The Strategy
The Strategy for this business plan is very simple but will get complex as time goes on.
- Obtain enough startup capital to purchase a stressed property, pay laborers, materials, and other miscellaneous expenses.
- Assess property in its economic environment.
- Rehabilitate property to living conditions in accordance with its environmental variation.
- Enter Property into the proper environment.
- Utilize the equity in the property to buy more and repeat.
- Continue Using equity of the houses until the income from the houses is great enough to purchase houses without using the equity of the donor house.
- Pay off all the equity loans. Also, have options to refinance loans for lower interest rates depending on the economic environment of the day.
- At this point larger projects can be developed and dividends can start to be paid to investors.