CityInvestors have teamed-up with BerkleyTRIO, a partnership of Property, Finance, Investment and contracting professionals from both sides of the Atlantic. By combining our talents, we offer clients great yields with an ethical edge. The program ‘recycles’ houses, turning foreclosed and uninhabitable houses into refurbished, clean, safe homes, and at the same time providing lower income 
families a higher quality of housing.
Our Detroit properties typically offer;
30% BMV
15% net yield after US tax, and management costs.
Hedge savings in dollars.
We have different schemes for different types of investors: As an example, we describe below a project designed for clients looking for a medium to long term investment, ideally 3 years plus. Due to our experience working with US banks, we are able to secure houses between 30 and 45% below CURRENT market value. This is NOT a discount from a developer that can’t sell his development or new homes that are ‘left over’ or failed to sell. All the properties are Foreclosures (Repossessions).
Summary
- 3yr + Investment strategy, ideally.
- Properties purchased 30%+ below CURRENT market Value.
- Independently appraised.
- GROSS Yields 30%+
- NET Yields 15%+ (net of management, US income and property tax, Insurance)
- Secure vetted Tenants by BTM and US govt.
- Secure rental payments as majority paid by US govt agency.
- Fully Managed and regularly Inspected Property.
- Michigan State has a severe housing shortage supplying an ample waiting list of Tenants.
- This is not an ‘off plan’ ‘holiday let’ or ‘new town’ development.
- This is a CASH investment
We are working with and assisting the Local Authorities with their housing problems, providing working families clean quality homes often in their own neighbourhoods, at prices that are affordable. Our aim is to help families, and therefore we concentrate our efforts in the 3, 4, 5 and 6 bedroom housing market. This avoids problems that can sometimes be associated with single or dual occupancy homes.
In return, our investors receive excellent yields with the additional benefit of knowing that they are contributing and assisting families, often not as fortunate as themselves, with the security of the Section 8 HCV program backed by the US government.
This project seeks to take advantage of the affordable housing program formally put in place by the US Department of Housing and Urban Development (HUD)operating nationwide. This particular scheme is in co-operation with the State of Michigan.
Our program is set to purchase and refurbish 5200 family homes in Michigan during 2009. Each of the refurbished properties will be let to local authority families under the Section 8 Housing Choice Voucher (HCV).
Investors will receive a NET Yield of 20%+, pre US income Tax, with equity of approx 30% per property.
Meet the City Investors Team.
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