Riccardo Vanorio
Las Vegas, NV (USA)
Role(s):
Founder/Owner/Principal
Good Business Enterprises LLC
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Startup
Location:
Las Vegas
Industry:
Real Estate
Year Founded:
2016
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
The business is about Manufactured Mobile Homes which is considered part of the Real Estate universe, even though is actually treated as personal property.
I'm already introduced in 4 of the many communities here in the Las Vegas area and I have a good flow of deals coming in. The business is about selling those units on seller financing terms, which means that typically I acquire the property for a very low price, rehab it and instead of collecting the whole sale price at once, I take monthly payments from the buyer. The average note gives the opportunity to the investor (or the note buyer) to double their money in a 5 to 7 years time frame.
I'll be more than happy to discuss additional details and answer any question you should have in mind regarding this business.
Thanks a lot for your business.