Inspired
One of my favorite moms in the world, Nora, found this quote:
Laugh when you can; apologize when you should; and let go of what you can’t change. Kiss slowly, play hard, forgive quickly, take chances. Give everything, and have no regrets. Life is too short to be anything but happy. -unknown
I LOVE IT!! Since I’m a dancer, I would add dance like no one’s watching.
Thanks, Nora!
What is Arbitrage?
What is “arbitrage?” It is a very willing buyer and a very unwilling seller. Let me give you an example. In 1987, an investor bought 1.25 acres of land for $25,000 in Lancaster, CA at Lancaster Blvd. and 27th Street West. In 1996, McDonald’s/Chevron needed the land so badly, that they paid the owner $1.2 Million!
In real estate transactions, there is no central auction market that dictates and controls prices. Also, there are no two real estate parcels alike. These “market imperfections” allow for arbitrage, placing control over sales price and return on either side.
College Tuition – yikes!!
I don’t think I’m alone when it comes to thinking about how much college tuition will cost in the year 2020. Not a fun thought. Young adults who get out of college now spend years trying to pay back loans! Many parents, including us, have invested in Education IRA’s and 529 plans. But after my 401K tanked, I’m not too confident in these investments either.
In land banking, you want to think about investing for a term of 10 years or more. It’s patient money. So right now would be a great time to buy my kids this TANGIBLE investment. I’m going to roll their money into a “self-directed IRA” – an IRA that allows you to invest in non-traditional investments, such as land. I’ll let you know how it goes.
Why California?
If California were a country, its economy is deemed 6th. If you put a dot on the center of downtown Los Angeles and draw a circle with a 60 mile radius, this is called the undisputed economic capital of the state of California. In this circle, a third of it is water! The rest of it holds 46% of California’s population, 45.5% of total bank deposits, 55.8% of the largest companies, 67% of California’s international trade and 3rd per capita Gross National Product compared with leading nations. The ports of Long Beach and Los Angeles are the 3rd busiest container ports in the world. You can find this info on laedc.org and Wikipedia.
Here’s the gold. Southern California is projected to absorb a population that of 2 Chicagos by 2020. There are 100 million acres in California, and only 2 million are left to develop – 2%! Based on the population explosion and the scarcity of land, I want to own as much of this land as possible in order to receive the gold in the future. My land will be in high demand by developers and consolidators. But this is not just any land. This is land with extremely well-planned research. You must be very careful. Please refer to my post Buyer Beware!
About
I’m so grateful you are visiting my blog. I think you’ll find it intriguing and that it will be valuable to your financial future.
I grew up just outside of Dallas, Texas in a city called Arlington. My parents, Chris and Debbie Burch, as well as my sister, Shannon Cox, have always inspired me to be a positive light to those around me. I grew up as a dancer and enjoying school with particular interest in biology and mathematics. After going to undergraduate school at Southwest Texas State University, I was accepted into a Physical Therapy program in the Netherlands at Fontys Hogeschool Eindhoven where I met my husband, Anthony Abrajano. We married in 1999.
While working as a Pediatric Physical Therapist, I had two children, Cate and Charley. After 10 years in the field of PT while raising my small children and moving to California, I had a paradigm shift. While PT is rewarding and I adore children, I wanted to find a way to invest in my family’s future and feel secure about it. Everyone told me to invest the max in my 401K, and I did. Boy, was that the wrong choice! I lost so much money in my 401K in 2002 by listening to this mainstream advice. Fortunately, I made almost all of it back very slowly over the next couple of years.
Then preparation met opportunity. My friend, Yuko Rodriguez, told me about Southern California Land Banking. Land banking is investing in pre-developed land in the path of growth based on growth factors such as population growth, affordable housing and large diversified job base.
“All a man has to do to get rich in America is find out where people are going, get there first and buy land.” General Douglas McArthur
OK, well obviously that was long ago; and women can also tap into this form of investment. So I became a land banker. I have invested in three parcels of land at this point and plan on becoming an all American Land Baroness!
Surely, you have many questions which I plan to cover in my blog site. Please feel free to contact me at my personal e-mail address if you’re ready to invest or just would like to further explore land banking: tkcabrajano@sbcglobal.net
My Favorite Charities
I worked at Texas Scottish Rite as a pediatric Physical Therapist for 2 1/2 years, mainly on babies with foot demormities. This hospital provides whatever medical care necessary 100% free of charge to children with orthopedic and neurologically related deformities regardless of ability to pay. I would still be working there if I lived in Texas. If you are looking for a fabulous organization to donate to, please click on the crayon.
The Vick House Project is an opportunity to make a good ending to a sad story. For much of this past year, Americans have heard about the tragic tales of mistreatment and abuse to dogs for the purpose of dog fighting. Please click on "Tank" above to visit the Vick house Project.
