-
Security Type
-
Debt/Note
-
Categories
-
Service Businesses
-
Location
-
District Heights, MD
-
Offering Date
-
June 04, 2020
-
Expected Close Date
-
July 27, 2020
-
Target Raise
-
$10.00K-$50.00K
Company Description
Financial Freedom Investments LLC is an investment company with a diverse portfolio of assets within real estate. The company leverages the fix and flip strategy as well as the buy and hold strategy. The direct customers of the business are homeowners and tenants, who buy or rent property that is owned by the company. The indirect customers are investors who benefit from the profits the company brings in on an annual basis.
Key Deal Facts
Giving back to the community is one of our core values
Baltimore-grown business that invests in Baltimore and hires local workers
The approach taken when investing in real estate focuses on sustainability, longevity, and security over making quick cash right now
Eventually plans to acquire vacation rentals in different parts of the world
One ultimate goal is to create an education platform for people to learn the ins and outs of real estate investing and to provide mentorship to new investors
Use of Proceeds
- Mortgages for the rest of 2020 (~$1,860/mo): $11,160
- Water Bills for the rest of 2020 (~$600/mo): $3,600
- Updates and rehab for current tenant properties: $16,000
- Down payment & closing costs for a new property: $11,000
- Debt paydown of highest interest rate loan(s): $8,240
Management Team / Advisory Board Bios
Aekeam Awad
CEO
Aekeam is from Baltimore, Maryland and studied business in college. Over the last 7 years, he has invested primarily in real estate, and as part of a broader market strategy, he has invested in and followed stocks as well. He became interested in, and started learning, real estate at the age of 23, and has found much success with it since then. He mentors other investors and teaches them how to invest in real estate by sharing his knowledge and lessons learned over the years. He has seen the impact that mentors can have firsthand because when he got started in real estate, he was fortunate enough to find two mentors that walked him through their business model step by step. He aims to fill that role for others as he continues to climb to the top.