Issue
finalthoughts... in this issue >>> Winter 200
TWO
Finding An Agent That’s Right For You Project Mattoon, IL O
Investor Updates & Open Shares
From the CEO& Secretary Tips to Save in a Down Economy
Ask The Experts
The Outcome
Dear Investors, there should be more properties to A Quarterly Insight into Arkis Properties LLC & Your Investment
rehab. This inventory will also keep
I would like to start by once again housing prices down until late 2010, or
thanking all of our investors and early 2011. coming soon >>>
on location
supporters for their encouragement and During this time we will stay in the first-
belief in us. The direction we have time homebuyer market. We will stay
taken is turning out to be very in this market until the prices start to
promising. rise and single-family homes start to In The Next Issue
During the past months the news has sell. By moving into the single-family
reported that existing home sales are up homes, our market will increase, as Investors Corner 2010 ROI
and new construction permits are on the should our profits.
Shellden Homes Share Updates
rise. Although the housing market may
have bottomed, we are expecting another Thanks for your continued support, Currently Rehabbing
Shellden Homes
Arkis Can Do Multiple “Flips”
wave of foreclosures.
Once this inventory floods the market, Dennis & Shelly Argyrakis A Message from our Realtor & Developments LLC
Shellden Homes & Developments LLC
Contact us at 847-840-6651 www.arkispropertiesllc.com is registered and we are currently
seeking investors. We have decided Arkis Properties Sells All 400 Shares!!
to continue to rehab properties with 2009 has proved to be a great year for Arkis Even though all of our shares have been
our newest company and possibly, sold, there are still investment opportunities
Properties LLC investors. They have
1411 Potomac Court down the road, develop new
enjoyed a positive return on investment, and available. The first investment option is to
properties. We have dropped the
Geneva, IL 60134 our team of professionals is ever increasing. invest in our new sister company, Shellden
share prices from $1500 to $500. We
will only be selling 500 shares raising We have developed several relationships Homes & Developments LLC. This
$250K. Fifty percent of all profits from with people in the various fields of real company has been formed as our new
Arkis Properties LLC real estate will go to Shellden Homes estate and are well on our way to becoming a construction venture. Shellden Homes also
COM PAN Y & Developments LLC shareholders. complete real-estate company. projects sizeable returns with low risk.
Arkis Properties shareholders will One of our biggest goals this year was to sell A second option for investment is for people
receive a ten percent return, which will all of the 400 membership shares. With your with at least $100,000. This investor would
be paid out after each project. The become a hard money lender. The cash they
help, this goal was achieved in October. By
dividends when earned will be rolled
selling all the shares, we can not only invest is used to purchase a property. Arkis
over into which will raise the value of
continue flipping two houses at a time, but Properties LLC will provide all the building
each share and increase our buying
power. If we have requests for can expand to four houses. We will also be and remodeling materials, and labor. When
another presentation we can put it able to explore new markets and many more the property sells, the first deal is split 50/50.
together for March. opportunities that will have greater rewards The return on the next and future deals will
for investors. then be discussed individually with the
Next year we hope to accomplish many more lender. All investors' information and
goals. We plan to expand our services to not identities will be strictly confidential.
only our investors but also prospective We have done a lot in a short amount of
clients. We want to have our own property time, and we hope to do even more in the
inspectors, designers, and property future.
consultants. We are exploring new ideas to ~Dennis Argyrakis
bring in more capital and expand our name
in the field of real estate.
Just Sold >>> 168 Hazelnut Drive, Streamwood
This property has only been on
the market for six weeks and has
wood and door casing. That gave it
the perfect touch. The full
Shellden Homes &
had many showings.
property was listed at $146,000.
We are eager to announce that
The bathroom upstairs needed much
work. We ripped out the bathtub,
surround, linoleum and vanity. The
Developments LLC
Hazelnut Dr closed on January 4, floor was replaced with 12x12 Since that time, the land we had
2010. ceramic tiles. A new steel tub and under contract fell through due to
This property only took about tub surround with shelves were put the seller’s attorney. We are still
four weeks to complete. It is a in. The vanity was replaced and all
researching other land in Mattoon,
two-story town home with two new faucets were installed. A light Take a look at the transformation……more pictures
tan made this room complete with and also in other areas. Even
bedrooms and a bath and a half.
We completely gutted the the brushed nickel towel racks. can be viewed at www.arkispropertiesllc.com though the mission of Shellden
kitchen. New laminate flooring The living room was finished with Homes and Developments LLC will Tips to save money in a
down economy………..
was laid, a coat of fresh white a beautiful ceramic tile foyer and be new construction, we are able to
paint, new kitchen cabinets and laminate flooring. All new window use the funds raised for other
some beautiful stainless-steel treatments and a refinished related ventures. Until such time
appliances seemed to finish the staircase finished the room. To see that we acquire a buildable plot of 1. Cut services not in use.
job. Both bedrooms needed a more photos please visit our land, we will use the money to fund Take a look at your cell phone bill and
fresh coat of paint in a neutral website. other properties to flip. The switch plans that better suits your needs.
color, new carpet and some Shellden Homes and Developments Eliminate premium cable channels you do
glossy white trim and new six http://arkispropertiesllc.com/Rehab not watch. Cut back on the days the
bedSoldHomes.html LLC money will act as the hard-
panel doors. We added some newspaper is delivered to you. Do not
character to the bedrooms and BEFORE AFTER money lender for Arkis Properties renew magazine subscriptions.
living room by making ~Shelly Argyrakis LLC. This will enable us to go 2. Give up the bottle.
Presentation room in Mattoon, IL. from flipping two houses at a time
windowsills out of some left over Stop drinking bottled water and instead
to several more. We are having buy a filter for your faucet or purchase a
Shellden Homes and Developments great success and will continue five-gallon jug of water and refill your
LLC was formed to bring Arkis
Investor ROI >>> Properties LLC into the new
expanding. water bottles. Also, go green and
The money that has been raised for eliminate those plastic bottles.
construction market. Arkis Shellden Homes and Developments 3. Go easy on the dry cleaning.
Properties LLC was part owner of Cut the number of trips you make into
The Investors Corner the new company, meaning that
current Arkis investors would
LLC will be liquid as is the Arkis
Properties LLC investment. The
Shellden dividends will be rolled
half: 65% of clothes that are dry-cleaned
can be washed by hand or by machine.
Return of Investment 2009 16.15% benefit greatly by the success of over into the company thus raising
4. Do home touchups.
Shellden. We had a plot of land Add at least two weeks to the time
the value of each share purchased as between hair coloring appointments ($100
Return of Investment 2010 8.97% under contract in Mattoon, Illinois, profits are made. or so a pop) by using over-the-counter
and were getting close to products (about $10) from the drugstore to
Shares Open to Buy 0 developing it once the deal was ~Dennis Argyrakis cover up roots.
final and funds were raised. 5. Take pooch to grooming school.
Instead of taking Spike to look all spiffy at
44 King Drive Streamwood, IL Shares Sold 400 the groomer's take him to a grooming
The Outcome? Dear Investors,
school instead and save up to 50%.
6. Say bye to boarding.
It was great to receive the news that a contract ask the design experts >>> Going away? Nix the pet motel; instead
was finally signed for 44 King Drive. We trade sitting duties with other pet-owner
purchased the King Drive project March 19,
The year of 2009 is over with, as we know
it. Tax season is here! This year Arkis Q: Is it okay to use more than pals.
7. Drive down premiums. Shop.
2009, and closed December 18, 2009. Arkis
had this property for nine months. The price
Properties LLC has meetings already set up
with its accountants. If you have any
one rug in a space? Compare prices for car insurance.
Someone is always willing to compete for
started out at $186K and over time we ended up questions please ask us as soon as possible. your business. Dig for discounts and raise
Absolutely!! Larger rooms and open floor plans can
dropping the price gradually, and sold it for
$165K. There are a few reasons why we feel
this property didn’t sell as quickly as our other
Being that Arkis has been in existence for a
year now you will receive your tax forms
earlier than last year. But please
A: Rates May Make Refinancing
present a challenge, but pairing patterned rugs with
solids or bordered rugs allows you to create defined
deductibles. This will decrease your bill.
8. Get free at last.
Stop paying for ATM fees. Make sure you
homes. We were competing with single-family
REMEMBER before you file your taxes; Sense
area for sitting or dining within a space. Keep one retrieve cash from your bank's ATMs. If
this doesn’t work for you, change banks so
make sure you have received our tax form element, such as color, as a common factor, and think
homes at this price point. Also, homes under you access your money easier and without
(K-1) for your investment. of traffic flow when you’re planning placement.
$150K statistically are selling faster. By Thank you and Happy New Year! fees.
-Lowes, Creative Ideas 2009 -Money Magazine, Sept 2009
accepting this lower offer we were able to free
up capital, not lose any money, and not have to Shelly Argyrakis
rent the unit.