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Unlock High-Return Real Estate Investments
Unlock High-Return Real Estate Investments with a Trusted Partner. A complete hands-off experience. We specialize in identifying prime lots and building high-quality homes that maximize resale value. Join us in capitalizing on the thriving real estate market. Get the details below. At The Tylock Group, we bridge the gap between strategic land acquisition and top-tier construction. With years of experience in real estate, we offer investors an unparalleled opportunity to profit from carefully selected properties. Our process is transparent, efficient, hands off, and designed to deliver strong returns. About Me Since beginning my real estate career in 2015, I've successfully closed over $100 million in sales volume, consistently delivering results that exceed expectations. My passion for identifying prime real estate opportunities has led me to spearhead 15 successful development projects. These projects were not only built to the highest standards but also strategically resold/rented, generating significant returns. How It Works Drawing on this extensive experience, I am now offering a unique service to investors. My role is to identify and secure prime lots with exceptional potential. Then build high quality homes to resell. This turnkey solution is designed to provide investors with attractive returns while benefiting from my proven track record and deep knowledge of the real estate market. I'm basically pulling back the curtains on a system that has worked for me for years and offering it to qualified investors. Lot Identification I will begin by identifying a prime lot(s) with high potential for development and resale. Consultation with Builder and Architect Once a suitable lot is identified, we will meet with my builder Casey Tylock (my brother) and architect to develop a set of plans that are both desirable and marketable. Cost Analysis We will then analyze the construction costs and overall project budget to ensure the numbers align with your financial goals. Construction cost will be at our cost with a builder's fee added to it for full transparency. No cost plus, just a flat fee to avoid confusion. Comparable Market Analysis I will conduct a comparable market analysis showing you how I arrived at the recommended sales price so we can calculate your return. Lot Acquisition If the cost analysis and ROI is favorable, we will proceed with purchasing the lot using the investor's funds. You will own the lot! Construction The approved plans will be executed, and construction will begin, with oversight to ensure quality and timely completion. The builder will handle the entire build out from start to finish. Materials, scheduling, and subcontractors will all be ordered and supervised by the builder. You will have access to our system to observe current cost and copies of invoices to ensure the numbers are on track with our pre-construction analysis. Draw request are usually done 5 or 6 times throughout the building process. Property Resale Once construction is complete, I will leverage my real estate expertise to resell the property, aiming to maximize the return on investment. This process ensures that each step is carefully managed to optimize both the development and resale value, ultimately providing a solid return for the investor completely hands off for them! The investor's only responsibility is to fund the entire project from start to finish. After helping over 400 families throughout the last 10 years buy and sell their property. I intimately understand what buyers desire when shopping for the perfect home. This has allowed me to really look deep into a set of floor plans to make sure it checks all the boxes and making the necessary changes that will make the home more desirable. Which significantly increases the chances of selling the home in a timely manner for the highest possible price! FAQ Section Q: What kind of returns can I expect? A: While returns can vary based on the project, our investors typically see 12% ROI. We can provide detailed projections during our consultation. I have a few examples below of actual deals we have done to give you a better idea. Q: How long does a typical project take? A: From lot acquisition to Completed construction, our projects usually span 6 months. We provide regular updates throughout the process to keep you informed. Q: What has been the average cost per square foot to build? A: This can vary greatly depending on the features of the home. But on some recent projects with the sale price of around $450,000, our build cost is about $130psf without the land. Q: What are the requirements to become an investor. A: Must provide a proof of funds letter from your bank or a pre-approval from a lender. Minimum of $100,000 in liquid assets. Q: If I need to get a loan, do you have lenders willing to provide this type of financing? A: Yes, there's several banks I've built relationships with over the years that are familiar with all of my past projects. With them being so involved in my past projects they are well aware that I'm utilizing the exact same framework that has worked for me so many times, I'm just doing it for an investor. This greatly increases your chances of getting approved when they know they have some one like myself guiding the process. Rest assured, any deal I present to you is one that I would confidently undertake myself. These banks understand that and I know what they look for. Q: How do I keep track of the cost of the project? A: Before the project begins we will give you access to our Google sheets. One column shows the pre-construction quote line by line. As the project moves along the second column will be filled in with actual cost. This will allow us to quickly identify if something came in over or under budget. This allows us to pivot on another section of the house where we have the opportunity to save costs or add another feature to the home if we see we are under budget. All of our projects have come within 2% of the pre-construction quote. With some actually being below the pre-construction quote. Q: How are we paid? A: I get paid through my Realtor fee when the home actually sells. This ensures I will be with you every step of the way. That fee is a total of 4.5% of the sales price. The Builders fee is a flat fee and is normally determined once we have an understanding of the project and what's being built. But to give you an idea, the two you'll see below (403 Sanctuary and 104 Yorkshire) on the next section, had a $20,000 flat fee to the builder. Q: Who's responsible for maintaining the home after its complete? A: You will be responsible for maintaining the yard/landscapping and keeping the utilities turned on so the home is presentable to prospective buyers. Q: May I use someone outside of The Tylock Group to complete a project? A: We prefer you allow us to use the people we normally work with. Our architect, builder, Realtor and designer have all worked on numerous projects together and we feel this is the best way to increase your chances of success. Q: What if I already own some land, can we still build on it? A: Absolutely, if you already own a piece of property and want to build a spec house to resell. You've eliminated one step of the process and we can still offer everything else. Q: Why must I have $100,000 in liquid assets? A: Just like most investments, there is a risk. In the case this home does not sell in a timely fashion. We want to make sure the investor has the financial means to cover the holding cost and cost to maintain the home until it sells. Q: What would you say the average price range is for the homes you build to sell and why? A: As of right now our projects are in the $400,000+ range. Anything lower the numbers start to get too tight. But we are considering all price ranges as long as it makes sense. Completed Projects Explore our past developments to see the quality of work we deliver. Each project showcases our commitment to excellence and our ability to generate strong returns for our investors. All photos of current and past projects will be shared while we are both qualifying each other to make sure we are a good fit. You will also be able to tour our current projects so you can see first hand our quality of work. 104 Yorkshire Cir. 106 Beth Ln 337 St. Mathias 101 C Cezanne Current Projects Stay updated on our latest developments. These projects represent our ongoing commitment to identifying and capitalizing on the best real estate opportunities available. 403 Sanctuary 303 Crooked Stick 303 Decatur
Why You Should Now Hire a Buyers’ Agent BEFORE You Find a House You Want to See in Person
Home buyers are often more focused on finding the perfect home to buy than they are on finding an agent to help them through the process. It makes sense, since most buyers casually begin searching for houses online months, if not years, ahead of when they’ll actually purchase one. But eventually, you see a house online that you’d like to go see in person… In the past, you could just call an agent you’ve worked with in the past, or someone a friend or family member recommended (or even an agent you don’t know at all). Most agents would gladly show you the house with no strings attached, and wouldn’t ask you to sign an agreement to work with them. However, starting on August 17, 2024, you’ll be required to sign a written agreement with an agent before they’re allowed to show you even a single home. Considering this isn’t something the majority of agents have required in most areas of the country for almost the entire history of real estate, this might come across as a big ask when an agent asks you to do so. So, it’s certainly understandable if some buyers are concerned or hesitant about signing on the dotted line with an agent, just to see inside a house. But rather than getting upset with this new requirement, let’s take a look at how it might actually make your home buying experience better. You Can Just Sign a One-Time Showing Agreement, But… One of the main reasons why buyers might hesitate to sign a written agreement to work with an agent is because they don’t want to commit to one they’re not sure they even want to work with. The good news is, you can sign an agreement to see a single house, and you’re really only committing to that agent if you happen to buy that particular house. You could literally do that with a different agent for every single house you want to see. But while you can take that approach, here are a few reasons why it’s not the best way to go about buying a house: It’s entirely possible that you could meet an agent and trust them immediately. But trust is something that often develops over time and experience working with an agent. The more trust you have with the person who is about to help you make what is likely one of the largest purchases of your life, the better. Working with a different agent on every house you want to see isn’t going to give you a lot of time or opportunity to build that trust. It helps to have an agent who knows what you like and don’t like about the houses you’ve seen in the past, and what you’ve been through during the process. It’s extremely difficult for an agent to give you the best insight and advice, based upon your personal needs, if they haven’t been with you throughout the process. It puts more emphasis on the house you want to see, than the agent you’re about to hire. Yes, the house matters! But if you’re more focused on whether or not you like a house, it makes it difficult to truly assess whether an agent is the best one to hire. You’re Better off Choosing One Agent to Work With Ahead of Time It’s always been a good idea to put as much emphasis on the agent you’re working with, as finding the perfect home to buy. But now that you’re required to sign an agreement with one to even see a single house, you might want to put more time and thought into who you want helping you navigate the process, representing your best interests, and negotiating the best price and terms for you. Here are a few tips for finding and hiring the best buyers’ agent: Contact an agent as early on in the process as possible. As soon as you find yourself browsing listings online, start thinking about the agent you’ll want to work with as well. Ask how much experience they have, and what sets them apart from any other Realtor in the area? It's very important to make sure you have a competent and attentive agent representing you considering this is such a huge decision. If there’s an agent you know and trust, reach out to them no matter how early on in the process you are. Don’t think you’re bothering them, or that they’re too busy. They’ll be glad to help you way before you’re actually ready to buy. They’ll also be glad to answer any questions you have about the new agreements. If you don’t know an agent, ask friends and family for their recommendations and contact as many as you need to until you find one that you want to hire. As soon as you decide on the agent you want representing you, ask them for a copy of their agreement, review it, and ask them any questions you have about it, and sign it once you understand and agree to the terms. The Takeaway Starting August 17, 2024, home buyers will need to sign a written agreement with a real estate agent before seeing any houses. While you can sign a one-time agreement for a single showing, it’s smarter to choose an agent early on and build a trusting relationship. This way, the agent can better understand your needs and guide you through the process, ensuring you get the best advice and representation. So, don’t just focus on finding the perfect house… put some thought into finding the perfect agent, too!
Modera Place Townhomes Youngsville/Broussard!
CONSTRUCTION HAS STARTED! Modera Place is located in between Youngsville and the city of Broussard. So this puts this development in the middle of two of the fastest growing cities in Louisiana. Moreover, these townhouses are situated along Ambassador Caffery Extension, which boasts a significant amount of new commercial land for sale. Given the preference for convenience, it is only a matter of time before these townhouses benefit from increasing property values and a rising demand for modern, well designed housing options that offer easy maintenance. Each townhouse will be *ENERGY STAR RATED* and have a small fenced in backyard and astroturf in the front yard for a nearly hands-off experience for the new homeowner. With its close proximity to major highways and the city of Lafayette, commuting to work or exploring the surrounding areas is a breeze. Just in the immediate area, Fat Pat's Bar and Grill and Market Eatz are practically within walking distance of this development! These townhomes also offer a bit more living square footage than your typical townhome sitting at 1,760 sq ft and will have 10 foot ceilings down stairs with 12 foot cathedral ceilings in the master bedroom upstairs! Another nice feature is the master suite will have a separate tub and shower with a large master closet with a built-in dresser!! If you're afraid your truck won't fit? No worries, these townhomes will have 8 foot garage doors and the garage will be almost 13 feet wide by 22 feet long! You also won't have to worry about your window treatment, stove, dishwasher, or microwave because this will all be included in the sale. Breaking ground August 1st and will take between 5 and 6 months to build the first 10 units! Zoned for City of Broussard which means, NO city tax! So your mortgage payment will be less expensive! 425 Heart D Farm Rd. Youngsville, LA 70592 3 bed, 2.5 bath, 1,760sqft - $339,000. Ask about our special financing options and buyer incentives!! Rates as low as 5.99% with closing cost assistance for qualified buyers!! !! Now Accepting Deposits !! Paul Tylock EXP Realty Call/text 337-654-0569