Friday, 17 May 2013
Wednesday, 8 May 2013
Geoffrey Petit medford Nj why to invest in Distressed Properties?
Today market of distressed property is
booming very quickly. Poor economy in the last few years have resulted in more
properties offered for shot sales or foreclosure. That is why Geoffrey Petit , medford nj an expert of International Properties USA, LLC says
that the market is good today for bad property. If you are planning to buy a
new house in the New Jersey on a right deal then you can think about investing
in distressed properties. Many people spend time and even money in order to
find themselves list of properties that are distressed or in foreclosures.
![]() |
| Geoffrey petit |
When the market is tight just like
nowadays, one should make most out of the distressed properties to get good
financial returns. International
Properties USA, LLC can provide you support in all your requirements such
as apartments, condos, town houses, mansions or any other foreclosure
properties. Geoffrey Petit, Medford nj has
the better understanding of nature and rules of distressed properties to guide
you in your purchase well within the budget. He can also provide you solutions
for financial support in order to get you going.
Many people say that buying distressed
properties is clearly a risky investment but Geoffrey Petit believes in the saying “no risk no reward”. He says
there are more reasons to invest in the foreclosure property than for not
investing. Distressed sales have a tendency to be 5 to 15 percent low from the
actual market value of the property. If you follow basic guidelines of International Properties USA, LLC you
will not face too many difficulties in making the right investments.
There are few basic rules provided by experts to guide people on property investments. They suggest that you should inspect the property properly before signing any papers or going way too far. Look for the previous sales record of the property and speak with the neighbors to get more detailed information. Geoffrey Petit , Medford Nj encourages buyers to understand about the hidden benefits of distressed properties. At times there is nothing wrong with the distressed properties and bank has discounted the home to sell it without disclosure. If you are smart enough then you can understand and can take advantage from the situation.
Friday, 19 April 2013
Geoffrey Petit Medford NJ Knowledge and work experiences
1989-1991 Employed by Deluxe Painting, LLC
located in NYC. The typical client that we worked with was on the higher
residential value end of Manhattan. These clients demanded perfection,
resulting in my gaining of speed and precision. He advanced rapidly to an
appointed Project Supervisor position and over saw a 15 man crew.
1992- 1994 Geoffrey Petit Medford NJ was employed with We Haul Anything located in
NYC. This was a refuge company that provides services to remove trash from
residential homes. He began my position as a labor. Very quickly, He was
promoted to a Field Supervisor position, eventually becoming a partner in the
company. Unfortunately my partner died in 1994 and He took control of the
business.
1994 He began media marketing throughout
the tri-state area, providing service in three states, employing up to 25
individuals at times.
1996 Geoffrey Petit began all
types of demolition, interior and exterior, operating excavator’s Cat 322Cl
& Cat 385 CL with Grappler, Bob Cat skid steers, backhoes, & utilizing
manual labor in the demolishing of residential homes. Average cost range of $13,000- $35,000
1998 Started to do commercial demolition
from gutting restaurants and warehouse to demolishing. 500,000 square foot
buildings. Price range of $1.50 per
square ft to $5.00 a square ft.
2000-2009 he began concrete and stucco
work, sidewalk, footing, Slab, and installing French Drain systems in
residential homes. Also, framing and subcontracting all types of construction
in the residential and commercial market. Ranging from Small additions on
residential home to construction of 6 story condominium projects. The value of
contracts ranges from $25,000.00 - $1.6 million. Most of the work in gutting
rehabs. Because of the collapse of the economy my business was shut down.
2009-2012 Worked with Arque Advisors,
bidding at Tax Lien sales. Main objective:
to buy Tax Liens throughout NJ. He also did all the due diligence, such
as property inspection. He would go to
Tax office examining all the back taxes and future taxes. I would do title
search to see if a mortgage existed.
Finally obtaining a budget.
Usually, upwards of $ 100,000.
Fundraising and volunteering
2001 He was one of the responders involved
with the 911 disaster in NYC, on the second day of the devastation, He became
involved with the search and rescue operation that eventually lead to the
search and recover. Geoffrey Petit Medford NJ was involved
with that operation for two month and stopped.
2002 He became involved with NY
Detoxification program, a non-profit program headed by Tom Cruise and Jim
Woodworth, located on Fulton Street in NYC. They started a program that would
rid the body of the many toxins that people were exposed to in the 911
aftermath. I helped raise funds to assist victims that desired to participate.
Website: www.nydetox.org . He was not,
however, involved with their theology.
2005 Geoffrey Petit Joint ventured with a
company called Life Medical Technologies. The CEO was Steven Cantor. Steven
Cantor Alabama Securities Commission, was a close friend of mine, who was
he involved with launching a medical device that allows a woman to take a breast cancer test, in the privacy of her own home and receive a
result in 15 minutes. This test was based on the theory that when a breast
tumor begins to grow, the blood in the vessels and capillaries rush to the
tumor attacking to destroy. Angiogenesis
occurs. The tumor starts to create a higher temperature. This device detects higher temperatures, pin
pointing it in15 minutes. I helped to raise over $1,000.000.00 for the company
within 6 months. FDA approved, about to
launch globally. The Website is www.lifemt.com
Thursday, 11 April 2013
Geoffrey Petit Creates Turn Key Investment
This Investment typically requires $75,000 PLUS closing
costs down By Geoffrey Petit
President of International Properties USA LLC. Strategy and
Experience It now only takes
$5,000 of your own cash in – that turns into $100,000 to
$130,000 of Built In Equity Profit
Overview: 103% financing – only $5,0000 Down - if you
qualify $100,000 Built in Equity
Profits, average wholesale cost is $300,000 (Lot and
Construction), After Built Value=
$400,000 and up 10 year Tax abatement- taxes are typically
$500 a YEAR for 10 years.
Property is 100% deeded to Investor with no partners or
middlemen. 3 Major Guarantees
Which Minimize Risk that make this a very Low Risk
Investment Opportunity with a very
High Reward and Return on your money. 5 year Break-Even Rent
Guarantee, where we
Guarantee a tenant (RENT is $2,000 and UP) OR we over your
mortgage payment for 60
MONTHS!
2- Builders Fast Build Guarantee that you will pay only the
5 financed construction mortgage
payments – or they pay you a penalty per month until done!
(we arrange a credit line for you
to make the 5 construction payments- keeping this total
investment to ONLY $5,000 out of
pocket money!) - Geoffrey Petit will helps you in any
case of property.
3- FIXED COST CONSTRUCTION AGREEMENT between you and the
builder- NO
CHANCE FOR THE CONSTRUCTION COMPANY TO UP SELL, Pass on a
Price Increase!
( Builder Absorbs the risk) RETURN ON INVESTMENT (Typical
Property) Property:
NY/NJ/PA CASH IN: $5,000 + Insurance Wholesale Cost:
$305,000 (103% financing)
Leverage OPM- BANK CERTIFIED AND APPRAISED VALUE:
$415,000 ASAP EQUITY:
$110,000 Monthly positive cash flow : 60 MONTH TOTAL =
$13,000 Monthly pay down
mortgage: 60 MONTH TOTAL =25,000 Annual IRS Tax deductions
up to $15,000 (CPA
review required) TOTAL EQUITY PROFIT: $148,000 + 5 years of
appreciation + IRS
deductions (This is a sample on a appraised value of
$415,000) We do have investment
deals that start at $95,000 & Up. Fico score would change
if down payment was larger if
50% down we can do 620 fico score. Qualifications·
This is a LIMITED OPPORTUNITY for Highly Qualified
Investors, maintaining a 720 FICO
score, $125,000 verifiable assets, property ownership, and
verifiable income supporting you
as an accredited Investor. ( FULL DOC) *TAX deductions vary
based on your tax bracket-
CPA review required. We feel Philadelphia has the best
return and less risk right now (We
can create your deal in NY/NJ/PA) Philadelphia (Center City)
Highlights:· New construction
Prices Increased 6.0% in 2012 Philadelphia. One of the
strongest micro-markets in the
nation. · Counter cyclical employment market of
Pharmaceutical / Health care/Education
College and University / Law & Government Employees· 7
Major Universities and Medical
teaching Hospitals PROVIDING TENANTS. Low 4% Vacancy Rate ·
Select Developments
in Center City: Toll Brothers www.navalsquare.com;
www.777southbroad.com; Ritz
Carton Residences http://www.philadelphiaresidences.com/ Le
Meridien Hotel:http://
www.starwoodhotels.com/lemeridien/property/overview/index.html?propertyID=3238.
THE NEXT STEP, IF YOU MEET THE ABOVE REQUIREMENTS, IS TO SET
UP AN
INTERVIEW WITH GEOFFREY PETIT WHERE I WILL GO
OVER IN GREAT DETAIL,
“THE INVESTMENT KIT.”I WILL BRING YOU THE FINE PRINT FACE TO
FACE, AND
PICK UP YOUR QUALIFYING DOCUMENTATION TO SUBMIT TO THE BANK
FOR AN
APPROVAL DECISION.
Call Now and start earning more 856-304-2363
Subscribe to:
Posts (Atom)










