Entrants's Name: Leslie Lloyd
Country: United States
Field: Adult Education
Innovation - idea: Education of city authorities that they can acquire and rehabb and sell or rent old houses, thereby restoring them as viable tax paying homes in their city while beautifying the city.
Educate the city councils, commissioners courts, school boards and all other governing tax collecting bodies that they can legally trade in old houses by restoring them and occuppying them.
Innovation - why it is pioneering: It has not been done on a large scale, but at least 3 towns have done it on a small scale. They are; Winnebago wi., Des Plains Ill., International Falls.
It is new in the aspect that the tax entity is encouraged to take the property and do the rehabbing to a livable condition and then to sell or rent, for profit, as any 'for profit' company would do.
Strategy - how it achieves impact: Convince a city/county taxing entity, to instruct the delinquent tax collector to file suit on all delinquent residential properties, to take them through the Sheriff's sale for taxes, when no one buys them then take to the auction and if no one buys the unimproved houses the taxing entity then rehabbs the house to livable condition and sell it for what the new restored value will bring.
OR; Some for profit company be present at the auction and buy the 'raw' properties, tax free, and the for-profit company to restore the houses and sell or rent the properties at a fair market value in commercial manner.
Strategy - growth plans: 15,000,000 empty houses in cities all across the USA for growth.
Impact to date: I have done several houses as a concernded citizen in the quoted manner.
Future impact: All empty houses to be occuppied by needy folks as 'homes to own'.
Sustainability - resource base: none without money.
Major challenge for the field: objectiions from dealers in real estate - they are the CAUSE of 15,000,000 empty houses because of no profit for them. The status will remain as it is unless a radical change is made in the manner of dealing in residential real estate - that of an entity such as RENT TO OWN HOMES INC doing all things necessary to bypass (eliminate) the 'inactions' that CAUSED the empty houses.
Contact Information:
Name: Mr Leslie Lloyd - retired but wanting to get into this
Country: United States
Website: www.homesezown.com,
Bio: I started buying, renovating and selling older empty houses 30 years ago part time and retired at age of 62 from a job I had for 30 years and invested all my savings in app 100 houses that I developed and sold as EZOWNHOMES.
I was slowed considerably by 5 major surgeries that left me partly crippled but still with the desire and knowledge to do as shown in my website of www.homesezown.com.
I can point to 50 houses that I personally repaired and sold and the families are living in them to this day. At least 50 others that I sold the note to mortgage buyers, at a big discount, in order to have funds to do more. I realize now that was a mistake and I will not do that any more. The big companies do not care about the old house when it is defaulted and the folks move out and leave it empty. I would restore it and sell it again so as not to have it empty, until a stable family stayed with it long enough (usually ten years at less per month than they were paying for rent) to be given a deed - this with help in maintaining the house to livable condition.
When I first used the name of RENT TO OWN HOMES it was the only company in the USA with that name - now there are several using a version of RENT TO OWN. There is not any name in the USA of LANDLORD'S CAFE except the one copyrighted by me and trademark protected by several years of use-percieve the LANDLORD'S CAFE as a means of aiding in the recycling of low value houses by the information dispensed and the knowledge of 'rent cheaters' so as to make all renters/buyers aware they will be put on the 'bad' list if the perform badly and their names will be made public so they may not find a place to live-hopefully the LANDLORD'S CAFE will become nationwide so the 'clout' will be huge.