Tim Schmidt
Dallas, TX (USA)
Role(s):
Founder/Owner/Principal
Cosmo Smarthomes
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Startup
Location:
Dallas
Industry:
Construction
Year Founded:
2001
Number Employees:
1-10 people
Description:
To: Potential Joint Venture Partners
Partnership Opportunity to earn 70/30 Profit Split:
Mission is to buy 50 X 150 Lots in Upscale Community located in Central-Dallas area. [70% profits to the Joint Venture Partner(s)]
The Potential Joint Venture Partner(s) investment will be secured by the real estate.
This Upscale Community is approximately 60 yrs old. Homes price ranges from the $250’s to $ 500,000.00.
Average home price is $500,000.00. Lot sizes are 50 X 150.
Current Owner is a Developer / Builder with its own construction and selling agent teams currently working onsite.
(Phase 1)
The required initial “cash” investment is $500,000.00 (Five Hundred Thousand U.S. Dollars) W / Variable funds available for purchasing and remodeling of up to 2 lots,