fortunately, I did learn some important lessons in my mistakes. I would say the most import lesson I learned is to educate myself. Unfortunately, education can be boring, and most individuals teach real estate the boring way. That is why we have created investrip.com to make things fun and to shake things up in the Investment Real Estate industry!!

2nd KISS (keep it simple stupid)

…or as my business partner Jacob Ash would say, KISS (keep it simple silly)

Life is really simple, but men insist on making it complicated.
~ Confucius Quotes

Investing is not a complicated thing, it is actually really simple, just takes some time and patience and you can learn everything there is to know. People being complex in nature tend to make things complicated. That is why many investors seek the complicated deal or the deal they think to be a secret. Please don’t be the guy that says… when you have that really good buy call me up. A great deal comes along every day. Its Crazy the things I have seen people do for a deal that really wasn’t a good deal at all. The goal for investrip.com is to keep things simple. Everybody is in a different point in there lives and not every investment is going to be the same for everybody. I also suggest putting together a team of experts to help guide you through investing in real estate. Where can you find the experts and knowledge you need? Of course at investrip.com, look no further were here daily to stay. Here are a few KISS definitions:

3rd Take Action

The essence of knowledge is, having it, to apply it; not having it, to confess your ignorance.
~ Confucius Quotes
A part of the learning process is actually taking action. Once you know everything there is to know, put together a team of professionals and go out and buy a property or two. There are tons of Professionals out there that want to help you make that 1st step. On investrip.com we are going to have many different real estate specialists teach on different subjects. These will be individuals that have experience and passion about what they do.

4th Keep Learning

Learn as though you would never be able to master it; hold it as though you would be in fear of losing it.
~ Confucius Quotes
Don’t be stupid and think you know everything there is to know about real estate investing. You always need to continue learning. The real estate market is always changing and the economy is always changing. There are some principles that will always remain the same but there is always variable change. investrip.com will always bring you the latest information about the current market & Sub-Markets. I admit that no one has a crystal ball, so there is always an element of risk. No one can ever be 100% sure of what is going to happen in the market. I have personally made hundreds of thousands of dollars doing the opposite of what market experts have told me to do, so don’t always rely on one source. Always, always keep learning!

The Story:

Ok, yes it is true my net worth in Real Estate was over a million at the age of 25. But don’t salivate too much there Pavlov. I am now 28 so it all happened in early 2005. What has happened the past 3 years in Real Estate? I ask that to make sure that you are awake reading this, ok now that you are awake this is what the Wall Street Journal said two days ago on what happened? May 6^th article The Housing Crisis Is Over- “Most people forget that the current housing bust is nearly three years old. Home sales peaked in July 2005.”

Confession:

So I admit it, there has been a bust the past three years. My net worth also busted out of its shell, as a dead hen to hatch no more eggs. My Golden Goose was killed. I lost my butt (literally, but it was already gone to start with) Big deal I have a good excuse I was 25 and did not know better. I bought low, did not sell high now I am back to low. I really don’t care too much because I have made my first million and now the second time around I know how to do it and I will for sure do it again. I have learned from my mistakes, ask my beautiful wife Alisa, plus all Millionaires out there say you have to loose it to make it again and the second time is easier. You can follow me and my game plan at Investrip.com, so if you want to be the next millionaire in real estate on your block, log in and log in often. Not only am I and Investrip.com going to make it easier for us to make a Million Bucks, Investing in Real Estate. We will make it fun!!

Game Plan:

How will we do this together with Investrip.com? Wall Street Journal says, “The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now.” OK, ask yourself how will we do this again? This is how. NOW IS THE TIME TO BUY, BUY, AND BUY. As the pro said it “when people get greedy I get scared, when people get scared I get greedy.” Where are we going to buy? Follow Investrip.com or call my cell 480-283-4425 to see where the pros are buying.