4 Real estate isn’t the only answer, but we think it’s a particularly good answer, based on history, and by buying, selling, holding, rehabbing real estate, it’s a good investment for now and the future.
5 NOW is the time to SUCESSFULLY Invest in REAL ESTATE? Witih house prices still falling, now is the best time to invest in Real Estate
6 What Are My Options? How Do I Invest In Real Estate? So what are my options in real estate investing?
7 Don’t Go It Alone!You could go it alone as an independent, many are successful, but one of the principle reasonsthat someone interested in real estate investing looks for help or acquires an HVA franchise is the decided lack of success at going it alone
8 GURU’s, Books, Tapes, Seminars You could pay $1,000 thousands to a RE investor GURU.GURU’s, Books, Tapes, Seminars
9 96%Would you care to guess how many attendees pay 5 Figures for a seminar with a GURU and never buy a house?
10 HomeVestors® Overview Founded by Ken D’AngeloThe “We Buy Ugly Houses®”companyBegan franchising in 1996200+ franchises in 35 states and 100+ marketsHomeVestors was acquired in June 2008 by Franchise Brands, LLCThe only business format home buying franchise in the USAWe provide: A powerful brand World-class training and marketing support forthe lifetime of your franchise Financing for the purchase, repair and resaleof housesNamed to Franchise Business Review’s Top 50 Franchises for third year in a row
11 HomeVestors OverviewNearly 40,000 houses bought by franchisees since 1996$42 million loaned to our franchisees to buy and rehab properties YTD 2008$11M in mass media advertising YTD in 2008 on behalf of franchisees135,000 leads generated by advertising YTD 2008 from people in an ugly situation
12 Franchises by State and Market SeattleSpokaneEau ClaireAppleton/OshkoshRochesterWorcesterMINNEAPOLIS/ST. PAULBostonWestchesterProvidenceBoiseMILWAUKEEDetroitNew YorkHartfordLong IslandPHILADELPHIANewarkEdisonPittsburghTrentonGaryWilmingtonCHICAGOHagerstownWill CountyKent-SussexSalt Lake CityIndianapolisCincinnatiDENVERWASHINGTON, D.C.*St. Clair/Madison CountiesNorfolkColoradoSpringsKansas CityRichmondST. LOUISWichitaHickoryGreensboroLas VegasSpringfieldAshevilleCHARLOTTERaleigh-DurhamNashvilleAlbuquerqueTulsaMemphisWilmingtonOklahoma CityColumbiaPHOENIXATLANTALubbockBirminghamGadsdenCharlestonTucsonDenton-Fort WorthDALLASMontgomeryColumbusWoodbineEl PasoTyler/LongviewGulfport-BiloxiMobileJacksonvilleGainesvillePensacolaAUSTINPanama CityFt. Walton BeachBrevard CountyPolk CountySAN ANTONIOHOUSTONSt. Lucie/Martin CountiesTampa/St. PetersburgPalm Beach CountyCorpus ChristiSarasotaBroward CountyMIAMI-DADE
13 The HomeVestors Business Franchisees specialize in buying and selling houses as a full-time or part-time businessIn most states, no license is requiredMost independent investors focus on bankruptcies and foreclosuresHomeVestors reaches a much larger market of home sellers who will take a substantial discount in exchange for a quick cash sale and the buyer taking the house in “as is” condition
14 What Are We Looking For In A Franchisee? A leader who has the desire and passion to build a real estate investing businessThe personality to be a successful franchiseeThe capital to invest in a franchise
15 Who’s A Motivated Seller? People who inherit real estate located in another cityThey own rental properties they no longer wantThey need to sell for investment capitalTheir properties need extensive repairsHomeVestors rescues Motivated Sellers from “ugly” situations: Divorce, Death, Loss of Employment, etc.
16 How Do Franchisees Make Money? Wholesaling/Assigning to investors for positive cash flowRehab/Retail propertiesBuy and Hold to build wealth (rentals)Note: The mix of these exit strategies depends on the goals of the franchisee and the markets
17 The Pieces of the Puzzle – HomeVestors can help Question: How do you consistently find properties to buy?Solution: HomeVestors has a powerful lead generation program that attracts sellers!Question: How do you determine repair costs and also make quick and accurate offers?Solution: HomeVestors has proprietary repair evaluation software that determines market value, repair costs and target purchase prices.Question: How do I manage the business side of the franchise?Solution: HomeVestors real-time business management software tracks and manages everything from rehab tasks and investor activities to potential sellers and projected cash flow.
18 Other Puzzle Pieces National brand and image Web site to sell houses Referral programs to generate leadsBusiness development consultation through a Development Agent (DA) for Associate FranchiseesComplete training and supportFranchisee conventions and training eventsNational vendor relationships
19 The HomeVestors Brand Stands Out! Get world-class training by RE professionals and literarly hundreds of years of real estate experience.
20 HomeVestors World-class Training How to consistently make deeply discounted buys, how to sell in this market, how to create a synergistic network where everyoen knows the more you help, the more you get helped.HomeVestors World-class Training
21 Leads!You’ll get leads no one else ever sees – HVA has a marketing and lead generation system. The only one of its kind in the industry, that is uncanny in its abilty to find homeowners who are ready to sell their house at a discount. The beauty of these leads is that they call you. They’re already warm. So far in 2008, we’ve generated 135,000 leads from people in ugly situations. Our customer resource system, RESULTS tracks and manages each component of your buisiness from rehab to investor profiles to cash flow.
22 FinancingYou’ll have access to inhouse financing, depending on your credit and financial condition, HVA offers loans to franchisees for purchase repair and resale of your properties. So far in 2008, we’ve loaned over $40 million to our franchisees. Helps the franchisee manage the dashboard with real time data.
24 Associate Franchise (AF) Investment $12,000 franchise feeCandidates must have a minimum of $50,000 in liquid assets available5 year franchise agreementSpend at least $1,000 per month on advertisingOngoing fees:Monthly fee: $600, includes $500 credited toward transaction feesBuy/Sell transaction fee: $1,350 minimum per transactionAssistance fee paid to the Development AgentThis is not a franchise offering. An offering can only be made by obtaining a HomeVestors Franchise Disclosure Document (FDD). All fees outlined in the FDD.
25 Development Agent Support Instead of paying $1,000 thousands of dollars on one seminar, you’ll have ongoing support for the life of your contract from your local development agent, backed by a company consistently named in the Top 50 of franchises by Franchise Business Review, the last 3 years.Development Agent Support
26 Your Development Agent Delivers Reduced learning curve and time until profitabilityLess cost than a full service franchise; less overhead; remain bi-vocationalBuy houses at HomeVestors pricesFinancing relationshipsInbound lead managementEscrow and closing managementProperty managementBuilding Contractor relationshipsWeekly coachingMonthly training
27 What Do You Do Next?Go to the HVA Web site: and submit: Request for Franchise ConsiderationThis is located under Own A Franchise, then click the tab – Request for Franchise Consideration for the Associate Franchise (AF)Receive a Franchise Disclosure Document (FDD)