Article: Investors Are Looking to
Buy Homes by the Thousands (NY Times)
Article: Insight: The Wall Street gold rush in foreclosed homes (Reuters)
Article: U.S. home market pulls in more Chinese buyers (USA Today)
David Zussman talks about making money with the Distressed Realty Fund. What's Up Orange County is hosted by Scott D. Stewart and broadcast on Time Warner, Cox Communications and KDOC.
Warren Buffet talks about investing in single family home over stocks.
General World Economic Report, 4th Quarter 2011, January 25,2011
General World Economic Report, 3rd Quarter 2011, October 25,2011
Click to view photos and current financial data of properties
purchased by the Yield & Profit Lien Fund I, LLC
The Yield & Profit Lien Fund I, LLCIf you are interested in receiving the investment information and you are a California Accredited Investor, please click to access the Suitablity Agreement Please click here to download our 8-page color brochure. Please click here to view 33 pictures of properties that our first managed distressed property fund ( R E Tax Lien Fund ) purchased. All pictures below of properties are generic and do not represent any actual tax lien properties.
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THE YIELD & PROFIT LIEN FUND I, LLC IS OFFERED IN 2008 ONLY TO ACCREDITED INVESTORS WHO ARE THE RESIDENT OF THE STATE OF CALIFORNIA.ARE YOU TIRED OF THE DAILY FINANCIAL ROLLER COASTER OF THE STOCK AND BOND MARKETS?DOES THE MELTDOWN OF THE HIGHLY LEVERAGED FINANCIAL SYSTEM SCARE YOU?WOULD YOU LIKE A SOLID, VERY LOW RISK AND DEPENDABLE 7% INTEREST INCOME PER YEAR, (PAID QUARTERLY) PLUS A SPLIT OF THE NET PROFITS EACH YEAR?THEN YOU MAY BE INTERESTED IN THE YIELD & PROFIT LIEN FUND I, LLC, A PRIVATE PLACEMENT OFFERING.THE AGGREGATE FUND OFFERING AMOUNT IS $3,000,000.THE MINIMUM INVESTMENT AMOUNT IS $25,000.Tax liens and tax deeds and redeemable tax deeds are sold by county governments because they must raise the short fall of the property tax money needed to run the schools, pay the police & fire departments and service the county. The yearly total amount of unpaid property taxes is approximately $6 to $10 billion. There are approximately 5 to 7 million properties each year where the property owner doesn't pay the property tax on time. The counties sell the unpaid property tax liens, tax deeds, redeemable tax deeds, assignments and foreclosure properties to investors. This Fund will purchase approximately 1,000 properties, having a total assessor's property value of approximately $100 to $200 million. This Fund will purchase (first priority) tax lien certificates, tax deeds, and redeemable tax deeds at the annual county held auctions at the courthouse steps. The Fund only deals with the county treasurer. The tax lien controls the entire property including the land & dwellings until it is redeemed or foreclosed on. The Fund also purchases foreclosure distressed properties at auction from federal, state, county, and city governments, and from lenders. Most liens purchased, cost between 1 and 2% of the county's assessed value of the property. All properties are purchased at auctions. LIENS, DEEDS, REDEEMABLE DEEDS, AND FORECLUSURE PROPERTIES ARE SOLD FOR PENNIES ON THE DOLLAR.Liens are redeemed approximately 95% of the time by the property owner / heirs or the lender. The redemption of each lien must be completed within the state's set time of 1, 2 or 3 years. When the lien is redeemed, the Fund receives the original purchase price plus the earned interest and/or earned penalty and the legal expenses. Approximately 3 to 5% of all purchased liens will not redeem. These liens are usually foreclosed on. The acquired property will be sold at the market price by a local realtor and the net profits are split. Some properties may be rented until sold. The foreclosed, distressed properties acquired by the Yield Fund are also purchased at auction. Many of the properties are sold in "AS-IS" condition at market. The better and more valuable properties may be renovated first and then sold at market. The Yield Fund acquires foreclosed properties with the expectation of making a 50% or higher net profit per property when they are sold. Access the Suitablity Agreement YIELD & PROFIT LIEN FUND I, LLC
Co-Chairman & Legal Counsel is Steve Verchick J D. His cell number is 818.425.8100 The Verchick family has lived in the San Fernando Valley for 36 years. Upon contact, a disclosure statement will be delivered to prospective purchasers, and no sales will be made or commitment to purchase accepted until the (5) business days after delivery of a disclosure accepted. An indication of interest made by a prospective purchaser involves no obligation or commitment of any kind.
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