Interview: Jack Sramek – Land Banker

Jack Sramek is a graduate of the United States Naval Academy and a former Marine Corps Fighter Pilot. He flew 125 combat missions in Vietnam as a member of the famous "Blacksheep Squadron" and served as the personal aide to Lt. General Lewis W. Walt, commander of all Marines in Vietnam. Upon leaving the Marine Corps, he continued flying as a pilot with Trans World Airlines, completing a 30 year career. In parallel with his position at TWA, he obtained a California Real Estate Broker’s license in 1974. Remembering his parents’ experience as owners of a 50 acre farm near Pittsburgh, Pennsylvania, which they sold at retirement for 100 times more than they had initially paid for it, he began a career in Land Banking. He watched Orange County and the San Jose area go from agricultural land to what they are today, as urban growth multiplied land values. Bob Hope, Gene Autrey, Roy Rogers and others built huge fortunes by buying and holding land in the path of growth. Strategic land banking has been the best kept secret in the investment community. Few people are aware of how, why and where to take advantage of this simple supply and demand option or the fact that they can use their IRA, 401(k) or other investment funds to acquire pre-development land. With one out of every eight people in the United States living in California, Jack is on a mission to teach people how to use this vehicle for diversification, college educations, retirement or general wealth accumulation. He frequently speaks professionally on the subject, is honing his skills at Pro-Track and is presently completing a book on how to use land banking to "hatch a million dollar nest egg." Jack can be reached at [email protected] His website is www.StrategicLandBanking.com. To hear what he told me about his background and his reasons for enrolling in Pro-Track, click on the podcast icon below.