Land - Auction purchase and Sale

[Roberta Melo]

Investment Info:

Other other investment in Wright.

Purchase price: $289
Cash invested: $289
Sale price: $6,000

Land purchased through Commision of lands of Arkansas Saline county and sold as an investment

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

Starting low, quick sale

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

Doing the Hunter's method learned from a Course with a brazilian land investor

How did you finance this deal?

Myself paid

How did you add value to the deal?

Just added my phone sign

What was the outcome?

Very nice for this lot. Other lots we did not sell yet which is taking much longer and costs are being assumed on top each month.

Lessons learned? Challenges?

Yes.
Would have purchased 3-4 lots other than 11.
This is taking longer for most lots and incurring costs on this

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

Not for this deal.
I will for the remaining ones.