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Creative Real Estate Investment
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An example of innovative real estate investment? I'd work that paid $3.40 an hour, when I was young, and I somehow saved enough to buy my first piece of real-estate - 2 acres near where I lived. It cost $3,500. <br /><br />I spent a few hours eliminating wash, discussed a driveway with records, and hand painted a sign. I bought the land for $4,750, with $250 down, $100 per month, at 11% interest two weeks after I got it. Together with the capital gain, my annual return on investment was more than 20. This was my first genuine estate investment. <br /><br />Creative Investment - The Important <br /><br />Because the owner needed quick money, I bought the land cheap [http://www.prweb.com/releases/sell-your-house-fast/austin-texas/prweb9888711.htm sell your house fast] . I solved his problem. Because the consumer needed simple terms I sold the land higher than the market price. Next problem solved. Solving problems could be the key to creative owning a home. <br /><br />Cell-phone businesses, stereo, police departments and the others need hill tops for his or her systems. The thing is that they can not tie up their capital buying them. One innovative individual found ways to solve their problem. <br /><br />He got six-month options on hill top qualities for some hundred pounds. Then, when he found people who needed them, he would get a long term lease signed [http://www.youtube.com/watch?v=LLDD5JFyKWM we buy houses] . The tower was built by them them-selves, needless to say. With a rent in hand, it had been an easy task to get money to exercise the option and buy the properties. He invested a few hundred dollars to create years of revenue. <br /><br />Woods are expected by lumber mills. A friend of mine solved this problem by making a company cut half the trees on his small home. They settled $4,500, and when they were done I could not see the huge difference. The house was worth as much the day after the cut because the day before [http://www.hippiehollowhomes.com/7-tips-on-selling-your-house-fast-in-austin-texas-video-blog/ like i said] . My buddy lived there, but an innovative investor could get property like his, offer half the trees, maybe clay or gravel also, and then re-sell the land. <br /><br />You have to determine what they are, to resolve issues. Do people need easy terms? Removed plenty? Lumber? Greater usage of a piece of property? Smaller bits of property? Condos in place of flats? The list could go on. Remember that solving dilemmas could be the key to creative real estate investment.
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