How to Make Money from Rural Land Property - Maslaney, Nicholas W.
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Why buy rural land over other real estate investments? Is there a rationale used for buying rural land properties? Should we buy raw land because it is scarce or because of other factors? This book covers these issues and popular myths including, but not limited to: Myth 1: All Real estate equity is important including rural land property. Realty 1: Equity is an ILLUSION and it doesn't matter when we concern ourselves with rural land and servicing a need for people to live. Cash flow is more important. Myth 2: Buy land including rural land because it is scarce. This is a no brainer. Realty 2:…mehr

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Produktbeschreibung
Why buy rural land over other real estate investments? Is there a rationale used for buying rural land properties? Should we buy raw land because it is scarce or because of other factors? This book covers these issues and popular myths including, but not limited to: Myth 1: All Real estate equity is important including rural land property. Realty 1: Equity is an ILLUSION and it doesn't matter when we concern ourselves with rural land and servicing a need for people to live. Cash flow is more important. Myth 2: Buy land including rural land because it is scarce. This is a no brainer. Realty 2: For rural land, it depends on several factors including access, layout of property, location, development potential, and price. Myth 3: Price of the property is the most important part of any real estate purchase including rural land. Realty 3: Althought important, price only accounts for 20 percent of the overall analysis. Myth 4: Intelligence is the most important trait needed to succeed in the rural land property business. Realty 4: From personal experience, Persistence, Patience, and People(People skills) are more important.
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Autorenporträt
Nicholas W. Maslaney was born and raised in Pittsburgh, Pennsylvania. He graduated with a B.S. in accounting with a minor in economics from Indiana. University of Pennsylvania. He deployed on 3 different ships with the U.S. Navy. He is a Desert Shield/Storm veteran having served aboard the U.S.S. Niagara Falls (AFS-3) during the 1990-1991 campaign. He began his rural real estate investing by buying his first 40 acres in Okanogan, Washington in September of 1991. He met his wife Barbara in September of that same year and was married 15 months later in December of 1992. He has been happily married to her ever since. He left the Navy in 1998 and started his full time real estate investing in January of 2003. He currently lives in western Washington.