Thursday, March 11, 2010

Land Investment Philosophy

Will there be opportunities for individuals to invest in real estate and succeed over the next several years? Yes.
Please consider my philosophy as a guide:

Look for a “needle in the haystack” – you do not need to buy.

Relentless knowledge of the market

Look for singles rather than home runs

Get in and get out.

Ensure the end user will make a profit

Think outside of the box

Do your own homework before making an offer – the land will still be available and if not, move to the next opportunity. Relentless preparation.

Do not let emotion rule your decisions.

Know what you want to achieve with the property

Buy only when you are ready to buy.

Use local government as a contract escape clause

Remember --- It is all in the land!

If you should want a further explanation of any of the above points, I would be glad to give you my thoughts.

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