We have three new projects working in the Dominican Republic.

Fractional Project:  We still have 150K available in this project where we are buying new villas and reselling as fraction units.  The projected cash on cash return over the next 12 months is two to one.  The cost to get in is $4,400.00 per point.

Commercial Building: We have just gone under contract to purchase a new beachfront commercial building with tenants with 5 year leases in place.  One of the tenants will be our Remax franchise which is relocating to this location.  The cost of the building is 500K and we expect to hold for five years and then sell.  Rental income after expenses will be distributed quarterly.  We expect the building to generate some 400K in gross rental income over the next 5 years.  At the current market run up we expect to sell the building in 5 years at around 1.2M.  Cost to get in the LLC acquiring the commercial building is $5,000.00 per point.

Restaurant:  We have just gone under contract to purchase an existing restaurant on the beach for $130 K. The business has existed for 5 years, has 8 years left on its lease, the seller who has managed the business is moving to France while his daughter, who has extensive restaurant experience in the DR is taking over the business.  She will manage and be a partner of the LLC.  Based upon current cash flow the business will return cash $480 K  over the next 8 years after expenses. Cost to buy in the LLC acquiring the business is $1,500.00 per point. 

 These LCC's are good for self directed IRA's also.

Stop worrying about the stock market and our financial meltdown.  Come have fun and make money on some of the most beautiful beaches in the world.