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Updated about 1 month ago on .

User Stats

20
Posts
6
Votes
Ambica Pilli
  • Rental Property Investor
  • NC
6
Votes |
20
Posts

First Land Investment!

Ambica Pilli
  • Rental Property Investor
  • NC
Posted

Investment Info:

Other buy & hold investment.

Purchase price: $6,000
Cash invested: $6,000

Invested in a Land in suburbs of a development hub providing jobs to 10k employees. As a future visionary, we invested in this piece and now valued at over 83k.

What made you interested in investing in this type of deal?

We were looking for opportunities to port our money in land closer to future job development. This area had tremendous opportunity as big companies bought land to start operations in this area.

How did you find this deal and how did you negotiate it?

Found through an online resource, negotiations on the phone. It was a steal of a deal!

How did you finance this deal?

All cash!