Land Banking Pioneer Hosts 2nd Annual Symposium
ACE Capital Group, an established real estate investment company based in Redwood City, California, is proving to be an unexpected success in this economic downturn. For it's products or Land Banking in general go to http://www.ACE4Wealth.com; or just Google "Land Banking".
Palo Alto, CA (PRWEB) January 11, 2009 -- It might not surprise you that in the midst of the worst economic down-turn since the Great Depression, some businesses are still flourishing, but when business happens to derive its revenues from real estate you may want to hear more.
In the little known financial services sector of Land Banking there are some definite winners; and for an established real estate investment company based in Redwood City, California called ACE Capital Group this economic downturn is proving to be an unexpected success. Just this past Saturday the company held their second annual Land Banking Symposium at the Cabana Hotel, Palo Alto, California and had an incredible response.
"Initially we were expecting around 150 of our agents and customers," says Scott Bachman, ACE Capital Group's chief marketing officer. "We were more than just pleasantly surprised when over 300 people attended this year's symposium featuring keynote speakers Bishop Henry Hearns, former mayor of Lancaster, California, and Chen Wang, ACE's founder and CEO."
Now, if you've never heard of Land Banking, it is based on the simple premise of buying pre-developed land and waiting for the value to increase. The key to maximizing your return on investment is to locate the land someplace that is going to experience a rapid increase, and ACE claims to have a proven formula to make that happen. "Look at Silicon Valley and Orange County and their explosive growth in the '70s and '80s; if you had a time machine and could go back and get some of that land anywhere out there, you'd be a multi-millionaire today. By reverse engineering the climate out there at the time, we locate area's that are on the edge of having that same kind of growth today," claims Bachman.
While stocks are rocky at best, Bachman says that ACE's property holding are not just holding their own in trying times but actually increasing. "Let's face it, if you're sitting on a piece of property that you bought 5 years ago for $5,000 per acre and major store change decides their going to build a new store nearby, your property value is going to dramatically increase." These are unexpected words in trying times.
For more Information on ACE Capital Group, it's products or Land Banking in general go to http://www.ACE4Wealth.com; or just Google "Land Banking".
CONTACT:
Sabrina Suzuki
Media Contact for ACE Capital Group
650-364-3330 Ext. 232
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