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Creative Real Estate Investment
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An example of creative real estate investment? I had work that paid $3.40 an hour, when I was young, and I somehow saved enough to get my first little bit of real-estate - 2 acres near where I lived. It cost $3,500. <br /><br />I spent several hours removing wash, discussed an entrance with records, and hand-painted an indicator <a href="http://www.hippiehollowhomes.com/hippie-hollow-homes-buys-austin-houses-fast/">advertisers</a> . I sold the property for $4,750, with $250 down, $100 monthly, at 11% attention two weeks after I got it. Using the capital gain, my annual get back on investment was more than 208. It was my first real estate investment. <br /><br />Creative Real Estate Investment - The Key <br /><br />I bought the land inexpensive, as the owner needed fast cash. I solved his problem. I bought the land more than the market value because the customer needed easy terms. Second problem solved. Solving issues may be the key to creative real estate investment. <br /><br />R / c, cell phone companies, police departments and the others need mountain tops for his or her systems <a href="http://www.youtube.com/watch?v=LLDD5JFyKWM">buy hippie hollow homes</a> . The issue is that they can not tie up their capital getting them. One innovative buyer found ways to solve their problem. <br /><br />He got six-month choices on hill top qualities for some hundred pounds. Then, when he found people who needed them, he'd get a longterm lease signed. The tower was built by them themselves, of course. With a rent at your fingertips, it had been simple to get money to get the houses and exercise the option. He spent a hundred or so dollars to make years of income. <br /><br />Trees are essential by lumber mills. A buddy of mine solved this dilemma by allowing a company cut half the trees on his little property. They settled $4,500, and when they were done I really could not begin to see the difference. The property was worth just as much the day after the cut since the day before. My buddy lived there, but a creative individual could buy property like his, offer half the trees, perhaps clay or gravel also, and then re-sell the property. <br /><br />You've to figure out what they're, to resolve dilemmas. Do people need easy terms? Cleaned plenty? Timber? Greater access to an item of property? Smaller pieces of property? Apartments as opposed to flats? The list could go on. Just remember that solving problems may be the key to creative owning a home [http://www.youtube.com/watch?v=Hbp2zP_B3sg TM] .
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