Off grid cottage on 15 acres

[Account Closed]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $90,000
Cash invested: $100,000
Sale price: $300,000

15 acre land parcel in Up state NY, built a small off grid Cabin, all powered by Propane genset and inverter system, well, and septic with Mountain view.

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

Iam a builder, with a background in land development

How did you finance this deal?

Hard money loan plus cash

How did you add value to the deal?

building it myself

What was the outcome?

It was a fantastic experience, for many reasons including having the vision to find a niche property next to a small ski resort, and customizing it to the "off grid" trend with state of the art off grid power systems.

Lessons learned? Challenges?

Very challenging building in -10 F long distance form home, trucking everything onsite 500miles from my home base in NJ. I