Buyer Beware!
How do you know who to buy land from? I’ve heard stories of landowners who are “landlocked” and cannot access their land. This is why you MUST have “easements.” Easements are the right to the use of another’s land for a special purpose according to Wikipedia. In order for a parcel of land to be of interest and have any worth to a developer or consolidator in the future it should have these things in a 3 mile radius:
- be flat and developable
- have abundant water supply
- be in proximity to large population
- have accessibility by freeway
- have existing master plan for streets and highways
- have adequate utilities
- have existing and planned industries
- have an educational system
- have commercial and residential development
- have pro-business city government
If you would like to find land with ALL of these key indicators of growth and development with easements, contact me at 310.619.4826 or tkcabrajano@sbcglobal.net. You must be careful because many land companies will try to sell you land that is landlocked without telling you.
2% Strategy
Southern California encompasses 100 million acres. Only 2 million acres are available for development – only 2%. The way Southern California is zoned currently, it can only accomodate 1 million people in the next 30 years. 18 million people are coming! Southern California Association of Governments Land must be rezoned to accomodate these people, so capitalize on this!
The New Land Grab
Private equity firms and hedge funds are snapping up cheap land in markets where real estate has gone from boom to bust. Fortune’s Katie Benner reports.
In California, Forestar Land Partners, a joint venture between real estate investment firm Starwood Capital and developer Foremost Communities, is emerging as a buyer to watch. Run by local building veteran Steve Cameron, Forestar was formed in June to buy $250 million worth of land in Southern California over the next several years…
Click CNN Money.com to view the rest of the article.
Your Inner World Creates Your Outer World
This is something I took from T. Harv Eker’s Secrets of the Millionaire Mind book. What a fantastic book and course! I went to the 3 day Millionaire Mind Intensive, or MMI, back in November. It changed my financial outlook forever and for the better. I took my husband to the Millionaire Mind Evening, or MME tonight. He really enjoyed it and looks forward to the full course.
“Thoughts lead to feelings lead to actions lead to results,” as Harv says. Thoughts and feelings are the inner world. The actions are the bridge to the outer world, or the results. So don’t just look at the fruits on your tree of life and say, “my fruit is sour” or “I don’t have enough fruit” and complain like a victim. What you focus on expands. Look at the roots that caused the fruits to grow as they have, and replant the tree of life as it should be.
If you strive to be comfortable, you’re going to be broke. If you strive to be rich, you’ll reap all the rewards AND be comfortable. Expand your comfort zone!
Palmdale Regional Airport (PMD)
On June 7th, 2007, my colleagues and I took the inaugural flight from Palmdale Regional Airport to San Francisco via United. It was so exciting to be a part of history and to be a symbol of what’s to come to the Palmdale/Lancaster area – especially because I personally have invested in this area.
Please take a look at this video about the airport and its importance to LA county.
United begins S.F. flights from Palmdale
Until now, to catch a flight at LAX, Ning Umandap left her Valencia home five hours before the scheduled departure. Today, she will drive half an hour to Palmdale Regional Airport, where she will travel on the first service offered from the facility in 16 months.
Umandap and 16 colleagues from Velur Enterprises, a Van Nuys real estate firm that does business in the Antelope Valley, will take United Airlines’ inaugural flight from Palmdale to San Francisco International Airport at 10:49 a.m. The carrier will offer two flights a day, seven days a week between the airports on 50-seat regional jets. Read more »
‘Recession-Proof Your Investment Strategy’
This is the title of an article in the news today that caught my eye by Ben Stein. Today, the Federal Reserve cut the prime interest rate by half of a point to provide relief for all the adjustable mortgage borrowers. Land has already been recession-proof for years because LAND DOES NOT DEPRECIATE – especially in California! Land does not wear out, become obsolete or get used up.
California High-Speed Rail
Best bet for fast, clean transport as state grows – San Francisco Urban Planning Research
L.A. County offers ‘inland port’ plan
A hub in the Antelope Valley that would use rail lines could relieve freeway congestion as the ports continue to handle more cargo.
The Soft Real Estate Market
So, for those of you who think I’m crazy for investing in land right now, I have an answer for you. Land banking isn’t residential real estate. The research done before you invest in land identifies areas with planned/proposed/existing industry, commercial developments and/or master planned communities in a 3 mile ring. It’s dirt. It’s flat and ugly, but commercial/industrial developers and consolidators will need it to assemble with adjoining parcels to build their projects later on. The key is to invest just on the edge of the developments, so the land is less expensive. Then, you’ll get a greater return on your investment! Make sense?
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.
