Showing posts with label Should. Show all posts
Showing posts with label Should. Show all posts

Saturday, July 16, 2011

Why We Believe Everyone Should Be Investing in Land Right Now!


Are you looking to make an investment that's virtually guaranteed to increase in value regardless of whether it is short or long term? Then buy land!

What's the big deal about buying land? Well, the short answer is that land is about the best investment you can make right now. Forget the stock market, CDs, venture capitalism, and even other real estate, such as houses. If you want to make an investment that will not only be safe, but also profitable in both the short and long-term, then buy land.

Why land, you ask? The main reason is because it's valuable. More specifically, its value is only going to increase. And it's going to increase indefinitely thanks to the fact that land is a limited asset. As the population continues to grow and move, more and more land is being developed, and thus the remaining undeveloped land increases in value as it becomes rarer. Timber, farm land, even industrial or residentially zone land.it doesn't matter! Every type of land for sale is expected to increase in value.

The benefits received when you buy land are many. In addition to the existing and increasing value of the land, you may also have opportunities to profit from the land prior to reselling it. You may be able to lease farm land, pasture, or timber, or enroll your land in a long-term government program like the Conservation Reserve Program (or CRP) which pays a set yearly sum to land owners that choose not to farm certain sects of tillable land.

Regardless of why you buy land of any type, it's a nearly fool-proof investment. Not only are you acquiring an asset that is virtually guaranteed to increase in value (on average land prices have doubled every decade), but the purchase of land also equates to increased collateral for larger future investments. In fact, in the current economy many banks are more willing to make loans based on land as equity than they are to make loans on home equity.

And speaking of the current economy; there is no better time than now to buy land. While land for sale is somewhat limited, the number of potential purchasers is for the first time in a long time limited too. If you happen to have the capital necessary to invest in land, then you are in luck, because for once the competition for land is reduced as regular investors struggle to make ends meet in the current economy. That means that land prices are also more reasonable than they have been in a long time. This gives you an even greater opportunity to profit from purchasing land for sale by reducing your initial investment. Regardless of how quickly the economy rebounds, land will continue to increase in value as the available amount of it decreases. With reasons like these, perhaps the better question is not, "Why buy land," but "Why buy anything but land?




FYI: Anyone can buy cheap land online right now with 100% owner financing at: http://www.landsalesco.com



This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

Friday, July 8, 2011

What Type of Land Should You Invest In?


Investment in land is one of those investments where the chance of it going bad is practically nil. There are different types of land that can be invested in. You can invest in residential, commercial, recreational, agriculture, and timber land. It is your selection of which type of land should you invest in, and that is likely to be challenging. You have to choose land according to your present and future needs, and at the cost you are willing to pay. Always remember that land assets have three characteristics i.e. scarcity which cannot be created, durable and immovable. Each land type has it positives and negatives. Here are some things to keep in mind when deciding what type of land to invest in.

Residential lands

The first thing you should do before buying land for residential purpose is to make sure that it is close to a commercial location, public amenities, and schools. So, look for the following features before you go for buying one.


First of all see whether it fits your home plans or not. Show your land and home plans to a good architect or a planner who can give you good advice. It will be better to change the home plans according to the land type and size.
Secondly, make sure that the facilities like gas connection, schools, hospitals, and airports etc. are available without much difficulty. If the land has any private roads, look for the common maintenance agreement and check whether all owners are signed mutually or not. This will allow you to apply for the loans without any difficulty.
Before the final paper work and payment be sure that you have carefully checked all the boundaries and documents. Besides, confirmation of land's approval is very necessary because residential lands are lands within an urban boundary or within a designated residential area.

If your intent is to develop the land for residential purposes or as a way to make some money by selling it to a developer, then you should invest in residential lands.

Commercial lands

Commercial lands must be selected according to its location and suitability for business purpose. While selecting commercial lands, look at the present day benefits as well as calculate and determine the benefits to be had in the future. After your selection, you should employ a good architect for the construction purpose as well planned and well organized buildings will be sold quickly.

Before you invest in commercial lands, obtain an expert opinion on your land selection. The return from your investment in commercial lands is what matters a lot. Moreover, the price of the land is calculated by estimating the present value and the future net returns from the land. So for the best commercial lands see the following features:


Location of the land.
Future development.
Demand at present.
Value.
Financial subsidy.
Approval by the authority and
Returns.

The productive factor, technological improvements and other related conditions also determines the land price.

Agricultural lands

If you are buying land for agricultural purposes then you have to invest in the fertile agricultural lands so that you can get good returns. As housing pressure is high buying agricultural lands near existing housing will be a wise decision. In the future you have the option to convert it for housing purpose.

Before buying agricultural lands, you should check the geographical location, soil condition, biodiversity, carbon sources, electricity facilities, water sources and other facilities in detail. You should also look for:


Nearby water sources like rivers or canals etc.
Land clearance.
Land classification.
Land quality.
Deforestation farms.
Echo systems.

Pricing

Another thing to consider when choosing land to invest in is the price. You cannot purchase land you cannot afford. You must know what amount of money you are willing to invest to purchase a piece of land. This will be determined by what your reasons for investing are and whether or not it is worth it. Also the price may be determined by adjustments of demand and supply in the land market. The relevant socio-political and cultural activities also affect the price of the lands in the land market.

Your decision on what type of land to invest in must be driven by what your investment needs are and what your long term goals for the land is. The cost and the different procedures must be known and carefully gone through. All in all your decision must be an informed one.




For Discounted Land For Sale, Visit Discount Land For Sale.com. List your land for free or search through our discounted land for sale!



This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

Thursday, July 7, 2011

Why You Should Work With a Land Realtor


I let out a big sigh when one of my students called me. He talked with a landowner who lived in Michigan but owned a parcel of land in Florida. The landowner was interested in selling but said that first he was going to call a Realtor in Florida to determine the value of the property.

So why did I sigh? My experience says that they are going to contact the wrong person and get bad advice (mostly in regards to price). Ultimately the deal will fall through.

Most sellers don't understand that they cannot contact just ANY Realtor to help them make an informed decision. They are best served to contact a Realtor who is experienced in land. It is the same dynamic if I am considering buying a self storage complex. I don't call ANY Realtor - I find one who understands how to value commercial properties.

Sounds simple doesn't it? I have had too many experiences in negotiating with landowners where the deal was derailed by a Realtor who didn't have experience valuing land. This isn't a knock against Realtors in general.

Let's face it - to value land in this economy is tricky at best. It is imperative to find a land professional that knows the local area and is familiar with land that has recently sold in there. So if I am going to do a deal in Alabama, I am calling a Realtor who is experienced in land statewide as well as locally. I am not going to call a land Realtor in Georgia or North Carolina because land in Alabama is unique in regards to terrain, demand, price per acre, etc.

Why am I such a big fan of land Realtors? They are a critical person in the process to understand land values and whether a parcel is a good value or not.

I cut my teeth in land when I was an office manager at a land brokerage (I am an investor not a Realtor). While I was there, about 60% of the buyers bought land sight unseen. It was because they were looking at land like stock. They were TRUSTING that the land Realtors at the office evaluated the property correctly.

My boss was the stereotypical land broker. He came to work dressed in his cowboy hat and boots and had a drawl that this city boy could sometimes not understand. But he KNEW his area and was passionate about finding only the best deals for his buyers.

But the stereotype of the land Realtor is changing. With the advent of the Internet, land Realtors still know their area well. But now they have evolved into Internet real estate specialists creating high quality marketing pieces for websites and email requests.

It is my opinion that we are not going to have enough experienced land Realtors to service the upcoming demand for all land types. With the stock market and economy in continued decay, more and more investors are going to turn to land as one safe haven to place their money.

Investors are going to have to trust an experienced land Realtor's opinion on finding good values. Are you one of them?

I have been a part of over 600 land deals and virtually every transaction has been closed with the help of a land Realtor. I would not turn to anyone else!

So how does one find a land Realtor in the area where you hope to buy? Here are a couple of suggestions:

1. Go to www.rliland.com and search through their free database of land Realtors. Look for "Find a Land Consultant" tab on the site to begin your search.

2. Go on the Internet and select the state and county that you are searching and see which Realtor is listing land parcels for sale in that area. Usually they will have enough experience in land to assist you.

3. Sometimes I call a large brokerage office by phone and ask for the land specialist in their mix of Realtors. Unfortunately I have had some Realtors misrepresent themselves so you have to be careful to interview them to determine if they are the right person. (I have a chapter in my manual on "How to Find the Right Realtor" that goes into how to interview for a land Realtor to determine if they are right person for your real estate need).

One of the best decisions you can ever make when purchasing land is to find a land Realtor to serve your needs.




Learn how to develop a competitive edge as a real estate investor by applying the principles Russell Ward writes about in his Home Study Course, Vacant Land Guide - How to Buy Vacant Land at Wholesale Prices. The turn-key program teaches how to make $5K to $10K per month quick turning small parcels of land and $50K to $100K per deal on larger tracts of land in just 10-15 hours per week!



This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.