Real Estate Investing Mastery Podcast

5 Mistakes When Making Offers on Vacant Land You MUST Avoid! » 1299

01.31.2024 - By Joe McCallPlay

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I want to share with you the five biggest mistakes to avoid whenever you're making offers or buying vacant land. If you ignore these mistakes, you're going to be ignoring them to your peril because they’re really critical. You have to understand what makes a good deal a good deal and what makes a bad one bad. I talk about why it’s important to know who is on the title, which is a big deal with land, and how to clear things up. I also get into terrain and why you need to know how much of the land is usable and whether or not there’s good access. You don’t always have to visit a property yourself to get this information, and I’ll show you how. I walk through why you need to know if the taxes are current on the property and if there’s an HOA with restrictions. Finally, you’ll need to know what the competition’s like in your target area and how to get the data. What’s Inside: —The five biggest mistakes to avoid in vacant land offers. —How to know who’s on the title and how to clear up issues. —Tips for doing the best due diligence on a property.

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