All Forum Posts by: Annunciata R.

Thank you @Brandon I am learning slowly how BP works, I didnt have Inglewood as a key word as it is a very small city and my investment there was more the proximity to LAX. Most of the land I purchased was in Hollywood Hills, I have decided not to go down the container route here as I really want to add significant value on that particular 1 acre lot.

Thank you Rick, commercial real estate and land is the way to go for anyone managing their own personal pension as residential is not allowed. Aside from my initial purchase in Inglewood one of the lots I purchased was just 30ft wide and 25ft deep in the city of compton. I designed something using Recycled shipping containers that will also allow the relevant parking criteria for most offices. I now have to see how I can pull permits and see this vision to a reality.

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 I have to wait a year before I can start the buildings and I already have had one rescinded.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.

I manage all my rentals and had the same problem. My most current strategy is using a middle man like my dad who is 75. Also I find that having an assistant also helps. My first assistant was part time but she found a full time job so Im looking for another one.