DLP Realt

$300 million in assets, and expects revenues of $100 million, this year. “We’ve built out all of our platforms and all of our core businesses,Wenner states. “Now, it’s a matter of consistent growth, of building efficiencies, continuing to bring in amazing talent and building those models out. Our multi-family apartment community now has 3,500 apartments.We’ll grow that from 3,500 apartments across seven states to over 20,000 apartments across 10 or more states over the next few years, and very possible will continue forward to being one of the largest multi-fam- ily operators in America. This year, our lending business will fund 300-350 loans across 12 or 13 different states, and over the next couple of years, we’ll expand into over 40 states & over 1,000 loans closed per year. Our goal is to become the largest private bridge real estate lender in Ameri- ca by 2025, but I expect we will actually get there closer to 2022-2023.” Regarding the competition, while Wenner admits that there are always competitors in the various segments of the real estate market, he maintains,“there’s no company that’s in all of our sectors; who does all of the things we do.”More- over, he believes that he doesn’t really“compete” against anyone because his business models are so different from the norm.“We’ve tried not to have competition.What I mean by that is our focus on each business we go into is to position ourselves very differently.We’re doing something very differ- ent than most other companies in the space, so, in a way, there is no direct competition.” For example, instead of focusing on loans,DLP of- fers lines of credit.“In this type of business, nobody had really done it consistently-providing lines of credit to active real estate investors,”he avers.“Now when an investor is looking to buy real estate,we DREAM LIVE PROSPER (DLP) COMPANIES open a line of credit for them.They have a facil- ity that will provide all their capital needs and it doesn’t matter if they have a loan to fund today or not, because we are offering a relationship and a solution.They open a line of credit with us, regardless of whether they have a property or not, and now, every time they’re buying a property, they’re not going out and looking for a loan–they already have the facility in place. Therefore,we don’t really compete with other lenders, because we’re going after something very different.They’re trying to sell loans; we’re trying to sell a relationship. It’s a perfect exam- ple of howwe differentiate ourselves.” “Our positioning ourselves very differently continues as well when working with home buyers and sellers. Through our Elite Pre- ferred Buyer Program and an Elite Preferred Seller Program, we offer a complete solution with a lot of unique benefits.We have the guaranteed sale, where if we don’t sell your home, we step in and buy it; nobody else does.We have a two-year love it or leave it guarantee. If you buy a home with us and you’re not happy, we’ll buy it back from you, or sell it for free –your choice.We offer a wide range of additional benefits. You don’t pay for a home inspection or a termite in- spection; it’s all covered.We guarantee the lowest rate on a home mortgage; we guar- antee the lowest cost property insurance.We take care of all of these things with a turnkey solution that mitigates a lot of stress, anxiety, and costs, which nobody else offers.” DLP’s internal operations are equally unique. “The average real estate agent in America sells three homes each year; a good one does ten to fifteen per year. And, 99.99 percent of real estate agents in America are straight commission,”Wenner explains. “A