FT. LAUDERDALE, FL - (NewMediaWire) - August 18, 2015 - Turnkey Home Buyers USA Inc. (TURNKEY), a wholly owned subsidiary of Train Travel Holdings Inc. (OTCQB: TTHX), today announced that its initial LIVE Real Estate Workshop Program, presented from August 8-10, 2015, exceeded expectations in registrations for the paid weekend program. A two-hour Preview Program, two days before the Workshop Program, was free to attend, and presented a brief introduction to the professional tips and training that would be revealed during the weekend Workshop Program. 100% of attendees to this first free event registered for the paid weekend Wholesaling Workshop and Property Tour.
The weekend TURNKEY Real Estate workshop gave participants a full day of classroom instruction, including an introduction to the principles and best practices of successful real estate investors, outlining the shortest routes to positive revenue, highlighting pitfalls to avoid, and giving students tools such as proprietary contracts, addenda, forms, step-by-step instructional manuals, and a directory of industry experts to work with when the need arises.
The second day of the weekend workshop was spent putting the new knowledge to work out in the field; touring available wholesale-priced homes with a coach, doing the property analysis, calculating costs of acquisition, renovations, rental revenue, and other factors that will determine an investor's rate of return. Turnkey made several vetted properties available for those on the tour that day who wanted to begin acquiring rental real estate immediately. TURNKEY sold a property that day netting over a 30% cash on cash return, further proving out the team's successful business model.
The Workshop, including the Wholesale property tour, generated professional fees for the company, one confirmed sale of TURNKEY-owned real estate, and added qualified clients to TURNKEY's VIP Buyer's List. Several additional property sales are pending, as well as educational coaching programs to help elevate our clients results. Additionally, the TURNKEY VIP Buyers program, available to qualified clients who are ready to build a real estate portfolio, offers resources to assist in locating, financing, closing, renovating, retail flipping or renting residential properties, and includes first-look access to wholesale off-market properties, with opportunities to immediately purchase discount property before being listed or made available to the general public. TURNKEY also assists clients with a proven team of fulfillment partners.
"We are pleased to see our time-tested relationships and resources working so well in this market," said Steve Tacher, President of TURNKEY. "The seasoned rental property we sold this weekend, during our wholesale property tour, generated over a 30% cash-on-cash return, leading us to believe it will be a great investment for our client buyer. With these initial positive results in place, we will be accelerating our promotions, and number of events held by expanding our reach to other cities across the country this fall, thereby increasing the volume of property transactions, both acquiring and selling," Tacher added.
The next scheduled free Preview event will be held in Orlando, FL, September 16 and 17, with a two-day weekend Wholesale Property Workshop and Property Tour to follow on September 19 and 20, 2015.
About Turnkey Home Buyers USA
Turnkey Home Buyers USA builds portfolios of revenue generating rental homes that it holds for current income and equity plus future growth. The objective of the Company's Single Family Home Rental division is to acquire, renovate, lease and manage single-family homes in select markets in the United States, as well-maintained investment properties, to generate attractive risk-adjusted returns over the long term for the Company's shareholders. TURNKEY's wholly owned subsidiary, is an educational company that offers seminars and educational resources to novice and intermediate real estate clients who want to strengthen their performance in the marketplace. TURNKEY also specializes in providing clients with wholesale off-market properties along with a proven team of fulfillment partners. Their time-tested 20-plus years of experience in providing clients with a turnkey program has significantly helped their clients build successful real estate investing careers.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. Specifically, the Company's ability to raise additional capital, execute its business plan and strategy, sustain or increase gross margins, achieve profitability and build shareholder value are forward looking statements. A more extensive listing of risks and factors that may affect the Company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the Company with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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