Charles Scheriger
Sidney, TX (USA)
Role(s):
Scheriger Property Investors
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Startup
Location:
Sidney
Industry:
Real Estate
Year Founded:
2006
Number Employees:
INVALID
Description:
Scheriger Property Investors purchases distressed properties, restores them and resells them to the general public within the Brown, Comanche and Erath County areas in Texas. The company will not only create employment opportunities but will also help bring a new look and lifestyle to once battered neighborhoods. Generally the company searches for properties that need simple cosmetic improvements, however, property that has physical damage will be purchased if the cost of the original purchase combined with repair cost does not exceed 80% of the properties Fair Market Value once the work is complete. The Company will purchase properties that will have a secured profit of $10,000 to $20,000.