1. Multifamily Investments Northern California Bullseye Investment Group B.I.G.

3. Bullseye Investment Group Kal S. Takhar Principal

5. Started Small…..

6. Then Got B.I.G.

8. Why Multi-Family 2nd quarter of 2011 shows the lowest vacancy rate since 2008 Rent rising to historic highs of 2000 & 2005 Record low production of new units 2011 Shifting favorable consumer sentiments toward renting versus homeownership

9. Why Multi-Family Cash Flow Can provide a substantial positive cash flow. Create comfortable lives, retirements, and ongoing income for the entire holding period. As value increases over time, the owner via tenants rent is also paying down the mortgage. This increases equity, and some investors borrow against it for leverage and more investments.

10. Why Multi-Family Quality Management You invest without having to “get your hands dirty” managing the asset You will not have to deal with tenants, change light bulbs or replace toilets Property management services offer as much service or as little as you wish.

11. Why Multi-Family Value Add Acquire value-add multi-family properties below replacement cost and projected stabilized value Perform property-appropriate capital expenditures focused on driving rental growth Complete lease-up of repositioned asset with increased rental rates Sell stabilized properties and provide short-term investor returns.

12. Why Multi-Family Less Risk Low risk combined with ability to keep pace with inflation through short-term leases. Demand for apartment residences continues to rise, even as the overall economy remains hampered by the aftermath of the housing bubble As of 2 nd quarter 2011, the markets are tighter, debt and equity capital are more available, and sales volume is rising.

13. Why Multi-Family Highest Demand Limited supply Growing demand Household creation continues Young adults tend to be renters and are capturing a disproportionately larger share of job additions. Eventually recession will end causing an even higher demand

14. Why Multi-Family Changing Attitudes In 2010 was the largest drop in homeownership in 70 years Americans are less interested in owning a home A survey commissioned by the National Apartment Association conducted in May 2010 found that 76 percent of consumers prefer renting to ownership, a 5 percent increase from 2008 Lack of consumer confidence in single family housing, their own financial position and lingering unemployment rates Very few households are exiting the apartment sector to make first-time home purchases due to fears of negative equity, stringent financing and lack of down payment funds

15. Why Multi-Family Economies of Scale Compared to single family homes, apartment buildings are far superior in terms of cash flow, but also far lower risk. Lower expenses per unit Higher overall cash flow. The more money your building makes the more it is worth