If you had $15,000, where would you invest it, General Motors or Bel Air Land?

By
Real Estate Agent with Berkshire Hathaway HomeServices 01238708

As we all know there is limited amount of Vacant Land left. Particularly in the Greater Los Angeles area there is less and less of it available. I have been selling these investment lots for over 13+ years it takes a long time to sell, it is not as liquid as Stock, nevertheless I never had anyone loose money on it. Every one has increased their net worth over the years. Including in today's economic times, I found it to be a solid investment.

 The value has been solid and not volatile.  Can you build a home on it? It does not pencil out yet, since you have to build a road to the land. If you accumulate enough parcels, where you can build 3-4 homes then you can divide the cost of the road amongst the homes and then it will pencil out.

 If you like to buy for long term investments, this is the safest way to go. This is better then Gold, Silver or Stocks, since there is no volatility. If you are interested get in touch with me.

 

 vacant land

 

 

 If you are a consumer  who is considering buying  or selling  a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 (USA) or email me at EndreBarath@TheMLS.Com  or visit one of my websites at http://www.endrebarath.com  A pet friendly Realtor who contributes from  every one of his commissions to Local Animal Rescue Organizations!

 

 

 

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Rainmaker
1,560,731
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Hey Endre -- nice to see you again!  It's been awhile . . . and I've been blogging my butt off all summer.  And if I had $15,000 . . . BEL AIR buddy!!

Sep 26, 2009 09:44 AM #1
Rainmaker
545,096
Toula Rosebrock
Diane Turton, Realtors, Forked River, NJ - Lacey Township, NJ
Broker/Sales Associate, Realtor, Lacey Township,

ToulaRosebrock,com

Hi Endre:

Land is definitely the way to go!

Sep 26, 2009 10:21 AM #2
Rainmaker
3,218,557
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Carla, I have bee so busy, every Listing takes seems like two escrows before they close....plus I have tons of land listings that keep me hopping, glad that you have been blogging, hope the returns are there for you

Sep 26, 2009 06:11 PM #3
Rainmaker
3,218,557
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Toula, I guess I am preaching to the choir:))

Sep 26, 2009 06:12 PM #4
Rainer
37,668
Cheryl Frei - RealtorĀ® & e-Pro Certified RealtorĀ®
Elite Realty - Absarokee, Montana and Billings, Montana - Absarokee, MT

Hi Endre- If I have $15,000! I would put it in our saving and let it sit there! We are into saving our money! We would like to be ready for whatever happen!

Sep 30, 2009 11:40 PM #5
Rainmaker
3,218,557
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Cheryl very funny, with that I might suggest under the pillow since even banks are not always a safe place:)))LOL. Thank you for your comment

Oct 01, 2009 05:51 AM #6
Rainer
194,036
Arthur Buhrer MLO 114080
Arthur Buhrer, Olympic Mortgage Services CL 1456034 - Sequim, WA
Owner Broker/ Washington State

If I were to recive 15k for purchasing a home back on my taxes that would motivate me to upgrade and turn my current home into a rental.

 

Even if I didn't get the tax credit I would still put it in Real Estate rather than stocks. I don't know enough about stocks to venture in those murky waters.

Oct 02, 2009 05:32 PM #7
Rainmaker
3,218,557
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Arthur, I totally agree with you Real Estate is a long term safe bet. I have clients who retired at age 50 by having enough rental property to generate more income then if they worked.

Oct 06, 2009 05:38 PM #8
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Rainmaker
3,218,557

Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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