I recently attended Empower Network’s quarterly training event in Denver, Colorado.
This time my amazing husband, Don, came along.
When I started with Empower Network, (a whole 6 months ago ), Don was completely uninterested in the opportunity. Completely uninterested. No way. No how. Not gonna. Period. My stuff … my business.
I asked Don to come to Denver with me to meet up with some old friends and some new ones as well.
Hear about his epiphany here:
http://www.youtube.com/watch?v=el7w4_NOSSg
Somewhere in the middle of the first night the transformation happened and Don saw a bigger picture for us and with Empower and was “all in” …
This company has created a culture and products that can help any person that wants to learn how to be successful working online.
The simplicity of using video to do my blogging is upon me (Don) and I shot this while pondering the reasons or challenges that keep us in our circumstances … Click here to watch the video
We went to Denver for the Empower event and I was the “go along spouse” who really only wanted to visit with some old friends and hang out. About halfway through the Friday night session, I went from that to being a partner in business (again) with my wonderful wife, Karla. I realized that this was greater than I had ever imagined and expected and the two of us together was equal to about ten.
First of all, I have to state that I’m not a realtor. I’m not even a homeowner.
But, I’m looking to rent and then own a luxury home in Parc Andreas, Palm Springs
I’ve been looking, and have been speaking to realtors about various communities in Palm Springs, but I’m focusing now on Parc Andreas.
There’s one confusing aspect of Parc Andreas and that’s the Parc Andreas, Palm Springs Indian Land Lease issue. I’ll address that in a moment.
Parc Andreas, Palm Springs (Indian Land Lease)
Parc Andreas is a very cool neighborhood in the South Canyons area of Palm Springs. Here you will find more new desert masterpieces for families and snow-birds alike. Parc Andreas is a gated community with lots of interesting homes, beautiful landscaping and a great community feel.
In Parc Andreas, Palm Springs, the houses aren’t all cookie-cutter. You know what I mean! While many developments are nice and the developer goes to great lengths to disguise that all the houses are basically the same, they end up looking… well, basically the same!
Parc Andreas, Palm Springs Indian Land Lease
The following is an excerpt from Scott Lyle Realtor’s information on Parc Andreas, Palm
Springs Indian Land Lease (so I’m not responsible for any inaccuracies.)
Land is laid out by sections in a checkerboard fashion throughout Palm Springs and also parts of Cathedral City and Rancho Mirage. Approximately every other section of this checkerboard is owned by the Agua Caliente Indians. Over 23,000 residential properties along with some commercial properties are located on Indian lease land. Most of the residential properties are owned individually by tribal members, and all leases are administered through the Bureau of Indian Affairs. The lease fee paid covers long term use of the land. Although you do not own the land, the lease gives you legal right tothe use of the land for the duration of the current lease. This is similar to the concept of condo ownership where you do not own the land it sits on, and you pay fees to the condo ownership association.
Though fee simple (where you own the land) is the standard type of ownership in California, there are some benefits to buying a home, condo or lot located on leased land. I have been selling real estate in Palm Springs continuously since 1978 and have sold many homes on Indian lease land. I have watched homes on Indian lease land appreciate at the same rate as homes on fee simple property. Often I’m asked if I would purchase a home on Indian land and the answer is a resounding yes. But the home would have to be priced right, given the fact that you do not own the land. Leases generally run from$2,000 to $4,000 per year, depending on the property and the current lease. It’s been my experience that homes on lease land generally sell for 15% to 20% less than a similar home built on fee simple land.
Let’s use the following as an example. Let’s say a home on fee simple land is priced at $500,000. That same home on Indian lease land (Parc Andreas, Palm Springs Indian Land Lease would be $400,000 to $425,000. If the home is $75,000 less, the value of that money at today’s interest rate (7%) would be $5,250 per year. If the lease on that property is $3,000 a year, you would be saving $2,250 each year and have the same quality of life that you’d have if you’d bought on fee simple land. There are no signs that indicate you are entering Indian land, and your family and guests will enjoy the newer congruent neighborhoods that are found on developed Indian land. Also your property taxes would be based on the lower amount, resulting in additional savings.
Since you bought the home for only $425,000 versus $500,000, if you wanted to sell the property down the road, you would be able to price the property that much better than fee simple land. Of course, the biggest reason for purchasing a home on Indian land is that some of the most scenic and beautiful property to be found in Palm Springs is located on Indian lease land, many with underground utilities. (Parc Andreas, Palm Springs Indian Land Lease)
The maximum lease period is 65 years, and lease extensions all being done all the time. The Indians have no desire to let the leases expire and own the improvements. Historically, leases are getting extended when they get down below 30 years. I have seen no leases get down much below 25 years left to extend. The majority of the leases are extended between the 30th and the 35th year left to go. So if you are concerned about leaving the property to your family after you’re gone, you can certainly know that the improvements will still be there, the lease will be intact, and the value of that property will still be in place. Be sure to find out if a property you are considering buying is on leased land and what the terms of that particular lease are. And most importantly, as a home buyer you need to read and make certain you understand the terms of the sublease. To learn more about Indian lease land, please contact the Bureau of Indian Affairs, TESA Branch at (760) 416-3289.
Parc Andreas, Palm Springs Indian Land Lease
My thoughts:
It seems to me that purchasing a home in Parc Andreas, Palm Springs Indian Land Lease is, on the face of it, a non-issue. As a matter of fact, it seems like you may, in fact, get a pretty good deal.
Check out Indian Land Leases on Google.
If you are looking for a way to earn money to pay to own that home, please inquire here:
Here in the United States, we’re celebrating our FREEDOM this Thursday.
I don’t know about you, but my #1 goal is FREEDOM.
FREEDOM from worry about bills and monetary responsibilities. FREEDOM to do what I want when I want. FREEDOM to travel the world whenever and whenever I want. FREEDOM to have, do and be whatever I want. FREEDOM to give back to the world in a big way.
For me, to have the kind of FREEDOM I’m looking for, I must be wealthy.
The most powerful turning point in my life was when I realized that — if I wanted to become wealthy — the smartest thing I could do was to quit my job.
One of the smartest and most successful men on the planet explains why in this video:
Of course, it’s not my place to tell you that you should quit your job.
But I will say this: for ME…..I would not have stretched myself and worked as hard to become successful if I’d had the security blanket and safety-net of a salary.
Besides….
Life is short. It’s way shorter than we think. And when you look around and see the number of people who do stuff that they absolutely do not enjoy just to get some money….
….well, that’s messed up.
You can get money in about a billion different ways that are honest and ethical. And probably a few million of them are different kinds of fun for people.
Here’s what’s fun for me: http://ourbusinessoverview.com
And it lets me drive what I want to drive…..live where I want to live…..wear what I want to wear……shop where I want to shop…..travel where I want to travel and do it all with the people that I’m in love with.
Life doesn’t suck. Life is AWESOME.
It only sucks when you’ve chosen to spend it doing things that you dislike.
), Don was completely uninterested in the opportunity. Completely uninterested. No way. No how. Not gonna. Period. My stuff … my business.
