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23 April 2019 | 8 replies
So a 1031 from buildings into raw land is perfectly fine as long as it is being held for investment.
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22 May 2019 | 1 reply
There is not a lot of good info to be found on raw land financing.
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23 April 2019 | 1 reply
Purchase price: $1,900,000 Cash invested: $1,700,000 Put in Smoke Detectors (there were none...seriously), CO detector, cured raw sewage in the basement, etc.
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6 May 2019 | 14 replies
I assume that the best structure would be a mixture of cash and loans, but would love advice.I need to find/purchase raw land (currently looking around 10-50 miles outside Austin City Limits), build out the infrastructure with my construction company, and ideally purchase/own all of the trailers I rent out at a monthly rate.Questions:1) How much of my own money should I use (20%, 50%, as much or little as possible)?
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11 October 2016 | 42 replies
Literally there is nothing for 2 or 3 miles on Las Vegas Blvd, the world famous Strip, from South Point to the M Casino (the price of the raw land is too high to build anything other than high income generating properties like casinos but nobody is building casinos).
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12 July 2017 | 31 replies
Then raw numbers are given which are either disregarded or refuted.
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14 April 2016 | 61 replies
After many years into the real estate game, cash or credit may not seem the obstacle they once were, so I have to "reach back in the files" to pull out an old memory (to quote Alan Jackson "Drive")......I recall being very thrifty and a saver in my 20's (I had an insane dollar a day budget thing I did in the early 90's on canned beans, loaf a bread and raw carrots, which I would not recommend, unless you live in a mobile home on a construction site like I did at the time)...
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24 November 2015 | 2 replies
Sit down with them awhile and do some detective work, too, like actually call insurers, trash and utilities, mortgage brokers, tax authority, etc...Your calculations will only be as good as the raw numbers (and I find sellers may give rosy estimations sometimes, rounding income up and expenses down)...
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21 January 2016 | 9 replies
My wife and I have flipped a couple of raw land deals.
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14 December 2015 | 14 replies
A few years back I made this sweet template which uses raw data and generates a full report through searching, matching, and adding various columns.