Hi GuysI am in the process of developing some land just outside of Palm Springs.

I was also involved in the development of a small (20K SF) self storage facility where I own a minority stake.

We also have newbies and very seasoned investors and loan officers. 

For example, the asset may not be in a position for permanent financing due to low occupancy, lack of seasoned rents, or perhaps the renovation and lease-up have not been completed. 

I am new to BiggerPockets and to real estate investing, but topics like these are not only interesting but very helpful in developing a good understanding of rental property management, and investing.

No matter how much appreciation you see you're limited to purchase price for 6-12mo (12 more common) know as seasoning.

But, it's a tough market, and CA is getting harder to develop in, especially in the coastal areas. 

I am looking to start investing in real estate to supplement my income, pay off my student loans, and eventually develop a substantial "passive" income stream.

Hello All,Has anyone done business with the Ocean City Development company out of Massachusetts?

I personally know many examples of people losing thousands and in one case over a million on a property that the "developer" or seller sold them of which they did not get clear title.