florida full send llc | Application Preview
Florida Full Send LLC is seeking government grants to support the purchase and preparation of three rental properties. They plan to allocate $10,000 for down payments on each property and use the remaining $20,000 for necessary renovations to make the homes move-in ready.
The business aims to expand over the next five years by adding two homes to its rental portfolio each year, focusing on providing affordable housing options for the local community. They intend to involve their nieces and nephews in the business, teaching them valuable skills from a young age.
The grant would be an investment in the Hillsborough County community by creating more affordable housing, allowing residents to allocate their finances towards improving their lives, thus fostering community leadership. They face competition from cash investors who can purchase homes more quickly, while Full Send LLC is taking a slower, more measured approach due to their full-time jobs and savings habits.
What sets them apart is their commitment to community growth rather than profit. They plan to reinvest all earnings into the business to offer more rental properties. The need for affordable housing has intensified, particularly post-COVID-19, and they believe that receiving a substantial grant would enable them to expedite their efforts in providing quality homes for families without causing financial strain.
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General Information
Business Registration Number: 86-1436042
Location: Valrico, FL, United States
Length of Operation: .5
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Our funding is going to be dispersed to the down payments of three properties (10k each property) and the remaining 20k will be dispersed as needed through each home to get it ready for move-in as soon as possible
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Business Plan
In the next five years, we plan to grow the business by adding two homes a year to our rental business to provide affordable living for our community. In 2023, we plan to employ our 2 nieces and 2 nephews to start teaching them while they're young. Awarding the funding to our business would be a great investment to help the Hillsborough county community create more leaders by allowing them an affordable home to live in, meaning more room to use their finances on bettering this community and create a stress- free living situation for many in the area.
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Self Identified Competition
Our top competitors are cash investors throughout Hillsborough County because they're cash-ready. We work full-time jobs, pay rent, and slowly save our money in between every home purchase so our process takes longer. Our business is different from our competitors because we're starting this business to help our community grow VS making money for ourselves. All of our money will be re-invested to help us provide more rentals at a faster pace. We understand the difficulties attached to relying on a paycheck to make your monthly rent. With the stress of COVID19, this process has become even more difficult for many people in the United States. We want to start small by helping our community grow and providing affordable, nice properties for families too, live in without breaking the bank. This business will be most effective with a large grant awarded to allow us to move quickly and get homes rent-ready faster than the process we have in motion now.
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