I received a similar BS tout letter....pfft.
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Thanks To A Little-Known SEC Regulation, You Can Own Some Of "The
World's Most Valuable Real Estate" -- For A Fraction Of It's Current Worth
On the Forbes Magazine list of America's 400 wealthiest individuals, real estate outnumbers every other source of income... historically, its the single biggest source of long-term wealth for the nation's richest families.
Today I'd like to introduce you to a unique strategy designed to help you own some of the world's most desirable real estate for a
tiny fraction of what it's currently worth. For example, land
in:
-- HAWAII: worth $10,200 per acre...selling for $150/acre
-- FLORIDA: worth $29,400 per acre...selling for $125/acre
-- CALIFORNIA: worth $25,000 per acre...selling for $175/acre
At these prices, following this strategy, you don't have to worry
about a real estate bubble. In fact, this program is exclusively designed for long-term value investors only.
As your copy of this free report explains, there are a handful of
publicly traded firms in the U.S. that purchased HUGE tracts of land as far back as 150 years ago. These companies still carry this land on their books at the original cost -- as little as $2 an acre.
Why so cheap? Well, following agreed-upon reporting practices "real estate" is carried on public companies' balance sheets at its "acquisition cost." In other words, this land remains on the books -- and on the SEC forms filed with the U.S. Federal Government -- at the same price, forever and ever, no matter how much it increases in value in the real world.
But because these values are buried deep within a given companies
balance sheet, it takes a rare breed of investment advisor or financial analyst to uncover them. Consequently, the companies owning the land are often traded at remarkably low price to assets.
Today, 7 businesses are some of the largest private landholders in the United States. One of the companies, for example, owns more land than anyone else in Florida-more than 1 million acres. Another company is the largest private landowner in Texas, with its own portfolio of more than a million acres. A third company is the second-largest landowner in California. Still another is one of the largest Hawaiian landowners, with more than 90,000 acres.
The Hawaii land, Barron's recently reported, "is worth a heck of a lot more than the market suggests." Plus, with this strategy, you avoid all of the usual hassles of real estate. You don't have
to worry, for example, about qualifying for a mortgage, managing the land, or reading contracts. You don't need a lawyer or a real
estate agent. And you can begin with as little as $18, and a phone call to your regular broker.
The following report is an intriguing read... and may provide you
with an exciting opportunity for a long-term investment that lets
you "buy and hold" in the true sense that strategy is meant - i.e. to help you build lasting wealth.
I urge you to read the report today, if only to give you some great investment ideas for 2003 and beyond... please, enjoy:
The Biggest Secret In Real Estate..... |
