Reign of Hephzibah is a emerging real estate investing company. Our goals is to produce a colossal portfolio expanding across the Southern Regions of the U.S.
Pitch Video
The Business
This proposal pertains to a single family home that is participating in an upcoming auction September 15, 2021 start time @11am eastern. Located in the Canal Pointe community of Pompano Beach, FL. Land lot sq ft is 5,800/ house sq ft is 1,141 with a total of 3 bedrooms/2 baths. The opening Bid for this property is $7,407.01 due to unpaid liens against property. My end goal is acquiring this property & selling
“AS IS”. $50,000 of funding is needed to make acquisition possible.
The Market
the target market is specifically Tax deed Real Estate.
Objective/Future (Use of funds)
to buy auction properties
to buy auction properties
The Team
Adelphia Cleare - Owner
Exit Strategy
Sell Strategy
Property will be listed 15% below assessed value ($137,460) = $116,841.
Profitable Analysis
Profit $116,841
RIO $66,841
Investor Expectations
$96,736.40 sum amount expectancy of a 40% interest return once property is sold “AS IS” within a 3-month time frame once acquisition as taken place on 09/15/21. 3-month term ends 12/16/2021.
Timing
Offering must be provided no later than 2 weeks before auction to meet deadline requirements. My expectation is to sell property fast no less than a month from acquisition. The 3-month investment term is just in case my expectations don’t meet.
Contingencies
There is a possibility that I may not win bid. Upon me not wining bid offering will be refund.
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