WHO WE ARE
- We are a real estate residential remodeling and development company. We are located in northern New Jersey. We do business throughout NJ, NY and PA.
- OUR PRIMARY INVESTMENT OBJECTIVE IS TO BUY ABANDONED, DISTRESS, BARGAIN OR REO PROPERTIES AT 50-65% OF MARKET VALUE.
- WE RETURN 15 – 20% TO OUR INVESTORS.
WE PURCHASE MANY OF OUR PROPERTIES DIRECTLY FROM SELLERS, IN ADDITION TO WORKING WITH REALTORS, OTHER ASSET & HEDGE FUND COMPANIES AND BIDDING ON AUCTION WEBSITES.
wHAT WE DO
Tri-State Property Developers LLC creates value by purchasing, single and multi-family distress properties at a significant discount which are vacant and in need of rehab and turning them into attractive functional family homes.
With our experience in buying and selling properties for many years, we know where to look, what to buy, what not to buy, and how to renovate a property to maximize investors dollars.
THE RIGHT NEIGHBORHOODS
LOW TO MIDDLE PRICED AREAS
FAVOR MORE WORKING & MIDDLE CLASS
AREAS (LESS CYCLICAL )
AREAS THAT HAVE SOME TYPE OF POSITIVE OUTLOOK CATALYST
(ACADEMIC,TRANSIT,CORPORATE, GOVERNMENT OR MUNICIPALITY)
(Don’t be a Pioneer….too much risk)
- The U.S. Banking Industry is estimated to be still sitting on $250bil + in Non Performing Loans.
- Foreclosures are prime projects for Home ‘Rehabbers’
N.J. is the NUMBER 1 foreclosure State in the U.S.
- 21% of N.J. residents are first-generation Americans. This huge number creates so many opportunities for communities to change and housing opportunities to arise!