|
|
WHY DOES NICK VERTUCCI COMPANIES NOT HAVE LOCAL PROPERTIES FOR INVESTING?
|
The price points in California are still too INFLATED. In our local market an investor needs a substantial amount of a cash down payment of 25% of purchase price. Even with a substantial down payment the investor generally must still sustain a negative monthly cash flow. Additionally, investors usually have to carry a month of vacancy (mortgage). Locally that can cost $1,500.00 to $5,000.00 per month depending on the amount of the monthly mortgage. With our Midwest properties, the burden will be $250-$400 per month for vacancies. In addition, the rental markets in the Mid-west are extremely strong and rents are very high. The bottom line is that our deals work and are generally more profitable than local opportunities!
|
|
WHY DOES NICK VERTUCCI COMPANIES RECOMMEND OUT OF STATE PROPERTIES?
|
The perception is faulty to be afraid of owning out of state properties. Seasoned and savvy investors know this and capitalize on out of state opportunities. Seasoned investors know that if the infrastructure built in the area for investing there is actually NO difference in owning property down the street from your own home or 3,000 miles away. Nick Vertucci Companies and its investors are successfully holding hundreds of properties in the discussed markets. Nick Vertucci Companies has developed the infrastructure needed to be successful. Let us not forget one thing (speaking as investors), WE are investors not landlords. You will not be collecting rents, handling tenant issues, or any other moving part of the process. If you manage/landlord your own properties even down the street from you, rest assured, you will hate investing and everything that goes along with it. The bottom line is that the fears you have are not reality. Be careful not to miss out on opportunities because of faulty perception.
|
|
WHAT IF THE REAL ESTATE MARKET CONTINUES TO DECLINE?
|
If the Real Estate market continues to decline, Nick Vertucci Companies investors BENEFIT! The decline gives our investors more time to continue purchasing incredible deals continuing to build wealth. The great thing about our “buy and hold strategy” is that we do not need appreciation for the investment to work well. With the low prices we are capturing at purchase coupled with the great after rehab values, we are securing a big enough spread. You lock in your 30 year fixed mortgage with a nominal amount into the investment yet still run a positive cash flow each month. Even if the market continues to decline it does not affect your investment because your investment is a long term hold. When the market does adjust, the appreciation is a nice bonus to an already incredible investment. A declining market has little to no effect on your investment and gives you more buying time to continue to invest in more of our great investment opportunities.
|
|
HOW GOOD ARE THE NICK VERTUCCI COMPANIES RENTAL MARKETS?
|
The rental markets are extremely strong for our investors who are buying, holding and cash flowing properties. Due to the combination of the difficult economic times and the tightening of the lending industry, the average family cannot qualify to buy a home. This leads to a very strong rental market. Additionally, many renters are now receiving government assistance. In the past few years we have seen a sharp increase in Section 8 tenants. Also, we have experience doing business in the cities where we have properties and know where to buy and hold. The properties that we offer are always in solid suburban neighborhoods where there is a good combination of home owners and renters. A 60% home owner to 40% renter ratio is where we hold properties. This ratio produces a strong rental neighborhood with pride of ownership.
|
|
WHY SHOULD INVESTORS USE NICK VERTUCCI COMPANIES’S TURNKEY SYSTEM TO BUY AND HOLD PROPERTIES?
|
There are many reasons why investors should use Nick Vertucci Companies Turnkey System to buy and hold property(s). Buying real estate should never be a hobby and should be taken very seriously. A few bad mistakes can be financially devastating. Like any other profession, having a system, a plan and experience is ESSENTIAL. Nick Vertucci Companies has spent hundreds of hours developing fool proof systems, infrastructures and teams to perfect this strategy. Nick Vertucci Companies will save you from being scammed by out of state contractors as well of overzealous wholesalers who are just looking to sell and run. We can never overstate that evaluating a solid investment is more than just looking at THE PRICE. An investor must know the areas to ensure the property will perform now and also in the future. Our established infrastructure and relationships in these areas are invaluable and take months or years to develop. Doing the proper leg work and building what Nick Vertucci Companies has built is a full time job. We are assuming you have a full time job and/or a family you are raising and providing for financially. Our system allows you to keep doing what you do best while we handle the process for you. Nick Vertucci Companies walks you through every step of the way while you remain part of our family of investors for ongoing advice, support and more. Lastly Nick Vertucci Companies has sold over 300 properties in the last 3 years perfecting this investment strategy. Our buying power is very well established. When you invest through Nick Vertucci Companies you share in all of these benefits!!!
|
|
WHY IS NICK VERTUCCI COMPANIES NOT BUYING ALL OF THESE PROPERTIES ITSELF?
|
It is physically and financially impossible, considering there are thousands of these properties just waiting to build YOUR wealth. Nick Vertucci Companies was founded by Nick Vertucci. Nick has been buying properties for the last eight years. Nick had such a solid system, that it slowly grew into the “well oiled” machine it is today. The founder realized everybody wins in this process. Now the buying power of Nick Vertucci Companies is something we all can take advantage of to build wealth. Nick is currently buying as many of these investment properties as possible, continuing to build his own personal wealth and giving you the opportunity to join him.
|
|
|
|
|
Did your question not get answered? CONTACT US
|
|
|
|
|
