13 Ten Mile dr vacant land
Investment Info:
Industrial commercial investment investment.
Purchase price: $239,000
Cash invested: $50,000
Sale price: $349,000
bad investment, held too long, HOA and taxes do not stop. The market did not change as anticipated
What made you interested in investing in this type of deal?
I wanted to develop live/work property
How did you find this deal and how did you negotiate it?
I went direct to owner
How did you finance this deal?
Bank
How did you add value to the deal?
did not
What was the outcome?
Held too long, should have sold sooner.
Lessons learned? Challenges?
Get Ego out of the way to make decisions based on data.
