– REAL ESTATE INVESTOR –
Expression of Interest

Address:                                                                    

Phone:                                                                                 Email:________________________________

Current Employment:__________________________________________________________________

Do you own your home?__________________________ Equity? $_____________________________

Current Value of RRSP’s?__________________________ Happy with Current Return?       Yes       No

To:

I’m interested in forming a joint venture with you for Investment Real Estate.  I have funds available, not to exceed ___________________________dollars for a suitable investment and where I will commit my money for a minimum initial period of not less than Five (5) years.

I understand and acknowledge the following:

1. This expression of interest is not to be construed as a solicitation of funds.

1. My expression of interest is just that:  it is not binding on either you or me and is not intended to create a legal relationship of any sort;

1. I am not committing to paying any funds to you or any third party;

1. Although you are under no obligation to do so, please keep me advised if suitable investment properties come to your attention.  I understand that as joint venturers, we each will have a personal financial interest in any such investment opportunity which is of interest to me,

1. In the event that you are able to introduce me to an investment opportunity which is of interest to me.

1.  I will be solely responsible for evaluation the merits of any such opportunity as well as its appropriateness to my specific financial circumstances; and

1. The decision whether or not to proceed with any such opportunity will be mine alone and I will not hold you responsible for that decision in any manner; and

1.  I will seek independent legal advice to review the joint venture process.

1.  I recognize that your time and efforts are valuable and I agree to promptly notify you in the event my interest or intentions change.

1. I will not sign any fraudulent legal document for the purpose of securing financing for real estate acquisitions.  We wish to work with institutions and brokers operating with a high standard of integrity.

Dated this ______________day of ___________________,  20______.

            Please provide responses to the following questions as openly and freely as you are able.  This will provide the framework for determining how compatible you are with our investing programs and which of those programs best suits your situation.

1.  If we were meeting five years from today and you were looking back over those five years, what must have happened both personally and professionally, for you to feel contented today with your progress?

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1.  What first hand real estate related experience do you have already?  Have you participated in the market?  What aspects of it?  And what size of deals have you been involved in?

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1. How “hands on” do you wish to be with the investment?  What decisions do you want to be a part of?
2.  Purchase decisions _____
3. Financing decisions _____
4. Property Management decisions_____

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1.  What is your primary focus in investing?  Are you seeking to become a sophisticated investor yourself, or do you simply need a good return on your dollars and are happy to let someone else manage the problems?

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1. What returns are you seeking?  Are you seeking cash flow per month and/or a solid Return on Investment on an annual basis?

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1.  How soon do you need to realize those returns?

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1. What, if any, are your expectations for monthly cash flow?

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1. What financial resources do you bring to the table?  How much money can you invest in a single project and what is your total investment capability?  Are you prepared to sign personal guarantees?  (This is a pre-requisite as lenders do not operate without guarantees)

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1.  Are the funds you are using cash, borrowed, line of credit or RSP funds.

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1. How available are your investment resources?  Are they readily available or, if not, how much notice will you require to access funds?

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1.  Is there someone in your life who will be participating in your decisions related to investments, and do you expect that person to be named as a beneficiary of the investment?

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1. What is your personal risk tolerance?

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1. Are you prepared to take action?  Or just wanting information?

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1. Do you know anyone else that may be interested in investing?

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1. Do you own any other investments, if so what does your portfolio consist of?

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1. What are your goals and how do they fit with Real Estate investing?

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Additional Comments:

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