Cash Flow Properties Provide A Secure Alternative To Stock Market Investing
As macro forces such as politics, economy, and regulation determine stock prices and render traditional methods of evaluating stocks futile, cash flow positive properties provide a safe, secure, and consistent income. One company that has been successful at generating high returns of 16-20% with cash flow properties is New Jersey based First Fidelity Homes.
First Fidelity is able to generate these high returns by buying properties in bulk directly from banks and government institutions at a very low cost. Rather than fix and rent these properties, which is very management intensive, First Fidelity employs the contract for deed model. “When we first started exploring buying and renting homes in various cities and states, this multi asset, multi city model looked great on paper, but it just was not practical,” explains Farouk Sheikh, CEO of First Fidelity. “It is very difficult to do scattered site rentals. Once we understood the contract for deed model however it started making sense that this was a more sustainable model.”
During the term of the contract, the occupant buyer is entitled to possession of the real estate and is usually required to keep the property insured, pay the real estate taxes and maintain the property. The monthly payments of the occupant buyers are structured to be lower than market rent in the area which provides a stable occupant. First Fidelity’s investment strategy eliminates management related issues since there is no landlording and no maintenance involved like traditional rentals.
After successfully generating high returns with cash flow properties for its select group of private investors, First Fidelity re-opens its investment program to qualified investors. For more information on First Fidelity’s investment program, please visit http://www.firstfidelityhomes.com/ProgramOverview.
About First Fidelity Homes
First Fidelity Homes is a socially responsible real estate firm headquartered in New Jersey that offers cash flow properties at a discount to investors. The firm has been involved in over 250 bank owned real estate transactions. First Fidelity offers cash flowing bank foreclosures for sale across the U.S. in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Maine, Michigan, Mississippi, Missouri, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, and Wisconsin.
- Contact Information
- Jonathan Olaso
- VP Investor Relations
- First Fidelity Homes
- Contact via E-mail
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