Carl Ross owns real estate empire in Victor Valley
MITCH DEACON, Staff Writer
August 27, 2007 – 9:04AM
VICTORVILLE — A legend in the golf club manufacturing industry, Carl Ross today owns a
commercial real estate empire in the Victor Valley.
His recent acquisitions include more than 1,000 acres of industrial land in north Apple Valley, as
well as 250 acres of prime retail property in Hesperia.
“Other people think I am completely nuts,” Ross said. “I’m sure they laughed at me when I started
buying land in the Victor Valley three years ago. They are not laughing now.”
New wave of retirees eyeing Coachella Valley
New wave of retirees eyeing Coachella Valley Think the desert is a prime retirement area now? Just wait, a bold burst of baby boomers is on the way.
08:21 PM PDT on Wednesday, October 17, 2007 By KIMBERLY PIERCEALLThe Press-Enterprise
The Coachella Valley’s capacity for retirees has hardly been tested.
The baby boomers are coming.
“Already, numerous members of this generation are beginning to eye the valley as their full-time retirement home,” wrote Inland economist John Husing in his annual economic report commissioned by the Coachella Valley Economic Partnership and released Wednesday.
Happy Investors
The overall vibe on our deal is strong to say the least. I actually did not think that there would be too much going on for a year or two….at the least. Having said that , I jumped on this because the timing was exceptional. You know the deal……..usually you do the due diligence, go in, and then watch it go down for a while and then finally it starts moving up after forever……………well, I think this situation seems to of had momentum from the start. Things are just happening in this area….Timing. - investor #1
Wow Kelly, this is fantastic news!!!! I think may go quit my job now! Lol…The other opportunity sounds interesting. How can i/we learn more? - investor #2
These comments are from investors of mine who partnered on a parcel in April 2007 at $1.29 per square foot. I attended an update seminar on this area in September 2007. About a mile away from this parcel is listing by CB Richard Ellis for $4 per square foot. The zoning is the exact same. So if this were a 1 to 1 comparison, the return would already be 210% in 5 months! This wasn’t all of this parcel’s update; but of course investors like numbers. So this was the portion of the update they were most excited about.
Now…would you try to sell it at this point? NO, YOU BIG CHEAP DATE!! You hold out until you are the last one standing – until the developers cannot move forward on their project without your land. How cool it is that?!
Urban Land Institute says that if you are within a 3 mile ring of developments, your investment automatically appreciates by 10%. 2 mile ring is 20%, and 3 mile is 30% of unearned increment. Unearned increment is an increase in the value of land or any property without expenditure of any kind on the part of the proprietor, according to Wikipedia.
If this doesn’t excite you, I don’t know what will! I have a few parcels in choice positions available this weekend until 9 am Monday morning only. Please call me at 310.619.4826 or email me at tkcabrajano@sbcglobal.net if you would like to learn about these parcels.
Real Estate IRA
Many of you wonder how you can fund such an investment as land. What I did is use my 401K money. I rolled it into a self-directed IRA or Real Estate IRA at Equity Trust Company (ETC). A self-directed IRA allows one to invest in non-traditional investments such as land without tax penalty. I have used ETC for 2 of my land investments. They have excellent customer service and are very seasoned in this type of investment.
My 401K wasn’t doing any good where it was anyway. In fact I almost lost all of it at one point. Luckily, slowly, I made it almost all back so that I can use it toward a safer and more solid and tangible investment. I don’t ever see myself being able to retire with my money in a traditional 401K, especially with the prediction of the stock market crash to come when the baby boomers start cashing out on their retirement funds. (Prediction by Robert Kiyosaki in Prophecy) I once heard at a land banking seminar that it takes 1-2 parcels of land to retire and 3-5 to retire wealthy. I think this statement is from Urban Land Institute.
There is NO headache in land, and it works for you 24-7. At the end of the day, when the bell rings in the stock market, $10 is $10. 100 shares of IBM are all alike. However, not one parcel of land is alike; and you have the beautiful potential for arbitrage.
AV Water Plan
People who are savvy about the high desert region in Northern LA county have asked me about the water supply issues and needs of the region. There is an 819 page public review draft report as of July 2007 to address these issues.
The Antelope Valley Integrated Regional Water Management Plan (IRWMP), A.K.A. The AV Water Plan, is a multi-county collaboration effort developed to address regional concerns about water supply reliability, water quality, flood protection, environmental resources and land use management in the Antelope Valley. AV Water Plan.org
The plan includes water management strategies such as:
- Water supply reliability
- Groundwater management
- Water quality protection and improvement
- Water recycling
- Water conservation
- Stormwater capture and management
- Flood management
- Recreation and public access
- Ecosystem restoration
- Wetlands enhancement and creation
- Environmental and habitat protection and improvement
It is an understatement, especially in Southern California, to say that water is one of the most important issues facing community builders today. In fact, water is vital to every step of the development process, from land acquisition and initial planning, through environmental reviews and irrigation decisions.
‘Learning how to cope with dry years and store the water from plentiful rainfall years is the key to a stable Southern California economy.’
- Russell Fuller, general manager of the
Antelope Valley East Kern Water
Funny, but oh so true!
Anyone who thinks they are too small to make a difference has never been in bed with a mosquito.
Dalai Lama
I cracked up when I read this today! I was in bed with a mosquito when I was on holiday in Greece in the summer of 1996. I was miserable, and I didn’t sleep the whole night. For days, I was endlessly scratching! Now, whenever I hear a mosquito around at night, I don’t sleep until that sucker is dead!
So to bring it home, nothing or no one is too small to make a difference – including your thoughts and feelings!
Lancaster OKs funds to boost city project
BY KAREN MAESHIRO, Staff Writer
Article Last Updated: 09/27/2007 11:01:42 PM PDT
LANCASTER – The city will contribute more than $1.9 million toward a $6 million project to spark redevelopment of downtown Lancaster into a pedestrian-friendly area that’s been compared to Santa Monica’s Third Street Promenade or Old Town Pasadena.
Click LA Daily News to view the rest of this article. This is just a sign of what’s to come in the future for this area. To view more on the economy of this area of investment in Southern California, please visit avez.org.
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.
