Looking to buy land on the west coast

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Wale LawalBusiness Member
Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
4y

@Lorenzo Viguie-Ramos Welcome to BiggerPockets you are definitely in the right place. I am not in the San Francisco area, but I would still like to share my knowledge. 

I would advise you to interview investor agents and find one that best meets your criteria. Investor- Agents have a better understanding of profitable locations and help you understand numbers. They also have connections to contractors, lenders, and many other people that can help reach your goals.

If you're looking for an investor agent I would recommend using the "Find an Agent" tool at the top of BP. It will allow you to select an area that you are interested in and will show you different agents in that area along with their BP account.

Reach out to the best fit for you and they should be able to help you out further.

Best of Luck!

[email protected]832-776-9582Podcast Guest on Show #469
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  • Wale LawalBusiness Member
    Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
    4y

    @Lorenzo Viguie-Ramos Welcome to BiggerPockets you are definitely in the right place. I am not in the San Francisco area, but I would still like to share my knowledge. 

    I would advise you to interview investor agents and find one that best meets your criteria. Investor- Agents have a better understanding of profitable locations and help you understand numbers. They also have connections to contractors, lenders, and many other people that can help reach your goals.

    If you're looking for an investor agent I would recommend using the "Find an Agent" tool at the top of BP. It will allow you to select an area that you are interested in and will show you different agents in that area along with their BP account.

    Reach out to the best fit for you and they should be able to help you out further.

    Best of Luck!

    [email protected]832-776-9582Podcast Guest on Show #469
    NETWORTH BUILDERS5236 Reviews
    WebsiteView Page
    1Reply
  • Brian Garlington
    Realtor · Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility · Member since 2016 · 2k+ posts · 2k+ votes
    4y
    Quote from @Lorenzo Viguie-Ramos:

    Interested in investing in a piece of land vs a home. Anyone willing to point me in the right direction in where to potentially start? Thanks! I'd be willing to hop on a zoom if that may be easier.


     You'll need to be more specific then that..............what kind of land? Lots of differences throughout Washington, Oregon and California

    0Reply
  • Rick Albert
    Real Estate Agent · Los Angeles, CA · Member since 2018 · 2k+ posts · 1k+ votes
    4y

    I agree with Brian, this is a very open ended question. Building is not for the faint of heart. Assuming you mean San Francisco, I'm not even sure where there is land to build.

    You need to establish budget and what your goal is. Sometimes it is easier to buy a tear down because the utilities are already there. There are so many variables. 

    0Reply
  • Kelly Asmus
    Real Estate Broker · Portland, OR · Member since 2018 · 123 posts · 71 votes
    4y

    Agree with Rick Albert, buying and developing land is not for the faint of heart. I help builders acquire vacant land in Portland, OR and Vancouver, WA. It's a long timeline until payback, so getting your numbers right and ensuring the project pencils is key. Happy to chat with you if you're interested in my neck of the woods. I have 2 vacant land projects coming up shortly. One is a 14 lot development and another is a 6 lot development in NW Portland. 

    0Reply
  • Julie Nealey
    Member since 2022 · 94 posts · 22 votes
    4y

    What area are you looking to invest? At what stage are you looking to invest in the development, ie raw land vs pre-app approved, partially built? What is you target price point and are you looking more into commercial, mixed use, multi family?

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