My Plan to Change the World

[Jamison Remmers]

My Plan to Change the World

Humble Hercules Investments, LLC

Goal for fundraising: $250,000 - $1,000,000

10% ROI for investors

Dividends paid out to our employee and investor family if property is sold.

At Humble Hercules Investments, LLC, we want to work with good-hearted people who want to build their wealth through the many opportunities real estate can offer. I want to personally sit down and get to know each person we work with, to ensure our company is a good fit for them. I take pride in my company and our work in the community, and want Humble Hercules Investments to be the leader the world needs. Allowing only the purest of hearts to work with us will solidify that vision remains constant. Helping these young entrepreneurs along the way will allow them to access financial education they might never have had otherwise. We will oversee and provide their training, allowing them to make offers on properties after approval. They will be able to see past an obstacle and learn from each hardship along the way. We will be there to support all of our family, but also want them to fail on their own at times in order to grow. When these moments of growth arise, we will step in to assist as needed to ensure our plans stay on track. All decisions will be overseen by experienced supervisors to ensure we protect our assets. New deal acquisitions members will receive cash bonuses on their first 4 deals, and ownership options on their 5th deal on, increasing over time. Our goal is to own 100 doors in Oklahoma City's Downtown District, focusing on single-family residences. We will rehab, rent out, and refinance the properties into traditional 30-year mortgages, pulling out all cash initially invested. Each property must pass the 1% rule, meaning the rent we will receive is at least 1% of the purchase price. We set aside funds for property management, capital expenditures and vacancy so we are never caught off-guard. We aim to get each property at around 70% ARV, which starts us off with equity in the deal before we even rehab it. This strategy allows us to bring the property's value up through rehabbing it, in order to get the maximum amount at refinance. Then we rinse and repeat, starting another deal with no cash left in the property. While we move on to the next property, we continue to collect the cash-flow from the initial investment, while the tenant pays down the mortgage. And in a perfect world, the property's value will also appreciate. But even if the market crashes, we continue to collect rent and wait until the property value rises if we ever want to sell. The market has its ups and downs, but historically continues to rise even amongst its downfalls, providing long-term security for our investments. We always aim for the win-win in every situation, from buying the home, working with contractors on the rehab, finding quality tenants, and the interest of the investors. Money will be made, but the knowledge and experience that will be created along the way is priceless.

[Rhett Tullis]

1% in the downtown area of okc is a bit tough right now.  also the inventory there is quite old and in need of alot of capex which will increase your expenses.  be open to areas outside of downtown to get to 100 doors.