re: Buying investment properties...

They are the real deal no shite, and cost next to nothing, go try and buy one and see what the owner says, that's a good sign, unless you offer them a premium they'll tell you to frick off, they make money, with next to no risk.

Banks like to loan money on then too.

A super one was built in the last five years. The walmart will be going up in less than six months and a new Lourdes hospital will be going up as well. All withing a half mile radius off of exit 4. Carencro is about to explode.

I know all about "leach marketing" I just dont know how far it'll expand. Like I said my prop is about a quarter mile from where Walmart will be going up and it currently zoned for residential. I'm also not a a dumbass and know that can change with a signature

Sq in terms of?? Residential?

There's prob no comps on that road in terms of commercial. My property lies in between the service road from an interstate and a state highway with no commercial props. My prop is directly east of the new walmart ( which will be along the frontage road). So basically there's the interstate, the walmart will be built just east of the interstate and my prop is directly east of the walmart. All that land just east of the Walmart is residential ( which will be behind the walmart)

Two of our family friends sold the prop to walmart and let's just say they received absolute top dollar. No negotiating at all. Walmart came in and offered 7 percent over asking price ( one land owner already had prop for sale and when the other heard walmart was looking they also put prop up)

I just think i won't be as fortunate bc my prop is east of all this.

Trill I'll love to see what you pull up. Thank you. I am only going by what the prop owners are saying. They are good pple so I trust their word. For now.


Now this info hasn't even hit the news yet so I don't know if you'll have records on it just yet.

I wouldn't tie my land up with anything residential if you think it could be within the next few years that it may sell.

You may actually discourage buyers as the mess of evicting the mobile homes could be more than what a company may want to deal with.

You could cost yourself a deal or at the very least getting the best deal possible for that land.

Also, once you stick residential units on it you may have a harder time getting it rezoned.

ETA: If you want to put a small investment on the land while you are trying to sell it stick a billboard on it. Another uncle of mine has a few including one digital one and does really well with them.

That close to the interstate you would have no problem renting it out.

One of the two prop owners that sold to walmart is my client, they showed me their non disclosure agreement. All I can say is wow. Wal mart does NOT frick around at ALL

Well one I don't know bc they aren't my client. My clients are just going to buy some more muni bonds. Can't beat triple tax free income.

They really don't need more income, but like any other American they're tired of paying Uncle Sam.

Honestly. That's less than what my client brings to the casino

I do like a little Dickson street though!!

Maybe a csb. I was in Fayetteville for walmarts shareholder convention a few yrs back when k. Underwood performed. I've NEVER seen so much gorgeous poon in one mile stretch than Dickson street that weekend. Holyyyyyyyy frick.

Oh and another funny thing to us Cajuns. Right across the street from walmarts hq is an iberia bank