All Forum Posts by: Jason Arnold

Hello, Can anyone recommend a book/podcast/person that I can gain information from on how to invest in raw land? I bought a beautiful property but haven't been able to build on it yet. Looking for other options Thanks! Jason

Hello, Can anyone recommend a book/podcast/person that I can gain information from on how to invest in raw land? I bought a beautiful property but haven't been able to build on it yet. Looking for other options Thanks! Jason

Aloha Everyone, I am a novice Real Estate Investor.  Im here to learn!

Hi Adam, I havent been able to obtain financing on raw land at this point either.  Best of luck,  Let me know what you find out.  Thans

Hey RE Family,

I have some vacant lots in Lake Elsinore CA that I want to eventually sell and develop. My approach is to stair step my way to development and selling.

Should I have a House Rendering created for the vacant lots I intend to sell?

Thanks

Thanks Paul. Currently I am getting locking up financing. Could you give me the size of the houses you built and a rough estimate of the costs?

Thanks

J

Riverside County California

Mentors Input Wanted!

My Goal:

Generate income from as many properties as possible and retain ownership.

What I own:

2 contiguous raw land residential lots in a subdivision north of Palm Springs, California along Hwy 111. Market Value $45k total

3 lots in Lake Elsinore, CA. Two contiguous along Hwy 74 and one lot on the northeastern section of the lake with a lake view. Market Value $60k total

My Plan:

Sell the contiguous lots in Palm Springs. Use profits as seed capital to construct foundation (water, sewer, electric, etc.) for some type of commercial operation on contiguous lots along hwy 74 in Lake Elsinore. = retained ownership commercial lease income.

Finally, obtain construction loan collateralize by leased commercial lots and lake view lot to build a vacation rental on parcel with a lake view= rental income, retained ownership

Mentors let me know what your thinking!!!

Thank you

@Karen Margrave, Thanks for the info Karen. I am still building my real estate acumen. I am writing a post tonight that will explain my market, properties, goals, and plan. Stay tuned. and thank you again

Jason

@Karen Margrave, Thanks for the info Karen. I am still building my real estate acumen. I am writing a post tonight that will explain my market, properties, goals, and plan. Stay tuned. and thank you again

Jason

The BiggerPockets community is AWESOME! Thank you all for your input. Its really motivating to hear all of your experiences. Thank you Thank you