frank aufiero
oklahoma city, OK (USA)
Role(s):
TALT PROPERTIES, LLC.
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Startup
Location:
oklahoma city
Industry:
Real Estate
Year Founded:
2005
Number Employees:
INVALID
Description:
Gross sales in 2007 of 750,000.00 with a net profit of $100,000.00 , Based in Oklahoma City , our company wholesales properties to investors in the Oklahoma and Florida Markets. We recently launched a Dallas and Ft. Worth Partnership. With the current downturn in the Market , we seek to capitalize on the severly discounted prices of single family homes . We will use the capital to secure distressed properties, make minor repairs and then we intend to lease with option to buy these properties to retail buyers on 2 year leases. We average acquiring homes at 50-60% of current market prices. We seek a net profit per house in the 15-20% range.
Owner has a second company that specializes in the buying and selling of Land in many Florida markets. In 2006 gross sales were in the $2,0