Hello everyone! 

For this week’s podcast, I’m describing briefly the logic behind one of our recent transactions, which raised some eyebrows when made public a few weeks ago.

I decided to partner with multifamily investor Rene Sanchez to acquire a 10.6-acre  piece of land in Covington, GA, for US$ 1,800,000.00. 

The land, located in Newton County, GA has an approved zoning permit for residential development and a proposed multifamily property plan for 176 units and is surrounded primarily by commercial and residential land use areas.

This was a very special and rather unexpected acquisition because we hadn’t bought land before, so it was kind of a surprise to a lot of people.

Please check out this short episode to get an idea of our reasons for this transaction.

Why We Decided To Acquire Land

Real Estate investing is changing, but there are people evolving and thriving. In this podcast we’ll listen to their stories, and hopefully learn from them. I am dedicated to creating a life were I could create multiple passive income and doing something I love along the way. To me the most important part is doing significant work and create great relationships along the way. My name is Abiel Ballesteros, I’m a Real Estate investor and entrepreneur, and I want to help you live the Real Estate Life.

Why We Decided To Acquire Land

The Real Estate Life Podcast