Business acquisition of an online Real Estate Investment Company (REIT) providing affordable land ownership to people across the US. The business model is a high-profit, turn-key, land-flipping business.
The business model is a high-profit, turn-key, land-flipping business. The team buys and sells high-value, rural vacant land without ever visiting the property or making any improvements. Properties are bought in cash for 25% of retail value, and profits are doubled by selling at 75% of retail value, still offering customers excellent value, but with massive upside by this firm. The difference between the contract with the seller and the buyer (spread) generates revenue.
The team focuses on high-profit land deals that can be simultaneously closed in cash for more than 100% return and a minimum of $20,000 net. Established nearly five years, the business has built a strong reputation with buyers and sellers and can be grown tremendously from where it is today.
An existing portfolio of contracts with property owners is on the market, ready to close, and will be included in the acquisition, setting a buyer up for immediate success. The instantaneous scalable system includes outsourced, trained professionals covering nearly every part of the business. Operations are entirely online and focus on finding deeply discounted land deals and selling for cash.
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