Eric Barnes
Columbus, OH (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Barnes Homes, LLC
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Startup
Location:
COLUMBUS
Industry:
Real Estate
Year Founded:
2018
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
I am seeking an angel investor for Barnes Homes. Contact me for the complete business plan and executive summary.
Company Description
The real estate market is changing. It has always been a rather fluid market but recently the trend in many areas has been towards rentals and away from home ownership. This trend seems even stronger in the 20 to 40 year old market. Given this understanding the idea for Barnes Homes was developed by Eric V. Barnes. Mr. Barnes envisions the Company as a real estate investment firm that will specialize in buying and holding multi-unit residential, commercial and mixed use properties. The ultimate goal is to acquire and manage more than 2,000 rental units under the Barnes Homes’ umbrella.
Mission and Vision
Barnes Homes has been established to provide safe and affordable housing with excellent service with a family type of environment.
Goals
Barnes Homes seeks to offer families and individuals safe, affordable and well maintained places to live and work. The Company is aiming to become established initially in the residential real estate market and then to expand into both residential and commercial real estate, expanding operations. The Company is seeking the final portion of the funding needs, amounting to $500,000 in order to complete the purchase of 50 residential units. Barnes Homes has received confirmation that once the $500,000 is made available, the Remaining $2 Million will be released in order to complete the purchase. Investors will receive a regular ROI payment with a balloon payment in five years.
Investment Highlights
In order to accomplish the goals that have been established by the Company, Barnes Homes has laid out a plan of action that will help ensure success. This plan includes the following milestones:
Completed Milestones
Research the rental industry specifically in the Ohio region
Identify potential properties in order to determine the cash requirement for Start-Up
Explore community and statewide programs that
can assist the Company in getting established
Complete business development tasks, including
development of formal business plan
Meet with Broker to secure promise of $2
million once the initial $500,000 is raised
Initiate search for initial funding of $500,000
Initial Operation Milestones
Secure investor funding of $500,000
Secure the Broker funding of $2 Million
Formalize the property management agreement
with REM
Seek out specific multi-unit properties for
purchase
Purchase a minimum of 50 units located in or
near the Dayton, Ohio region
Barnes Homes, LLC
Eric Barnes - CEO (Phone # removed)(URL removed)
C-Level Executive (CEO, CFO, etc.)
EV Barnes Referral Source
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Service Provider
Location:
Columbus
Description:
We build residential subdivisions as well as commercial real estate projects.
Services Provided:
- Real Estate