$PRDL - Profitable Developments, Inc. PRDL Compan
Post# of 63699
PRDL Company Description
Profitable Developments, Inc. is a property development company listed on the OTC markets as a Current Information company. Specializing key locations globally in both underprice land as well as in Property; the Company has an aggressive strategy to capitalize on the rising prices of Real Estate.
Their website can be found by going to http://www.profitabledevelopments.com
PRDL Products and Services
Current Projects they are involved in:
Florida - Coral Cove
The prices in this 'water front rich' community start from as little as $19,000 and this includes 3 years Land Holding Taxes as well as any and all closing costs.
These land plots include planning permission for family homes and are currently at less than 70% of their Peak Pricing
Available are Large Developed Parcels of 10,000 sq ft with Full Planning Permission allowing for multiple exit strategies for the company in 3 - 5 years time.
http://vimeo.com/56685234
Belize - Corozal Town
President of Profitable Developements, Carl Grant, had this to say of Belize:
"For years I have heard countless times how investors have ‘missed the boat’ and heard stories along the lines of ‘oh I wished I had bought in Barbados 20 years ago, at $1.00 per square foot in Belize, we will be snapping up the opportunities at Corozal Town, Belize".
The Company has secured access to acres of near beachfront land with planning permission and this gives us the opportunity to simply bank and sell or to go ahead and develop at a later stage.
Average prices for these type plots are increasing by 25-30% per annum and will continue to do so until they come in line with other Caribbean destinations.
Social Housing
Detroit
Detroit is the largest city in the State of Michigan and one of the most important cities for research and development in manufacture in the US, attracting over half a million high tech workers (the fourth highest figure in the US) including 70,000 in the automobile industry.
However, despite the continued government investment in the city's economy and infrastructure, a shift in urban sprawl to the suburbs and the subsequent housing crash has left the metro Detroit area seriously lacking in affordable housing.
The Detroit property market is now fighting back with the help of the Department of Housing and Urban Development scheme (HUD), better known as Section 8, President Barack Obama has himself pledged to support the regeneration of Detroit in the American Recovery and Reinvestment Act 2009.
Property investors can benefit from an ethical investment that recycles houses, turning foreclosed and uninhabitable properties back into homes for the employed, low-income sector. And with a waiting list of over 9,000 people hoping to be one of the lucky ones to live in one of the newly desirable homes, there certainly is mass demand and high rental yields.
Atlanta
The US residential real estate market is in a current state of dysfunction creating ideal opportunities for the buy-to-let investor.
The steady stream of foreclosures (repossessions) coupled with the lack of mortgage or loan facilities for potential home buyers has contributed to driving property values below what may well to be considered “ rational”.
This lack of affordability has resulted in current prices in some cases, up to 60-70% below peak pricing achieved in 2006 and increasing demands on the private rental sector to supply good quality housing.
There is an unprecedented window of opportunity for cash-rich buy-to-let investors to achieve highyielding returns and enjoy immediate solid additional income streams and potential future capital growth as markets recover
Other Property Related Investments
The Board has evaluated these opportunities as high yield, low risk.
Property Bond
Regulated by the Financial Services Association, the financial watchdog in the United Kingdom, the Property Bond that Profitable Developments makes investments in, is as secure as it gets.
Offering a 14% yield, with a 3 - 5 year period and with incremental investments required of only $15,000, this is an ideal property investment for The Company to throw into the mix.
Starting late 2013, Profitable Developments has agreed to invest an undisclosed sum for a 3 year period and has agreed 6 monthly payouts on this 14% yield Bond.
PRDL Key Company Management
Paul Clewlow - CEO
With 25 years of accounting behind him and having served in the Armed Forces before that, Paul focuses the business on the real returns that a well invested Property Portfolio can yield.
With the emphasis on building sustainable value, Paul has travelled across north America ensuring the right deal terms for the Company and is ready to take on the challenge of leading the business in to a successful launch in 2013.
Paul has a strong vision for the Company or building a portfolio of commercial and residential properties that will appreciate in value significantly over the coming decade as well as drive sustainable revenues for the Company.
email: paul-feedback@profitabledevelopments.com
Carl Grant - President
With 15 years of Management Experience behind him, Carl has been involved in brick and mortar businesses since starting as a European Engineer in 2005.
As a leading force behind the business, Carl has travelled extensively across Europe and has been diligently securing contracts with realtors, property developers and home owners for the past 12 months in preparation for the launch in late 2013, early 2014.
Carl's vision for the European property portfolio is to ensure that the security of ownership exists as well as the sustainability of rental incomes and value appreciation underpins any deal he does.
email: carl-feedback@profitabledevelopments.com
PRDL Contact Info
Profitable Developments, Inc.
244 Fifth Avenue, New York. NY 10001
Profitable Developments Ltd
23 Barton Road, Market Bosworth
Warwickshire. UK. CV13 0LQ
PRDL SEC Filings
http://www.otcmarkets.com/stock/PRDL/filings
PRDL Headlines
http://finance.yahoo.com/q/h?s=PRDL+Headlines
Investigate more about PRDL @ http://www.otcmarkets.com/stock/PRDL/quote for more due diligence.