R&R Home Properties LLC | Application Preview
R&R Home Properties LLC is seeking government grant funding to lease three additional units and enhance existing ones with improved amenities. The company aims to invest in synthetic grass for conservation purposes.
The business plan over the next five years includes acquiring properties for short, medium, and long-term rentals, as well as engaging in property development and flipping.
The applicant highlights their dedication and work ethic, bolstered by 21 years of military service. They emphasize a commitment to providing for their five children and developing a sustainable real estate career fueled by passion.
In terms of competition, R&R faces national brands with extensive property portfolios. However, the applicant believes their personalized service and local knowledge provide a significant advantage. They prioritize guest satisfaction by directly addressing inquiries and ensuring a welcoming atmosphere, which sets them apart from larger competitors.
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General Information
Business Registration Number: 92-0505144
Location: Temecula, CA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
With the funding I plan on leasing 3 more units and updating the current units with more amenities for the guests. Also upgrades to synthetic grass to cut down on water usage.
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Business Plan
In the next 5 years I plan to start purchasing homes to use as short, medium, and long-term rentals. I would also like to stay looking at developing housing and flipping houses. I am a hard worker. I spent 21 years in the military before retiring. I work hard for my 5 children. I always make sure I have a plan that will help me succeed. I am passionate about real estate and do everything I can to make this a sustainable career for me and my family.
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Self Identified Competition
The to 3 competitors are national brands with hundreds of houses across the nation. The one thing I have that they don't use a personal touch and local knowledge. I genuinely care about my guests and answer all questions personally. Because I am smaller, I can give each first more attention. As stated above, I ensure all my guests have a fantastic stay. I use short term housing when my family and I travel so I know what guests are looking for. I go above and beyond to ensure my neighbors are not bothered and the guests have a memorable vacation.
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Contact Applicant
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