My Final HouseHack Pitch.

hey everyone meet Kevin here if you're

thinking about investing in house hack

this is my final pitch to you we are

closing our fundraising opportunity for

accredited investors on March 31st 2023.

that's called our reg D filing which

means if you haven't signed your

DocuSign at househack.com the

solicitation prospectus you might not be

able to invest now we do hope that our

reg a will be approved that would be for

non-accredited investors and we hope

that non-accredited investors will be

able to invest between May and July but

we're not submitting to the SEC until

about the first or second week of April

for that reggae and we're submitting in

such a way where we hope our filing is

perfect and maybe they'll give us the

green light to start raising money and

as soon as 27 days but we're being told

the average is three to six months and

in some cases it could take as long long

as a year to get a regulation a

non-accredited round of filing through

the SEC that's why if you're an

accredited investor it's important to

consider investing now as opposed to

waiting for the non-accredited round

because if it takes too long we might

have to skip the non-accredited route

now we hope we can let everybody in but

we might have to skip it that does mean

March 31st is potentially the last

opportunity to invest again the hope is

it won't be but it might be so let me

give you a quick broad overview again of

what we're doing at house hack what the

goal is and the mission is and let's

take it from there and get into some of

the details after that so remember our

mission is to help people invest in real

estate in a way that promotes affordable

housing we do this in a very simple way

we buy properties that people aren't

either occupying or able to occupy

safely that is homes generally typical

homeowners don't want to buy anyway

think moldy homes fixer-uppers hoarder

houses otherwise damaged homes where

most people would look and say you know

what that's too much for me to handle

let someone else restore that home to

its former glory see that's our goal

we're not going in demolishing

properties and gentrifying neighborhoods

by putting in Mech mansions and really

expensive homes and trying to flip them

for a premium what we're actually trying

to do is just take homes that are

unlivable and bring them back to the

market so that way we can increase

housing Supply and actually help with

the affordable housing crisis in America

since we're not tearing down homes and

redeveloping them we're really just

bringing regular homes to Market and

renting them out at a fair market value

in a high quality manner that's then a

win-win-win for investors in house act

the team at house sac and of course our

tenants we may even want to add guest

units or cassette tests known as adus or

accessory dwelling units at the back of

homes in the future to help increase

housing Supply and also help increase

cash flows that'll help address

America's Affordable housing crisis so

that's sort of a broad overview then we

can get into some more of the weeds the

details so to speak so it's important to

know that so far between 2022 and where

we are in 2023 home prices Nationwide

are down between 8 to 24 percent but

there are various different winds

blowing in different directions in some

areas housing is actually trending up

and one of the reasons it's trending up

is because of a lack of remote work from

Employers in the region whereas in other

areas that are more remote work friendly

we're actually seeing somewhat of a

decline in housing prices potentially as

we undo some of that covet push so we're

keeping all of this in mind along with

analyzing what a award-winning

economists are saying like Robert

Schiller famous for the k-sheller home

price index and Princeton Economist who

suggests that home prices could end up

being much lower in the third and fourth

quarter of 2023 as housing inventory

climbs and we completely agree this

could then be a fantastic opportunity to

buy real estate cash and that's exactly

why we want to leverage my expertise and

finishing our fundraising round before

we get into buy mode see that's the

beauty we can use our staff now to help

with fundraising and then when we are

completely done with fundraising we can

focus on actually buying and renovating

and managing real estate that way we're

not employing two different teams we're

all about efficiency in fact we don't

use outside funding help for advertising

for a fund or funding platforms which

could often take three to seven percent

in fees of funds raised which would cost

us millions of dollars we're not doing

that we're doing what's in our opinion

best for investors and being as

efficient as possible and as cost

conscientious as possible that's very

important because every single property

we want that same principle to hold true

that way we can actually provide quality

affordable housing and a win-win for

tenants and investors so simply put

we're going to buy properties that are

fixer-uppers we're going to fix them up

we'll buy those properties cash and use

cash to fix up the properties then we'll

rent out the properties to tenants that

we've screened and we'll go on from

there in the future we might do some

really cool things and as an investor on

house hack you would benefit from that

as well whether it's us sourcing

materials more inexpensively to reduce

the cost of our Renovations or it's

leveraging our portfolio to make sure

that we can expand the use of our

capital and increase the returns the

internal rates of returns for our

clusters or maybe in the future it's

creating a no fee version of Vanguard

but for real estate via creating some

kind of platform in the future who knows

we have a lot of ideas but what's most

important right now is making sure we

can make money where we know already we

can build a strong Foundation of making

money and having cash flow and that's by

buying fixers fixing them up buying in

great neighborhoods renting them out and

holding them then we can always figure

out what's next from there and we've got

endless ideas so that's why right now

we're focused on where are the best

areas and we want a diversified

portfolio of homes maybe even

multi-family properties these might be

in diverse areas like Florida Georgia

Utah Arizona Texas Nevada Colorado

California or other states and various

different cities within them will be

very deal driven we're not going to turn

away an amazing deal in a great area

that meets our crite area if the numbers

make sense on an individual deal we'll

strike and if it doesn't make sense we

won't feel pressured to buy we're also

not going to let any artificial

intelligence or software make decisions

for us those tools are tools that we're

developing because we think in the

future they'll help us with deal finding

we have a great wedge finder that

already exists that the company owns

they'll help us with tenant screening

and property management and construction

but for now a lot of our work is still

going to be very human based as we still

go through the trials of growing with AI

just like everybody else's in our

society right now but our formula super

simple we think our set my

seven-year-old son Lord and my

seven-year-old son can handle the

formula it's by a 400 000 to 450 000

home in a 600 000 neighborhood and

evaluate how much it's going to cost to

fix it up and decide whether or not to

buy it if it costs two hundred thousand

dollars to fix it up we won't buy it

because there wouldn't be any Equity

gain left if we can buy the home and fix

it up for thirty to fifty thousand

dollars and and we can gain 100 to 150

000 in equity we'll buy it it's that

simple That's What I Call buying in the

wedge the wedge protects Us in case

prices continue to fall or if costs come

in too high so who is this company for

well really the beauty of househack is

you potentially have the diversification

of real estate without having to do any

of the work and housak is not a real

estate fund it's a real estate company

see you are buying into the umbrella

company in the future if we have

individual real estate funds or

platforms or artificial intelligence

software or whatever we have in the

future you would share in that ownership

but right now you're actually not paying

any premium at all for all of the

potential ideas that we could have at

houseac that's because we are raising

money at a one to one cash valuation now

that's generally unheard of in private

Equity but the the reason I'm doing it

is because I'm only advertising this to

the followers that I have as either

course members or people who follow me

on social media like on YouTube or

Twitter or otherwise people that know me

and I became a millionaire through real

estate and I know I can do it over and

over again and I want to do that at

scale for my followers now I can't

guarantee that obviously any startup is

a risky investment and you should read

all of the details and the solicitation

at househack.com and understand the

risks of making a private Equity

investment but keep in mind I've been in

real estate as a realtor a broker

licensed lender contractor and have

personally applied this wedge deal

formula over the last 13 years in over

20 plus million dollars of personal real

estate that I have personally owned with

my wife no Partners just us and on the

same thing for over 150 million dollars

of client real estate so we're going to

use my formula and we're going to

replicate it and that's why we think

investing in helsack is a fantastic

opportunity especially since we're

raising at that amazing one-to-one

valuation just to be really clear what

that means think about it this way if

you invest a million dollars into a

company that is worth 100 million

dollars you would get one percent

ownership in that company but if that

company is worth a hundred million

dollars because somebody on paper said

it was worth a hundred million dollars

and the company company really only has

five million dollars of assets you've

just contributed the equivalent of about

20 percent of the assets for one percent

equity in the company that's not what

we're doing even though that's normal

and we're not wanting to ever come

across as bagging on what's normal

that's totally fine for many companies

what you're really doing is you're

paying for the leadership the vision the

potential right what we're doing is

we're raising money at net asset value

which means if you put a million dollars

in and we have five million dollars your

twenty percent owner if we end up

raising 50 million dollars and you put

one million dollars in well in that case

you're a two percent owner but your two

percent represents

two percent of all of the available cash

we would have 50 million dollars in cash

so again the valuation of the company is

the cash that we raise if we raise 25

the valuation is 25. if we raise 50

valuation is 50. so whatever our

valuation is it'll be equal to the

amount of cash we raise plus and minus a

few little minor uh closing fees which

would generally be like attorney fees

for closing the round or whatever that

takes a little bit off but it's super

super nominal and I'm mostly saying that

because it's probably not exactly

perfect and I don't want somebody in the

future to be like it was a little bit

off

but that's what we're doing relative to

other companies it's a massive

difference and it should be relatively

obvious that what we're doing is pretty

dang unique now the cool thing about

this and no guarantees as well because

any investment could obviously go to

zero but something else that's really

cool about investing at a one-to-one

valuation company is even a regular real

estate fund can tend to trade for two

times Book value so if you invested at a

company at 50 million dollars and it

were to trade at two times book it'd be

worth a hundred mil which means your

money would potentially be worth double

in that valuation structure again no

guarantees then of course you could look

at a different style of company that

maybe has artificial intelligence

software or they've created some kind of

platform like maybe we can pull off the

Vanguard of real estate and maybe we'd

sell for a multiple of five or ten times

book or maybe even not a multiple of

book maybe a multiple of Revenue or

earnings per share who knows I certainly

have no idea and I can't make any

guarantees all I know is I'm committing

my personal net worth to this company

what I've done is I've personally and my

other business my media business my

YouTube business pays for this I

personally bought a plane to make me the

best CEO possible for house hack I am

paying for that plan I pay the gas the

pilots the insurance the hangar space

everything the maintenance everything

related to the plane I pay because

that's my personal commitment to make

sure that I could be the best CEO

possible for househack and make sure

that if I need to be somewhere for the

Diversified Real Estate portfolio that

we want to build I can be there and it's

not coming out of the house hack

investor dime that's because I have such

faith in this company that I'm not

worried about the near-term reward I'm

looking at what's this company going to

look like in 10 years when knock on wood

we have the opportunity to IPO that's my

hope that's my dream and I invite you to

join the journey if you're not an

accredited investor stay tuned hopefully

for between May and July I'll keep you

updated along the way if you're

accredited check out househack.com to

learn more

thank you