About Us

We’re the best source for Fredericksburg/Richmond real estate investors to find great discount and investment property in the Fredericksburg/Richmond, VA area. We’re constantly picking up new properties and always have properties available.

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The Acquisitions Team
Innovative Investments and Ventures, LLC

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A Bit About Us

Ever wondered who that company is that snaps up the best deals and the highest discounts on properties in the area before anyone else ever even hears about them? Well that’s us. And we help investors like you push cash in your pocket by passing along the areas best deals on great properties so you can profit from them and put cash in your pocket.

Executive Summary

Innovative Investments and Ventures, LLC firm is a locally operated company in Fredericksburg, Virginia that focuses on finding, acquiring, and re-positioning single-family properties in the greater Central Virginia areas. Our main competitive advantage is our process for finding and evaluating properties to fit our very specific buying criteria of properties. Properties will be distressed where the property owners need or want an exit because their expertise isn’t there to make the property profitable or their financing prevents them from holding on to the property. We aim to generate capital gains, passive income, and long-term equity appreciation for its owners and investors through the purchase and leverage of real estate investments.

Funding for these acquisitions will be a custom mix of financing based on each particular situation. A competitive advantage we hold is our relationships and ability to get access to our stable group of private funding partners who can provide either debt or equity funding depending on each transaction specifics. We will allow investors to provide sweat equity and funding.

Long-term revenues will be mainly focused on improving the value of each property with strategic re-positioning strategies to get top of market rents while minimizing expense outlay with better and more efficient on-site management. Exit plans are between 5-7 years after acquisition for each individual investment.

Short-term revenues will be focused on improving the profitability of each property and to turn a positive cash flow within 12 months of acquisition. When available, the company will make “value play” investments to generate short-term capital gains. The key to the value play will be purchasing single-family properties in temporarily depressed areas at well below current market rates; the goal will be to add short-term value and resell for large capital gains.

Company Overview

Innovative Investments and Ventures, LLC was founded in 2013 by Lawrence P. Jones and Yvette M. Jones in Fredericksburg, Virginia. The company was founded on the following principles:

• To provide a steady source of secondary income for investors
• To provide job opportunities and to give back to the community by making charitable donations after every transaction
• To level the playing field by giving others the opportunity to invest in real estate

Mr. Jones has a business degree in Accounting from James Madison University and has over 21 years of experience investing in real estate properties. During this time, he has remodeled and refurbished over 15 properties. He has extensive experience in being a landlord and creating quality properties. Mrs. Jones has a business degree in Computer Information Systems from James Madison University and has over 3 years of experience being a landlord and remodeling properties. She has over 17 years of experience managing projects in the Federal government.

Innovative Investments and Ventures, LLC has a stable group of core investors able to provide resources to acquire properties.

Our Philosophy

We firmly believe in the use of quality finishes, expert craftsmanship, and attention to detail. We aim to keep our repair budgets realistic to the existing neighborhood and location. We don’t complete a house that we wouldn’t live in ourselves. We take pride in completing a high-quality home for buyers, renters or investors.

Market Analysis

Innovative Investments and Ventures, LLC will target various single-family homes, town-homes and condominiums in the Northern Virginia, Greater Richmond and Petersburg, and Central Virginia areas, including Buckingham, Cumberland, Prince Edward, and Powhatan counties. Our primary goal is to market to middle-income families looking to buy or rent. Our secondary goal is to rent properties to low- to middle-income families in order to provide a positive, steady source of income. The company will focus its investments in properties priced under $100,000.

Innovative Investments and Ventures, LLC will acquire properties through conventional and creative financing by using a combination of its personal finances, private funding from investors, and commercial lending. Innovative Investments and Ventures, LLC will use various methods to find perspective properties through real estate agents, internet sites, bird dogs and advertising. The majority of the properties will require major rehab and/or some minor cosmetic repairs. Properties with structural damage will be evaluated on a case-by-case basis but will not automatically be excluded from consideration.

Our offering price will be determined by comparable homes in the area and the overall condition of the property. We will target homes to purchase that are at least 75 percent below market price. Innovative Investments and Ventures, LLC will pay closing costs, taxes, property insurance, liability insurance, and permits. You will receive a detailed analysis of each prospective property.

Marketing Plan

We utilize our website, Facebook, bandit signs and Craig’s list to communicate with a wide-range of potential clients. In addition, we advertise in local papers and mail property ads to real estate companies on a monthly basis. Our marketing evaluation consists of monitoring internet traffic to our site and following up with real estate companies. We plan to capitalize on local real estate companies by inviting realtors and brokers to our open houses once the property is compete. In addition, we plan to invite local neighbors to open houses to increase word of mouth. All marketing will be completed and managed in-house by Innovative

Innovative Investments and Ventures, LLC is unique because we offer the opportunity for anyone to invest and receive a favorable rate on their return.

Implementation Plan
In the implementation section of your real estate investing business plan you will describe the actual procedures that you will follow throughout your business activities. The information in this section is very similar to the “Specific Business Practices and Procedures” section you wrote earlier…but is more in-depth. Writing this section will benefit you greatly because it will force you to really think about every aspect of how you will perform your deals.
This section should be between one and four pages.
What strategies will you implement ?
By strategies I mean the specific methods that you will use when looking at, performing, and exiting your real estate investing deals. You will describe the way you will perform deals from start to finish.
If you are only doing rehabs, explain the process from the time of purchase (right after you purchase the property only because you described the pre-purchase procedures in the market analysis section) through the sale of the property.
If you plan on using more than one real estate investing method (i.e. rehabbing, wholesaling, buy and hold, etc.) go through the entire process of each. Once you are finished with this section you will have no questions as to how you will enter, perform, and exit your deals.
In this section you will want to answer the following questions.
Based upon our experience of rehabbing properties for the past 21 years, we have a firm proven system in place of determining the estimated costs of repairs. Once a property is acquired, we perform a thorough comparable analysis to determine the types and amount of repairs needed. The analysis includes a detail description of the necessary upgrades and quality of finishes that Innovative Investments and Ventures, LLC will use to complete the property. A detailed breakdown of the estimated cost of repairs is presented to investors at the beginning of each project. Innovative Investments and Ventures, LLC will be responsible for the holding costs. We delegate the work to rehab the properties to various sub-contractors that we have worked with over the past several years.

We will use the following exit strategy for each type of real estate investing deal:
Single Family House Rehab
• Preferred Exit – Sell to retail buyer within 30 days of construction completion through our in house marketing and sales team.
• Secondary Exit – If not sold within 30 days of construction completion the home sale will be delegated to a local real-estate firm for a sales commission of 4% for a period of 60 days.
• Last Resort Exit – If not sold within 60 days of Realtor delegation we will market the home as a lease purchase or rental, with the lease purchase being the preferred method. This will be performed by our in house marketing and sales team and will continue until property is eventually sold on a lease purchase. ”
• Rental Property-Some properties will be refinanced and held for positive cash flow.

Financial Plan
In the Financial Plan section you will focus on painting a good, but realistic, picture of the financial health of your real estate investing company. If you have already began your investing activities you will want to include your current numbers, then forecast your sales, financing, etc. for the future. You want to be as realistic as possible with your projections, but keep in mind that it is these numbers that lenders will be looking at when considering you for a line of credit.
This section should be between two and four pages.
Sales Forecast

Our Ultimate objective is to provide a relationship with our investors and provide them with a positive stream of monthly cash.
Innovative Investments and Ventures LLC

PROPRIETARY AND CONFIDENTIAL

This Document is for discussion purposes only and is not intended to be used or considered as an offering of securities. Please see disclaimers at end of document for more information on offering requirements.

This document includes information that is proprietary and confidential and is not to be copied or distributed without the approval of an officer of Innovative Investments and Ventures LLC

Because this Executive Summary focuses primarily on details concerning the company rather than the industry in which the company operates or will operate, potential investors (Private Lenders) may wish to conduct their own due diligence on the company’s industry in order to obtain broader insight in assessing the company’s prospects.
THE COMPANY
Innovative Investments and Ventures LLC, (“Company”) is a limited liability company (LLC) being organized in the State of Virginia. Its principal office is located at 6705 Ziyad Court, Fredericksburg, Virginia 22407, and its telephone number is 434-315-4992.

Innovative Investments and Ventures LLC is being created solely for the purpose of attracting Private Lenders’ (“Private Lenders”) funds for investment in the form of Promissory Notes.
Innovative Investments and Ventures, LLC was founded in 2013 by Lawrence P. Jones and Yvette M. Jones in Fredericksburg, Virginia. The company was founded on the following principles:

Mr. Jones has a business degree in Accounting from James Madison University and has over 15 years of experience investing in real estate properties. During this time, he has remodeled and refurbished over 15 properties. He has extensive experience in being a landlord and creating quality properties. Mrs. Jones has a business degree in Computer Information Systems from James Madison University and has over 2 years of experience being a landlord and remodeling properties. She has over 16 years of experience managing projects in the Federal government.

RISKS OF INVESTMENT
This executive summary does not constitute an offer of securities for sale to any person who may receive it. In the future, the Company may make such an offer, and would have funds from investors who would be called “Private Lenders.” The Company will use funds to acquire real estate in multiple states, focused in the state of Virginia and surrounding areas. The Company targets residential and commercial properties.
As a real-estate investment company, the Company is subject to risks including, but not limited to:
 Availability of investment capital from Private Lenders
 Local real estate markets
 Competition from other real-estate investment companies, which may offer competitive interest rates or terms and/or conditions to Private Lenders
 Availability of investment-grade properties
 Legal and regulatory issues
 Potential vacancies
 Non-payment of rent by tenants
 Potential damage caused by tenants
 Costs associated with rehabbing and maintaining properties
 Unanticipated repair costs
 Lower Net Operating Income (“NOI”) than projected
 The possibility of selling a property for less than it was purchased
 Interest rate increases
 Inability to obtain financing or refinance its debt
 The death or disability of Lawrence P. Jones
 Changing market conditions
 Potential lack of demand for a property or types of property
 For any rental or lease properties, the potential for damage to the properties or the failure to receive rental or lease payments as due
As a hard-money lending company, the Company is subject to risks including, but not limited to:
 Interest rates may vary due to factors including, but not limited to, federal or state regulations, market activity, and other factors
 The sharing of profits with affiliated, or associated, companies that the Company may work with from time-to-time
 The points that the market will bear being charged to borrowers
 What level of back-end equity may be available from deal to deal
 The default of one or more borrowers
 Slow payments from one or more borrowers
 General market conditions in the hard-money lending industry
 Inability to obtain financing from investors
 The death or disability of Lawrence P. Jones
 Legal and regulatory issues
The Company may become engaged in other businesses or business activities that differ from real estate investment and hard money lending. Before using funds to engage in such business activities, a separate description of the risks of such investments would be made available to interested parties. Such investment risk descriptions should be considered to be incorporated herein by reference.

MANAGEMENT
 Lawrence P. Jones will be the Managing Member of the Company.
 Lawrence P. Jones shall not be paid a salary or wages of any type by the Company.
 Lawrence P. Jones is the Property Manager for all properties he currently owns.
 The Company expects to conduct related-party transactions between the Company and its owners and only upon an arm’s-length, market-based basis. Specifically, related-party transactions are anticipated in the area of hard-money lending. Lawrence P. Jones anticipates working with several people he has come to know from his other and separate business activities. These people have expressed an interest to him in doing so and Lawrence P. Jones is interested in conducting business with them.
 The Manager will have the sole authority to manage the affairs of the Company, including the sole authority to:
o Identify properties to be loaned against or purchased by the Company;
o Monitor and assess Company performance and set the Company’s accounting procedures
o Oversee rehabilitation, management, leasing, and disposing of properties
o Otherwise direct the day-to-day operations of the Company.
 Private Lenders will have extremely limited rights to vote on or direct the actions of the Company and must rely upon the Manager to make decisions in the best interest of the Company.

COMPANY OPERATIONS
The Company will invest in residential and commercial properties based upon the decision making and investment analysis to be done by the Company’s management. The Company’s management will rely upon the best available market information in those markets where it intends to invest, as well as upon the Manager’s own years of experience as a real estate investor, conducted in separate businesses. The Company will use funds to acquire real estate in multiple states, focused in the state of Virginia, although properties may also be purchased in other states.
All property owned by the Company, or an affiliate of the company, will be managed either by the Company itself, or by a property management company hired by the Company. Property and casualty insurance will be obtained by the Company, or an affiliate of the Company, on property purchased using Private Lenders’ funds. Qualified contractors will be engaged to perform work on the property as may be necessary. A real estate attorney, or title company, will conduct closings.
Additionally, the Company intends to engage in what is known as hard-money lending activities. Traditionally, hard-money lending involves using funds to gain profits by lending these funds to other companies that are engaged in real estate investment. To profit from hard-money lending, the Company would charge interest rates to companies that borrow from it. The Company would also consider profit-sharing activities, as well as charging points and splitting back-end equity in properties. In states where such business activities are regulated or licensed, the Company will ensure it starts in compliance and remains in compliance when doing business.

USE OF FUNDS
The Company will use its funds to:
 Invest in residential and commercial properties in multiple states, focused in the state of Virginia, although properties may also be purchased in other states.
 Make hard-money loans to other real estate investing companies, such companies to be referred to as borrowers.
 Cover offering expenses. These may include offering preparation, filing, printing, legal, accounting and other fees and expenses related to the Offering. Fees include securities filing fees, legal fees for preparation of documents, and other fees such as printing and postage.
 Cover on-going legal and accounting fees
 Cover working capital reserve. Working capital reserve is for on-going operational expenses including regular bookkeeping services, office supplies, software, equipment, and office expenses.
 No commissions will be paid to any person or business entity for the sale of these securities, unless and except if they are licensed and/or registered broker-dealers within a particular state or states. The Company does not anticipate doing so in any case, and properties may only be sold by authorized representatives of the Company in compliance with all relevant securities laws and regulations.

FINANCIAL INFORMATION
Certain financial information on the company is available upon request. Financial information should be treated as confidential.

SECURITIES COUNSEL

Need to check on this!!!!!!!In Enter Start Date, the Company retained the legal services of The Law Offices of Enter Law Offices, a professional services company incorporated in the State Virginia. The Company is utilizing the legal services, in particular, of Enter Law Office Founding Partner, Enter Lawyer’s Name, who is licensed in Enter any States or Commonwealths They are Licensed in, and who has been practicing securities law since Enter Start Date. These legal services are addressed solely to the Company and its Managing Member. In any possible future offering made by the Company, potential investors would be advised to conduct due diligence and obtain advice from their own professional advisers, such as attorneys, accountants, or finance professionals.

LITIGATION
The Company may from time to time become engaged in certain litigation related to the eviction of tenants unable or unwilling to pay rent or otherwise abide by their rental agreement with the Company. The Company may from time to time become engaged in litigation against borrowers who are unable or unwilling to repay their loans and or interest, or points, or profit-sharing or back-end equity splits.
There is no past, present, or anticipated litigation that would have a material effect on the business, financial condition, or operations of the Company.

DISCLAIMERS
NO PERSON HAS BEEN AUTHORIZED BY THE COMPANY TO GIVE ANY INFORMATION OR MAKE ANY REPRESENTATIONS OF ANY KIND WHATSOEVER CONCERNING THE COMPANY OR THIS OFFERING OTHER THAN THOSE CONTAINED IN THIS CIRCULAR, AND, IF GIVEN OR MADE, SUCH OTHER INFORMATION OR REPRESENTATIONS MUST NOT BE RELIED UPON AS HAVING BEEN AUTHORIZED BY THE COMPANY. NEITHER THE DELIVERY OF THIS EXECUTIVE SUMMARY NOR ANY SALES MADE HEREUNDER SHALL UNDER ANY CIRCUMSTANCES IMPLY THAT THERE HAS BEEN ANY CHANGE IN THE AFFAIRS OF THE COMPANY DESCRIBED HEREIN SINCE THE DATE HEREOF, OR THAT THE INFORMATION CONTAINED HEREIN IS CORRECT AS OF ANY TIME AFTER THE DATE IT WAS FIRST DISTRIBUTED. THIS DOES NOT CONSTITUTE AN OFFER OR SOLICITATION IN ANY STATE TO ANY PERSON TO WHOM SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.

FORWARD LOOKING STATEMENTS
THE COMPANY AND ITS REPRESENTATIVES MAY FROM TIME TO TIME MAKE WRITTEN OR ORAL FORWARD-LOOKING STATEMENTS. ONE CAN IDENTIFY THESE FORWARD-LOOKING STATEMENTS BY USE OF WORDS SUCH AS “STRATEGY,” “EXPECTS,” “PLANS,” “ANTICIPATES,” “BELIEVES,” “WILL,” “CONTINUES,” “ESTIMATES,” “INTENDS,” “PROJECTS,” “GOALS,” “TARGETS” AND OTHER WORDS OF SIMILAR MEANING. ONE CAN ALSO IDENTIFY THEM BY THE FACT THAT THEY DO NOT RELATE STRICTLY TO HISTORICAL OR CURRENT FACTS. THESE STATEMENTS ARE BASED ON OUR ASSUMPTIONS AND ESTIMATES AND ARE SUBJECT TO RISKS AND UNCERTAINTIES. IN CONNECTION WITH THE “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995, THE COMPANY IS HEREBY IDENTIFYING IMPORTANT FACTORS THAT COULD CAUSE ACTUAL RESULTS AND OUTCOMES TO DIFFER MATERIALLY FROM THOSE CONTAINED IN ANY FORWARD-LOOKING STATEMENT MADE BY OR ON BEHALF OF THE COMPANY; ANY SUCH STATEMENT IS QUALIFIED BY REFERENCE TO THE FOLLOWING CAUTIONARY STATEMENTS.
THE COMPANY’S BUSINESS IS SUBJECT TO COMPETITION, CHANGES IN THE MARKETPLACE, AND THE EFFECTS OF CHANGING REAL ESTATE PRICES AND/OR INTEREST RATES AND LOCAL ECONOMIC CONDITIONS. OUR RESULTS ARE DEPENDENT UPON OUR CONTINUED ABILITY TO ATTRACT AND RETAIN QUALITY TENANTS, PROPERLY MANAGE AND MAINTAIN THE PROPERTY, ANTICIPATE AND RESPOND TO CHANGING MARKET CONDITIONS, AND OTHER IMPORTANT FACTORS INCORPORATED INTO THIS SECTION BY REFERENCE, WHICH COULD CAUSE THE COMPANY’S RESULTS TO DIFFER MATERIALLY FROM RESULTS THAT HAVE BEEN OR MAY BE PROJECTED BY OR ON BEHALF OF THE COMPANY. THE COMPANY CAUTIONS THAT THE FOREGOING LIST OF IMPORTANT FACTORS IS NOT EXCLUSIVE. ANY FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THE DOCUMENT IN WHICH THEY APPEAR. THE COMPANY DOES NOT UNDERTAKE TO UPDATE ANY FORWARD-LOOKING STATEMENT THAT MAY BE MADE FROM TIME TO TIME BY OR ON BEHALF OF THE COMPANY.

THIS EXECUTIVE SUMMARY MAY NOT BE REPRODUCED IN WHOLE OR IN PART, AND NO ONE, FOR ANY REASON, SHOULD RELY ON ANY REPRODUCTION OF THIS MEMORANDUM.
THIS CIRCULAR HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY, NOR HAS THE COMMISSION OR ANY OTHER AUTHORITY ASSESSED THE ACCURACY OR ADEQUACY OF THIS EXECUTIVE SUMMARY. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
THIS EXECUTIVE SUMMARY DOES NOT CONSTITUTE EITHER AN OFFER TO SELL PROMISSORY NOTES OR A SOLICITATION OF OFFERS TO PURCHASE PROMISSORY NOTES IN ANY STATE OR OTHER JURISDICTION. NO FDIC-INSURED PRODUCTS ARE BEING OFFERED FOR SALE.

How Do We Do It?

Pretty simple really. We don’t like to over complicate things.

Our company has honed our marketing to a point where we’re pretty darn good at it. We find and acquire deeply discounted Fredericksburg/Richmond real estate then make those properties available to you at DEEPLY discounted prices from current market value.

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... to our HANDYMAN specials. *These are not on the MLS - Many are below $100k. Available properties on the next page.

Where Do We Find These Deals?

Great deals are everywhere in today’s market. But, as you’ve found… the investors who have the best marketing, systems, and connections snap up the best deals before most people even know about them. That’s us. Whether you’re looking for…

Fredericksburg/Richmond Foreclosure properties for sale
Discount homes
Fixer uppers
Handyman deals
Investment homes for sale
Bank owned foreclosures / REO properties
Distressed property
Discount multi-family properties

How Do We Find The Best Deals?

We’ve honed our proprietary marketing systems over the last few years and now have a consistent stream of deeply discounted properties, foreclosure properties, distressed property, and other types of real estate.

You may have even seen some of our marketing around Fredericksburg/Richmond.

In the end, we’ve invested tens of thousands of dollars into refining our marketing systems to what they are today. You benefit from that by letting us find the great deals and sending them your way.

Why Should You Work With Us?

We’ve already done the work and made the investments to generate a consistent stream of deeply discounted deals. Because we come across so many great deals (30% – 50% below market value) we simply can’t buy and keep all of these properties ourselves… and frankly we’re really good at finding properties but hate owning properties 🙂

So, that’s where you come in.

Real Estate Investors Looking For Rentals

If you’re a real estate investor and are looking for great rental properties that will cash flow or distressed properties to rehab and resell… have us find those properties for you. Just tell us what your buying criteria is, and we’ll custom search for properties for you that fit your criteria. The beauty of it is you never pay for our service… we make our money by adding on a small fee once you close on one of our properties.

Homeowners Looking For A Discount Home To Live In

Most of the properties we sell are bought up by real estate investors. However, if you are looking for a home to live in yourself… you’re at the right place! Join our Preferred Buyers list and act fast if you see a home you like. Because we offer these great houses at such steep discounts they do tend to sell fast… so make sure you’re pre-qualified with your bank (we can help you with that if you’d like) before you make an offer on one of our houses.

In the end, we’ve gotten to where we are today because we’ve focused on becoming really good at finding great deals, marketing, and passing those deals off to people like you at a huge discount. That’s all we do. You can rest assured that we are a great company to work with… and we’re just real people just like you.

>> Click here to join our Preferred Buyers List <<