The land has over 14 million in equity( last appraisel dated 4/2005 appraised at $22,000,000)It is half a mile from a very very popular mall, with high in demand stores adjacent from it,and the area is growing rapidly. it is also zoned OCR, so there is so much that you can do with this development.

If you start growing your portfolio even larger you can hire additional help.

For instance: here in my area north of Boston, spending 30-50k on an inground pool will not increase the value by the same amount.

There are so many things he can do to keep his estate growing.

Personally, if I can grow enough, I'm looking for someone I can hire in-house.

Rick Warren, author of the inspirational book, The Purpose Driven Life says, “We grow up to give out.

Just thought i would thank everyone who contibutes there knowledge to the site, as it will help investors grow more wealth, and success.

I would also talk to a surveyor to get his opinion on some of these things.Land in a growing area can make alot of money.

For instance, I recently did a search and compared Zillow's estimate with my own comps that I pulled on the area.

There are a lot more details about houses appreciating or growing in value and about paying down a mortgage, but this is a very basic answer to your question.hillbillywilly