New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 11 years ago,
New Member from Los Angeles, California
Hi All, I hope I am posting in the right section. I am new to the site. After about 4 years of placing offers on good deals relentlessly from 2008 in the LA city area, I finally had a break and purchased my 2500sf commercial real estate in 2012.
I really wasnt going to wait for a similar amount of period to pass for my next purchase so I went out to my first tax deed auction in October of last year and purchased 10 heavily discounted lots. I have to wait a year before I can start the buildings and I already have had one rescinded.
But as the auction is only once a year, I aim to purchase about 10 to 15 lots each year while building at least 5 to 10 homes each year some of which I will hold others I will sell. Biggest interest is sustainable homes and energy saving so Im hoping to get into building some homes from recycled containers and also investigating subterranean homes as this will deal with my hillside lots.
Hope to hear from people with similar interests.