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Russian bomber jets came within 50 miles of California coast - The Week
Thursday, June 12, 2014
Sunday, April 13, 2014
Thursday, March 27, 2014
Monday, May 28, 2007
28May07 Start of BigIrr aka Big Internal Rate of Return or Big Investment Rate of Return
This Blog is for investment professionals that need or want high Investment Rates of Return aka Internal Rate of Return aka high annual rates of return for the "average person". I'm a numbers junkie, so my blog is based on numbers and crunching. It happens to deal with money & profits, so I'll leave my record: 196 properties bought & sold in the 1995-2007 time period. Average hold is 23.5 months and average gross profit is 1160%. Yes, 1160% Gross profit. In Average Person returns, that's about 50% a month. In terms of internal rate of returns, it would be tough, since I have the numbers but must enter them into a MS Excel spreadsheet every time and I have lost motivation since my fiduciary responsibility is only to myself. I'm very happy with my batting average. This has been published all over the net. If you Google me "repo4sale" you will get about 2700 hits, and some are personal activities, most are in relation to investment returns. But, most individuals make investment decisions with 50% or more emotional feelings. Not good. I use about 0 to 20% emotion in my investment decisions, and have enjoyed a very good math return. Anyone out there that can relate to my numbers?
Laws permit tax collectors to sell assets. In my opinion, the TAX COLLECTOR is the #1 official when it comes to buying assets. California real estate is sold after 5+ years of delinquent taxes. Tax rates are about 1% per year, so 5-10% of the assessed value + collection costs would be the starting bid. California assessed values rarely keep up with market values (Prop 13), so the starting bid could be as low as 1% of the market value. Land takes 1-5 years to sell, so it’s good to estimate the sale value 1-5 years from the buy date. Land is low management, low liability, low stress, easy to sell, boring so we can enjoy life. Land could be considered a Zero management asset. Most Real Estate requires insurance, fix up, utilities, management, repairs! Researching Real Estate is “tough and time consuming”. I would say, 5 amateur hours to review each property including: property profile, parcel maps, site & area inspections, photos, sales comps, neighborhood review, area growth review, demographics, etc. This is a road block (job). I have reduced this procedure down to about 5-10 minutes. I map 100’s of properties and inspect 30-50 per day. I can actually inspect property at night. Only 1 to 5% of foreclosures are good investments. I expect & demand NO Emotion, since “emotion” kills your returns. I’m looking for “passive partners” $1m minimum invested in 1 to 10 properties. Profit split is: 50% profits for the cash investor (you) & 50% (research, purchase-sale management & closing) for John Jason Chun-Managing Partner. Our names are on the deed & you get the deed & tax bills at your address. I do research till sold! If you are interested in "no debt-low stress" investing, this is the way to make SUPER returns. A book written by a California Attorney on Tax Foreclosures is available from John Beck in the San Jose, California. Please read: “Real Estate Market Timing” books by “Campbell & Hull” available from www.amazon.com.
John Jason Chun, LLC LLP LP 888-532-7999 Fax 888-595-6299 REPO4SALE@YAHOO.COM
X-Real Estate Broker (California/Hawaii) X-Stock Broker (California/Hawaii)
X-Insurance Broker (California/Hawaii) X-Tax Preparer License, California
X-PARALEGAL (many solutions, fast closings) X-Gun Permit, California
X-National Rifle Association Hand Gun Instructor X-EMS (Exchange Marketing Specialist)
X-GRI (Graduate Realtor Institute) X-CAM (Certified Apartment Manager)
X-CCIM (Certified Commercial Investment Member)
X-CRIA (California Realtor Investment Association Certificate)
BBA, FINANCE & REAL ESTATE, UNIVERSITY OF HAWAII
30+ Years Investment Real Estate BOX 30635 NV 89028 or
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