A good example of innovative real estate investment? I had a job that paid $3.40 an hour or so, 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.

I spent a couple of hours removing wash, outlined an entrance with records, and painted by hand an indication like i said . Fourteen days after I got it I bought the property for $4,750, with $250 down, $100 monthly, at 11% attention. With the capital gain, my annual return on investment was more than 207. This is my first proper estate investment.

Creative Real Estate Investment - The Key

I bought the land low priced, since the owner needed fast money. His problem was solved by me. I bought the land higher-than the market value because the customer needed simple terms. 2nd problem solved. Solving problems is the key to creative owning a home.

Mobile phone organizations, radio stations, police departments and others need hill tops due to their systems <a href=“http://www.youtube.com/watch?v=LLDD5JFyKWM”>we buy houses austin</a> . The issue is that they'll not tie-up their capital getting them. One innovative investor found a way to solve their problem.

He got six-month choices on hill top qualities for some hundred pounds. Then, when he found those who needed them, he'd obtain a longterm lease signed. The tower was built by them themselves, obviously. With a lease at your fingertips, it had been simple to get capital to buy the houses and exercise the option. He spent a few hundred dollars to make years of revenue.

Trees are expected by lumber mills. A pal of mine solved this dilemma by making an organization cut half the trees on his little home. They settled $4,500, and I could not begin to see the big difference when they were done. The house was worth as much the day after the cut because the day before. My friend lived there, but a creative investor may buy property like his, offer half the trees, perhaps clay or gravel too, and then re-sell the land.

You have to find out what they are, to fix problems. Do people need simple terms? Removed lots? Wood? Greater usage of a piece of property? Smaller items of property? Condos rather than apartments? The list could carry on. Remember that solving dilemmas is the key to creative investment www .