NEVER Buy Cheap Land Without Knowing This...

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In today's video I take you on a tour of a 2.5 million dollar property that might end up costing us millions more. Watch the full video to find out how. Don't forget to like, comment, and subscribe to follow this property's journey!

0:00 - Intro
0:36 - Overview of the Property
3:57 - The 3 Parcels and Our Plans
5:57 - The Issue
7:36 - Tips and Final thoughts

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More about me:
I’m a House Flipper and Real Estate Investor who is actively doing deals each and every day. This channel is going to give you an inside look alongside me in the trenches! Your going to see The Good, The Bad and The Ugly when it comes to real estate investing AND you will learn some cool stuff along the way TOO!
I started my career in Real Estate Investing in 2010. I was a young 23 year old with no college education or real estate experience. Over the next 7 years I built a successful House Flipping business and became a millionaire by the age of 30. Fast forward to present time and I continue to grow my House Flipping business each year and I have built up a rental portfolio that’s valued at 30MM.
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How much would it be if the entire bottom portion was built into 4 story apartments and condos with some kind of ground floor retail plus townhouses. Then breaking up the top portion into 4000 sq ft lots with smaller single family homes on it that are basement plus 3 stories above and turning the whole thing into a HOA. In about 5 years you could probably make the money back for the bridge. Plus if you could get some kind of major store in the retail space which would bring in reoccurring rent like a CVS or 7-Eleven

KevKev
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How is that legal? I mean, the terms were set before you made the purchase. Right?

If that's the case, how can the city throw in something else? 🤔

alphaomega
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Build the bridge, and tell the city that when others need to use the bridge, you will have to charge a toll for the use of bridge you built.

RobertKuskin
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Looks like they got you by the short and curlies.

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And people whine to libertarians, "but who would build the roads?'

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