All Forum Posts by: Bryant Brislin

If you have done that many deals I'm surprised you want the headache of investors, and don't have the capital to do it yourself.  But with that said, I think I'd rather use business credit cards rather than deal with investors (even the nice ones can be high maintenance).  And hopefully within a short amount of time you are doing enough deals to pay for the marketing overhead yourself. 

There is an FB group called High Value Land Group.  Start there.

@Kreg Thornley please know the following, as I've seen this happen a lot in Southern California where I'm based.  A lot of opportunistic investors who don't know how to really analyze land naively assume that every tax delinquent parcel has a situation where the land owner just didn't have enough money to pay the taxes and thus lost the parcel.  But in many cases, at least here in SoCal, it's many times a situation where the land owner essentially abandoned the parcel for reasons like bad zoning, little-to-no access, irregular shape (i.e. triangular) that makes it less efficient, environmental challenges, topography, etc.  Why would a land owner abandon a parcel to the tax collector? Because if not much can be done with it due to the reasons stated above, they don't want to keep paying property taxes, weed abatement/landscaping, have liability/insurance issues, etc et etc.

@Geoff Regan I don't want to post publicly, so feel free to reach out direct.

As a random FYI, something I've encountered in Southern California: a lot of investors buy delinquent tax/defaulted properties without doing much research and they realize down the line that the property owner didn't necessarily not have the money to pay the taxes, they just essentially abandoned the property due to various things that push down the value, i.e. irregular shape, bad zoning, little or no access, challenging topography, etc.  

I can send you the contact info of a guy who could let you know. 

I sell land to homebuilders and commercial developers in southern California.  Happy to talk.

These scenarios often can be a real nightmare. Even if the owner seems like a really nice person, they will micromanage the builder and not like the specs of the house the builder needs to do, and/or the timing in which the builder gets it done, etc.  Just from my experience.

I've sold land in Bakersfield in 2023 and 2024.  I've been a land broker in Southern California for sixteen years.  For a smaller piece like that, not sure how creative you can get, but it all depends on what it's zoning is, access, proximity to other things, etc.  

I've never heard of anything like that. Cities sometimes have affordable housing funds, but they usually deploy those on larger projects where there will be a covenant recorded to require certain parameters.  Best of luck though, you'll learn a lot doing this project!