My Favorite Web Sites
Assalaamualaikum Brothers & Sisters Thank you for visiting the halal houston home page We are in the process of starting up a halal investment firm in the Houston real estate market which will include mainly to buy, develop land and build new homes and besides that will also be looking for other halal real estate investment which shall have a decent return on your investment Myself I am a realtor with about 5 years experience in the Houston residential market and my colleague is an engineer who has worked in the construction field for the last 15 years or more We are looking for people to invest a minimum of $10,000 or more in the same multiples We expect an annual return of approximately 12%-25% on your investment once we set up the whole firm and began the project Anyway there is no promises and you shall only invest the money if you are willing to take a loss also or maybe get a lower return on your investment than the one quoted above or may be just come out even with no profit or loss All the above cases are possible and if you are looking only to make a sure profit which is like riba then we really do not want to promise or do such type of business We will work hard for your money and Inshaallah if Allah wills the chances of having a loss would be really very very slim considering the current sales numbers in Houston for new homes But things can change overnight and we might sit on our inventory for more time than we think at this moment or we might have to sell our homes at a lower price reducing the profit or even making no profit at times which is not the average scenario but let us prepare you for the worst Like any other business investment you should be ready to take a profit as well as a loss When we have enough serious inquiries and people committing to invest the money then we shall have an open seminar and meeting to brief the investors with the whole project and answer to their questions if and whatever they might have to the best of our knowledge We shall also use an accounting firm to keep all accounting records and a law firm to establish the corporation and also shall have at least six board members selected out of our investment group members who will sign the release of any monies to the begin and fund the project as it goes on There shall also be a one time $100 sign up fee at the time of your first investment which shall be used to cover all the accounting and legal fees to set up the corporation and other set up costs There shall be a very small office also leased for the corporation if necessary at the expense of the corporation Inshaallah me and my colleague shall also invest a minimum of $10,000 of our money in the company I would not want to disclose any more details at this time till we have at least a minimum committment of about $2,000,000 from interested parties at which time we shall have the meeting set to propose the whole project Please come back and visit again!
