Investment Opportunity

Dear North Hill,

We all know that the best time to invest in real estate is when the market is down. The market has not been performing satisfactorily for years now. Many people are tired of the ups and downs of the market and would like to have a steady return on a secure investment that is backed by real estate. However many investors do not have time or desire to deal with the complexities and headaches of owning and managing real estate. I would like to suggest a better alternative than having to do it yourself. I have been redeveloping the western border of the North Hill Historical Preservation District for the last 10 years. I have 32 historical homes and out of those homes I have 47 rentable units. I have at least 10 more properties in my target area that I want to buy fix up and put into the Historical Dream Cottage inventory. I have been developing a win win system for potential investors to team up with me on my neighborhood re-development project. Everyone knows the bank makes a steady rate of return on their investment without putting forth any of the work required to develop, manage and maintain the real estate properties it holds the mortgages on. I am looking for investors that would like to be the bank. I can also work out of an investors self directed IRA. That way the investors are at arms length from the investment and you get to grow your investment money tax deferred. This is great for the investor because they can have real estate backed investments that pays a steady return without having to worrying about paying property taxes, insurance, dealing with dead beat tenants, or getting the Saturday and Sunday calls when someone's heat or AC goes out. We have a corner on the market because no one else has this many beautifully restored "Historical Dream Cottages" all together in one neighborhood that are conveniently located in the Historical Preservation District area only 3 or 4 minutes from all the restaurants and cultural activities in Beautiful Downtown Pensacola. Plus we keep the properties up, we screen the tenants so we get top quality renters. People know about us because we have been developing the neighborhood for the last decade. We have a team in place consisting of maintenance people, yard people, cleaning people an office manager and a real estate lawyer already in place. We have already developed systems for rent tracking, rent collection, escrow accounts, deposit accounts, and we have a fine tuned lease that helps us get our rent on time. Plus the best part of playing the bank is if the place is not rented you still get your mortgage payment every month. So we have all the bugs worked out and now we are offering opportunities for investors to be able to invest with confidence with a time proven system that has survived not only Hurricane Ivan but the market crash as well. I would love to take you on a tour of what we have accomplished thus far and the houses that we want to procure and add to the system. For a quick peek you can see all "Historical Dream Cottages" at www.pensacoladreamcottages.com Go to the before and after slide show so you can see what we can really do. Please also feel free to call me at 850.516.5511

Sincerely,

David A. Everritt, Owner
Pensacola Historical Dream Cottages