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    Squaw Valley Property
    February 28, 2003

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Events from 2002

I enjoy my business of working on people's computers.  I enjoy the challenge of tracking down a conflict between software and/or hardware.  I enjoy the satisfaction of making a "dead" computer come back to life.  I appreciate the reactions and gratitude of the computer owners.

My business is still growing, and so I occasionally try to buy property that I can resell at a profit.  Over the past nine years, I have purchased and sold three properties.  I bought this, my fourth property, on the last day of February.  It is a very pretty place on a very quiet road in Squaw Valley, California, which is about forty miles east of Fresno.

 

Each property I have purchased has been a learning experience but none more so than my first.  I got carried away at the auction and bid more than I had planned.  It turned out the property wasn't worth as much as I had thought.  It took a couple of years to be able to resell that property, but I eventually did so at a very slight profit.

With each successive purchase I learned to research a bit better, and I also learned to restrict my purchase price even more.  The second property I acquired was turned around within one year at a bit larger profit than my first.

The third property I bought was what I consider the triumph of my land speculation career, at least to this point.  I was able to sell that property in half a year at a very good profit.  It was a cash sale in which I doubled my investment.

I don't know that I will be able to double my investment in this one, but I do hope to make a little money with this new four acres.

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