3 Keys Mobile Homes & Acres (4021 Douglasville)

Raising 28k to finish rehabbing a property

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At 3 Keys Mobile Homes and Acres, people come first, and customer service is our number one priority. We understand that buying or selling a home is a significant decision, and we are committed to providing you with the utmost care, attention, and expertise throughout the entire process. We are a family of professionals driven by a sense of urgency to get things done, and we believe in doing the right thing every step of the way. We recognize that time is of the essence when it comes to real estate transactions, and we strive to deliver efficient and effective solutions to meet your needs. Whether you are looking to buy a mobile home or sell your property, we will work diligently to ensure your goals are achieved in a timely manner. One of our core values is maintaining ethical business practices. We take pride in conducting our operations with integrity, honesty, and transparency. Our team members adhere to strict ethical guidelines to ensure that your interests are protected, and we always strive to foster a trusting and long-lasting relationship with our clients. At 3 Keys, we go beyond just being a real estate agency. We are your trusted advisors, offering guidance and support throughout your real estate journey. Our knowledgeable professionals have a deep understanding of the local market and industry trends. We stay up to date with the latest developments and leverage our expertise to provide you with informed advice, helping you make the best decisions for your unique needs. We believe that communication is key, and we make it a priority to listen to your concerns, answer your questions, and address any uncertainties you may have. Our team provides exceptional customer service, ensuring that your experience with us is smooth, stress-free, and tailored to your individual requirements. Whether you are a first-time homebuyer, an experienced investor, or a seller looking for the right buyer, we are here to assist you every step of the way. Trust 3 Keys Mobile Homes and Acres to be your partner in real estate, where people truly come first. Contact us today to embark on a successful and rewarding real estate journey with a team that values your satisfaction above all else.

The Team

The company has a small team of three people. 

·      I who is the vision bearer and provides direction for the company. I am also the de facto financier. 
·      I have a technical person who deals with documentation, website updates, searches and verifications, COMPs. 
·      And a licensed realtor who works with listings and marketing of the properties. 

The Problem

The American dream of a safe and secure place to call home seems out of reach for many. A vast chasm separates the need for affordable housing and the reality of what's available. Millions of low-income renters, those struggling to make ends meet, face a heartbreaking shortage of 7.3 million rental units. This means for every 100 households desperately seeking an affordable place to live, there are only 34 options that fit their budget. This isn't a shortage limited to a few pockets of the country; it's a nationwide struggle squeezing families in every state and major city. The gap between what's needed and what's available is creating a deep burden for those who simply want a roof over their heads.

The Solution 

In light of the problem stated, our company sees the need to fill the gap by providing low-cost housing to individuals who would otherwise not find a place to call home. As a national wide problem, we operate in all the 50 states in the US. 

The Business Model

We employ the fix and flip business model which revolves around buying undervalued properties, renovating them to increase their market value, and then reselling them for a profit. Our strategy includes Finding the right property where we look for distressed properties like foreclosures, fixer-upper homes, or those in need of cosmetic repairs. The key is to buy low. Then we develop a budget and planning renovations plan where we "fix" the property. With a detailed and lean budget for renovations, considering materials, labor, and permits and being careful not to overspend. We focus on improvements that add significant value compared to their cost. Then we do Renovation and project management, this usually involves hiring contractors, managing timelines, and ensuring quality work within our budget. Finally, we sell the property. This is the time to flip! We price the property competitively based on comparable homes in the area that have sold recently. Considering the cost of renovations when setting your asking price.  The profit is essentially the difference between the buying price (including renovation costs) and the selling price. 

The competition 

From our internal analysis, there are competitors in the sector for which we divide into three broad categories. These include.

  • Other individual investors: These are people like us who are buying distressed properties, renovating them, and selling them for a profit. They are usually looking for similar properties in our target market.
  • Real estate investment groups: These groups pool funds from multiple investors to buy and flip properties. They may have more resources than individual investors and can be more aggressive in bidding on properties.
  • Larger development companies: In some cases, larger development companies are also interested in acquiring and renovating properties, especially in areas where they are planning larger development projects.
Our Vision 

Our vision is to be the leading real estate agency known for putting people first and setting the highest standard of customer service in the industry. We envision a future where our commitment to ethical practices, sense of urgency, and expertise is unparalleled. By fostering trusted relationships, providing informed guidance, and embracing innovation, we strive to be the go-to resource for mobile homes, land and property. Our vision is to make a lasting impact on our clients’ lives, helping them achieve their real estate goals while consistently exceeding their expectations.

Core Values:

  • Integrity
  • Ethics
  • Respect
Our Traction 

We have already acquired one mobile home property that we are working in fixing. We also have individual plots of land bought at Tax Sale Deed auctions. 

Funding Ask 

We are asking for 30,000 dollars. 

Projection 

Winning for us in the short time is fixing and flipping this property at a minimum 60,000 dollars. In the long run we plan to be fixing and flipping a minimum of 15 properties per month and generating revenues of a minimum 1 million dollars per month. 

Closing Side

We plan to expand the fix and flip side of the business into a million-dollar empire for our business. We want to become a household name in the states for anyone looking to buy or sell mobile homes.

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3 Keys Mobile Homes & Acres (4021 Douglasville) is no longer seeking funding.