development starts and land prices begin to move up, some land holders
put their acres up for sale. We call this pre-developed land because
there are indications that further development is coming about 10 years
into the future.
company is an expert in the selection of land in the path of growth.
They use a 10 point system to determine which pre-developed land in
what areas have the best chance of appreciation. Without this ability
to select the correct land, someone's investment in land might not produce
the appreciation needed for a $5,000 per month income after it is sold.
1972, I purchased a new house in the sticks (Santee, CA) for $23,500.
and today it is worth about $375,000. This is nice appreciation, but
let me tell you about the mistake I made. I think it was around 1976
when I considered buying a residential lot in a new development called
"The San Diego Country Estates" for about $3,000 and it was
even deeper in the sticks. It was one of the better lots and it bordered
the national forest on 2 sides.
decided not to do it because I would have needed a loan and didn't want
another payment. Today, that lot is worth about $250,000. That is more
than 80 times its cost in 30 years. If self directed IRA accounts existed
during this time and I had the money in the account, I would own that
land today and be a quarter million richer. The government has made
this opportunity available for you today, so take advantage of it while