Business
Train Travel Holdings Inc. to Complete the Acquisition of Turnkey Home Buyers USA Inc. in the First Week of July 2015
Train Travel Holdings Inc. to Complete the Acquisition of Turnkey Home Buyers USA Inc. in the First Week of July 2015.
About this update from Turnkey Capital, Inc.
[{"type":"text","content":"\n \n \n Train Travel Holdings Inc. to Complete the Acquisition of Turnkey Home Buyers USA Inc. in the First Week of July 2015\n \n \nTrain Travel Holdings Inc. to Complete the Acquisition of Turnkey Home Buyers USA Inc. in the First Week of July 2015\n \n FT. LAUDERDALE, FL--(Marketwired - Jul 7, 2015) - Train Travel Holdings Inc. (OTCQB: TTHX) (TTH) announced, this week, the signing of a definitive agreement to acquire Turnkey Home Buyers USA Inc. (Turnkey). Train Travel Holdings Inc. has two divisions; a railroad holdings division, and a commercial and residential real estate development division. The acquisition of Turnkey Home Buyers USA establishes operations in the company's commercial and residential real estate division. This acquisition should close during the first week of July 2015. \n Turnkey, which was founded in September 2014 by TBG Holdings and Robert and Joseph Blair, offers clients a full suite of services for residential and commercial real estate transactions. As part of the acquisition, the company will acquire Turnkey's subsidiary, a real estate brokerage firm, to handle the sales transactions. Turnkey generates revenue in three primary ways: coaching and mentoring real estate investors to improve their returns, leasing and sales of quality turnkey rental properties, and brokerage of residential and commercial transactions. \n In September 2014, Turnkey acquired the intellectual properties of Robert Blair Real Estate, which included videos, instructional books, and an established real estate investor education program. In the last two Quarters, Turnkey has acquired a real estate rental portfolio with over 20% equity and generating a double-digit cash-on-cash annual return on investment. Prior to September 2014, Turnkey's current management team had been mentoring real estate investors for over 20 years, generating millions of dollars in educational revenue, while providing quality wholesale properties for sale or rent.\n Turnkey Home Buyers USA Inc. will be run as a subsidiary of Train Travel Holdings Inc. and is planning to execute aggressive marketing campaigns and live seminars that will drive traffic to both the education and coaching programs, as well as the wholesale turnkey properties the company offers to its clients. \n \"Turnkey has constructed a strong foundation to support the accelerated growt...