|
Turnstone
is
seeking
Investment
Partners
interested
in
taking
advantage
of
one
of
the
best
markets
for
real
estate
accumulation
in
the
last
30
years.
Residential
real
estate
(1
to 4
family
dwellings)
in
the
State
of
California
and
Los
Angeles
County
in
particular
has
seen
a
rapid
reduction
in
property
values
since
first
quarter
of
2005.
This
rapid
reduction
in
property
values,
together
with
an
unprecedented
Federal
action
to
support
credit
markets,
has
created
a
once
in a
lifetime
opportunity
for
equity
accumulation
in
the
one
to
four
unit
residential
real
estate
market.
We
believe
there
exists’
a
window
of
opportunity
for
the
next
twelve
(12)
months
to
realize
substantial
return
on
investment
through
the
accumulation
of
real
estate,
its
cash
flow
and
subsequent
appreciation.
Turnstone
is
structuring
investment
partnerships
specifically
designed
for
Investors
who
are
otherwise
unable
to
participate
in
the
business
of
investing
in
foreclosed
properties
in
Southern
California.
These
partnerships
will
accept
a
minimum
investment
of
$50,000.00.
The
projected
involvement
will
be
30
to
60
months.
Investors
with
$200,000
or
more
to
invest
will
enjoy
an
individual
partnership
with
Turnstone.
Investors
with
$50,000
to
$199,000
will
be
“paired”
together
with
other
like
minded
Investors
in a
partnership
that
will
create
additional
buying
power
and
benefit
from
economies
of
scale.
The
partnerships
will
invest
50%
of
their
resources
in
single
family
dwellings
that
offer
the
best
opportunity
to
buy,
rehab
and
“quick
turn”
for
maximum
profit.
The
remaining
50%
will
be
invested
in 2
to 4
unit,
cash
flow,
properties
that
will
be
rehabbed,
managed
and
held
for
significant
equity
appreciation.
Returns
to
Investors
are
projected
between
seventeen
percent
(17%)
to
twenty
five
percent
(25%)
annualized.
In
order
to
offer
Investors
the
highest
opportunity
for
a
safe
return
on
their
investment,
Turnstone
offers
Investors
a
preferred
or
protected
return
of
ten
percent
(10%).
To
the
Investor,
the
preferred
return
means
that
net
profits
are
first
distributed
to
Investors
until
their
return
on
the
allocated
funds
has
reached
ten
percent
(10%).
Turnstone
will
form
an
LLC
for
the
purpose
locating,
purchasing,
improving,
managing
and
ultimately
selling
the
one
to
four
unit
residential
properties.
All
properties
will
be
located
in
Los
Angeles
County.
For
more
info
please
mail
your
name
and
number
to
properties@turnstone.net
|
