Anderson Business Advisors Podcast
Investing in Raw Land
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Looking for land? It’s tough to find. So, where do you find the niches to find the riches to invest in raw land?

Today, Clint Coons of Anderson Business Advisors talks to Seth Williams, founder of REtipster, an online community that offers real-world guidance for real estate investors.

Seth discusses how he realized that land is probably the better way to go. It’s easier to find deals on land than houses and it costs a lot less.

Highlights/Topics:

  • Raw Land Investments: Low liability, low risk, no tenants, and property taxes are cheap.
  • What’s worth buying or not? Vacant land is simple, but is not easy.
  • Always Ask: Is the property zoned right? Are there restrictions? What are the setbacks?
  • Environmental Due Diligence: How much is spent on raw land development? A fortune.
  • DataTree: You can get most of the information you need without spending a fortune.
  • How to get started? Identify market, location, seller financing, state laws, and tax rules.
  • Where? New Mexico and Southwest—less complex and fewer variables to understand.
  • Invest to Sell: Market property with Facebook Marketplace, Craigslist, and Zillow FSBO.
  • Leads: Pros and cons of using direct mail, automated offers, and not knowing markets.

Resources

REtipster

REtipster on YouTube

DataTree

Land Investing

The Land Flipping Lifecycle

The Truth About Land Investing

LandWatch

Land and Farm

MLS

Clint Coons

Anderson Advisors

Anderson Advisors Tax and Asset Protection Event

Anderson Advisors on YouTube

Full Episode Transcript:

Clint: Hey, welcome, everyone. It’s Clint Coons of Anderson Business Advisors. In this episode, I want to talk about something that is really different than what we normally discuss when it comes to investing and working with individuals. It’s always about houses, multifamily, but the one thing I’ve never touched on before is raw land investing. Here’s what got me really interested in this. I decided to buy a boat. I’m over 50 now. I’m going to get a boat. I got a small boat and the issue that came up this year is after the summer is like, what the hell do you do with it? Where’d you put it? Because I don’t have the room in my driveway, or in my house or garage to put a boat. Then I started scrambling around trying to find some place to park this boat and pay someone.

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