Real Estate Investor Magazine South Africa March 2016 | Page 61

US’s ‘Sun states’, which include Florida, Arizona and Georgia. Strategic asset allocation is another reason to invest offshore and the Florida market is one of those prime markets in the US. Schultz goes onto say, “Investors are sharing in developer profits and it’s essentially the top of the real estate food chain. PPG and our investors are essentially the developers of these homes.” At the price point starting from $140,000 there is relative protection from adverse market conditions such as sudden rises in interest rates and declining market conditions, allowing investors prime returns on their property. Schultz has a well-rounded background in real estate investment, both locally and abroad, and understands investor’s needs for proper offshore structures. The US regulatory environment allows for quicker construction turnaround, shortened transfer process and favourable tax breaks for investors. www.reimag.co.za We have added multiple layers of protection such as an LLC structure to hold title deed. There is a draw schedule paid to the builder only once there is a signoff from independent appraisers for each phase. The turnaround is 150 days a new build with an additional 30 days for escrow and contract. With a 180-day total turnaround PPG can turn new 2 new builds per year with investor’s funds. There are basically two profit share options: 1. Profits are split 60/40 in favour of investor per build 2. PPG issue a 20% preference share certificate with 12-month duration more for the conservative investor. For more info contact Devon Brough on [phone] or email [email protected] RESOURCES Prime Property Global MARCH 2016 SA Real Estate Investor 59