Daily Real Estate Properties LLC (DRE) is a real estate investment company that acquires moderately distressed properties and rehabilitates the homes. The homes will then be offered for sale or rent to the general population, particularly low-income families, seniors, and disabled individuals. This process will enhance the neighborhoods and provide affordable housing options in the local communities.
DRE was founded in May 2018 and is owned by Brenton and Mollie Mitchell. Brenton and Mollie love giving back to the community and helping members of their community to acquire affordable housing on their way to living the American dream. The company will initially serve communities in and around Killen, Alabama. In time, the company plans to expand services across the region and even throughout the country.
DRE owners have invested $40,000 in personal funds to get the business to this point. The company expects steady growth as it is able to establish a flow of buying, rehabbing, and selling properties. The company will foster networks with contractors to ensure homes are completed in a timely and professional manner. The company will implement advertising activities to accelerate growth. The local market has no shortage of individuals and families seeking quality and affordable housing. A recent HUD report states, “ North Alabama is expected to face a significant shortage of low income housing and apartments within the next 18 months.”
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