Home of FAREIG Automotive & FREI HOMES Rentals
Imagine a Master Bedroom, open and the freedom to move about. Two large walk-in closets, a balcony overlooking the green backyard area which has a beautiful blue pool with an attached spa, fire pit too.
Share a home with other roommates having ownership.
In this home you have rights to a Pool , Jacuzzi, Sauna, a built in Barbecue under a canopy with its own kitchenette, Pool Table, and a 35 Point Massage Chair topping it off, all sharing this living space with similar like minded people who have their own assigned room or set of rooms as their own living space and all sharing the common areas of the home.
Generally in almost all cases the Master Bedroom is the largest and will have its own private areas like a Master Bathroom and all the amenities, granite counter tops large jacuzzi tub with jets. Its own master bathroom shower area with shower jets as well.
Of course you have access to the rest of the house which is considered community zones or areas like the kitchen, the living room, entertainment areas, garages, pool & jacuzzi as well as any other areas used by anybody living in the home other than the private areas of the other tenants own assigned bedroom(s) whether it be a master bedroom or normal bedroom with or without it's own bathroom.
There is NO qualifying for a new bank loan, the buyer is solely qualified by the property owner of this project, saving time and money.
Since there is no new loan there is no down payment, zero, only an affordable purchase of a piece of the whole project.
There are no closing cost regarding a new loan, just cost pertaining to being added to the program as a party with a fractional percentage of the whole.
You are able to take your percentage of the mortgage interest deductions as well as your percentage of the property taxes paid. Mortgage principal is also reduced giving a higher equity in the property month after month.
You also get the benefit of appreciation of the property if applicable as per your percentage when the program is terminated. As a participant in the FHP Gold program, the property is protected from creditor judgments, tax liens, lawsuits, bankruptcy, probate, and legal claims of marital disputes by an ex-spouse of either party (resident or non resident).
The ability to enjoy Pride of Ownership whatever that means to you. No need to save for years just for a down payment, to then go through the trials of bank qualifying.
This is Resort Style Living.
Welcome to your new Home!
EXAMPLE: BASIC membership owns 22% Beneficial Interest : includes 190 square foot room located on the 1st floor. Great schools Nice people private Exclusive 4650 square feet of living area in total. Your bedroom space of 380 square feet makes this bedroom a delight with a beneficiary interest in the home and sharing the common areas of the home and backyard pool and BBQ.
EXAMPLE: GOLD membership with ownership of 18.2% Beneficial Interest : Your Swimming and having a great time here! Recently renovated. Enjoy the Property Tax & Mortgage Interest deductions included with membership in this room of 130 sq ft located on the 2nd floor with a home square footage of 3790 sharing the common areas of the house like this Theater room. All GOLD memberships have the opportunity to offset the monthly rent and utilities cost by having access to 4 real estate type side businesses. Any one of these businesses with 1 or 2 transactions per month will easily cover the cost and all can be operated from the comfort of your FHP GOLD membership rental.
FREI HOMES NOW HAS 4 TYPES OF REAL ESTATE INDUSTRY RELATED BUSINESS OPPORTUNITIES FOR OUR GOLD FHP MEMBERS:
1. FHP FOUND FUNDS PROGRAM Opportunities includes online training
2. FHP BASIC & GOLD PROGRAMS Opportunities includes online or live training
3. FHP AB BC Opportunity with EMD FUNDINGs for PROPERTY and NOTES includes training
The Basic FHP rental program includes ownership interest and benefits of like: mortgage interest and property tax personal income deductions, principal reduction and potentially increase in equity via appreciation as well as pride of ownership in addition to many other benefits from being an active FHP member.
The Gold FHP rental program includes all of the Basic FHP benefits and includes the opportunity to have a small side hustle business which all can be worked from home.
Any of the 4 programs listed above include the opportunity to offset your rent and utilities.
Performing just 1 small business side hustles above will pay for part or all of your rent and utilities bills for the month and potentially an additional revenue stream. Maybe more than the job/career you used to qualify for with FREI HOMES PRO rental program.
Our objective is not only to provide high value to our FHP RENTAL MEMBERS with only a space to lay there head for the month and the use of the walls and other amenities for a limited time, but to offer ownership interest in the entity we create which affords them the opportunity to have property taxes and Mortgage Interest deductions from their personal income taxes, Potential for equity appreciation, and increase in the equity due to principal reduction on the note(s). We also collect 20% of the homes value from all the tenant/owners combined upfront, split by their percentage of ownership interest desired which is based on the room(s) percentage of the total of all rooms square footages. This greatly reduced the up front cost of entry into home ownership. Example of $1,000,000 home with 5 bedrooms and sharing of the community areas of the home would be $40,000 dollars per room vrs the $200,000 in the traditional method, plus the monthly rental amount based on the persons desired choice of Basic FHP room or Gold FHP room. These are Basic FHP members. In addition we do not compete with our FHP rental member(s) by posting marketing materials for FREI HOMES LLC on social media sites. We want to give that opportunity to our members as their sole opportunity for their benefit.
In addition we also create a solid base of paying tenant/owners by offering much more value in addition to the above paragraph but also from providing additional means to pay for the months rent and utilities, off setting those cost from a multitude of business opportunities side hustles all of which can be done from the home and all of which are included in the price of the monthly rental. These are GOLD FHP members.