Service Description

Step 1: Purpose and Structure of the Partnership Objective: Acquire, remodel, and sell properties for profit. Structure: Modern Homes manages property identification, acquisition, and renovation; the Investor finances these activities. Step 2: Financial Contributions and Returns Investor’s Contribution: Funds for property purchase and remodeling costs. Return on Investment: Investor receives 25% of net profit or a minimum 7% yearly interest if profits fall short. Step 3: Security and Collateral Collateral: Property acts as collateral. The Investor may claim ownership if the property isn't sold within agreed terms. Step 4: Project Timeline Duration: 3 to 8 months from purchase to sale. Milestones: Property acquisition in the first month, remodeling in the next 1-4 months, sale in the final month. Step 5: Roles and Responsibilities Modern Homes: Identifies and purchases properties, manages remodeling, markets, and sells them. Investor: Provides funds and approves property and remodeling plans. Step 6: Legal and Compliance Compliance: Ensure remodeling complies with local laws. Legal Framework: Define dispute resolution and exit strategies. Step 7: Documentation and Reporting Reporting: Monthly updates and financial reports from Modern Homes. Documentation: Records of all transactions and work provided to both parties. Step 8: Agreement Signing and Initiation Signing: Review and sign the agreement before any transactions. Initiation: Investor funds the first property upon signing.

Contact Details

• 4135 W Bell Dr, Las Vegas, NV 89118, USA

  123-456-7890

  info@mysite.com