Brian Logan
Mobile, AL (USA)
Role(s):
Logan & Reed Investment Corp.
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Startup
Location:
Mobile
Industry:
Real Estate
Year Founded:
2005
Number Employees:
INVALID
Description:
We began a C-Corp. in the middle of last month. Our primary goal is to buy and managing already established apartment complexes (with a minimum 80% occupancy rate or more,) and each complexes we purchase will retain all of its staff. These complexes will be secured through (URL removed) and will be scattered across the southeastern US; each complex chosen provides detailed financial statements from the 2004 year. We plan to start off by selling 25% of the corporation to private investors to raise $30million (17,500,000 shares at $1.75 per share) and double our portfolio, with a loan of $30million more (15% of this loan will be devoted to starting an auto insurance company). As a return on our investors money, We will begin paying a $.005 dividend for each share held quarterly (beginning