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Updated about 1 year ago,
10 Acre Land Purchase in Kingman Arizona
Investment Info:
Other buy & hold investment in Bayonne.
Purchase price: $30,000
Cash invested: $4,000
Sale price: $30,000
Two 5 acre lots purchased
What made you interested in investing in this type of deal?
Luke Bryan and Jordan Davis and the sweet gal that sold me the land. It is the perfect canvass for a beautiful future
How did you find this deal and how did you negotiate it?
I found it online. I would love to share who helped and how it was completed but I don't want to get my post deleted again for advertising.
How did you finance this deal?
Seller Financed
How did you add value to the deal?
Good question, I really don't know how to answer this. I honestly don't know how someone who purchases the land can add value during the purchase. Maybe I'm understanding the question incorrectly. I plan to add value in numerous ways. Developing the property, creating a couple income generating sources on the property, making it more beautiful to look at, creating a quality and cozy natural place people WANT to enjoy.....I have a lot of ways I will add value to that gorgeous land.
What was the outcome?
I made a happy purchase from a terrific gal that I hope I will be able to do lots of business with in the future!!! Good people.
Lessons learned? Challenges?
Trust my instincts...do my due diligence.....sometimes it's best to suffer and wait for the right thing as opposed to just accepting whatever......save......grow a circle and always have contingency plans.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes I did, I would love to put her on blast because I think she is amazing but I won't because I don't want to end up getting my work deleted and these posts are working to type out. So, if you want hands down the best land agent around.....ask me....