1. Sales Phase after the Stabilization Process
1.1. A Ridgecrest Realty office to be located an office at La Mirage
1.1.1. Falling Man Insurance
1.2. Ridgecrest Realty Exclusive Listing Brokerage
1.2.1. Wholesale
1.2.1.1. Sell Large Income Rental as 'batches' to cash investors
1.2.2. Retail
1.2.2.1. Control the Comps
1.2.2.1.1. Sell units at $65k,$75k and $80k @ # bedrooms
1.2.2.1.2. Out of town buyers
1.2.2.2. La Mirage is a PUD
1.2.2.2.1. Each unit has its own APN
1.2.2.2.2. PUD automatically qualify for VA, FHA and Conv, financing.
1.2.3. Sales Phase 2
1.2.3.1. Bank Financed / Retail Direct
1.2.3.2. Estimated Gross retail sales for phase 1 and 2: $8-$12 million
2. .
3. Stabilize
3.1. Ridgecrest Realty
3.1.1. Secures the HOA contract
3.1.2. Property Management
3.1.2.1. Maintenance
3.1.2.1.1. 1. secure / evict
3.1.3. .
3.2. .
3.2.1. Phase 1
3.2.1.1. Remodel/Prep for selling the existing units
3.2.1.2. .
3.2.1.3. Increase security patrols / install panic telephone pillars, webcam installation through out.
3.2.1.4. .
3.2.1.5. Initial Clean out of entire grounds
3.2.1.6. .
3.2.1.7. Zero scape
3.2.1.8. .
3.2.1.9. Repair fencing
3.2.1.10. .
3.2.1.11. Gate
3.2.1.11.1. control and limit access
3.2.1.12. .
3.2.1.12.1. Check and repair wiring, plumbing and roofs
3.2.2. Phase 2
3.2.2.1. Turn remaining units