Vacant Land Long Term Buy and Hold.

[Vincent Rinaldo]

Investment Info:

Other buy & hold investment.

Purchase price: $32,500
Cash invested: $32,500

5 acre vacant land in subdivision. Buy and hold in an area with huge growth potential with tourists, Water park Capital of the World!

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

Close to huge tourist attractions in central Wisconsin; Wisconsin Dells, Wisconsin River.

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

Zillow, Agent.

How did you finance this deal?

Cash

How did you add value to the deal?

Planted trees, Blueberry bushes

What was the outcome?

buy and hold, hedge against inflation. Rural land with potential for good growth with expanding tourist area.

Lessons learned? Challenges?

When working with builders have several backup options.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

NA