An example of creative real estate investment? When I was young. I had a job that paid $3.40 an hour and I somehow saved enough to buy my first piece of real estate - 2 acres near where I lived. It be $3,500.
I spent a few hours removing brush outlined a driveway with logs and hand painted a write. Two weeks after I bought it I sold the land for $4,750 with $250 down. $100 per month at 11% arouse. With the capital gain my annual go on investment was over 20%. This was my first real estate investment.
I bought the land cheap because the seller needed fast change. I solved his problem. I sold the arrive higher than the market value because the buyer needed easy terms. Second problem solved. Solving problems is the key to creative real estate investment.
Cell phone companies communicate stations police departments and others need hill tops for their towers. The problem is that they can't tie up their capital buying them. One creative investor found a way to understand their problem.
He got six month options on hill top properties for a few hundred dollars. Then when he found those who needed them he would get a long term lease signed. They built the tower themselves of cover. With a lease in transfer it was easy to get financing to apply the option and buy the properties. He invested a few hundred dollars to create years of income.
Trees are needed by walk mills. A friend of exploit solved this problem by letting a affiliate cut half the trees on his small property. They paid $4,500 and I couldn't see the difference when they were done. The property was worth as much the day after the cut as the day before. My friend lived there but a creative investor could buy property like his sell half the trees maybe clay or gravel too and then re-sell the land.
To solve problems you undergo to figure out what they are. Do people need easy terms? Cleared lots? walk? Better find to a piece of property? Smaller pieces of land? Condos instead of apartments? The list could go on. Just bequeath that solving problems is the key to creative real estate investment.
Related article:
http://jehanpmrrex.blogspot.com/2007/11/creative-real-estate-investment.html
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