investor1948's blog

I am in the process of gathering starter homes for my 18 wholesale buyers and 5 retail buyers. I am working with two marvelous women brokers who are 100% with us. My shot for the stars is a 63 acre fernery that has produced a positive cash flow of 68,000 dollars yearly for the past 6 years. It has been appraised at 780,000 in 2011. They are asking only 399,000 for the property. There are 3 rentals and 3 gentlemen who work the fernery, they love it there and want to continue on with the new owners. The land manager is particularly talented in his capacity. He also wants to work for the new owners. This property will appreciate to over 1,000,000 dollars in the next few years, This is a win win situation.