TSG Realty under the leadership of Raul Sanchez De Varona operates four distinct divisions –Leasing Division, Retail Divisions, Acquisitions Division and Sales Division.
5. Ponce de Leon Architects was established by Arch. Carlos
Ponce de León in February 2004. The firm has already
worked in such countries as India, Sri Lanka, UAE and many
countries in South America, as well as the on-going flow of
projects mainly in Uruguay and Argentina.
TSG / Paragon Development is a joint venture formed in
2012 between two venerable South Florida real estate
firms, Paragon Group of South Florida and The Solution
Group with the vision of developing exceptional mid-
range priced residential ...
6. Located in Broward County, on SR441, between the Atlantic Ocean and Sawgrass Mills
Excellent access to the Florida Turnpike, I-95 and downtown Ft. Lauderdale through
Sunrise Boulevard.
Situated on a serene neighborhood in Lauderhill, Florida
LOCATION
3593 Northwest 13th Street,
Lauderhill, Florida, 33311
7. LOCATION
schools
. Broward Community College
. Florida Atlantic University
. Nova University
. Art Insttute of Fort Lauderdale
ART & ENTERTAINMENT
. Las Olas Blvd
. Fort Lauderdale Beach
. Hillcrest Golf and Country Club
. Fort Lauderdale Museum of Art
. Fort Lauderdale Historical Museum
. Museum of Discovery Science
BUSINESS
. Downtown Fort Lauderdale
. Business District
. American Express Call Center
. Moss & Associates
. Datacore Software
SHOPPING
. Pembroke Lakes Mall
. Broward Mall
. Fashion Square Marketplace
. Galleria at Fort Lauderdale
. Sawgrass Mills Mall
. Walmart
MEDICAL CENTERS
. Plantation General Hospital
. Florida Medical Center
. Westside Medical Center
9. TRANSPORTATION
7 minutes from the fort Lauderdale
airport.
30 Minutes from Downtown Miami
25 minutes from the Miami
International Airport
3 minutes from the Lauderhill mall
10. EXCLUSIVE AMENITIES
. Tennis Court
. Cricket Court (The only certified
by the International Cricket Council)
. Baseball Field
. Basketball Court
. Meeting Rooms
. Swimming Pool
13. RESIDENCE
TOWNHOME DESCRIPTION
Average Price $130/SQ. FT
58 Washington 2/2.5 1,335 Sq. Ft. Starting at $194,800 with a view/lot premium
30 Jefferson 3/2.5 1,489 Sq. Ft. Starting at $209,400 with a view/lot premium
30 Kennedy 3/2.5 1,684 Sq. Ft. Starting at $224,300 with a view/lot premium
Maintenance: $130 per month per home
Optional Wooden Deck: $15,000
16. DEPOSIT STRUCTURE
20% at the execution of the contract
20% upon commencement of construction
30% 60 days after second deposit
30% at closing
17. COMMO QUESTIONS
1. Which aspects differentiate Georgetown Community units from cassa at
Georgetown residences?
Essentially, differences are finishes and materials:
• Old houses are built with Chinese drywall and the new ones will have US
produced drywall.
• New houses will have porcelanato floors.
• Kitchen appliances will be stainless steel (similar quality to Whirlpool).
• Cabinets will be European design with full door, Italkraft doing cabinets.
2. cassa at Georgetown houses are going to be built with a Condo or a Lot & Block
structure?
Simple fee lot and block.
3. What is the building in front of cassa at GT?
An office building owned and operated by ATT.
18. COMMO QUESTIONS
4. What are the acres of cassa at Georgetown site?
Entire Georgetown is 32 acres.
5. Is home insurance cost included anywhere?
Refer to section 14 of the HOA documents for the insurance requirements. Each owner is required to carry individual
insurance.
6. Since the townhomes share a roof, what happens if there is roof damage and one of the units does not have
insurance?
Each TH is a fee simple property and is required by HOA docs to carry insurance for that very reason.
7. Do we have insurance quotes for windstorm and/or flood?
Flood not required. Don't have quotes but can get.
8. Are water expenses included in the HOA?
Each home will have its own water and electric meter and it is not included in HOA.
9. How is the roof on the townhomes?
Roof Shingle, there is no Top off on these townhomes. The roof is wood truss design.
10. Is there any developer fee?
A “development fee” equal to one and one half percent (1.5%) of the Purchase Price applies. See section 8.4 of the PSA
for
details on other closing costs.
11. Brief description of the rooms:
All master bedrooms will have their own private bathrooms fitted with modern plumbing fixtures and beautiful porcelain
flooring. The Kennedy model in particular will also feature a Jack and Jill bathroom connecting both secondary bedrooms.
All of the bedrooms at cassa at Georgetown will each have large windows to allow plenty of natural light along with plush
carpeting, wood closet doors and wire shelving for efficient use of the closets.
12. Is the outside construction of cassa at GT wood or vinyl ?
It is concrete block construction with hardi plank siding on top of block or stucco.
22. Located in Hollywood, FL. 11 minutes away from Fort Lauderdale International Airport
and 20 minutes from Miami Beach.
TSG Package of 37 lofts and 9 condo units with grand open spaces.
All units feature European style cabinetry in kitchens & baths, stainless steel appliances,
impact resistance windows, spacious terraces and individual roof top A/Cs.
The community includes lounge-style lobby, two landscaped pool areas, covered garage
and valet parking, fitness center and meeting
23. Hollywood Station, a TSG Opportunity
2100 Hollywood Blvd., Hollywood, FL 33020
Privileged location with proximity to Hollywood Beach
Walking distance to ArtsPark at Young Circle
Across the street from Hollywood Boulevard
24.
25. Average price: $250 Sq. Ft.
Prices between $238,500 and $380,500
6% SALES COMMISSION
Lofts
Total: 93
TSG Package: 37
Size: 954 - 1,460 Sq. Ft.
Average HOA's: $0.34 per Sq. Ft./month
Condo Units
Total: 214
TSG Package: 9
Size: 1,025 - 1,522 Sq. Ft.
Average HOA's: $0.52 per Sq. Ft./month
DESCRIPTION OF RESIDENCES
26. • Open spaces
• 12 feet ceilings (lofts)
• Impact resistance windows
• Spacious balconies and terraces
• Individual roof top A/Cs
• European style cabinetry in kitchens and baths
• Granite counter tops in kitchens
• Stainless steel appliances
• Washer and dryer
• Marble counter tops and back splash in bathrooms
• Marble floors
• Pre-wired for high speed internet
AMENITIES
• Lounge-style lobby
• Two landscaped pool areas
• Covered parking in lofts
• Valet parking in condo residences
• Fitness center
• Individual storage spaces
• Meeting rooms
RESIDENCE FEATURES
34. IPP - COMMON QUESTIONS
Price range of each property? From $ 69.000 to $ 190.000.
Annual cap rate offered 6% to 9.5%
Average property replacement value per square foot? $ 160 per square foot.
Is the return net or gross? Net, and expenses have been deducted from :
Your client start to receive the income from rent
After the closing date / deed of the property
Does the seller guarantee the rent?
No, we deliver the property with a lease for a year, if the tenant defaults
property management will begin an eviction lawsuit, which may take 60 to 90
days to evict the tenant, eviction costs run between $ 300 to $ 650.
What happens to the units in inventory that are not rented yet?
Income is guaranteed to the buyer until we get a tenant.
A: Property taxes-real estate taxes.
B: Maintenance and / or condo-HOA expense.
C: Property Management.
Prices NO negotiables
No minimun or maximun amout of investment
No finance
35. Could I find similar properties offered cheaper on Trulia or Zillow?
In most cases the sales price of properties on the market are not real.
When a property is in the process of a short sale the listing agent is
negotiating with the bank and doesn’t know which is the price the
bank will accept. In a lot of cases these properties have past due
HOA’s, which may vary greatly from one property to another.
Our properties are renovated and rented with a real price.
On the other hand, the process of buying short sale properties offers
the interested buyer a very low probability of success. Generally the
process is extremely cumbersome, with no response at times from the
bank and a final purchase price is unpredictable. Each property
generates multiple competing offers until the bank decides to counter-
offer, that’s in the event that it chooses to sell the property rather
than executing a legal action to re-possess it. So the possibility of
buying a property in the short sale process is usually very remote.
Our properties have a highly significant added value: With a defined
price, under lease, renovated, free of liens and contingencies,
generating high income from the day it closes, with the satisfaction of
enjoying a full property management service.
VS
36. PROPERTY MANAGEMENT
Am I obligated to use your Property Management ? No, the investor has the
option to choose the property management company he wants.
What is the cost of service of Property Management? What's included?
The management fee is $ 80 per month. It Includes collection of rent from the tenant,
payment of taxes and HOA, relationship management and communications with the
tenant, place repair orders and generate detailed reports that are sent monthly to the
owners .
Are the repair costs included in the $ 80 per month?
No, if the repair costs is less than $ 50 (depending on each individual lease) the cost is paid by
the tenant. For repairs between $ 51 and $ 300 it is paid by the owner for which
permission is not asked to perform the repair, it is automatically deducted from the
landlords account.
For expenses over $ 301, permission is requested from the landlord.
How many units, does property management manage? Approximately 400.
How many people work in the Property Management department?
9 people. 4 direct and 5 more indirectly.
What is the vacancy rate of Properties we manage? 2%
What type of tenant occupies your units? Our tenants are primarily working class.
37. PROPERTY MANAGEMENT
If the tenant does not renew the lease, who pays the broker’s commission?
Property Management is responsible for finding a new tenant. The owner pays a commission of
10% of the annual lease contract to the real estate agents involved (this is market consensus).
Can I buy the property in my personal name?
Yes, although not recommended for liability issues if the property is rented.
What type of company should I open to buy real estate in USA?
CORP or LLC companies are usually used, depending on each individual situation, we recommend
you speak to your accountant so that he can recommend the best option for you. If you don’t have
an accountant we can recommend one.
Can I use an offshore company? Yes, as long as an existing company is active in USA.
What happens to the current lease? Do we have to make another contract on
behalf of the new owner? No, on the closing day the closing agent will prepare a lease
transfer to the new owner.
Is the Title transferred over to the new owner or does the investment become
part of a fund? The title is transferred to the new owner.
Can I use my title company for closing? Yes, as long is a well recognized title company.
Who pays for the cost of the title search and title insurance? The buyer
Who owns the properties now? Different corporations
38. Purchase Contract and Expenditure
How much are closing costs?
R / Approximately 2% of the property value.
29.May I deposit the 10% down payment in my lawyers escrow account?
R / No, the escrow money must go to the sellers Law firm escrow account
30. Who pays the real estate commission, the buyer or seller? R / The seller as
standard.
31. Can I get money to publish an ad in a newspaper in my country and make
marketing for IPP? R / No, we need to see a commitment and sales before you invest
money in a specific sales group. The first thing a broker should do, is offer the
product to 3 or 4 people (friends and family), before starting a marketing plan.
32. Could I reserve units to sell?
R / No, the inventory is selling fast and we can’t have units reserved.
39. Acquisition Process
33.Can I the see properties inside?
R /We have model units to show investors and we show actual investment properties on the outside. We will show
the units on the inside after making the sales contract with a 10% deposit held in the Escrow Account of Galego
Law.
The buyer has 10 calendar days to inspect the property. During this period he can cancel the contract without
penalty.
34. Do I need to be present at closing?
R / No, the closing can be done by mail and e-mail.
35. Is there an interview with the condominium association?
R / In some cases, sometimes they accept interviews by telephone or via Skype.
36. What documentation is required by the association?
R / Copy of passport, proof of income, police report and a filled out and signed application.
37. What is the cost of applying to the condominium association?
R / Between $100 to $400
38. What’s the time frame to get the buyer approved by the association? R / 15 to 30 days
39. What do I have to show to my client in general and/or each property? R / A brochure with full financial
analysis, flyers and pictures of each properties.
41. EB-5 PROGRAM
The fifth employment-based preference Visa (EB-5) was created by
Congress in 1990. It serves immigrants seeking to enter the United
States by investing in a new commercial enterprise that will benefit
the U.S. economy and create at least 10 full-time jobs. EB-5
investments must either create a new commercial enterprise or
provide funding to a troubled business. Every year, the United
States Citizenship and Immigration Services (USCIS) allocates 10,000
Green Cards for this program. A Regional Center investment is an
alternative to applying directly as an EB-5 investor.
42. BENEFITS
The EB-5 Regional Center Program sets aside 3,000 Green Cards
each year for foreigners who invest in designated regional
centers such as Gold Coast Florida Regional Center (GCFRC) or
others which TSG has strategic alliances. In addition, the
Regional Center program is one of the most flexible immigrant
investor initiatives in the world. Its atributes include:
* No language requirement
* No minimum education requirement
* No business or management experience requirement
* No quota backlogs (there are multi-year backlogs for many employment and
family-based green card
categories, but there is no quota backlog for the EB-5 investor category)
* No sponsor needed (foreign investors use their own personal funds and do not
require sponsorship from
either an employer or a family member)
* Investment capital can come from a gift, inheritance, business ownership or any
other lawful activity
* Investors are not required to manage their investment on a daily basis so they
may pursue other professional
and personal ventures
43. ELIGIBILITY REQUIREMENTS
According to the USCIS, the requirements for applying for an EB-5 visa directly by
investing in a New Business Enterprise are:
1. Invest or be in the process of investing at least $1,000,000. If your investment is in a designated Targeted
Employment Area (see FAQS for definition) then the minimum investment requirement is $500,000;
2. Benefit the U.S. economy by providing goods or services to U.S. markets.
3. Create full-time employment for at least 10 U.S. workers. This includes U.S. citizens, Green Card holders (lawful
permanent residents) and other individuals lawfully authorized to work in the U.S. (however it does not include
you, the immigrant, or your spouse, sons or daughters).
4. Be involved in the day-to-day management of the new business or directly manage it through formulating
business policy - for example as a corporate officer or board member.
However, if the application is made through a Regional Center, the requirements are:
1. Invest at least $1 million (or $500,000 if the regional center is in a targeted employ ment area) in a regional
center
that is affiliated with a new commercial enterprise or a troubled business.
2. Create at least 10 new full-time jobs either directly or indirectly through the capital investment.
44. Thank you for your time
Question, request and comments please contac me:
Nombre del Agente
Agente asociado
C: 786-975-6951
carolina@thesolutiongroup.net
