Ronald Klug
Tehachapi, CA (USA)
Role(s):
AAA Homes & Development, Inc.
Find More Startups
Startup
Location:
Tehachapi
Industry:
Real Estate
Year Founded:
2006
Number Employees:
INVALID
Description:
AAA Homes & Development, Inc. is a land development company doing business in growing areas throughout California since 2003. In 2006, the company plans on using investor capital to acquire buildable land zoned R-2 or R-3 for the development of multi-family neighborhoods. The company will subdivide these lots while building one four-plex which can be completed within 12 months. Three of the units will be rented out while one unit will be used as a model. Then they will proceed to build the other four-plex units during year two and three. The company may retain ownership of all built units for five to ten years to take advantage of market appreciation. The plan can be modified to yield shortterm, or longterm dividinds, cash out, residual, and equitable incomes.