Gregory Pope
Santa Clarita, CA (USA)
Role(s):
The Real Estate Medic, Inc.
Find More Startups
Startup
Location:
Santa Clarita
Industry:
Real Estate
Year Founded:
2006
Number Employees:
INVALID
Description:
The Real Estate Medic is a real estate investment company. The short term strategy is to buy property(foreclosure, pre-forclosure, motivated seller, etc.) at below “Fair Market Value”, rehabilitate the property and sell the property for a net profit of 5%-10%. The target market is “First Time Home Buyers”, or “Lower Income Buyers” (in our local market this is the $400,000 range). Within 1 year the projected inventory is 3-4 units with a minimum of 6 completed transactions. The Real Estate Medic will also acquire rental properties as the opportunity arises. The need for funding is to invest in Real Estate.