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1) What are the criteria used by Select Capital Group (SCG) to establish a viable investment for its members?
Select Capital Group adheres to the following criteria and parameters:
• The investment falls under one of the following: Pre-Development, Pre
Construction, New Construction or Land.
• The investment must be located in an emerging market and provide at
least one, if not more, of the following benefits:
1. Tax Benefit
2. Positive Cash Flow
3. Built in Equity
4. Appreciation
• The Developer must have at least 10 years of prior experience and have a strong local presence.
• If
located within a subdivision, the number of investors allowed to
invest
in a specific subdivision
must be limited to between 10% to 25%.
(This
protects the integrity of
the neighborhood). Select Capital Group
does
not encourage our members to
purchase in neighborhoods that are
mostly “investor occupied.”
• Priced between
$99K to $350K (some exceptions may apply).
•
Most have either at least 25-50K built in equity or the estimated
monthly
rent will be approximately
1% of the purchase price.
2) Can Select Capital Group guarantee
I will make money?
As we are not financial advisors, nor
speculators, we can never guarantee our members will make money. While we
do the initial due diligence necessary to identify a feasible investment
opportunity, to determine builder’s legitimacy and expertise and conduct
business in the most ethical manner, it is the responsibility of all
members to perform their own due diligence and ultimately make the final
decision. We are not representing you and hence encourage you to consult
with your accountant on what’s right for your personal financial goals and
portfolio.
3) Am I required to use a particular
lender?
No, in the majority of cases you will not be required to
use a particular lender. Typically Select Capital Group and/or its
affiliates will recommend a lender for a specific project, but members are
welcome to use their own lender.
4) Do I have to buy a certain
number of properties if I join a conference call or attend a meeting?
No, there is no obligation to purchase a certain number of
properties. We encourage SCG members to attend conference calls without
any obligation.
5) What are the requirements for developers who would like to list their project with SCG?
The developer and project must meet all the requirements set forth in Question 1. For more info, call Brooke Johnsen at 310-460-9240.

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