Raymond Hessel
Enid, OK (USA)
Role(s):
Founder/Owner/Principal
FIVESTAR INVESTORS LLC
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Startup
Location:
Enid
Industry:
Real Estate
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
I'm investing into restoring and flipping single family housing and up to four apartments units. I will be working with bank owned properties, foreclosure homes and other properties with problems (divorce, estates, bankruptcy etc).
I locate the properties look at the property and valuate the repairs and then make an offer on the property. If the numbers don't work out that I have set for my company to restore the properties or we receive refusal on the amount offered for the property I will move on to the next property. I'm going to flip at the minim of 5 houses a month or more. I will be working in other states other than my own.
I will purchase insurance on each property under a umbrella to protect each investment we purchase while it is under construction thru till property is sold.
I have talked to a real-estate attorney and account to have them on board as we work thru each property.
I'm the owner of my company and I will be the only one making the decisions on the properties purchased.
Thanks
Raymond Hessel