Drew Chance - Personal Brochure

Islander Properties Recent Investment Properties

ISLANDER PRO PE RTI E S MANAGEMENT TEAM

PREVIOUS 24 MONTH INVESTMENT NUMBERS TOTAL ASSETS SOLD

23

AVERAGE ASSET DAYS HELD

CURRENT ASSETS UNDER MANAGEMENT

7

CURRENT NET ASSET VALUE (NAV) AS OF 04.01.18

116

$4,180,000

DREW CHANCE, MANAGING MEMBER/REAL ESTATE BROKER Drew has been a real estate investor since 2010, a CA licensed real estate agent since 2012, and a CA licensed real estate broker since 2017. He is the managing member of Islander Properties, LLC. Over his career he has represented a number of real estate investors throughout San Diego County and Southern California, totaling over 150 real estate transactions. His expertise lies in property valuation prior to purchase, design and construction management, and marketing properties for maximum price upon exit. Drew Chance owns his own Real Estate Brokerage, DC Realty Partners, based in Coronado, CA.

CHRIS McKANRY, ACQUISITIONS MANAGER Chris has been a lifelong real estate investor. As a teenager, he worked for his Dad who was buying, renovating, and selling real estate before it was “the thing to do.” After high school, he majored in Finance at the University of Missouri and then received his MBA in finance from Webster University in St. Louis. He has an extensive career in mortgage lending, commercial real estate sales, and residential real estate investing. He has owned/partnered and managed hundreds of properties in his career. His expertise is in finance and investment structure, identifying investment opportunities, and construction management.

CONTACT Drew Chance | Managing Member CalBRE#01913042 DrewChance619@gmail.com 619-962-5976 IslanderPropertiesLLC.com

Chris Mckanry | Acquisitions Manager Cmckanry@gmail.com 619-384-8546

@IslanderPropertiesLLC

@IslanderProps

I SLANDER PRO PE RTI E S FEATURED PROPERTY 1087 7TH STREET | IMPERIAL BEACH ACQUISITION DATE

DISPOSITION DATE

DAYS HELD

NET ACQUISITION PRICE

NET SALES PRICE

07/21/16

10/7/16

78

$424,000

$589,000

RENO COST

CLOSING COSTS

PROFIT

CASH ON CASH %

ROI%

$45,000

$26,505

$93,495

19.93%

93.29%

BEFORE

AFTER

1087 7TH STREET, IMPERIAL BEACH | 91932

4 BR

3 BA

1,729

1087 7th Street in Imperial Beach was a bread-and-butter flip for Islander Properties. Purchased, renovated, and sold within 78 days. As cosmetic a renovation as could be: fresh paint on the inside and outside, quartz countertops in kitchen and bathrooms, resurfaced and painted cabinets, installed laminate wood floors in the living areas, and new carpet in bedrooms, new baseboards, hardware on doors, new lighting fixtures, and professional landscaping. Purchased for $424,000 and resold for $589,000!

ISLAND E R PRO PE RTI E S RE C E NT PROJE CTS

1033 Loma Portal Drive, El Cajon | 92021 4 BR

3 BA

2,282

Purchase Price

Sale Price

Renovation

Profit

ROI

$518,000

$680,000

$78,000

$53,400

30%

731 Oneonta Street, Imperial Beach | 91932 4 BR

3 BA

1,861

Purchase Price

Sale Price

Renovation

Profit

ROI

$500,000

$675,000

$84,000

$58,625

24%

I S L ANDER PROPERTIES REC E NT SALES CURRENT INVENTORY STATUS

DAYS HELD

NET ACQUISITION PRICE

RENO ESTIMATE

TOTAL INVESTMENT

RESALE VALUE ESTIMATE (NAV)

Sale Pending

315

$170,000

$30,000

$200,000

$225,000

8446 Via Sonoma #96, La Jolla

Active

185

$412,000

$60,000

$472,000

$585,000

548 Jewell Dr, San Diego

Reno

174

$182,000

$140,000

$322,000

$475,000

9607 Marilla, Lakeside

Reno

134

$235,000

$190,000

$425,000

$595,000

13007 Seiler St, Poway

Active

35

$505,000

$45,000

$550,000

$665,000

6113 Skyline Dr, San Diego

Reno

21

$300,000

$65,000

$365,000

$460,000

312 J Ave, Coronado

Reno

17

$840,000

$140,000

$980,000

$1,175,000

126

$2,644,000

$670,000

$3,314,000

$4,180,000

ADDRESS 17264 Ron Ct. Elwood, IL

Totals/Averages

CLOSED INVENTORY DAYS HELD

NET ACQUISITION PRICE

RENO COST

TOTAL INVESTMENT

SALES PRICE

13651 E Lakeview, Lakeside

Closed

113

$343,000

$65,000

$408,000

$470,000

3949 El Canto, Spring Valley

Closed

90

$389,000

$50,000

$439,000

$509,000

732 Banyan, San Marcos

Closed

96

$590,000

$25,000

$615,000

$733,000

4101 E Plaza Blvd, National City

Closed

91

$272,000

$48,000

$320,000

$382,000

320 E Millan, Chula Vista

Closed

98

$388,000

$55,000

$443,000

$525,000

763 Puerto Oro, Oceanside

Closed

46

$475,000

$1,500

$476,500

$515,000

11086 Cedarcrest Way, San Diego

Closed

107

$736,500

$55,000

$791,500

$885,000

8545 Fresno Ave. La Mesa

Closed

124

$336,000

$60,000

$396,000

$450,000

622 64th St, San Diego

Closed

133

$264,000

$75,000

$339,000

$431,000

32610 Womsi Rd, Pauma Valley

Closed

56

$211,000

$4,000

$215,000

$310,000

1087 7th St, Imperial Beach

Closed

78

$424,000

$45,000

$469,000

$589,000

18 Prospect Ct, Chula Vista

Closed

93

$355,000

$60,000

$415,000

$485,000

7276 Hamlet Ct, San Diego

Closed

187

$532,000

$110,000

$642,000

$732,500

4457 Toni Ln, La Mesa

Closed

191

$444,000

$55,000

$499,000

$557,500

12706 Cijon St, San Diego

Closed

152

$549,000

$97,000

$646,000

$753,000

4879-4881 35th St, San Diego

Closed

36

$582,000

$7,000

$589,000

$675,000

1033 Loma Portal, El Cajon

Closed

110

$518,000

$78,000

$596,000

$680,000

731 Oneonta St, Imperial Beach

Closed

79

$502,000

$84,000

$586,000

$675,000

2541 Haller St, San Diego

Closed

422

$330,000

$155,000

$485,000

$595,000

1905 Cantamar, Imperial Beach

Closed

117

$361,000

$41,000

$402,000

$479,000

31 Connoley Cir, Chula Vista

Closed

90

$285,000

$45,000

$330,000

$410,000

1111 9th St, Imperial Beach

Closed

215

$465,000

$45,000

$510,000

$565,000

635 Encinitas Ave, San Diego

Closed

136

$363,000

$10,000

$373,000

$432,000

6220 Cumberland St, San Diego

Closed

148

$350,000

$65,000

$415,000

$473,000

125

$10,064,500

Totals

$11,400,000

$13,311,000

ADDRESS

Totals/Averages

Investing in real estate is an inherently risky endeavor. Islander Properties, LLC and its management highly encourage potential investors to seek legal, tax, and any other advice before investing in real estate. Islander Properties, LLC attempts to mitigate risk prior to acquisition with inspections, broker price opinions, contractor estimates; but cannot foresee changes in the market, or unforeseen issues with investments during, and/or after ownership. All investments contained herein were managed by Islander Properties, LLC. Many of the properties were owned by another investor and professionally managed by Islander Properties, LLC. Drew Chance is a licensed real estate broker with DC Realty Partners CalBRE# 01913042. If your home is currently listed with another broker, this is not intended as a solicitation of business.

I NV E STM E NTS WITH RES ULTS

IslanderPropertiesLLC.com

@IslanderPropertiesLLC

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018

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