MISSION
Our mission is to provide long term affordable homes to families.
VISION
Our vision is to become a world-class managed company and the best in the property management industry.
VALUES
Our values are to always treat the customer great, to get better every day, and to always act with the highest integrity.
OUR PEOPLE
Valor Homes 100 LLC began in January 2009. We are very proud of our people. They are dedicated to our mission, vision and values. While we do make mistakes, we always try and correct them. In addition, we try and find the cause of the problems and fix them so the mistakes are not repeated.
STRATEGY
We try to accomplish this mission in the following ways:
1. We purchase homes out of foreclosure at steep discounts.
2. We try to choose homes in safe neighborhoods that are conducive to raising a family.
3. We remodel the homes so they are very attractive to tenants and require low maintenance going forward.
4. We install bars on the windows and the doors of all of our homes as added security for our valued tenants.
5. We attract and reward investors with a good return on their investment.
6. We arrive at a rental price that will pay the investor a fair return. This rental amount is usually 10%-20% below the current market price to rent homes.
7. We try and attract tenants who are honest, that can afford the rent, and that have the potential to stay in our homes several years.
8. We treat everyone fairly and build good long-term relationships.
Valor rents homes to people with good character and good credit. We believe in long term relationships and working with people. A person’s home is more than just an asset. It is a place that provides shelter for families while they make lifelong memories.
Here is what Valor promises:
1. We will keep the home in good repair.
2. We will keep the rent below market rate.
3. We will work through problems with honest tenants who communicate in a timely manner.
Here is what Valor expects from a tenant:
1. The tenant will keep the home in reasonably good condition.
2. The tenant will immediately communicate whenever there are any problems.
3. The tenant will pay the rent on time.
HISTORY
Valor Homes 100 LLC was started January 1, 2009. The founders identified two distinct market opportunities. While there were many great companies managing commercial real estate and apartment complexes, there were very few great companies managing single family homes for rent. There were certainly no large companies managing single family homes. Because of the collapse of the real estate market, the opportunity also existed to purchase single family homes at steep discounts. The founders built Valor Homes to acquire a large number of single family homes for long term rental. They were not looking to flip the homes for a quick profit. Instead, the founders designed Valor Homes to build long term value by becoming a world class managed company.
Valor Homes’ strategy is to purchase foreclosed homes for cash that fit a certain criteria in nice neighborhoods, and then remodel each home to a high standard while achieving a specific annual financial return based on rental income. Remodeling is done with a focus on low long-term maintenance and customer (tenant) value proposition. The homes are then rented to qualified customers. Valor Homes is looking for "happy customers." These are customers who appreciate the value proposition being offered. Valor Homes offers a great home at a reasonable price. The "happy customers" will take care of small repairs while calling Valor Homes to deal with the large repairs, knowing that this understanding is what keeps the rent rates low. Valor Homes aspires to always keep the homes repaired to their standard.