Land investment

[Hobie]

Have you driven through the area? Learning who lives there will be a large factor in your thoughts moving forward.

The 14 Fwy is the main artery and gets congested. This is a hindrance to the growth you need in the area.

Temec took off in part due to its relatively close location to Orange, Riv, SD. All with good Fwy access.

Lancaster/Palm is just too far removed from LA. So you have to look at what industries are locating there and will support the growth.

City of Adalanto had similar pitches a years ago so check out its history.

Good Luck.

more perspective
http://sdcia.websitetoolbox.com/post?id=2338806

[NicMM]

Hobie,

What happened in Adalanto?

Regarding Antelope valley, I haven’t visited and don’t plan to until I have acquired enough knowledge and things lead me towards investing there.

But just to show some pitching points from the seminar:
1. Population growth: fastest in US. From around 150k grew to 300k.
2. Industries: Defense (Northrop Grumman Corporation), Store chain & warehousing (4 walmart supercenters, etc), green energy (eSolar, BYD), inland port (store containers from Long Beach &LA ports)
3. One college
4. transportation: several railways under construction through it. One airport, not used commercially but the city plans to take it over and use it commercially.

Those are most I can remember.

NicMM

[quote=Hobie]Have you driven through the area? Learning who lives there will be a large factor in your thoughts moving forward.

The 14 Fwy is the main artery and gets congested. This is a hindrance to the growth you need in the area.

Temec took off in part due to its relatively close location to Orange, Riv, SD. All with good Fwy access.

Lancaster/Palm is just too far removed from LA. So you have to look at what industries are locating there and will support the growth.

City of Adalanto had similar pitches a years ago so check out its history.

Good Luck.

more perspective
http://sdcia.websitetoolbox.com/post?id=2338806%5B/quote%5D

[NicMM]

Hobie,

What happened in Adalanto?

Regarding Antelope valley, I haven’t visited and don’t plan to until I have acquired enough knowledge and things lead me towards investing there.

But just to show some pitching points from the seminar:
1. Population growth: fastest in US. From around 150k grew to 300k.
2. Industries: Defense (Northrop Grumman Corporation), Store chain & warehousing (4 walmart supercenters, etc), green energy (eSolar, BYD), inland port (store containers from Long Beach &LA ports)
3. One college
4. transportation: several railways under construction through it. One airport, not used commercially but the city plans to take it over and use it commercially.

Those are most I can remember.

NicMM

[quote=Hobie]Have you driven through the area? Learning who lives there will be a large factor in your thoughts moving forward.

The 14 Fwy is the main artery and gets congested. This is a hindrance to the growth you need in the area.

Temec took off in part due to its relatively close location to Orange, Riv, SD. All with good Fwy access.

Lancaster/Palm is just too far removed from LA. So you have to look at what industries are locating there and will support the growth.

City of Adalanto had similar pitches a years ago so check out its history.

Good Luck.

more perspective
http://sdcia.websitetoolbox.com/post?id=2338806%5B/quote%5D

[NicMM]

Hobie,

What happened in Adalanto?

Regarding Antelope valley, I haven’t visited and don’t plan to until I have acquired enough knowledge and things lead me towards investing there.

But just to show some pitching points from the seminar:
1. Population growth: fastest in US. From around 150k grew to 300k.
2. Industries: Defense (Northrop Grumman Corporation), Store chain & warehousing (4 walmart supercenters, etc), green energy (eSolar, BYD), inland port (store containers from Long Beach &LA ports)
3. One college
4. transportation: several railways under construction through it. One airport, not used commercially but the city plans to take it over and use it commercially.

Those are most I can remember.

NicMM

[quote=Hobie]Have you driven through the area? Learning who lives there will be a large factor in your thoughts moving forward.

The 14 Fwy is the main artery and gets congested. This is a hindrance to the growth you need in the area.

Temec took off in part due to its relatively close location to Orange, Riv, SD. All with good Fwy access.

Lancaster/Palm is just too far removed from LA. So you have to look at what industries are locating there and will support the growth.

City of Adalanto had similar pitches a years ago so check out its history.

Good Luck.

more perspective
http://sdcia.websitetoolbox.com/post?id=2338806%5B/quote%5D

[NicMM]

Hobie,

What happened in Adalanto?

Regarding Antelope valley, I haven’t visited and don’t plan to until I have acquired enough knowledge and things lead me towards investing there.

But just to show some pitching points from the seminar:
1. Population growth: fastest in US. From around 150k grew to 300k.
2. Industries: Defense (Northrop Grumman Corporation), Store chain & warehousing (4 walmart supercenters, etc), green energy (eSolar, BYD), inland port (store containers from Long Beach &LA ports)
3. One college
4. transportation: several railways under construction through it. One airport, not used commercially but the city plans to take it over and use it commercially.

Those are most I can remember.

NicMM

[quote=Hobie]Have you driven through the area? Learning who lives there will be a large factor in your thoughts moving forward.

The 14 Fwy is the main artery and gets congested. This is a hindrance to the growth you need in the area.

Temec took off in part due to its relatively close location to Orange, Riv, SD. All with good Fwy access.

Lancaster/Palm is just too far removed from LA. So you have to look at what industries are locating there and will support the growth.

City of Adalanto had similar pitches a years ago so check out its history.

Good Luck.

more perspective
http://sdcia.websitetoolbox.com/post?id=2338806%5B/quote%5D

[NicMM]

Hobie,

What happened in Adalanto?

Regarding Antelope valley, I haven’t visited and don’t plan to until I have acquired enough knowledge and things lead me towards investing there.

But just to show some pitching points from the seminar:
1. Population growth: fastest in US. From around 150k grew to 300k.
2. Industries: Defense (Northrop Grumman Corporation), Store chain & warehousing (4 walmart supercenters, etc), green energy (eSolar, BYD), inland port (store containers from Long Beach &LA ports)
3. One college
4. transportation: several railways under construction through it. One airport, not used commercially but the city plans to take it over and use it commercially.

Those are most I can remember.

NicMM

[quote=Hobie]Have you driven through the area? Learning who lives there will be a large factor in your thoughts moving forward.

The 14 Fwy is the main artery and gets congested. This is a hindrance to the growth you need in the area.

Temec took off in part due to its relatively close location to Orange, Riv, SD. All with good Fwy access.

Lancaster/Palm is just too far removed from LA. So you have to look at what industries are locating there and will support the growth.

City of Adalanto had similar pitches a years ago so check out its history.

Good Luck.

more perspective
http://sdcia.websitetoolbox.com/post?id=2338806%5B/quote%5D

[CA renter]

[quote=NicMM]Patb, these two pictures are accurate depiction.
Here is the challenge for you. If it’s you, what you would do with $50K?

-NicMM

[quote=patb]Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?[/quote][/quote]

NicMM,

If your heart is set on real estate, $50K would be better spent buying a rental in Escondido or Oceanside (that has positive cashflow from day one) than speculating in desert land. You’ll have to manage and maintain it yourself, but you might make money over time.

My family has a history with both land and rentals/housing investments, and I can say for a fact that existing housing is far, far more profitable than land, with only a very few exceptions.

[CA renter]

[quote=NicMM]Patb, these two pictures are accurate depiction.
Here is the challenge for you. If it’s you, what you would do with $50K?

-NicMM

[quote=patb]Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?[/quote][/quote]

NicMM,

If your heart is set on real estate, $50K would be better spent buying a rental in Escondido or Oceanside (that has positive cashflow from day one) than speculating in desert land. You’ll have to manage and maintain it yourself, but you might make money over time.

My family has a history with both land and rentals/housing investments, and I can say for a fact that existing housing is far, far more profitable than land, with only a very few exceptions.

[CA renter]

[quote=NicMM]Patb, these two pictures are accurate depiction.
Here is the challenge for you. If it’s you, what you would do with $50K?

-NicMM

[quote=patb]Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?[/quote][/quote]

NicMM,

If your heart is set on real estate, $50K would be better spent buying a rental in Escondido or Oceanside (that has positive cashflow from day one) than speculating in desert land. You’ll have to manage and maintain it yourself, but you might make money over time.

My family has a history with both land and rentals/housing investments, and I can say for a fact that existing housing is far, far more profitable than land, with only a very few exceptions.

[CA renter]

[quote=NicMM]Patb, these two pictures are accurate depiction.
Here is the challenge for you. If it’s you, what you would do with $50K?

-NicMM

[quote=patb]Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?[/quote][/quote]

NicMM,

If your heart is set on real estate, $50K would be better spent buying a rental in Escondido or Oceanside (that has positive cashflow from day one) than speculating in desert land. You’ll have to manage and maintain it yourself, but you might make money over time.

My family has a history with both land and rentals/housing investments, and I can say for a fact that existing housing is far, far more profitable than land, with only a very few exceptions.

[CA renter]

[quote=NicMM]Patb, these two pictures are accurate depiction.
Here is the challenge for you. If it’s you, what you would do with $50K?

-NicMM

[quote=patb]Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?[/quote][/quote]

NicMM,

If your heart is set on real estate, $50K would be better spent buying a rental in Escondido or Oceanside (that has positive cashflow from day one) than speculating in desert land. You’ll have to manage and maintain it yourself, but you might make money over time.

My family has a history with both land and rentals/housing investments, and I can say for a fact that existing housing is far, far more profitable than land, with only a very few exceptions.

[Hobie]

Re: Adalanto. Exactly what patb described. The large land owner made the money.

During the boom people jumped in to cheap new homes. Not many industries located there and today there is not many jobs.

The Lancaster pitch is no different, just older city with same issues.

[Hobie]

Re: Adalanto. Exactly what patb described. The large land owner made the money.

During the boom people jumped in to cheap new homes. Not many industries located there and today there is not many jobs.

The Lancaster pitch is no different, just older city with same issues.

[Hobie]

Re: Adalanto. Exactly what patb described. The large land owner made the money.

During the boom people jumped in to cheap new homes. Not many industries located there and today there is not many jobs.

The Lancaster pitch is no different, just older city with same issues.

[Hobie]

Re: Adalanto. Exactly what patb described. The large land owner made the money.

During the boom people jumped in to cheap new homes. Not many industries located there and today there is not many jobs.

The Lancaster pitch is no different, just older city with same issues.

[Author]

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