Krb Deals company information, Employees & Contact Information

Company Investment Description Buy properties at wholesale prices; resell properties at retail prices: The key to the company’s investment is in purchasing properties at wholesale prices. At the heart of the company’s strategy is the ability to identify and secure good deals, targeting properties that can be purchased for at least 20-25% less than retail value. If targeted correctly, purchasing discounted, below-market properties can immediately provide positive returns. We can either assign thee sales contract to another investor (for a profit) without taking possession of the property; rehab and resell the property at a retail price; or hold the property as a long-term rental investment. Make offers based on our Maximum Purchase Price worksheet: To consistently achieve positive net profits, the company has developed a spreadsheet to forecast each property’s net cash profit opportunity. The formula is based on determining the bottom line amount of net profit the company can expect from purchasing a property. Every offer to buy is based solely on whether the investment is a sound business decision. Simply, if the numbers suggest the property may prove to be a successful investment, then an offer is made for the property. The offer price is determined by the formula –which limits our risk in estimating the properties net worth to the company. We limit the number of offers on the table at any given time to the amount of liquid cash accessible; any investor or partnering opportunities present, and the amount of credit we have available. Maintain adequate cash reserves within the company: Debt management and cash flow is paramount concern for the company. We carefully manage the company’s cash flow situation, never allowing our cash reserves to fall below a predetermined level. Establish and follow a goal-based timeline: Setting goals and then following through with each goal is imperative for planning our business. We recognize that investing in real estate cannot be entirely planned, as the actual speed at which properties are purchased and resold is not something we can accurately predict. Nor can we predict market conditions. Following a goal-based timeline keeps us moving forward in achieving our objectives. Build and rely on a team of professionals: We actively build and proactively use a team of professionals with deep experience in real estate investing. The team includes an attorney skilled in real estate; an accountant; several contractors that work consistently with real estate investors; several mortgage brokers and private money lenders; a title company; and a network of like-minded real estate investors. We enthusiastically participate in our real estate investment association, taking advantage of the educational opportunities as well as the opportunity to meet other investors.