Useful Real Estate Tips and Information for Buying Land

Acreage for Sale in Washington State – Market Overview

Washington state is known for its beautiful views and land. A very scenic state, Washington is in the Pacific Northwest and became the 42nd state in the United States. It’s the 13th most populous state in the country, and a staggering 60% of residents live in the Seattle metropolitan area. The state has a little bit of everything from temperate rainforests to mountain ranges and semi-arid basins in the East. You’ll also find beautiful water on the West Coast of the state, and the state’s biggest industries include. * Shipbuilding * Lumber * Food processing * Aircraft and missile production * Transportation equipment * Metals and metal products Many of these industries are not of great importance for a land investor. With that said, it is good to know that the state does have a thriving lumber industry if you want to sell timber from your land, and it’s also a positive that food processing is popular in the state. These are two very lucrative opportunities to make money from your land, and we’re going to take a look at the market overview for Washington. Washington Acreage and Market Overview There is a lot of open property in Washington state, […]

Acreage for Sale in Washington State – Market Overview

Washington state is known for its beautiful views and land. A very scenic state, Washington is in the Pacific Northwest and became the 42nd state in the United States. It’s the 13th most populous state in the country, and a staggering 60% of residents live in the Seattle metropolitan area. The state has a little bit of everything from temperate rainforests to mountain ranges and semi-arid basins in the East. You’ll also find beautiful water on the West Coast of the state, and the state’s biggest industries include. * Shipbuilding * Lumber * Food processing * Aircraft and missile production * Transportation equipment * Metals and metal products Many of these industries are not of great importance for a land investor. With that said, it is good to know that the state does have a thriving lumber industry if you want to sell timber from your land, and it’s also a positive that food processing is popular in the state. These are two very lucrative opportunities to make money from your land, and we’re going to take a look at the market overview for Washington. Washington Acreage and Market Overview There is a lot of open property in Washington state, […]

Acreage for Sale in Washington State – Market Overview

Land for Sale in Florida – Take Advantage of This Great Investment Opportunity

Land for sale in Florida was a hot commodity before the housing crisis, but how does Florida’s real estate market look today? Many investors are choosing to buy acreage for sale in Florida because the market is rapidly rising. In fact, reports show that in some cities, such as Orlando, home prices were increasing by 1 – 2 percent per month. The Property Type to Buy Residential property is the ideal choice for investors. While commercial property is very lucrative, the price of commercial land is currently out of most investors’ price ranges. However, there is a lot of potential seen in the residential sector. From Miami to Orlando and Jacksonville, people are buying residential properties. The best part is that there is still a surplus in properties available. Before the economic downturn, Florida had a housing inventory of roughly 50,000 homes for sale. This skyrocketed to 450,000 and in 2014, it is estimated that there will be 200,000 homes still for sale. From an investor’s standpoint, this is the time to buy. Economic forecasts state that the economy will not pick up back to its normal pace until the 50,000 mark is reached again. With excess properties on the […]

Land for Sale in Florida – Take Advantage of This Great Investment Opportunity

Land for sale in Florida was a hot commodity before the housing crisis, but how does Florida’s real estate market look today? Many investors are choosing to buy acreage for sale in Florida because the market is rapidly rising. In fact, reports show that in some cities, such as Orlando, home prices were increasing by 1 – 2 percent per month. The Property Type to Buy Residential property is the ideal choice for investors. While commercial property is very lucrative, the price of commercial land is currently out of most investors’ price ranges. However, there is a lot of potential seen in the residential sector. From Miami to Orlando and Jacksonville, people are buying residential properties. The best part is that there is still a surplus in properties available. Before the economic downturn, Florida had a housing inventory of roughly 50,000 homes for sale. This skyrocketed to 450,000 and in 2014, it is estimated that there will be 200,000 homes still for sale. From an investor’s standpoint, this is the time to buy. Economic forecasts state that the economy will not pick up back to its normal pace until the 50,000 mark is reached again. With excess properties on the […]

Land for Sale in Florida – Take Advantage of This Great Investment Opportunity

Your Guide to Finding South Carolina Land for Sale

South Carolina is bordered by North Carolina and Georgia. The east of the state is bordered by the Atlantic Ocean, and has a deep, rich history that dates back to 1708 when many slaves lived in the area. South Carolina was the first state to ratify the Articles of Confederation, and is also the eighth state in the country to ratify the United States Constitution. In terms of land mass, South Carolina has the 40th largest landmass in the United States, and the state has the 24th largest population in the country. The GDP of the state is $183.6 billion, and there are total of 46 counties in all of South Carolina. From beautiful lake-view land to land on the Atlantic Ocean or in the mountains, South Carolina has something for everyone. There’s also a deep history in South Carolina, where many homes and areas are still reminiscent of the Georgian, Greek Revival, Victoria and Adamesque periods. There are even 18th-century Georgian town houses currently being built in the city, and it’s the perfect location in terms of climate. If you want to move to an area of the United States where the climate is rather mild, it doesn’t get […]

Your Guide to Finding South Carolina Land for Sale

South Carolina is bordered by North Carolina and Georgia. The east of the state is bordered by the Atlantic Ocean, and has a deep, rich history that dates back to 1708 when many slaves lived in the area. South Carolina was the first state to ratify the Articles of Confederation, and is also the eighth state in the country to ratify the United States Constitution. In terms of land mass, South Carolina has the 40th largest landmass in the United States, and the state has the 24th largest population in the country. The GDP of the state is $183.6 billion, and there are total of 46 counties in all of South Carolina. From beautiful lake-view land to land on the Atlantic Ocean or in the mountains, South Carolina has something for everyone. There’s also a deep history in South Carolina, where many homes and areas are still reminiscent of the Georgian, Greek Revival, Victoria and Adamesque periods. There are even 18th-century Georgian town houses currently being built in the city, and it’s the perfect location in terms of climate. If you want to move to an area of the United States where the climate is rather mild, it doesn’t get […]

Your Guide to Finding South Carolina Land for Sale

How to Ensure Land Is Buildable Prior to Purchasing

You’ve found the perfect property. The amount of acreage is unbeatable, the price per acre is far below market value, and you have the plans ready to be submitted to the local authorities for approval for building. The only problem is that you haven’t stepped foot on the land itself just yet, and you may not have pulled the trigger to actually purchase the land. But you simply can’t pass this deal up because it’s a once-in-a-lifetime type of opportunity. Land buyers have been in your situation before. And you need to make sure that the land you purchase is buildable before making an investment. After all, if the land isn’t buildable, you’ll be out of a lot of money no matter how good the deal may be. Let’s discuss what you can do to ensure the land you’re purchasing is buildable. Understand Land Regulations Land may be regulated on the city, state and even federal level (in rare circumstances). Restrictions may be in place that will hinder your chance to use your land accordingly. A few restrictions that may exist, include: Zoning: Is the lot zoned for residential, commercial or agricultural usage? If you want to build a home, […]

How to Ensure Land Is Buildable Prior to Purchasing

You’ve found the perfect property. The amount of acreage is unbeatable, the price per acre is far below market value, and you have the plans ready to be submitted to the local authorities for approval for building. The only problem is that you haven’t stepped foot on the land itself just yet, and you may not have pulled the trigger to actually purchase the land. But you simply can’t pass this deal up because it’s a once-in-a-lifetime type of opportunity. Land buyers have been in your situation before. And you need to make sure that the land you purchase is buildable before making an investment. After all, if the land isn’t buildable, you’ll be out of a lot of money no matter how good the deal may be. Let’s discuss what you can do to ensure the land you’re purchasing is buildable. Understand Land Regulations Land may be regulated on the city, state and even federal level (in rare circumstances). Restrictions may be in place that will hinder your chance to use your land accordingly. A few restrictions that may exist, include: Zoning: Is the lot zoned for residential, commercial or agricultural usage? If you want to build a home, […]

How to Ensure Land Is Buildable Prior to Purchasing

Residential Land – What Is It and How to Use It

If you’re new to land investing, you may see a lot of people talking about “residential” land. What exactly does “residential” mean? And how does this term affect land usage? It’s important to understand exactly what you’re getting into before you sign on the dotted line. What is Residential Land? Simply put, residential land is residential property – meaning that it will be used by families and individuals for private housing. Both single-family and multifamily homes can be built on residential land. This includes apartments and condominiums. Residential is a type of zoning, and its requirements/uses differ greatly from properties zoned as commercial, industrial or agricultural. In real estate development, residential areas are often used to build subdivisions. The land is divided into several different lots, and homes are built on each lot. If you plan on building your dream home, building and renting a house, or developing an apartment complex, residential land is what you should be looking for. How Can You Use Residential Land? You know what residential land is, but how can you use it? Naturally, you can use this type of land to build a home or multi-family dwelling. But you can also use it for […]

Residential Land – What Is It and How to Use It

If you’re new to land investing, you may see a lot of people talking about “residential” land. What exactly does “residential” mean? And how does this term affect land usage? It’s important to understand exactly what you’re getting into before you sign on the dotted line. What is Residential Land? Simply put, residential land is residential property – meaning that it will be used by families and individuals for private housing. Both single-family and multifamily homes can be built on residential land. This includes apartments and condominiums. Residential is a type of zoning, and its requirements/uses differ greatly from properties zoned as commercial, industrial or agricultural. In real estate development, residential areas are often used to build subdivisions. The land is divided into several different lots, and homes are built on each lot. If you plan on building your dream home, building and renting a house, or developing an apartment complex, residential land is what you should be looking for. How Can You Use Residential Land? You know what residential land is, but how can you use it? Naturally, you can use this type of land to build a home or multi-family dwelling. But you can also use it for […]

Residential Land – What Is It and How to Use It

Cheap Land Opportunities Near Bombay Beach, California

Bombay Beach is situated along the southeastern shore in California. The city has just 0.9 square miles of land, and the population is just 298 people. This is an exclusive community, and coming across land deals in California is often very difficult without the right resources at your disposal. A secluded area, the nearest gas station to town is 20 miles away in Niland, so you’ll find that many residents use golf carts to get around. The area was once a popular tourist destination, but flooding in the 70s caused much of the area to suffer. The population in the area has since shrunk, but there are still residents that call Bombay Beach home. And there are also surrounding areas that have a higher population. Thousands of people come to the city each year because it is a scenic paradise, and land prices are rather affordable. Land for Sale in Bombay Beach Bombay Beach never got to live up to its potential, as the Salton Sea caused flooding, but the town did see a population increase in 2013 for the first time since 2000. There are 175 households in the town, and land that was undamaged by the flooding is […]

Cheap Land Opportunities Near Bombay Beach, California

Bombay Beach is situated along the southeastern shore in California. The city has just 0.9 square miles of land, and the population is just 298 people. This is an exclusive community, and coming across land deals in California is often very difficult without the right resources at your disposal. A secluded area, the nearest gas station to town is 20 miles away in Niland, so you’ll find that many residents use golf carts to get around. The area was once a popular tourist destination, but flooding in the 70s caused much of the area to suffer. The population in the area has since shrunk, but there are still residents that call Bombay Beach home. And there are also surrounding areas that have a higher population. Thousands of people come to the city each year because it is a scenic paradise, and land prices are rather affordable. Land for Sale in Bombay Beach Bombay Beach never got to live up to its potential, as the Salton Sea caused flooding, but the town did see a population increase in 2013 for the first time since 2000. There are 175 households in the town, and land that was undamaged by the flooding is […]

Cheap Land Opportunities Near Bombay Beach, California

Finding Cheap Homes with Acreage for Sale

When you’re trying to find a home that’s on a large lot, you’ll find that the process is little more difficult than finding a regular home. Acreage is in high demand, and you may have to look outside of your normal destination to find the perfect property for your needs. We’ll be discussing several sites that you can use to conduct a search for cheap homes with acreage for sale. Understand Your Limitations Before we get started, you have to understand your own personal limitations in terms of: * Where the land is located * What price range is realistic * How much work you are willing to put in a home All of these limitations exist, and will have an effect on your search. Let’s discuss each in a little more detail so that you understand what you can expect from your home search. Location The location that you choose is of the utmost importance. You wouldn’t expect to find a large home with acreage in the middle of Manhattan for cheap – it simply doesn’t exist. But you may be able to find cheap homes with acreage in: * North Carolina * Georgia * Arkansas * Texas * […]

Finding Cheap Homes with Acreage for Sale

When you’re trying to find a home that’s on a large lot, you’ll find that the process is little more difficult than finding a regular home. Acreage is in high demand, and you may have to look outside of your normal destination to find the perfect property for your needs. We’ll be discussing several sites that you can use to conduct a search for cheap homes with acreage for sale. Understand Your Limitations Before we get started, you have to understand your own personal limitations in terms of: * Where the land is located * What price range is realistic * How much work you are willing to put in a home All of these limitations exist, and will have an effect on your search. Let’s discuss each in a little more detail so that you understand what you can expect from your home search. Location The location that you choose is of the utmost importance. You wouldn’t expect to find a large home with acreage in the middle of Manhattan for cheap – it simply doesn’t exist. But you may be able to find cheap homes with acreage in: * North Carolina * Georgia * Arkansas * Texas * […]

Finding Cheap Homes with Acreage for Sale

Types of Loans You Can Get For Buying, Flipping or Building on Land

In many parts of the country, you can purchase land for dirt cheap. But sometimes, you come across a piece of property that’s too good to pass up. The only problem? You need financing. Historically, financing land has never been easy, but it’s not impossible either. Depending on your plans for the property, there are several different types of loans you can get for buying, flipping or building on land. Loans for Buying Land If you plan on buying vacant land with no immediate plans to develop it, your options are relatively limited. Raw land is the most difficult to borrow against simply because it’s considered a speculative investment. By definition, raw land doesn’t have any added improvements, and even though you have no plans to develop the property anytime soon, you’ll still be responsible for paying property taxes. Land and Lot Loans Major banks and credit unions both offer land and lot loans, sometimes referred to as raw land loans. Not all lenders offer this type of loan, and you need to come prepared if you hope to have the lender agree to extend you a loan. Consider creating a concept packet that demonstrates your vision for the property […]

Types of Loans You Can Get For Buying, Flipping or Building on Land

In many parts of the country, you can purchase land for dirt cheap. But sometimes, you come across a piece of property that’s too good to pass up. The only problem? You need financing. Historically, financing land has never been easy, but it’s not impossible either. Depending on your plans for the property, there are several different types of loans you can get for buying, flipping or building on land. Loans for Buying Land If you plan on buying vacant land with no immediate plans to develop it, your options are relatively limited. Raw land is the most difficult to borrow against simply because it’s considered a speculative investment. By definition, raw land doesn’t have any added improvements, and even though you have no plans to develop the property anytime soon, you’ll still be responsible for paying property taxes. Land and Lot Loans Major banks and credit unions both offer land and lot loans, sometimes referred to as raw land loans. Not all lenders offer this type of loan, and you need to come prepared if you hope to have the lender agree to extend you a loan. Consider creating a concept packet that demonstrates your vision for the property […]

Types of Loans You Can Get For Buying, Flipping or Building on Land

Top Florida Areas Where You Can Still Purchase Affordable Land in 2016

The beauty of Florida is almost mythical. People from all over the world flock to the state to visit the beautiful shores of Miami, or get lost in the magic of Disney World. But if you’re looking to buy cheap land in Miami or Orlando, you’re not going to find it. This doesn’t mean that you can’t travel to other areas of the state and find beautiful pieces of land at very reasonable prices. In fact, a recent article just stated that Florida is the best state in the entire country to live paycheck to paycheck. Prices are affordable, and even rental prices are affordable if you’re not looking to buy land. Florida is a great state overall, and there is no denying that it has the best temperatures and climates in the entire country. Let’s take a look at a few of the top areas where land is still very affordable: Fort Myers The city of Fort Myers is spectacular in terms of use. Situated in the southwest part of the state, this magnificent city was home to Henry Ford and Thomas Edison (winter homes). The city spans 40.4 mi.² with 21.25% of the city consisting of water. Winters […]

Top Florida Areas Where You Can Still Purchase Affordable Land in 2016

The beauty of Florida is almost mythical. People from all over the world flock to the state to visit the beautiful shores of Miami, or get lost in the magic of Disney World. But if you’re looking to buy cheap land in Miami or Orlando, you’re not going to find it. This doesn’t mean that you can’t travel to other areas of the state and find beautiful pieces of land at very reasonable prices. In fact, a recent article just stated that Florida is the best state in the entire country to live paycheck to paycheck. Prices are affordable, and even rental prices are affordable if you’re not looking to buy land. Florida is a great state overall, and there is no denying that it has the best temperatures and climates in the entire country. Let’s take a look at a few of the top areas where land is still very affordable: Fort Myers The city of Fort Myers is spectacular in terms of use. Situated in the southwest part of the state, this magnificent city was home to Henry Ford and Thomas Edison (winter homes). The city spans 40.4 mi.² with 21.25% of the city consisting of water. Winters […]

Top Florida Areas Where You Can Still Purchase Affordable Land in 2016

Build Yourself, Buy New or Buy to Renovate – Best Housing Options

When you go to buy a home, you’ll find that there are three options available to you: build, buy new, or buy and renovate. The truth is that all of these are great ways to get into a home, but your own preferences will depend on how your home search proceeds. If you have the money and want a truly unique home, you may want to build it from the ground up. You’ll likely save some money when you buy a new home, but it may not be exactly what you wanted in a home. The countertops may be granite instead of marble, there may be steps when you would have liked to walk directly into your home, or the entrance to the basement may not be ideal. The truth is that no home is 100% what a person would want. And if it is, you’ll find that something could have been a little better a few years down the road. Renovating a property is also a great option. I like the idea of renovating because you can step into an old Victorian home and own a piece of history. You’ll find that the clawfoot tub is pristine while the […]

Build Yourself, Buy New or Buy to Renovate – Best Housing Options

When you go to buy a home, you’ll find that there are three options available to you: build, buy new, or buy and renovate. The truth is that all of these are great ways to get into a home, but your own preferences will depend on how your home search proceeds. If you have the money and want a truly unique home, you may want to build it from the ground up. You’ll likely save some money when you buy a new home, but it may not be exactly what you wanted in a home. The countertops may be granite instead of marble, there may be steps when you would have liked to walk directly into your home, or the entrance to the basement may not be ideal. The truth is that no home is 100% what a person would want. And if it is, you’ll find that something could have been a little better a few years down the road. Renovating a property is also a great option. I like the idea of renovating because you can step into an old Victorian home and own a piece of history. You’ll find that the clawfoot tub is pristine while the […]

Build Yourself, Buy New or Buy to Renovate – Best Housing Options