40 Acres raw land in California

[Rich Silva]

Investment Info:

Other buy & hold investment.

Purchase price: $89,000
Cash invested: $89,000

40 Acres Land. purchased for hold. Road installed and cleared. Well added. Current value aproximately $350,000.

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

Sensing market declines we have been into buy and hold on land

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

I know the land values in Ca. When I found this it ws a no brainer.

How did you finance this deal?

Cash

How did you add value to the deal?

Add a road, clear the land, add a well, and when ready I will present it far better than the original owner.

What was the outcome?

Still on hold

Lessons learned? Challenges?

So far it has gone as expected aside from equipment challanges.