#4 - 5 Acres

[Shane M Plummer]

Investment Info:

Other buy & hold investment.

Purchase price: $35,000
Cash invested: $35,000

3 Acre Parcel
Purchased 3 raw land parcels (2ea. 5-acres parcels and 1ea. 3-acre parcel) as a bundle for $105,000. We then logged all three parcels for a total of $70,000 in logging profits. We are now selling the parcels.

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

Potential

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

Mutual Friend

How did you finance this deal?

Cash and Loan

How did you add value to the deal?

Cleared, cleaned up

What was the outcome?

Waiting for market to rebound

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

No