What we do
The main products are houses, multifamily, simple family, commercial properties, Mobile home, and Vacant Lots that we purchase form Tax Sales list form the Counties in the USA
Tax liens and Tax Sale Properties Houses (Single family, Multi family, Commercial property, Mobile Home, and Vacant lot and Builders Companies. We buy from the auction of County, list of Land Bank, Struck off list, Over the counter list, Repository list, Commissioner of lands of state. Our target market is the national general public like, young, adults, seniors, homeowners, married, divorced, Wholesales, Fix &Flip companies and real estate investors and Builders Companies.
The focus of Alphaville is on the medium class market, some case could be the high-end- Luxury market. We buy different quality of houses and vacant lot, as we buy at the list or by the auction, are focus are purchase lower price, most of the time we pay just the amount of tax that the previous owner hasn’t pay to the county, this reason we can be very competitive with end prices below the market price. Our costs are in the range of 10% to the maxim 45% of properties market price.
The current margins depend on the kind of properties.-Single family: 80% to 150% -Vacante lots: 200% to 1.000% Our profit margins are about 40%.
We have different kind of competitors
We need the capital to purchase properties in the tax sale auctions in different counties in the Arkansas state, Pennsylvania, Minnesota, Louisiana, Hawaii, Kansas. Until now $250,000.00 has been invested by the owners. We need at least $2,000.000.00 dollars borrowed to purchase 10 houses and some vacant lots. This will help to purchase more properties and take advantage of the opportunities because at the moment there are many auctions of properties with lower prices.