Savvy Mom Investor

an easy path to financial freedom

Always split aces and eights.

My family enjoys going to Vegas from time to time, and we like to play Blackjack.  The first time I ever played, I sat down with my Mom and Dad to play, and they gave me the Golden Rule of Blackjack…Always split aces and 8’s.”  Continue on to learn how one of our land bankers split his winning cards.

Part 1:  How an investor turned $17,000 into $300,000 in 18 months…


upside down L

The upside-down “L” to the left is the shape of a 2.27 acre parcel that one of my company’s Chinese investors was apprehensive to invest in because its shape is not “Feng Shui.”  On his tour of the parcel, he expressed this concern to the 3 company associates that took him.  This was December of 2002.

As all of the associates that work for my company know what prime parcels we offer, we often end up investing in parcels in which our clients pass up.  So they informed our investor that they wanted to invest in this parcel if he decided not to.  Knowing what extensive research our company does as well as that our associates must be investors before working for my company, he decided to invest.

One of the first questions people always ask and that our investor asked is, “How long until I can cash out on this?”  This investment is not for market timers.  You have to invest and just forget about it because it is a long-term investment.  Our investor, as well as most of us, is used to cash flow.  However, he took our advice and just “forgot about it.”

18 months later, his parcel was part of a consolidation project.  This project was an 80 acre housing tract.  At arbitrage, he received $300,000

Part 2:  Splitting Aces

Splitting Aces

This is where it gets exciting.  He 1031 exchanged his money, split into 2 beautiful parcels which are in the process of zone changes and are accruing equity daily.  This kind of success is not guaranteed, and land is not an overnight success; but when you have the kind of service my company provides, you can only feel confident in your investment.

February 13, 2008 - Posted by Kelly Burch Abrajano | California, Economy, Financial Freedom, Land Banking, Recession, investment, money, retirement | | No Comments Yet

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