Starting at $50,000

This scenic community rests atop the Cumberland Plateau in central Tennessee. Known for its glorious acres where wooded and lakefront homesites have been thoughtfully placed to make the most of their scenic setting,this community will attract people wanting a second or retirement home in an tranquil setting.

Right next door lies the wooded 7,000 acre Bledsoe State Forest and the 22,000 wilderness acres of Fall Creek Falls State Park- Tennessee’s most beloved natural sanctuary, ensuring much of the surrounding area will remain undeveloped.

Two spectacular, lakefront recreation pavilions, heated pool with waterfall, boat docks, tennis courts and basketball court are proposed as amenities as well as a 18-hole golf course!

Prices: Homesites — $50,000 and up

Deposits: 10% -20%, depending on buyer’s credit

Area Appreciation: 18%-20% increase in 2006

Exit Strategy: Hold 3-5 years for maximum Return on Investment

Conference Call: Thursday, January 31, 2008 7:00 PM Pacific
For more information call Brooke Johnsen at 310-460-9240
Pre-Development Investing or Land Banking
A Little Known but Not New Investment Strategy
Land is considered a hot commodity-as Mark Twain once said “buy land, because they’re not making it anymore”.

In essence, pre-development investing or land banking is the process of buying and holding undeveloped land for future sale. Parcels of land desirable for land banking are those in regions positioned for rapid growth and appreciation. The initial goal is to buy undeveloped land that will increase substantially in value as the area around it is developed.

The idea of land banking as an investment strategy came to the forefront in America at the turn of the century. Since then several individuals have become self-made millionaires by purchasing large tracts of land where the development opportunities were just beginning.

But land banking started much earlier. Way back in American history, numerous fortunes were made in land banking by families like the Rockefellers and others who grasped the value of buying and holding unimproved or pre-developed land. These savvy investors did nothing more than buy and hold land. In recent times, people like Bob Hope, Donald Trump, and Howard Hughes are famous for purchasing land that made them a tremendous profit when later sold.

In 1990 Trump was $900 million in debt. He made an amazing comeback by land banking. Of all his properties, the property that excites him the most is his undeveloped land parcel, the Rail Yards located on the West Side of Manhattan. This 100-acre plot of undeveloped land along the Hudson River is one of the last remaining land parcels left in Manhattan.

Trump understands the value of land banking. When interviewed, he states his one regret is that he didn’t buy and hold more undeveloped New York City land when he had the chance.

Bob Hope was also a firm believer in land banking. He became one of the richest people in Hollywood by investing in Southern California land when it was mostly orange groves. He owned at least 10,000 acres of land in the San Fernando Valley, 8,000 acres in Palm Springs, and 7,500 acres in Malibu. With his recent passing, estimates of his accumulated wealth reach as high as one billion.

As Adam Smith stated: “Land is the basis of all wealth”. The good news is it is not too late to get involved in land banking or pre-development investing. History repeats itself. Buy land in an area that is just beginning to be developed, and watch your property value increase as the infrastructure is put in place.

Steps to Pre-Development Investing- Land Banking

• Identify an area that still has reasonably priced, undeveloped land in a region that is experiencing strong migration patterns (boomers, senior Floridians) and is positioned to grow substantially in the next years.
• Choose a community that has special features that will make it easy to resell the property to a home buyer in the future (amenities like golf, equestrian, mountain views, coastal, river or lake property)
• Buy a parcel of land at Phase One or Phase Zero in a pre-development community where the developer has plans to put in the roads, water, and amenities, in the upcoming years.
• Hold your land 3-5 years or build a home on it depending on your investment needs.
• Invest your profits from your land resell and start the process over again.