Joshua McDonnell
Clinton, IA (USA)
Role(s):
Founder/Owner/Principal
McDonnell Real Estate
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Startup
Location:
Tampa
Industry:
Real Estate
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
"S" Corporation
Description:
Rental Property Investment Company
In today's market single homes, duplexes, and multifamily homes are cheap. On Remax there are houses for under twenty five thousand that could be rented with just a new coat of paint. I propose a business plan that simply is "Buy it cheap rent it cheap" People in today's economy are looking for a good quality rental that will not cost an arm and a leg. By careful screening tenants a steady income will be generated. By buying decent rentals cheap this also has an effect of instant equity to finance future acquisitions.