Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1916-10-01
Big PROFITS MADE
IN OMAHA GROUND
International Realty Associates
Make Fifty Percent on One
Year Investment.
LOCAL MEN MAKE SALES

Big profits are possible in Omaha
real estate, il one has the money to
buy big tract and plat it.
This is shown by the profit just
made by the International Realty
Associates on Waverly Park Place
jus. west of the Nebraska School for
the Deaf in Omaha
This international body OF real
estate men, with big volume of CAPT
tai back OF it, bought this tract about
year ago, plated it and is now sell
ing out the lots through the Omaha
real estate men. A handsome profit
is already assured.
Eorty-one members of the Omaha
Real Estate exchange went out few
days ago and underworld the whole
eighty six lots in few minutes. That
is, they apportioned the lots out
among themselves at a given price
and contracted to sell them at that
price and turn that money over to
the International Realty Associates.
The eighty-six lots thus totaled $780,
US, or what's said to be profit to
the international Of some $4,000.
The real estate men looked the plat
over when all was graded and the
various municipal services installed
and decided the lots were easily worth
the money so there was no trouble
in apportioning the whole plat out to
these men to be sold by them at a
given price.
Draw Blind Lots.
The lots were numbered, and tickets
corresponding in numbers to the num-
bers OF the lots were put in hat
A real estate man drew blindly out
of the hat as many tickets as the num-
Der Of lots he would agree to dispose
OF at the given price. The number on
the tickets showed him which lots he
will have to handle.
The local real estate men are to
make no profit on these lots. They
are merely to sell them at the price
the international Realty Associates
asks for them.
This is booster move which the
international is carrying on in various
parts OF the country. Omaha is the
third city in which the international
has bought vacant tract and devel-
oped Il, only to be sold at a handsome
profit in the form OF lots. In Duluth
and Pittsburgh the international ac-
complished similar feats. Local real
estate men consider this an excellent
advertisement for realty values, and
any city in the United States is great
ly flattered to have the international
Realty Associates come in and buy
and develop a tract for profit. Their
judgment Is considered good, and
when they look a city over and give
i the stamp of approval as conner"
BY buying tract, the city is always
battered. Omaha real estate men
were greatly pleased to get Omaha
into the very exclusive list of cities
already so favored.
Ten Lots Sold.
Ten OF the lots have already been
sold to persons who expect TO build
According to E. K. Benson, four
houses are to be built, beginning this
week, In this addition. "A
The real estate men who have
agreed to sell these lots within short
time are: Williams, Hastings & Hey
den, Harrison & Morton, Martin,
Kennedy, Tebbins. Bedford, Wallace,
Campbell, Beavers, Payne & Slater,
Benson. Christie, Creigh, Wyman,
Gilmore & Kuhns, Sholes, Glover &
Spain, Turkey, Lyons, Thomas, Rasp,
O'keefe, George < Co., Somberg,
Burkett, O'Neil Myers, Gates, Gar
win, Dumont, Shuler & Cary, Patter-
son. Wead, Graham, Robbins, Free
man, Matson, Brandt.