The Buy and Hold theory of real estate investing |

This photo was taken on the Schumacher plaza in Hermosa Beach. My friend, David Schumacher, used to come to all our meetings. He has since passed on. He started investing in Hermosa Beach real estate in the 60?s when it was a gang area. He bought with no money down and held on.
His real estate career was so successful that he donated 2 million to the City to re-do the Hermosa Beach pier. That?s why they named the plaza after him.
What can you do if you buy and hold like he did?

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