How To Buy Land
| May 16, 2013HOW TO BUY LAND: Getting Started–
Learning how to buy land at wholesale prices takes a little bit of due diligence, effort and know how. When I first started to learn how to buy land I was overwhelmed with all of the information online. Does it perk? Are there easements? What’s the water table? How is it zoned? What is the highest and best use? And on and on…
First, don’t just rely on your local broker to help you buy land with your first purchase. Remember, they get paid for getting a deal, not necessarily making you happy. As a result, you need a working checklist:
This is what I recommend if you want to know how to buy land:
So your first question should be, what am I, buying this land for? Will it satisfy my requirements? Once you have a clear understanding of what the land is supposed to satisfy as far as your investment goals, then your search can begin. So often people waste their time and effort over a simple land flip and lose out on the deal because they get overwhelmed with the due diligence. Read More