In this episode we talk to Adel Elmankabadyon on the advantages of developing an EB-5 project within an established Regional Center.
Adel has twenty years of sales, managing, marketing, and real estate teaching experience in the USA and the Middle East markets. He is a Real Estate Investment Specialist with unsurpassed level of marketplace knowledge in our local Atlanta Market. He is also been part of six EB-5 Investment Projects in Georgia.
In this episode you will hear:
- The increasing number of EB-5 Regional Centers
- The four documents needed to create n EB-5 Regional Centers
- Private Placement Memorandum
- Subscription Agreement
- Limited Partnership Agreement
- Escrow Agreement
- The advantages of working with an established Regional Center for your EB-5 project
- Leverage preexisting approval by USICS (saves time)
- Leverage Marketing scope of the EB-5 Regional Centers
- How to approach an EB-5 Regional Centers for your EB-5 program proposal
- Experience of business owner
- Personal Equity of business owner (and other domestic source of funds)
- The EB-5 fund raise target
- The total amount of project funding
- Direct Job creation
- Indirect Job creation by a third party (such as EB-5 Economist like Dr. Fernandez from Ep. 7)
- The risks and pitfalls of EB-5 projects
Adel also shares with us:
- The best advice he has ever received: Do you homework and do the steps in order
- His personal habits that attributes to his success: Exercise (give the brain a break and work out the body)
- Parting Thoughts: Success does not come at a cheap price, you have to work hard for it.
Additional Resource:
We touched on the payback of EB-5 investors, but not how. Here is a popular article I wrote last year on 10 Payback Strategies for EB-5 Investors
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