Summary
"Investing in Vacant Land" reveals lessons learned by the author from almost two decades of successful vacant land investing. The author has pursued a unique investment approach, generating cash flow while utilizing exceptional wealth-building techniques. His low-risk strategy involves acquiring out-of-favor rural vacant land, creatively adding value to that land, and selling at profit levels traditionally associated only with high-risk investments. This is a "how to" book. Detailed descriptions of investment techniques the author has employed illustrate the basic principles of vacant land investing. The reader is lead through a process that includes how to decide if investing in vacant land is appropriate for him or her, then developing a vacant land investment strategy that is unique to the reader's circumstances. Myths associated with vacant land investing are dispelled. Techniques for creating favorable risk/reward relationships are revealed. The economics of vacant land are examined, giving credence to the author's assertion that we are poised for rapidly escalating property values in the United States. The author defends capitalism as a social good, and encourages the reader to provide benefits to others while creating wealth for himself. Participation in the economy as a provider of capital, rather than as a consumer, is advocated as a path to freedom and a more rewarding life style.
About the Author
John L. Pehrson has been a full-time vacant land investor since 1990. He has been licensed in real estate since 1985, and been a real estate broker since 1993. He is a member of Detroit Area Commercial Board of Realtors, the Michigan Association of Realtors, the National Association of Realtors, the Realtors Land Institute, and the National Council of Exchangors. Mr. Pehrson has been designated an Accredited Land Consultant by the Realtors Land Institute, and an Equity Marketing Specialist by the National Council of Exchangors. In addition to numerous real estate courses, Mr. Pehrson's educational background includes a Bachelor of Science degree from Michigan State University with a mathematics major, and a Masters degree in Business Administration from the University of Michigan.
