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EMAILWIRE.COM, July 20, 2009 ) Wilmington, NC – Rich Morgan has found his career rewarding since purchasing his franchise with HomeVestors of America, the company who is famous for its “We Buy Ugly Houses” billboards. Since graduating from HomeVestors intensive two-week training program Rich has been searching for ugly houses he calls diamonds in the rough, to rehab and sell to improve the look of neighborhoods saturated with vacant houses in disrepair.
Formerly a business manager in the plastic packaging industry, Rich left the corporate world to pursue his lifelong goal of becoming a successful business owner. Joining him as partners in his franchise are his wife, Alisa and close friend, Chip Hascher.
After developing award-winning franchised real estate offices in Dallas and Houston, Texas in the late 1970s and 1980s, the late Ken D’Angelo began to focus on recycling single-family homes. The decision led to the basis which became HomeVestors of America, Inc, the “We Buy Ugly Houses” people.
The “We Buy Ugly Houses” billboard was created in the early 1990s to motivate people who wanted to sell their house quickly and at a discount. Mr. D’Angelo would purchase the home even if it were in dire need of repairs, and then resell the property to real estate investors or renovate the home to enhance the neighborhood and sell to first-time
home buyers.
By the mid 1990s D’Angelo was buying and selling more than 100 properties annually. As the company grew D’Angelo decided to teach others how to buy, repair and sell homes. Ken D’Angelo became the founder of “We Buy Ugly Houses” franchise business system of HomeVestors of America, Inc., the first franchise company of its kind.
Today, HomeVestors has over 250 franchised offices in the US. HomeVestors was named to Entrepreneur Magazine’s Franchise 500 list for six consecutive years and Entrepreneurs “Fastest-Growing Franchises” for four consecutive years. Visit
http://wilmingtonnc.homevestors.com/ to learn more.
Contact:
HomeVestors of Wilmington
Richard Morgan
324 Folly Island Ct
Wilmington, NC 28411
910-297-3519
homebuyers@homevestors.com
