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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (49818)	3/8/2006 7:31:50 PM
From: Jim McMannis	Respond to of 306849

Acre lots on say 270 of the acres at $60k would bring you $16.2M. A million or two would buy you a lot of infrastructure especially if you learned to run a dozer. Otherwise I guess your best bet is sell to a developer like the one you mentioned.

To: BWAC who wrote (49818)	3/9/2006 12:40:54 AM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

Even if nothing happens you can always develop in perhaps 3-5 years. For now I think any speculators gong to get burned and building lots going to crash hard. I've still got a nice hilly 40 acre piece near Orlando probably will improve and subdivide down the road. Nothing selling at all anymore down here whether it is land or even homes.. See all the ads in WSJ and USA Today selling improved buildable lots and acreage tracts in new communities up your way? Seems many more have popped up of late..