Steve Woolstenhulme
Las Vegas, NV (USA)
Role(s):
Manager/Supervisor
Mojave Capital, LLC
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Startup
Location:
Las Vegas
Industry:
Real Estate
Year Founded:
2010
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
Mojave Capital, LLC purchases distressed residential properties, usually bank-owned or short sales, then renovates and resells them. Over 50% of the homes on the market in Las Vegas fall into that category. Approximately 1/3 of all homes for sale in Las Vegas right now are in "contingent" status--an offer has been accepted and due diligence is underway. Sales are very brisk and the opportunity is virtually unlimited.
Steve Woolstenhulme is founder and principal of Mojave Capital. He originally obtained a real estate license in 1978. He has operated apartments and health care facilities, developed and built commercial and residential projects and grown businesses to over 800 employees. He sold his aviation company in 2006 and moved to Las Vegas from Dallas in 2009 to capitalize on the unusual opportunities in this dramatically undervalued real estate market.