MAJIC PRESENTATION

1. HOUSE FLIPPING STRATEGY
CAROLINAS
Majic Holdings LLC
Jim McDonough
Owner/Manager
Investing in Real Estate in
North Carolina South Carolina Georgia
© Majic Holdings, LLC. 2012. This material may not be reproduced, displayed, modified or distributed
without the express prior written permission of the copyright holder. For permission, contact jim@majic.biz.

2. Disclaimer
•MAJIC HOLDINGS, LLC and/or JAMES EDWIN MCDONOUGH IV does NOT
represent to be a United States Securities Dealer or Broker or US Investment Advisor.
•As a Representative of MAJIC HOLDINGS, LLC and/or JAMES EDWIN
MCDONOUGH IV , we make no Warranties or Guarantees or any representations to the
investor, buyer, seller or Transaction.
•All due diligence is the responsibility of the Buyer, and seller, or borrower and lender.
•This information presented and any related documents are never to be considered a
solicitation for any purpose in any form or content and are provided here for educational
purposes only.
• This information presented and any related documents hereto is a response to a formal
request of information only. Upon receipt of the information and/or documents, the
recipient hereby acknowledges this disclaimer. We do not provide securities or security
related advice.
•No information herein shall be construed as a solicitation of investment funds or a
securities offering in any way.
FORWARD LOOKING STATEMENTS

3. Why Flip Houses Now?
Home sales in Carolinas up
37% over 2011
Many people are moving to
the area (Forbes)
The time is now
Markets are turning up

4. How it Works
 We form a Series LLC with the investor(s) for
each individual property purchase
 We purchase properties wholesale from
banks, etc.
 Jim checks out each property and finds the
hottest deals
 Property is fixed (typically $10K/average 4-8
weeks)
 From beginning of purchasing to closing the
sale, typically takes 120 to 180 days

5. Example 1 of a Closed Transaction
This 3 BEDROOM 2.5 BATH single-family home in good
shape was:
 Appraised for $111,992
 Purchased for $58,000
 Repairs for $10,000
 Sold in 147 days for
$99,900
 Total Net Profit of
$19,907
(after sales cost and commissions)

6. Example 2 of a Closed Transaction
This 3 BEDROOM 2 BATH single-family home in good
shape was:
 Appraised for $79,727
 Purchased for $40,000
 Repairs for $13,315
 Sold in 63 days for
$88,154
 Total Net Profit of
$28,668
(after sales cost and commissions)

7. Example 3 of a Closed Transaction
This 3 BEDROOM 2 BATH single-family home
in good shape was:
 Appraised for $81,250
 Purchased for $40,654
 Repairs for $0
 Sold in 15 days for
$75,000
 Total Net Profit of
$26,115
(after sales cost and commissions)

8. Example 4 of a Closed Transaction
This 3 BEDROOM 1 BATH single-family home in good
shape was:
 Appraised for $64,681
 Purchased for $35,500
 Repairs for $0
 Sold in 15 days for
$65,800
 Total Net Profit of
$28,422
(after sales cost and commissions)

9. Example 5 of a Closed Transaction
This 3 BEDROOM 2.5 BATH single-family home in good
shape was:
 Appraised for $90,000
 Purchased for $40,000
 Repairs for $2,575
 Sold in 1 day for
$75,000
 Total Net Profit of
$31,615
(after sales cost and commissions)

10. Majic Holdings LLC
Management
Jim McDonough
Owner / Entrepreneur / Investor
•Dartmouth College ’72
•Real Estate Agent & Broker in
Hawaii 1986 to 2000 - GRI; CRS
CCIM candidate
•Director, Special Projects – William
McDonough + Partners;
Architecture and Community
Design – 1999 to 2012
•RE Investor – 2011 to Current
•Over 17 years of real estate sales
and investing experience
ALONG WITH A TEAM OF REALTORS and CONTRACTORS

11. Jim’s Track Record

12. Risks
 Economic Changes - Macro
 Property does not sell as
promptly as expected
 Volatile Market - Micro

13. Current Partnership Available
Minimum Investment Range
between $10,000 to $60,000
You can use your IRA
Your Initial Investment +
Preferred Rate of Return: 15%
per flip - if available

14. Distribution Upon Sale
For Example Only – Part 1
Purchase Price: $50,000
PLUS Repairs & Expenses:
$10,000
EQUALS Total Investment:
$60,000

15. Example, Part 2
Sale Price: $80,000
Net Profit: $20,000
YOUR PROFIT: $9,000 (15% of
$60,000 Total Invested)
You get 50% of the Net Profit
up to 15% of Your Total
Investment

16. Projected Schedule
Investment What if? What if? What if?
3 Flips
1 Flip per 2 Flips Per
$60,000 Per
Year Year
Year
Total
$9,000 $18,000 $27,000
Profit
Total
15% 30% 45%
Annual ROI

17.  Great Cash Flow Investment Benefits
 Highly Respectable Returns: 30 - 45% Annual ROI
 Short Time Frame for Capital Return: 120 - 180 days
 Investment Back by Property: Collateralized
Investment
 IRA Qualified
 Proven Business Model: Many homes in last 3 years
 Expert Management Team: 40+ years of real estate
experience
 1st Right of Acceptance for future homes

18. For More Information
Jim McDonough
Phone: 954 306 3586
- ask for Katie

19. Testimonials