Become a Real Estate Tycoon - Start your career with this project@Orlando (Genuine, Not Dallas type)

[Sreeven]

4 hours ago, Hitman said:

Hello Friends,  We are working on a temple project in Orlando. We five friends in Orlando are purchasing a 21 acres lot and out of which 5 acres will be donated to build Sri Krishna Ashthalaxmi Temple, there will be 40 homes build adjacent to temple as a gated community, approximately 8000sft-10000sft lot size, buildable home size 2250sft to 5000sft @ $220-$230/sft, homes will be build 100% vasthu with either east, north or west facing, initial amount to purchase the land is $55,000 and another $55,000 to develop the lot. It is estimated at $110k we will get a buildable lot. We are already under contract to purchase this land and will be closing the land by August 18th.  

This is two-three year project, after purchasing the land, it involves zoning change, public hearings, land development and obtaining permits, which could take few years to obtain. 

Goal of this project is to purchase land, donate land for temple and build 100% vasthu homes around and live near temple. We are estimating the cost of 10000sft lot to be $110k, this includes donation of land to temple, we estimate that if you don’t want to build home, lot can be sold at $140-150k after development. If you are interested let me know, we can have a call to discuss and I also can schedule a with our group to understand the project.

Thank you, 
 
330-881-xxxx
407-460-xxxx

Anna a 110k endulo pettina next 3 years lo 150k avutundi..appudu 140k ki konna 10k save kada..

[Konebhar6]

7 hours ago, Hitman said:

Hello Friends,  We are working on a temple project in Orlando. We five friends in Orlando are purchasing a 21 acres lot and out of which 5 acres will be donated to build Sri Krishna Ashthalaxmi Temple, there will be 40 homes build adjacent to temple as a gated community, approximately 8000sft-10000sft lot size, buildable home size 2250sft to 5000sft @ $220-$230/sft, homes will be build 100% vasthu with either east, north or west facing, initial amount to purchase the land is $55,000 and another $55,000 to develop the lot. It is estimated at $110k we will get a buildable lot. We are already under contract to purchase this land and will be closing the land by August 18th.  

This is two-three year project, after purchasing the land, it involves zoning change, public hearings, land development and obtaining permits, which could take few years to obtain. 

Goal of this project is to purchase land, donate land for temple and build 100% vasthu homes around and live near temple. We are estimating the cost of 10000sft lot to be $110k, this includes donation of land to temple, we estimate that if you don’t want to build home, lot can be sold at $140-150k after development. If you are interested let me know, we can have a call to discuss and I also can schedule a with our group to understand the project.

Thank you, 
 
330-881-xxxx
407-460-xxxx

30k to 40k returns in 3 yrs on 110K investment. Kashtam bhayya. If you put the same money in a bank deposit with 5% compound interest, you will get 28K in return after 3 yrs. 

See risks below .. 

• You don't know the developers. Ilanti schemes already vesaru Dallas lo... ilanti scheme ki padithe, izzat pothadi.
• The return price is not guaranteed. With more chances of housing market crash due to rate cuts, your capital is stuck and you may have to even sell for loss .. 
• 2-3 yrs projected period ante, it will be 3-4 yrs guaranteed before the project is completed. 
• Developers won't put guaranteed timelines with fines for every month missed. 
• Developers won't put guaranteed returns no matter the housing market condition. They wont give personal guarantee for the money invested. They usually have the standard wording that you are taking the risk and nothing is guaranteed. Selling the land will be your problem.

 

[FrustratedVuncle]

17 minutes ago, Konebhar6 said:

30k to 40k returns in 3 yrs on 110K investment. Kashtam bhayya. If you put the same money in a bank deposit with 5% compound interest, you will get 28K in return after 3 yrs. 

See risks below .. 

• You don't know the developers. Ilanti schemes already vesaru Dallas lo... ilanti scheme ki padithe, izzat pothadi.
• The return price is not guaranteed. With more chances of housing market crash due to rate cuts, your capital is stuck and you may have to even sell for loss .. 
• 2-3 yrs projected period ante, it will be 3-4 yrs guaranteed before the project is completed. 
• Developers won't put guaranteed timelines with fines for every month missed. 
• Developers won't put guaranteed returns no matter the housing market condition. They wont give personal guarantee for the money invested. They usually have the standard wording that you are taking the risk and nothing is guaranteed. Selling the land will be your problem.

 

110k at 5% compound interest tho 28k ela vastadi anna 3yrs lo?
maha aithe 17,500 vastadi.

[Konebhar6]

8 minutes ago, FrustratedVuncle said:

110k at 5% compound interest tho 28k ela vastadi anna 3yrs lo?
maha aithe 17,500 vastadi.

You are right.

$127,761 vachindi final amount (google sheets lo). Investment 110K kada. Nenu 100K ki calculate chesa.