Lagrand Rentals & Realestate Inc. | Application Preview
Lagrand Rentals & Realestate Inc. is seeking government grants to complete a second rental property remodel, which is expected to double monthly revenue. The funds will be allocated for purchasing materials and hiring a team to expedite the project's completion, allowing the property to be listed on the market quickly.
The business plan involves adding a fourth home to the current four acres of land, marking the limit for new developments on this property. Once completed, Lagrand Rentals aims to explore additional real estate opportunities, including mobile home parks, condos, and apartments, to create a diverse investment portfolio.
The applicant, a 23-year-old who began in real estate at 20, is motivated by personal responsibilities, such as caring for a 67-year-old father, and a strong desire to secure a better future for his family. He has overcome significant challenges in life and is determined to succeed. He envisions a net worth of over $1.5 million in the next five to ten years, driven by a commitment to professionalism and high standards in managing his rental properties.
In terms of competition, while the Florida real estate market is rapidly expanding, there remains a demand for rental properties. Lagrand Rentals faces competition from an older mobile home park and other private landlords. The business analyzes local rental data to offer competitive pricing.
Lagrand Rentals distinguishes itself by providing unique features such as full-acre land plots, complete fencing, community amenities like a pool, and a focus on nature and family. This sets the company apart from competitors that offer more restricted living spaces. Overall, Lagrand Rentals is committed to providing a superior rental experience aligned with its values of community and nature.
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General Information
Business Registration Number: 88-1294867
Location: Spring Hill, FL, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
I would use these funds in order to finish my second rental remodel and double my monthly revenue. I will use the funds to buy materials and hire a team to finish the rental within a reasonable time so that I can put it on the market
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Business Plan
I plan on moving off property’s and placing down my 4th home onto the property. Once the 4th home is set there will be no more new opportunities for that 4 acres. Then I will be looking for more land and more realestate opportunities such as mobile home parks, condos, and apartments. Having a diverse portfolio is something I strive for. I am 23 I started realestate at 20 years old and fell in love. I am a care giver for my 67 year old father as well as working part time. Im working hard now so that I can bare the fruits of my labor and be able to take care of my family. I am trying to make a future for myself and eventually my family and kids. I am determined to succeed seeing how I have over came a lot in my life and haven’t gave up yet. And now there’s more people counting on me just keeps me motivated. In 5-10 year I see myself having a net worth of over 1.5 million. I have a lot of goals for myself that I am very confident in achieving. I try to take care of all my tenants/customers and I always do business as professionally as possible. I take great pride in my corporation and high standards that keep me from failing.
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Self Identified Competition
While Florida is a FAST growing realestate state there are still a lot of people looking to rent. There is an older mobile home park that has been around since the early 90’s as well as a trailer park for 5th wheels. While those are the only “big” competitors there are plenty of private landlords, I pull numbers from my surrounding areas what is available and what has been taken off the market to come up with rent so I effectively can give a better price for the package you are getting from me. Although there is competition there aren’t to many places offering what I offer as in a full acre of land completely fenced in with a community pool and pound area. At Lagrand rentals & realestate inc. we take pride in having nature and enjoying Florida while parks only give you enough space to park or in a subdivision where you get a quarter of an acre that your house takes much of. We are all about family animals and nature. Not to many surrounding competitors offer the complementary things that we offer.
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Contact Applicant
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