Forbes Farmhouse Development

Forbes Farmhouse Development

Multi-phase residential project

Multi-phase residential project

Overview

Raised this Round: Raised: $13,682

Total Commitments ($USD)

Platform

Secure Living

Start Date

01/28/2024

Close Date

08/31/2024

Min. Goal
$100,000
Max. Goal
$535,000
Min. Investment

$500

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.00%

Term Length

5.0 years

Year Founded

2023

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Temple Hills, Maryland

Business Type

Life Style

Forbes Farmhouse Development is raising funds on Secure Living. It is a real estate company building a multi-phase project in Florida. Forbes Farmhouse Development’s project will be a mixed-use residential community in Miccosukee, Florida, and will be used for vacation rentals and event venue rentals. The company will be involved in the construction, operation, and maintenance of the farmhouse project. Kelvin Harris founded Forbes Farmhouse Development in November 2023. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $535,000. The campaign proceeds will be used for site preparation, general site demolition, storm sewer piping, utility, landscape, and other construction-related expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$86,186

$0

Short-Term Debt

$0

$0

Long-Term Debt

$46,260

$0

Total Liabilities

$46,260

$0

Financials as of: 01/28/2024
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Forbes Farmhouse Development on Secure Living 2024
Platform: Secure Living
Security Type: Debt

Follow company

Follow Forbes Farmhouse Development on Secure Living 2024

Buy Forbes Farmhouse Development's Deal Report

Forbes Farmhouse Development Deal Report

Get KingsCrowd’s comprehensive report on Forbes Farmhouse Development including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Forbes Farmhouse Development is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Forbes Farmhouse Development deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge