Land Acquisition Buy and Flip

[John Veltkamp]

Investment Info:

Other buy & hold investment.

Purchase price: $18,000
Cash invested: $18,700
Sale price: $24,000

Land Acquisition in Bandera TX

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

I am very familiar with land in this area as a Real Estate Agent, looking for and finding opportunities.

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

Made offer the market offer.

How did you finance this deal?

Cash

How did you add value to the deal?

Knew the market

What was the outcome?

58% ROI. Experience matters

Lessons learned? Challenges?

Great to have a buyers agent sell this property.