Q1: What does PennyReady Ventures do?
PennyReady Ventures is a real estate investment and development company that partners with private investors to build new construction homes in Northwest Indiana and Chicagoland. We find and analyze land, pair it with proven blueprint plans, manage the builder and budget, and handle the entire process from acquisition to final sale.

Q2: How do investors with PennyReady Ventures get paid?
Investors with PennyReady Ventures typically get paid in one of two ways: a secured preferred return or a share of project profits. With the preferred return option, investors earn a fixed annualized return, usually in the 10–12% range, secured by real estate. With the joint venture option, investors receive their capital back at the end of the project and then share in the remaining net profit, often on a 50/50 split, depending on the deal.

Q3: Is PennyReady Ventures a passive investment opportunity?
Yes. PennyReady Ventures is designed for investors who want passive, hands-off returns. Investors provide capital, and our team handles all of the work: land acquisition, blueprint selection, budgeting, construction management, inspections, and the final sale or refinance of the property.

Q4: What types of properties does PennyReady Ventures build?
PennyReady Ventures focuses on practical, high-demand residential properties such as single-family spec homes, infill lots, small multifamily (2–4 unit) properties, build-to-rent homes, and corporate-ready homes that work well for extended-stay or relocation housing.

Q5: Where does PennyReady Ventures invest?
PennyReady Ventures focuses primarily on Northwest Indiana. This market offer strong demand for new construction housing, practical price points, and opportunities on infill land that can support solid exit strategies for investors.

Q6: How is investor capital protected?
Investor capital is typically protected through a recorded mortgage or lien, a signed promissory note, and appropriate insurance such as builder’s risk and property coverage. Projects are built around conservative resale numbers, itemized budgets, and clear draw schedules to help manage risk and protect investor funds.

Q7: What is the minimum investment amount?
Minimum investment amounts can vary by project. In most cases, the minimum is set based on the total capital needed for land and construction. If you’re interested, the best next step is to schedule a quick call so we can discuss your available capital, timeline, and the type of structure—preferred return or joint venture—that fits you best.

Q8: How long is my money typically invested for?
Most projects are structured with a target timeline of about 6–12 months from acquisition to completion and sale or refinance. Actual timelines can vary by project, municipality, and builder schedule, but we plan conservatively and keep investors informed throughout the process.

Q9: Who is behind PennyReady Ventures?
PennyReady Ventures is founded and operated by John Schmoeger, a real estate professional based in Northwest Indiana. John focuses on finding the right land, using proven blueprint systems, and managing the construction and sale process so that investors can participate without having to manage a project themselves.

Q10: How do I learn more or see a sample deal?
The easiest way to learn more is to request a deal packet or schedule a brief introduction call. You can use the form on this page to share your contact information and approximate investment amount. From there, PennyReady Ventures will follow up with more details and, when available, example projects that match your goals and timeline.