Realty411 Magazine Feautring Memphis Invest | Page 24

True Wholesale Houses Offers Investors Security & Returns T ruly unique, truly amazing, truly one of a kind. True Wholesale Houses is different from ev- ery other investment company you’ve come across. Jay Hinrichs, managing owner of True Wholesale Houses is uniquely qualified to provide investors with top notch investment opportuni- ties that promise consistent returns. Hinrichs is both a licensed mortgage banker in the state of Oregon, and a licensed real estate broker in Cali- fornia, Oregon and Mississippi. Hinrichs shared his reasoning be- hind True Wholesale Houses’ cre- ation; “As a lender, back in 2008 and 2009, like every other lender at the time, we had foreclosure prob- lems, I looked at the model and said, ‘There’s gotta be a better way to protect the investors than just let- ting them go off on their own.’” Concerned about this trend, Hin- richs devised the current model that True Wholesale Houses follows: They provide professional invest- ment and property management experience that guarantees both the company and the investor yield substantial profits from their col- laboration. “We’ve combined my years of lending knowledge and my years of buying and owning rental proper- ties, and combined that knowledge into a hybrid model that gives the conservative investor, who’s look- ing for the utmost in protection and equity preservation, another avenue.” Hinrichs shares one key differ- ence between his company and most other investment companies: “At the end of the day, none of these investment companies have an own- ership interest in the property going forward, they’ve taken their profit Realty411Guide.com Rock-Bottom Prices, Secure Returns & Built-In Exit Strategy Step 1 True Wholesale Houses, LLC acquires a foreclosed or REO property Step 2 Partner Company, Portland Funding LLC makes a loan at True Wholesale Cost Creating Instant Equity Step 3 True Wholesale Houses does a complete Reha- bilitation of the property. Creating a problem and maintenance free property Step 4 True Wholesale Houses tenants the property creating instant cashflow Step 5 The investor buys the note from Portland Funding, gaining First Deed of Trust on the property, and a 50% equity position. Step 6 Monthly interest checks are sent to the investor Step 7 3 - 5 years later, TWH sells the property and investor gets 50% of the equity built, on top of the monthly returns from the cash flow generated by the tenants PAGE 24 • 2011 by Anita Cooper up front. Our profit is deferred un- til the property sells. And like the triple net lease, we offer the same thing – investors get their payment monthly, regardless of whether it’s rented or not. With this program investors never have a cash call and they don’t have to worry about any of the maintenance. True Wholesale Houses deals with all the manage- ment headaches associated of own- ing and managing an asset. Unlike other investment com- panies, Hinrichs says that at True Wholesale Houses, both the prop- erty manager and the rehabber are owners of the property. “Our guys on the ground are vested in the properties. They have an own- ership interest, and they too are working for the equity bonus when we sell these properties.” “Our ownership interest in the properties, assures investors that the assets are being managed to their highest potential for profit,” Hinrichs maintains. His forecast of the market is explained: “We be- lieve we’re in the middle of a ten year cycle, and that in 3 to 5 years we’re going to be coming out of that cycle and once we see a chance to sell our properties at a substan- tially higher amount than what the note values are, that’s when we’ll start to roll out of the properties, because that is where our big profit is lying.” There is steep learning curve for individuals who are exploring investing in real estate. According to Hinrichs, what True Wholesale Houses does is “mitigate the learn- ing curve, give a real return based on years of experience owning and renting rental properties, and giv- ing the utmost consideration to principal preservation. We’re not going to lose money. You’re invest- reWEALTHmag.com