How Fred Tied Up a Tahoe Resort for Just $2M

The Real Wealth Show with Kathy Fettke: The Real Estate Investor's Resource show

Summary: It seems hard to believe, but if you've been to Heavenly Ski Resort lately, you might have noticed a partially completed cement structure on Tramway. That was slated to be a high-end luxury condominium resort, but the former owners walked away after the housing bubble burst in 2009. They had invested nearly $40M in infrastructure, paying $15M for the land and $2M for the permits! In this show, we find out how Fred was able to secure such a deflated price. We'll also learn about his plans for the project that could net $30M in profits. Plus, he will be offering the completed condos to our members first at under-market prices. Very exciting!