Yasuo Oda

Ellicott City, MD (USA)
Role(s):
Founder/Owner/Principal

City 21 Development, LLC

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Location: Ellicott City
Industry: Real Estate
Year Founded: 2008
Number Employees: 1-10 people
Description: We've started real estate business for residential rehab and rent out projects. Our standard is to purchase property below 65% of ARV or more than 10% cap rate. Our business includes getting buyers lined up before even purchasing properties in order to respond to today's soft market in the industry. Current stage of business is outlined as (not profitable) due to start up, but as the nature of the business, profit will be made as soon as the projects end during 6 month sales period.