David Morgan
Panama City Beach, FL (USA)
Role(s):
Founder/Owner/Principal
Emerald Coast Property Solutions
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Startup
Location:
Panama City Beach
Industry:
Real Estate
Year Founded:
2012
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Not Incorporated
Description:
Emerald Coast Property Solutions is a Florida -based wholesale real estate company that buys and sales wholesale properties within Florida and USA. Emerald Coast Property Solutions will balance a healthy growth of revenue while providing the wholesale of acquired properties to qualified Investors with an investment guaranteed a minimum of 20% equity and/or profit. Sales are projected to be $350,000 in year one and growing to $600,000+ within two years.
The Market
Emerald Coast Property Solutions will target owners with a desire to sell fast or preserve their credit, Realtors marketing investment properties, etc., as well as, qualified Investors interested in purchasing investments properties within Florida and USA. The largest segment of Investors that they will service is a group of Investors that have opted in to receive notifications of newly listed properties. This segment is growing at 12% per year. This segment is especially attractive since most of the local properties that are geared toward our Investors are units in need of minimal rehab and a high margin for profit. The second market segment is to provide funding to other investors. This segment is also very attractive due to the amount of investors that are able to find very profitable deals across the country. The third market segment is subscribers that have requested more information on real estate investing in general. This segment includes new investors or people that are interested in learning the profit making strategies involved with investing in real estate.
Strategy
Emerald Coast Property Solutions, will initially focus their efforts on locating and buying investment properties that require very little rehab. Once the properties are purchased, each property will be marketed to the established list of qualified Investors that have requested notification of available properties. This course of action will be initially pursued as a way to efficiently utilize capital and establish a reputation within the Investor community. Future projects will include expanding our current custom website designed for Investors to both purchase and post investment properties, as well as, a means to build our database of potential buyers.