Richard Von Alvensleben - CEO and Sales Manager of LKT, Inc

CEO and Sales Manager at LKT, Inc

Nationality

American

Work category

Other

Education

Bachelor/Degree

Today, Richard Von Alvensleben works as a Construction and Sales Manager at Von Vesting, Inc., purchasing, improving, and reselling single family residences in Sacramento and the San Francisco Bay Area. For the last 10 years, Richard Von Alvensleben has worked as a Construction and Sales Manager in the construction industry, refurbishing and flipping dilapidated properties, from 2001 through 2010 at Eldorado Holding Company, Inc., and since 2011 at LKT, Inc., dba One Up Construction, where he is Chief Executive Officer. He has purchased, improved, and sold over 1,500 properties during this span, completing 450 home flips in 2008 alone.

Richard Von Alvensleben's Professional Experience

2011 - Present

LKT, Inc - CEO and Sales Manager

Purchased, rehabbed and resold over 1,500 properties in the last decade Returned investors over 20% IRR in nine (9) of the past ten (10) years Have worked with varying degrees of capital, peaked with total debt & equity of approximately $49,000,000 in 2008 Approximate 54% return to investors (IRR) in 2008—best to date Approximate 14% return to investors (IRR) n 2002—worst to date Built $6m rental fund (purchased, improved and rented approximately fifty two (52) properties for angel investor group)—currently in its 4th year of 7-year plan— estimated 12% non-leveraged cash-on-cash return plus approximately 17% equity. California Licensed General Contractor via LKT, Inc. (d.b.a., OneUP Construction) Madison Holdings, LLC, Property Management Company, in operation since 2003

Richard Von Alvensleben's Education and Qualifications

1986

Bachelor/Degree - Marine Technology

Santa Barbara City College

Associate's Degree

Richard Von Alvensleben's Additional Information

Links

Interests

golf, fishing, anything outdoors (hiking, biking, camping) riding snowmobiles with family in Northern California mountains.