Realtors: Your clients earn income off the sale of their property three ways

Where is the Land? (Our offer to Existing Homeowners)        

• The land is inside and outside the city limits in different areas of the county controlled areas up against the city of Santa Barbara, Ventura, Los Angeles, and other communities. 

• Much of it in the city areas exists in small spaces, just enough for a few homes. Other than the obvious purchasing of lands that can be torn down and rebuilt ...

  • Some of the others are lots that are too small to be profitable for most builders, but depending upon how many square feet a new home might be, it is possible to use. (Instead of building outward, one can build upward!)

  • At the same time, one of our plans allows for that by a design we have for building at the last 20' x 15' of the driveways of existing properties! (Depending upon Setback required)

• Considering that every lot in the State of California is zone for two homes, there is plenty of land - if a contractor "lifts up" existing homes, there is exactly the same amount of space for additional square footage under the existing home! (See our other points how both the existing home and the new building can be incorporated into the cooperative and the land, which couldn't otherwise be subdivided because of its small size may be inhabited by two families like a condo or townhouse).

• In some communities, the cities require a minimum of 6,000 square feet of property and the units must be attached by a "walkway". (City of Duarte Planning Department, for example).

• Other places can be redeveloped from what they are now. For example, if one lot contains an older warehouse, or very old home and it can be moved to a different part of the lot, or homes and buildings can be moved off a series of lots to rebuild higher density homes. Residential can be built on inside or top of commercial (including strip centers, older manufacturing, transportation and warehouses). Existing homes can be uplifted for additional floors, which can be built below, and granny flats can be included in existing neighborhoods (these are just some of our ideas).

• In the countryside of the county, it is a mix of scrub brush, agricultural, small farmland and other land that is currently zoned mostly for one home per 40 acres. Some of this the county will be willing to rezone for higher density, to build a community of affordable/attainable housing. 

• Other parcels will be developed for the purpose of farming on a co-operative basis and homes created for housing farm workers. (This will be done for the benefit of the clients of Homes for the Rest of Us).

• At the same time, not only are we going to be developing properties that will be deemed "affordable" for middle to lower income working and retiring persons, but we will be re-developing properties for upper income persons, which we will sell after improving or incorporate into our market equity co-op, for the purpose of either building the asset base of the co-op, or to create profit to re-invest as private equity in more affordable properties. 

• We can also trade non-contiguous properties for others that are next to one another, so we can have a continuous piece of land, for building larger projects. On the other hand, we do not need contiguous properties, as our goal with the development of both Limited and Market Equity Housing Cooperatives is to maintain properties for shareholders, which are of greater current or potential future values more than we paid for, after re-developing the property.

• Another idea for improving property, that will provide more square footage for living space.

Here's a description of the kind of land we're looking for:

Reward to Landowners   Working with Your Land    Our Plans for Projects