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All Forum Posts by: Fred Sams

Fred Sams has started 15 posts and replied 202 times.

Post: BP newbie from Jacksonville, FL

Fred SamsPosted
  • Professional
  • San Diego, CA
  • Posts 232
  • Votes 20

@jason carter Welcome aboard... There's a lot to be excited about to learn and hangout.

Post: Undecided Exit Strategy from a REO property

Fred SamsPosted
  • Professional
  • San Diego, CA
  • Posts 232
  • Votes 20

Hmm yes Puerto Rico, I like the food, music, and people. Nice find and Good Luck. 

Post: Foreclosure Listing

Fred SamsPosted
  • Professional
  • San Diego, CA
  • Posts 232
  • Votes 20

I use Property Radar everyday, very useful, saves time.., staff is very helpful. there a free trial I give it  thumbs up! 

Post: Buying and selling raw land

Fred SamsPosted
  • Professional
  • San Diego, CA
  • Posts 232
  • Votes 20

@Morry Eghbal @Jeremy Tillotson @William Byers @John Becker 

I’m a California real estate broker, this thread resonates, I do value your time.

Land infill and development primarily re-use (commercial – residential)projects is the niche of interest.

The current project I am exploring is a 5 acre raw hillside view lot, the lot is in a built out established bread and butter neighborhood. My interest is to entitle and create tentative parcel map.

Selling off the lot(s) to developer(s). As you all well know this is not for the faint at heart, and so for success, At this point I am in the process of tying up the property with an option (tie don’t buy). Not knowing how many lots can be put on this property makes offering a purchase price difficult.

How do you get a guest estimation for an initial lot count, do you figure it of a 10% 15% or 20% land loss to environmental, road ingress/egress, then divide that by the base zone (the per lot minimum) / total available land ?

Post: Infill Development / Raw Land Development

Fred SamsPosted
  • Professional
  • San Diego, CA
  • Posts 232
  • Votes 20

Hello BP Nation

I’m a California real estate broker, Im not sure how to make a long story short I’ll really try because I do value your time.

Land infill and development primarily re-use (commercial – residential)projects is the niche of interest.

The current project I am exploring is a 5 acre raw hillside view lot, the lot is in a built out established bread and butter neighborhood. My interest is to entitle and create tentative parcel map. 

Selling off the lot(s) to developer(s). As you all well know this is not for the faint at heart, and so for success, At this point I am in the process of tying up the property with an option (tie don’t buy). Not knowing how many lots can be put on this property makes offering a purchase price difficult. 

How do you get a guest estimation for an initial lot count, do you figure it of a 10% 15% or 20% land loss to environmental, road ingress/egress, then divide that by the base zone (the per lot minimum) / total available land ?

I’m thinking I must tackle this in small chunks(like eating a elephant). That is I am developing a Strategic Plan, but currently at The entitlement, CEQA point.

Hopefully I can get this through the entitlement process and avoid as many hair balls as possible.

Simultaneously building a brain trust consisting of civil Engineer / architect / initial sweet equity partners/ ? /?

The City Planner who initially met with me, has been very friendly and said feel free to reach out via email. After reviewing the Parcel Information on form DS-302. He directed me to City Planning and land development web site and several links to drill down.

Land Development Code User Guide,

Guide to the Base Zones of the Draft Official Zoning Map

Community Panning Land Use.

Pre-Application Review

Can you recommend any initial questions I can pose to the City planner?

The logical order of necessary next steps are probably my biggest hurdle and or feedback request. Or whatever you can read between the lines and offer. I am all over the map I know but this is exciting stuff. I appreciate any and all feedback.

Post: So many Podcast so little time...

Fred SamsPosted
  • Professional
  • San Diego, CA
  • Posts 232
  • Votes 20

@Trevor Ewen

thanks for the feed back.

Post: So many Podcast so little time...

Fred SamsPosted
  • Professional
  • San Diego, CA
  • Posts 232
  • Votes 20

Is any one aware of... or does such a thing exist..

A editor that can search for a word or phrase in a voice file ?

Example:  Podcast #39 How to buy Raw Land...  

I'm only interested in any of the discussion which may have centered around say "backend premium" 

An editor which could have parsed out the occurrence(s) or lack there off would save alot of time.   just thought I would put it out to the universe 

Post: Need Clarification on Apartment pro forma

Fred SamsPosted
  • Professional
  • San Diego, CA
  • Posts 232
  • Votes 20

@Jeff Greenberg

 @Frank Gallinelli

 Thanks for the input guys

Post: List / Index of Topics

Fred SamsPosted
  • Professional
  • San Diego, CA
  • Posts 232
  • Votes 20

@Dawn Anastasi

 thanks for responding the topics I listed are intuitive like you say pull down the blue bar.. 

on several podcast etc I have heard Brandon refer to a snippet of information and the topic was not on the blue bar above.  www.biggerpockets.com/ ?