The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-11-15
VACANT PROPERTY EVOKES
DISTRESS.


When Mr.. A. awoke to the realiza-
ton of his loss he found no trouble IN
tracing many day of hard-upness and
caSh-shyness to this vacant and money
swallowing tract Of land
But Mr.. A. is no longer worrying
about that investment. for he took my
advice and now there is a fine collection
of Well-built. incOme-earning structures
rearing themselves upon the ever-ready-
to-bc-lmprOved and valuable land.
Doesn't the example OF Mr.. A. lit
your case eXactly2
Haven't you been land poor these many
days. going without more than the nee
cssaries of life TO pay the taxes on an
Ought-tO-bc-improved tract of land2
can't YOU account now for an ever
II "a cihCh that the very basis of your
financial woes and financial brain-aches,
these many years, consists OF your neg
leCtfulness in not making your vacant
ground pay its own way?
tt is a shOrt-sighted and common mis-
take of Judgment for land owners to be
come too sanguine about the high prices
of the future.
/ say that to hold onto vacant land
year I'm and year out and time passes,
consoling and lonying yourself into be-
GeViug that some day YOU Will get n
whale of a price. is the surcst road 20
the mortgage foreclosure route.
/ actually know Of two old ladies', one
% and the other so. who live on "A corner
lot ON the west side, in rags, restitution
and poverty. enduring and suffering for
the want of wholesome food and sutfl-
SELL THAT CORNER LOT FOR THE
PRICE IT IS WORTH, ABOUT $500,
WHEN THAT SUM, INVESTED AT S
PER CENT, WOULD BRING THEM
$50 A MONTH CLEAN. COLD INCOME.
These old ladies have hung on, stuck
on, and sJriven against the coming on of
very Old age, with one foot in the grave
and the other on the barren floor OF their
humble abode, vdimly hoping 70 get few,
some day, dollars more for the old cor
ner lot.
these Ccuteuarlans should spend for food
and raiment goes to pay interest on
money that Is working for somebody else.
Now suppose instead OF borrowing mat
money to hold the land for Will-O. the
Wisp prices they had made a building
loan and erected many years ago some
substantial, incOme-p1ylnB improve
ments. how different would be their con
OitiOn today.
Long ago the rents would have paid for
the improvements, and these TWO poor,
unfortunate but ultra hopeful creatures
would now be enjoying comforts neces-
sary to make old age endurable.
III you have "a lot, rod, dozen rods,
hundred rods, or even acres OF vacant
land within the city limits, and which
has transportation facilities, don't let IL
remain idle any longer
See me and let me give you the benefit
Of my experience as practical home and
house builder and real estate handler.
I make a specially OF SHuulNlDlllA lar 81
tracts for estates and individuals, and IL
YOU are the guardian of minor heirs pos
sessed of vacant city land; or the admin
istrat0r of a land-lOaded estate: or the
owner OF a single good building lot, don [
let the cock crow twice before you see
me about improving your land. Anything
YOU build VIII rent or sell without delay.
Building was never cheaper than now
and now is the best time 70 build. There s
no frost iu Jhe ground and under my plan
Of using Portland cement concrete under
the foundations, firm, crack-proof walls
are provided.
Remember. you don't need any money
10 start building If YOU have the land.
make the building loans at very low in
tercst and give YOU the privilege 10 pay
me back i'm smaller monthly imstallments
than rent However. YOU have the prlVt-
loge TO pay as much as you can.
Bear in mind that good intentions are
prone to melt like snow before a July
SUM- and it requires decisive action and
stern determination 20 accomplish your
greatest needs
AND MAKE UP YOUR MIND TO CALL
DETERMINE no IMPROVE YOUR
VACANT LAND AND THUS GUARD
AGAINST CONFISCATION BY TAXES
AND INTEREST.
j. DOMAIN REAVIS,
IS W. ID so. PHONE 173.
AT THE SIGN:
WHOSE ROOF is OVER YOUR
HEAD?"