Home of the FAREIG & FREI HOMES Income Approach
Welcome to FAREIG LLC
Discover the Automotive business of Fareig LLC
I am David, the owner of FAREIG and FREI HOMES which together is the Double Income Approach. One or both income approaches can be incorporated briefly described below. If you just want a business to thrive and be successful then maybe just the automotive portion is applicable. FAREIG or FREI HOMES are independent of each other, and one does not rely on the other.
FAREIG, the automotive side of this equation addresses the long-term longevity of a vehicle by performing Digital Vehicle Inspections (DVI) & Oil Filter changes, including the Cabin & Engine air filters. A DVI is performed by someone who is a DVI specialist and will know from experience what is common maintenance and what the required repairs are to bring the vehicle back to like new condition.
We then recommend doing the repairs and maintenance suggested by the DVI tech and the special software used to make the story of their vehicle in its current condition to the client. The average repair order from this operation runs $800-$1550 with an approval rate of over 36% on 3640 vehicles in a year. Boom we have a $1,000,000 year enterprise. This is all scalable so if a $3,000,000 operation is your goal we can help.
We then use this newly created list of clients from FAREIG to market the real estate rental & home ownership portion, the Gold FHP rental program. This addresses the “HIGH” cost of home ownership. FREI HOMES cuts the cost of home ownership by 1/3 of that home space. If One to Fifty Gold FHP rentals is your goal great, we can help there too. We designed FREI HOMES and the Gold FHP rental program.
FREI HOMES also supports the home-based business portion of the model which helps Americans with dependable transportation by utilizing FAREIG, and FREI HOMES Gold FHP rental for people to call a place of their own and lay their head at night, called “HOME”! The home-based business gives the power to the people to perform all the above with our support. FAREIG & FREI HOMES addresses the #1 & #2 wanted and admired asset classes in the world, The automobile and the home.
Contact David Darby a member/manager of FAREIG & FREI HOMES LLCs
*********************************************************************************************
