Hello my name is Jeremy.
I'm a fairly new real estate investor with only a few small deals under my belt.
I was recently speaking to a big time investor in my area and really just trying to pick his brain. We speak over the phone several times a month just answering various questions I have. Almost Everytime we speak he ask if I come across any land or historical houses to let him know. Well I came across some land (450 acres for 8.8 million) and I brought it to his attention. I wasn't sure what to expect when I mentioned the property to him but he asked me to send him all the basic info, so I did. Now he wants to meet me out at the property along with some of his developer friends.
In a nut shell I'm not sure exactly what he is expecting from me and I need some help to figure out what my worth is in this deal.
Has anyone ever came across a situation similar to this?
If anything I'll bring home some great experience and some new knowledge.
Thanks again
Jeremy
