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Undeveloped Land
Trying to make money buying undeveloped land is a very risky business for most people. Many of us have bought a lot, recreational property, maybe a farm and probably are still paying property tax on it years later. Hopefully you have been able to lease some of it to create enough cash flow to meet expenses. It is not unusual for property in this area that developers are looking at now or will be soon to be priced at $500,000 an acre and up. This puts it beyond the means of many of us? No, it is not beyond our means. This is what the tenants in common (TIC) programs are all about. The low entry points are often between $75,000 and $150,000. That is entry for projects that are priced at several million dollars. We have access to dedicated teams of real estate investment professionals locating undeveloped ground, in the path of development, all across the nation. There is a time to have growth stocks, bonds, annuities, insurance, rental properties, but over time land is one of the better performing investments. The tenant in common program allows ownership of larger more important parcels of undeveloped ground with a minimum investment. This program is also suitable for a self direct IRA. Land investment is not as volatile as stocks. It is a tangible asset. A couple of the listings are available at http://terravistaland.com/propertylistings.aspx
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Dwight Puntigan
Your Professional REALTOR of CHOICE.
Century 21 Premier Lifestyles
1529 Old Highway 94 South
St. Charles, Mo. 63303
Phone: 636-947-6100 FAX:
636-947-6108 Cell: 636-219-6242
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