From: Terje Jonassen 
Newsgroups: misc.invest.real-estate
Subject: Re: Example investment proposal
Date: Fri, 13 Aug 2004 17:46:03 +0200

On Fri, 13 Aug 2004 09:06:46 -0400, "Steve45B"  wrote:

>"Terje Jonassen"  wrote in message
>news:ts2nh05igitp3bcd6ipjr7snminjqvg82k@4ax.com...
>> I guess I mix language here. In my language a company that are going
>> to do an IPO have to present a "Stock prospect" to the investors. I
>> guess I assumed it was the same name in english as well. I assume pro
>> forma are a better word. However, I actually think Prospectus, or
>> proliminary prospectus is what I am looking for. (It can be confusing
>> when English is not the first language).
>
>I see what you mean.  I didn't think of the word "prospectus" which is
>probably what you meant.  In the USA, things get a lot more complicated when
>you are offering to sell shares in a corporation or other "securities" to
>the public.  There are ways to make it less complicated by limiting the
>number of investors, limiting the investors to being from one state (in the
>USA), limiting the amount of investor money to be raised, limiting the
>offering to only  "sophisticated" (affluent) investors, etc.
>
>But, in reality, that's way too much overkill for a deal that just involves
>8 cabins.  What is the total cost of the 8 cabins?

The total cost of the whole project will be approximately 1.3 million
dollar. Of that, I have planned to finance about 25% thru investors
and the other 75% thru loans, with the use of the cabins as
collateral. The guaranteed income of each cabin is approximately 20
000 dollar pr year.