Bruce Miles
Littleton, CO (USA)
Role(s):
Third Watch Enterprises
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Startup
Location:
Littleton
Industry:
Real Estate
Year Founded:
2006
Number Employees:
INVALID
Description:
The company is a start-up business venture developed by one individual for the sole purpose of investing in residential real estate. This business plan lays out a simple strategy for developing a long-term real estate investment company by leveraging an initial investment of $500,000.
Our business model is to market the company to a consistent stream of motivated sellers that are willing to accept discounted wholesale prices for their property. The properties are primarily resold at retail prices to generate working capital for the company. We pay all closing costs and do not use real estate agents to execute the transaction, thus eliminating agent's fees.
The financial goal is to leverage $500,000 in seed money into a stable company with a Balance Sheet in excess of $2M in assets after