Financial Freedom Investments LLC

Financial Freedom Investments LLC

Print
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.
Amount Raised : $250
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

A note is a financial security that generally has a longer term than a bill but a shorter term than a bond.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments