Wednesday, March 23, 2022 10:23:10 PM
The Interest from our initial reach out was very productive. It is our intention to restart our initial plans before the Pandemic hit. For those who weren't with us from the beginning, our initial plan was to utilize the existing relationships the CEO has established over years with some of the largest home builders in the United States to Acquire and Develop Multi-Family developments ranging into the 300-unit capacity. Unfortunately, COVID Pandemic hit and people no longer were obligated to pay rent. Well, that sure was a punch to the gut, a wrench in the mix; however, you want to say it. Nevertheless, investors dissipated like dew on the grass on a hot sunny morning.No one wanted to invest in rental properties when renters had no legal obligation to pay their rent. NOT A GOOD INVESTMENT! We Diversified!
Our Builders, had much on their plates to deal w with. All projects under construction stopped. Workers were sent home with no indication when things would change. This had a massive effect on our business of Rental Properties. But we are proud to say we are ALL back @ the table.
ANNOUNCEMENT COMING SOON!!
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