Miami: Doral - Kendall | Fort Lauderdale: Davie
SERVICES
LET'S INVEST
ROI
RENOVATION
REVIEWS
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"Experts in growing your capital through property auctions"
Somelco specializes in purchasing property deeds from Foreclosure and Tax Deed Auctions, which result in excellent returns on your investments.
Since 2011, Somelco has purchased more than 7 million dollars in real estate deed in South Florida.
mission
We grow our investors' money. How do we do it? We use our expertise to buy properties at foreclosure or tax deed auctions. Then renovate them for rent (Keep) or for sell (Flip).
SERVICES
Flip or Keep your property, whatever you decide, we provide all the necessary services to assist you increasing your capital.
SOMELCO TEAM
BUY
Sofia Melean
MANAGEMENT
Frank Escalona
SELL
Ana McCain
RENT
Aileen Garcia
REPAIR
Francisco Silva
BUY
REPAIR
SELL
FLIP
BUY
REPAIR
RENT
KEEP
LET'S INVEST
BEFORE THE AUCTION
Procedures to follow by Investor(s):
1. Sign the Somelco Consulting Agreement and wire-transfer 5% of total investment directly to the Court.
2. Somelco will send the weekly auction. You need to inform us the desired properties and their maximum bids by 12:00pm the day before the auction.
3. Somelco’s team of experts will bid for the best property’s deed at the auction for you.
AFTER THE AUCTION
If the property is yours, within 24 hours you need to transfer the 95% remaining balance directly to the Court and submit to Somelco our commission fees.
If the deposit is not used during the auction, the 5% deposit will remain in the Court until the next auction.
We don’t just buy properties, we buy great investments for our clients.
ROI
Since each property is unique, rates of return vary per property. These are examples of properties Somelco has purchased for our investors along with the costs incurred and the profits obtained.
Somelco’s return on investments is much higher than standard investments products such as stocks, bonds, or investment funds.
ROI
59%
Adams
ROI
52%
US1
ROI
47%
Bermuda Club
ROI
43%
Homestead
ROI
39%
Versailles
ROI
37%
Little Havana
ROI
28%
Coral Way
ROI
16%
Fontainebleau
ROI
97%
Lauderhill
ROI
42%
Deerfield
ROI
39%
Plantation
ROI
18%
Wynmoor
ROI
32%
Peppermill
ROI
22%
Continuum
ROI
52%
Doral
RENOVATION
BEFORE
AFTER
BEFORE
AFTER
REVIEWS
“With the help of Somelco, I was able to purchase six properties in 2018 at amazing prices. They helped me select the properties with the most potential and I earned an average of 30% return on investment!”
Erika, Coral Gables, FL
“Somelco helped me buy an apartment in Homestead for $57,000 in 2014. I was able to rent it for two years; and afterwards I sold the apartment for $105,000. It was an incredible investment as I was able to double my money.”
Adrien, Miami, FL
“Thank you Somelco for helping me buy an apartment in Little Havana for less than $70,000. I have been living there for the past three years and the current market value of the apartment is $130,000. I will receive a great return once I sell it!”
Gloria, Miami, FL
“I bought a duplex in Brownsville with Somelco for $55,000 in August 2016. I made some repairs and I was able to sell it for $195,000 a year later.”
Carlos, Miami, FL
“Thank you Somelco for helping our company increase our capital! We had great return on investments with your help!”
Interglobal LLC, Miami, FL
“I won an auction with the Somelco team in March 2015 and I was able to purchase a farm in the Redlands for $66,000. It was a great financial asset and my whole family gets to enjoy using the farm.”
JC, Miami, FL
“Somelco helped me select the best investments, recommended contractors to repair the properties, and assisted me with finding tenants. Now I receive a steady passive income.”
Diego, Miramar, FL
“Somelco team helped my company buy three properties in Miami and Broward in June 2016. They helped us to repair the properties and sell one and rent the other two. We had excellent returns on our investments.”
Dana Inc, Miami, FL
“My family and I began investing with Somelco in April 2014 with $57,000. The Somelco team always recommended the best properties to meet our desires whether it was looking for properties to rent out or to flip. Now our capital is around $400,000 with the help of Somelco and their advice.”
Infanta Family, Miami, FL
“I am a realtor and I was able to work with my client and Somelco to make an excellent team to buy an apartment in front of Miami Dade College in Kendall for $84,000. The apartment has been rented for the past 4 years and has been providing a monthly income to my client in Venezuela.”
Realtor Zully, Davie, FL
“My associates and I decided to diversify our portfolio and begin investing with Somelco in 2018 with a budget of $700,000. They helped us buy properties in Coral Gables, Hollywood Beach on Ocean Drive, Fontainebleau, Homestead, Sunny Isles, and in Biscayne. We received a return of $210,000 overall.”
Dreams of Hope LLC, Miami, FL
"I'm so happy, I just bought a triplex for $ 237k."
Dani - August 5, 2019
“Today our company was the winner of a $ 180,000 duplex”
Andina LLC - August 6, 2019
