We've invested in some land in Ferley Nevada that is about 30 minutes outside of Reno. The prices of real estate in the small town is just amazing!! Land is selling 50k -180k an acre for development.. We have some next to a gulf course ;-)
Well, my partner in Reno told me that we have a cash offer for our property. Its not the asking price, however, its a good starting point. We plan to counter and see what shakes out.
P.S. I already got a phone call from my new marketing strategy. This is a good sign. Hopefully, we'll meet and I'll be able to help this homeowner out. Stay tuned..