I watched about 6 videos before this one because I am considering buying some rural property. This was by far the best; with the most helpful information.
Amazing Video Phil! Wetlands is something I learned new from your video today. Thank you! 1. Terrain (better to see it before buying) 2. Cleared vs. Tree'd (land with trees) 3. Wetlands (characteristic vegetation) check Inventory Mapper 4. Flood Zone - FEMA flood zone map 5. County maintained road access 6. Utilities - Electricity Water and Sewer 7. Cell Phone Service (Internet connection) 8. Neighbors 9. Endangered species 10. Zoning (is it Residential, Commercial, Industrial, Agriculture land).
@@memyself4431 exactly. It could be the most important and Phil should have included with utilities #6. I have first hand experience. I have subdivided many lots and assisted my father as he was a developer. The investment in rural areas with no sewer is critical. Investors that have no experience need good info because 99% of Realtors have virtually limited knowledge of land and lots. Do your due diligence. Get factual info from the local county office. Don't depend on verbal crap from anyone. Get the facts. Soil scientist are a valuable resource and are an independent bunch much like surveyors however, they have critical info. Just because you have multiple acres doesn't mean you can build on 1 acre or 10 acres. Many hazards since the environmental office ( usually a gumment entity ) have strict guidelines for how many " bedrooms" house you can build. Go get the variables in each county or state. The state usually dictates to the county the type of soil and other variables you have to comply with in order to build one or multiple homes. Get the facts, not here say .
@@mikepeek5655 I have this book from the library called property laws for dummies. It is a great book but I have yet to read it. I think that is a great start because it opens a wide variety of almost any topic on purchasing land. There are percolation tests, mineral rights, some soil cannot handle basements, the land could already be owned by someone and being sold to another person without this knowledge, Simone could be a squatter on the land or using a piece of the land and after a certain amount of time has lapsed it is their claim to that land. There are many factors and if I have land I want to do my due diligence because on important thing I want is PEaCE and being undisturbed when people may find a convenient opportunity to do so. I really want to be a land owned
What happened to the days when you could largely live the life you see fit on your own land as long as you didn't threaten public safety!? Wow, this was eye opening.
@Motorcitymadman No were not. Agenda 21 & ICLE changed America. There is no such thing as personal property rights. Add to the the final smothering layer of bureaucracy, the HOA and you basically live by government rules, not your own free will.
It remains the way you believe. Nothing has changed. The socialists in positions of government and key places in public were slowly conditioning the mind of Americans and now more quickly than ever to believe that things imagined are real. Start here; does the government have hands to grab and takeaway? Have you or anyone you know met the "USA government"? Why are people afraid of alphabets such as the IRS as though it can hurt a living man? It is men and women acting from the imagination of their minds committing these acts of crimes against other humans from behind the curtain like the wizard of oz. It is all in the mind; the conditioning of belief function of the mind. Now keep yourself out of the maze, that is the game.
I literally went through every point of this video while I was in the process for buying a land lot. I'd add one other point; try not to rush the buying process! I went through two lots before I bought my land because of issues with zoning, terrain, wetlands, you name it! And once you find the area or county with laws and land your like, you still have to negotiate the price. Therefore, I recommend any buyer out there to give yourself more time to make the correct purchase for yourself.
@@safffff1000 Look for counties that allow homesteading. In Colorado, these counties allow for camping and living on your land for an extended amount of time. BK
I let an agent influence me into not buying land. Sh was about 2 acres for less than what im looking at now. Which is smaller. I feel like i shouldve went by my instinct... But i let him convince me out of it instead. I shouldve known better when he did a little self promotion about how he could talk down prices on other sales. Honestly, i have no clue wtf im doing... This whole process looks like this to me: 🔁🔂🔀▶️⏩⏬🔽⏫🔼⏮️⏪◀️⏯️⏭️⏸️⏹️⏺️⏏️⬆️↗️↩️↔️↕️↖️⬅️↙️⬇️↘️➡️↪️⤴️⤵️🔃🔄🔙🔛🔝🔚. Like jesus let me process this sh. This is my first time trying to dive in, in the first place. On long nights of excited, high anxiousness, & ass backwardly talking to whoever during the day, w/ no sleep. :/ This is just how i do 😲💁🏻♀️.
Phil, Tip 10.5 should be Restrictive Covenants. Even if you are able to research and understand the zoning restrictions in place by the county or municipality, potential land buyers need to be aware that deeds can (and oftentimes do) have baked in restrictive covenants. What is a restrictive covenant? To put it simply, it is anything that the developer who subdivided the land felt might damage the property value of the neighboring parcels. Even if it's not a formal subdivision, there can be restrictions in place from when a land owner of a large tract of land broke off and sold smaller portion of their land to an outside buyer. The biggest targets of restrictive covenants will be mobile homes, tents, campers, and any sort of dwelling that doesn't fit the mold of what the prior land owner had in mind. However, they can be incredibly specific as well. I'm currently shopping a contract for a lot where the developer requires homes to have a minimum of 65% of their exterior building material as stone, brick or masonry. Even though the land would be perfectly suited for a log cabin, it would be impossible to build without risking a lawsuit. I'm sure that the restrictions only get more and more antagonizing as the subdivision gets pricier, nicer, and newer. Interestingly, since the county and municipality aren't setting these rules, the local government will have no qualms with issuing permits (that you of course paid for), only to have your neighbors file an injunction on your build site should the structure not conform to the specifications laid out in the deed. I live and work in Tennessee where the courts are not favorably disposed towards restrictive covenants, but it could take a mountain of legal fees to clarify or establish your right to build. Overall, restrictive covenants are a landmine that can be very easy to overlook or underestimate. Love your work Phil, have watched many of your videos 2-3 times. Keep sending us signal!
Thank you for this video. My level of ignorance is immeasurable. I thought the only thing to worry about was a clean title, zoning, and variances. I have listened to the video twice and am now ready to take notes. Your video is the classroom I need as an educational guide. There is not another video on TH-cam that quickly, clearly, and concisely explains the basic precautions one needs to know before buying land. Thank you for sparing us the silly chatter as a video foreword. You have helped me think about how I need to think.
What makes me angry is the cost of permits and the rise of taxes when improvements are done. What kind of incentive is that to build or make improvements when you know your taxes will go up.
@@ShowBizJunkie When you do improvements to your property you have to get permits or to start building a house you have to get a permit. My landlord is building a house and had to pay 14k for a permit. Property taxes can very depending on the improvements to the property. Ask anyone you know who owns property and ask them what the taxes are. The more the improvements the higher the taxes. Doesn't seem fair really.
I live in WI and I pay rent to a landlord in an apartment! Property taxes are not cheap here if you are a homeowner. I have noticed that people do not upgrade their homes here when searching on Zillow. It is to my own knowledge that this is the reason why! They can apt afford higher taxes for betterment’s and improvements to their homes! The area is wonderful and the people are decent and the crime is B+ bit the homes are not upgraded they are just maintained and look like 2020 on the outside and 1950 on the inside
Beware of the term “septic approved”, that could be years ago, and it has to be reapproved. In Some places septic tests are only done a few months of the year meaning your dream home just got 9 months added onto the construction time. Also check easements and road planning. Road expansion can put you right next to the road instead of that beautiful front yard you in vision. A major electric ⚡️ line upgrade/expansion went through some side yards in our community killing the resale value. It happened about 2 years after they built. If they had checked the utility plans for the area they wouldn’t have bought the land and built custom homes as the expansion was planned and in process when they bought. Also in Maryland, building within 1000 ft of water sets off environmental impact, upgraded septic (+10,000), and all kinds of restrictions. Even a dry creek can set off the restrictions. You can not cut a tree greater than 8”. So overly mature trees are now falling on homes and cars, cuz you can’t cut them down even for safety. My car was totaled and the neighbor down street lost his garage, 2 cars and 1/2 his house. The unintended consequences of a law can be devastating.
Existing easements can be a gotcha also. I was looking for land in Kentucky a while back and finally found something with some semi-flat area to work with to build on. Problem was the electric company had an easement and you couldn't build within so many feet of the overhead lines that crossed the property. Managed to avoid that mess. Listening to this video, I feel like a did a good job avoiding the gotchas out there and there are a bunch.
Omg! I can’t even tell you how blessed I felt when I lost a bid on a house recently - this area in Texas had a frog protection - you can’t even dig a hole in your backyard without hoa permission! Insane
I didn’t think of the wetlands map.. I appreciate that!….. actually let me update my comment! This was one of the best information videos I’ve seen. I have watched a ton since I’ve bought land, and this one has some major key points no one thinks about or talks about! Pay attention people!
Thanks for making this video. I’m looking to buy land in Shelton Washington, and I just emailed the realtor all of your questions & now she’s trying to void a few of the questions & now telling me she can get the seller to knock 2k off the price. The original price is 7k. I’m not making a move until she answer my questions.
Jj hey thanks for all your info I’m Gonna check it out once I’m done writing this. I did buy land it’s 10,970sf, and also has electricity the property. Only paid $5k for it. I will be buying more land soon & you’re right buying cheap isn’t always the best. A friend found that out the hard way.
If she's dodging answering, my guess is that 2K is a joke and the land is pretty much useless for anything but a hiking trail. Get your answers IN WRITING so you can get your money back when you find out the truth. Just know you'll still have to pay the legal fees.
Another thing to check: Earthquake fault lines. If there are any, the state will likely require a setback and this may make your land unbuildable. This is especially important in Southern California as there are MANY fault lines.
@@kendahkem5279 Unlike yourself I'm not satisfied with the way the gov has been treating its' citizens. You can lie down and accept that the gov will be having its way with you but I refuse.
i was about to buy a monalisa piece of land in a price of shoes. 1 hour before putting an offer i luckily saw this video and saved my money. the land was wetland with 80% land was in a water.
This was an eye opener for me 👍🏻 really good info. I live in AZ and land sellers always put a lot of real estate jargon in their ads. I always see “easements”, conservation, rolling topography and no water/well drill. County roads was something i had no idea about because septic systems in Tucson are the standard. Thank you for posting this, hugely informative!
You're so correct, there are no (very few) actual land owners, just tenants paying their tribute (taxes) to their (land) Lords, who will send his Sheriff's after you, if you do not or can not pay. If not, they will auction it off and keep ALL of the proceeds, no matter what the compelling, heartbreaking reasons may be, a disabled war Veteran or widow and no matter that you've dutifully paid the rent, in full, for the past 50 years straight. They will sell the property and keep all of it, even if it vastly outstrips the amount of tribute owed. We are a nation of peasants, living on the land at our Lord's leisure, very much like feudal Europe. Oh, they can change the terms, conditions and/or amounts owed at any time. It is a form of slavery just as income taxes are: give the slave master his cut, or he will send him armed men after you, to shake you down for even more than originally owed thought "fines" (more taxes), fees (more taxes) and "costs" (even more taxes).
They don't actually keep all the money (except for one state, I forget which one it is). They send you a notice, at your last known address, which is often the address they stole from you. If you have been ousted from a property, go back to that county and find out how to fill out the form to get your money back. They don't try to find you because they can keep the money and the interest while holding it, plus, if you don't try ask for the rest of your money (minus the taxes and expenses of the sale) within about three years, they can then escheat it, and yes it is what it sounds like, a legal term to allow them to cheat you.
Re-read your own comment. The answer is within it. Just step back and ask yourself, "why do i believe that?" Have you as a living being met the government? No and you never will. It is a mind trap, a wizard of oz trick to "MAKE BELIVE" make you believe; like children say, "let's make believe". None of what you believe is real about the things people made up. The man or woman that agree and pay for Real things owns it forever. Perpetually, passing it on from generation to generation.
@shushishane indentured servents? anyway. you dont own. if u do not meet new standards(laws) or do not pay prop.tax they will take it. LOL it did get very euro in the americas very fast. USA is a western UK full cirle will come before 2100. just sit back look up and enjoy your "ceilling fan" cuz (they) will take it.
If you are making payments each month and paying property taxes each year, you are the lessee and the gov. is the lessor. Even if you pay off the property, you still do not own it. The bank, the title co, and the county owns the land. You are just the peasant serf who is the caretaker for the feudal overlords.
We were looking for a land with river access. Last week found 5 ac property that by description and by looking at Google map was "backing" to a river. Excited we travel to the place and found out that there was a 50 m drop (cliff) to the river. Glad we took time to visit. We then found out that someone gave on offer with no subject and without visiting the place. A surprise is waiting for them.
My husband's family owned 62 acres they wanted to sell and a running hose from a nearby house classified the land as wetland! They had to have it thoroughly inspected by bureaucrats. THEN, they had to get an archaeologist to make sure it wasn't an ancient burial ground! THEN, they had to fight the hose people and their neighbors who had put fences up to make their yards bigger by using the family's land. It was a mess. It took three years to unravel everything and a lot of money and headaches to sell their own land.
Yes, owning your own property is just a dream, if you don’t believe me don’t pay your property taxes and you will find out real soon who really owns it !
What is wrong with you folks? Can amazon take your property? If it can't, then the government can't. which one of you ever spoke to the government? It doesn't exist people. The usa is a corporate entity and unless you consent to following its company policies, no person acting on the policies of the USA company can take your property.
In 1975 Minnesota passed a bill that they own all mineral rights under your land. They put the vote notice in the Friday afternoon paper . Nobody saw it to vote no on the bill. So it was passed.
Well, common sense. Buy for 2 and sell for 4. = a Harvard education. The point is that I respect people who can summarize points quickly- and tell you what / what not to do quickly. It is up to the individual to dig in deeper if they want. Great video.
@@robertcornelisse8664 usually the title company. If the title company doesn't have anything recorded go to your state or County. The other option is that you can get ahold of Bureau of Land Management and they could point you in the right direction. It varies from state-to-state.
@@robertcornelisse8664 Check your local county court house.... the record room or the clerks office where records are kept. Pulling the deed and reading the description should give you clues. If the minerals were sold/separated from the land, it will be recorded in the deed.
Check how old the schools are. If they are due for replacement you can expect a large increase in your property taxes. Particularly if the land is waterfront. ..
Thank you so much for this video. I was going to buy two acres of land at a tax deed sale in Palm Bay Florida and came to realize that the land was all wetland property. You rock 👍👍
You do own what you pay for. In the grand scheme of it all, it is confession like your comment that those who know the game rely on as a gauge to keep the power to take from you forever.
Phil thank you for the videos, I find them informative and entertaining. One more tip to consider is soil testing. I almost bought a lake lot, did a soil test just as part of due diligence as some lots by the water are just filled in, and found out that it was full of gasoline!. It so happens that that particular lot was part of a trailer park with a ramp for boats and must have had a gasoline refueling tank and it leaked. Everyone thought I was exaggerating by doing a soil test before buying... best $500 I ever spent
@@Big_John_CNothing wrong with farm smells, confinement pigs are another thing. It’s not natural, it’s inhumane and not fair to your neighbors or the pigs. I live next door to confinement pigs, the smell is disgusting. We have had pigs and it never smells like a confinement farm.
I really like your video and it is very informative, thank you. But just as an aside, about the wetlands -- I know the regulations are annoying, but I grew up and live around wetlands and they are a very valuable part of our ecosystem. They collect water runoff and serve as efficient filters for the groundwater system -- and everyone loves clean water. The trees keep the air fresh and they're home to many beautiful species of animals and birds -- and the creek sees salmon on their journey to spawn. I have fond memories of hunting for frogs in the reeds as a little girl. When my city restored the wetlands habitat, storm drainage improved and there was significantly less flooding over the streets. Traffic improved and property values increased. /2cents
I'm in Florida. We're at about sea level and we have springs underneath us. You dig a few feet under ground and you hit water around here. That's probably why I forgot to bring it up...it's ultra cheap to get spring water anywhere in Florida.
WELLS are very important! You cannot do anything with land unless you have water. And if you think you can take water from a nearby stream, there may be laws against that as well. It's pretty soggy where I live (not like FL) but you still have to have a well in order to live like a normal person and not be OFF GRID. You might also mention land lines for a phone. Usually any area with electric will have a land line available. I live in an area with bad cell reception (not necessarily a bad thing, considering the potential health impacts of 5G) but I can call anywhere from my land line.
@@freedom_mentor lol that what I was about to tell him Phil , I live in Tampa Bay area & also have 5.3 acres in Suwannee county.....we don't have to worry about finding water around here
Thanks a lot for the info in the video, man !! By the way, I am not from America but I am from a small town in the North Eastern part of India called Shillong where the Land Systems are different from the rest of mainland India ; In our place , we not only OWN the LAND but we also OWN anything that is in the LAND such as minerals like limestone, uranium,etc !!!
That is a good list. The problem with wetlands is that you don't know if you have them until a wetlands biologists checks your property out. Having an in depth understanding of what plants suggest a wetland can help quite a bit. In addition to wetlands, you should check to see if you have any environmentally critical areas on it i.e. Steep slope >40%, unstable slopes, etc
THANK YOU FOR TAKING TIME TO MAKE THIS VIDEO YOU ARE A GREAT PERSON AND THANK YOU FOR CARING FOR OTHERS BUYING LAND FOR THE FIRST TIME OR THEIR NEXT LANDS
Great video. In rural areas water wells are a big factor. Also soil peculation/type (for septic system). These two items should be on the list for land hunting outside of Florida.
1 old oak tree getting cut down could benefit an entire community if it meant bringing jobs or housing. Its a tree. Yes we need them but to actually cause problem for cutting 1 or 2 or 10 is ridiculous. The same that claim to love trees are the same people wanting to eliminate carbon emmission which is not a polutant but food for plants and TREES!
The Mon key ... I am currently looking for a small home on property. I just don’t understand why people when they buy land, the first thing they do is clear it! It seems to be a compulsion to strip it down to the dirt. If you are a farmer or rancher I get it, but not to just build a house. Leave some trees please.
At about 1 minute and I gave you a thumbs down and was ready to leave the video due to all of that self-promotion, but I'm glad I hung around because you blew me away with tons of useful information and just what an overall killer video. Thank you! Dropped you a thumbs up and subscribed
Even when you see the terrain, sometimes you need to walk it too. I had a place with a backyard that didn't look as steep as it actually was when you just looked at it from the back porch. It was a nightmare to mow.
Thank you for this video. I have not heard these research tips before to buy land. You have saved me. I am in the process of buying land in Orangeburg SC. Thank God for your 10 tips video. I wrote tips down. I will use. Please research and do video on selling trees lands to logging companies. I have been told you can contact Log companies and they can clear trees for you. You sell them the trees.
I wouldn't get too excited about that angle. You can call a few logging companies and you'll discover that they like to "cherry pick" for your best hardwoods and leave your pines. It usually isn't nearly as exciting as you would imagine.
My family lived in a house that had a creek in the front yard that was about 30 yards away from the house. You would have thought it was far enough away to not be a flooding problem, but one time back in the 90's it rained so hard that the water rose so high, it got all the way back to our house and into the crawlspace. So what this guy is saying about flood zones is no joke. You really do not want to be near water.
Another issue that needs clarification is national forest land. I read that some homes in Angeles National Forest burned to the ground. Owners, if you can call them that were not allowed to rebuild.
Oh my goodness. Half way through I stopped and looked up wetlands. We were looking at land in one of the driest climates and what do ya know its one of the few lots in the whole county that has wetlands on it. Its not much of a wetland area, but its there. Now I know to look into it and maybe pass on it. This is a great video. Thanks!
If you are building on the land, putting up a home, you need to know if the land will perk. If you need to put in a septic tank this could cost you 10's of thousands more dollars. Usually an issue if around large ponds, rivers, a lake, etc. Also, water and mineral rights for large parcels of land would be nice to know. If there is a river near by, are there any future plans to put in a Dam. Your property could end up being under water. Good tips though and thanks Phil.
Excellent information Phil. One question regarding Utility - is it possible for solar farm setup instead of depending on utility company for electricity?
I have struggled with solar, and I am in Florida. The problem is that the systems are unreliable and require consistent repairs. The equipment is costly, especially the batteries. In theory, solar is amazing; in practice, it’s tough.
@@awesomepumashoes The island is made of limestone and soil thickness can vary. We need about 4 ft of topsoil to meet new EPA guidelines. For a mound system, topsoil needs to be ferried over at approximately $85/ton. Luckily, we've already found quite deep soil in a number of areas.
Have bought and sold land several times over the years and the biggest pitfall I found is finding an agent that knows the area and that will actually return phone calls more often than not I end up getting online and finding what I want to buy cuz the agents not doing their due diligence trying to buy a couple hundred acres in Kentucky right now I don't need financing I have the funds I can't get anybody to call me back. Sorry for the run-on sentence but I'm using talk to text.
The zoning part pisses me off where I can't park my RV full time on my own property. Who is it that can tell me that my RV is not as good as a house. All they want is the money and higher taxes on property improvements. That's another sad reality improve the land and taxes keep going higher.
what happens if you park it there anyway? do you get a fine or a warning? what if you move it out of the property before they come over to check? I believe the local governments give notice of when they will do an inspection. I'm in suburbian NJ, the seat of egregious property regulations and exorbitant taxes. Lots of people rent their basements or attics illegally and when they know the town is coming to inspect, they clear everything, hide the mattresses, and make it look like it's just a storage area lol. Usually ppl get away with it and the town doesn't inspect again for years.
In some places, you can only live in an RV for 6 months out of the year. A buddy of mine bought 2 adjacent parcels and put his RV on the property line. Every 6 months he just moves it across the property line onto the adjacent parcel, different land , therefore the 6 month clock starts over.
@@NadyaPena-01 The State can do whatever they feel is appropriate including taking the land back and selling it. I have been living on private land for over seven years in my RV because my disability goverment income is so low that this is all I can afford. Besides I like living in my RV in the mountains and woods (nice and quiet). The owner of the land has 9 RV's on three parcels and calls it a campground and the state told her she was in violation and not allowed to have her campground. She sued the state and spent years battling with the state and she told me she spent $500,000. in court costs. The outcome was she could have the RV campground if certain conditions were met. She already had septic, water, electricity, garbage service and shower/laundry building in place and what the other misc conditions were she never told me. I know that permits for each RV are very expensive and she refused to pay it. Maybe that was the misc conditions. Anyhow the state knows that if they pursue further action against her they will end up back in court and the battle would continue so they kinda leave her alone. Who knows what will happen in the future especially if the land is sold and there is a new owner.
Looking for land for rv, not an easy task. Looks easier to just get a mobile home, not looking into making big investment on a build...plus don't want to be stuck in one particular spot to live..I really like freedom
Finally a helpful video. Thank you for real actual points of interest that matter. I'm surprised there weren't any ads due to the value of this content.
I owned a duplex in Greenville North Carolina on the edge of a beautiful stream with farmland on the other side. Nice right NOT. Beautiful stream was a drainage ditch that eroded away up to my back door the city would not even allow me at my own expense to bring in land fill to fill it. Come to find out the neighbors got together and went to City Hall the engineers build the houses on the wrong side of the easement line. We were told sorry those engineers don't work here anymore nothing we can do. Never by next to a beautiful stream. Lesson learned. Excellent video thank you for the information!
Well, by experience, if you are buying land with bodies of water, you need to understand them, even at basic level, rivers can even create wholes under the land if they are artificial, something you should have known.
The three MOST IMPORTANT aspects of quality land are water, sewage or septic and electricity... if you buy a beautiful, beautiful piece of land and you can't get water you might as well pack it up and go home. Not every piece of land has water underneath it to pump up in a well without water the land is worthless. A perk test gets a septic approved... if the land doesn't perk and therefore you're not allowed to put a septic system in the land then the land is worthless.. There are sometimes reasons electricity cannot be brought to land and without electricity your land is worthless..Those three things are the most important things to know before you purchase land. Water, septic, electricity.
@@saltylandscaper7193 yeah you can "work at" .."make a job out of" ..have to "think about" these necessities like carrying around, getting rid of to dump your daily bodily waste, with a composting toilet ...OR.....you can flush a toilet and not give it a second thought except maybe every three years a pump out with a septic system...You can drive to the gas station fill up jugs haul the jugs to the generator and fill a generator...or ....with electricity .you can adjust your thermostat to any temperature you want and be as warm and toasty as you want to be without giving that second thought... with a cistern if you have a drought you have no water and if you have flood waters you can have contamination.... or.... you can have a good well turn on the tap filter it and drink drink drink drink don't even give it a second thought. I am absolutely right when I say if you want your land to be VALUABLE you will make sure it has well, electricity and a septic system capability BEFORE you buy because maybe YOU want to haul s*** to empty a compost toilet and maybe YOU want to haul gas to feed a generator and maybe YOU want to worry about whether or not your water is contaminated or not using a cistern....... but most people DON'T so your resale value is only limited to other people who want to go through all the same kind of excessive work you're willing to put up with..... most people aren't.... they want these main things ready, available, and taken care of ......not having to give it a second thought and no hauling....especially if your doing that hauling in winter... that could get old pretty fast so.... I am right... if you want your land to be valuable make sure that your land can accommodate these needs and then your resale value would be good to anybody not just some body that likes extra hard work.. (nobody really)
@@Linda-9037 all i am say8ng is it's not impossible. If someone wants a piece of land bad enough and is willing to do those other things or deal with the invonveinences there are options. Just because YOU wouldn't deal with it or it isn't YOUR ideal piece of land is a different story.
@@saltylandscaper7193 When young people are looking to buy land they generally looking at size, location and view...if no one warns them about what REALLY makes land valuable for resale they could lose their shirts out of naivete and be in for all the work of generators, composting toilets, and cisterns if they don't check into the availability of a well a septic system in electricity. If they want to go without all that stuff without making sure the land has been tested they can do that but it's better to have land where all of the "comforts" will be available to them if it's wanted...not because they HAVE TO now ...out of nievite ...haul crap because nobody informed them ahead of time that those things are important for daily living and resale. Those things are important for resale !!! stop trying to deny their important for resale and value of the property!!!!! I'm just trying to warn them ahead of time and give them a heads-up you're trying to act like roughing it ..is normal and acceptable and is going to be fine for resale and it isn't .....that's a lie..so now I have to explain the labor intensive requirements of a composting toilet, cistern and generator substituting for a septic system ,well, and electricity.....A well, septic system and electricity on raw land requires that expensive tests be done to that land to determine if there is....good water below for a well....the land perks for a septic system...and electricity is capable of being installed and at what expense. Those are the kinds of things anybody would want to buy and have in a home....Very few people are willing to pay out good money to wind up carting their shit, driving for gas to constantly fill a generator or hoping it rains...but not toooo much for a cistern....I am telling them things that are written in cement facts...about property VALUE.
Hi Ijust started thinking about buying land and had a few questions. Some may be irrelevant to this topic but where is good places to find and research property in your local area also where to look for zoning information about the land I am looking to buy?
I love your knowledge base. I am disabled vet. We are dopting 3 orphans siblings and desire to move to the N, or NW Florida. Looking on Zillow I have discovered what might be called fake listings or advertisements. Makes it hard to really find a property that interests me. I am pre-qualified 250K, but would like to get into 3BR 2 BA, with some acreage (5 -20) I have a perspective agent but seems like she might not be really committed to working. Anyway, . . . Thank you
Haven't bought in a while, but I'm back to hear the best! I want sell my rentals and use that money to buy some land ( and not have pay Cap Gaines tax) , and some of the land I can live off of, and some I can lease. Got any video's on stuff like this ?
Thank you for the video! Wondering if it is a good idea to buy a land and not to flip it to a house, just buy it and leave it there for a while? Just don't want to keep my money in the bank. What do you think Phil?
They call that "land banking" and it is done all the time, especially developers who plan to build years later or those who think a new highway or interchange is going to be built. Another approach is to buy farm land and then lease it to a farmer, at least then you are getting some rental income from the land.
I watched about 6 videos before this one because I am considering buying some rural property. This was by far the best; with the most helpful information.
HEY DID YOU BUY THE LAND???
Did you get your land
@@TacticalRuse why you asking me like I know 🤷 tf!
@@memyself4431when you live in America, some of your dreams get instantly destroyed 💀🤣
How do I apply the 14 day fix where can I download the form
Amazing Video Phil!
Wetlands is something I learned new from your video today. Thank you!
1. Terrain (better to see it before buying)
2. Cleared vs. Tree'd (land with trees)
3. Wetlands (characteristic vegetation) check Inventory Mapper
4. Flood Zone - FEMA flood zone map
5. County maintained road access
6. Utilities - Electricity Water and Sewer
7. Cell Phone Service (Internet connection)
8. Neighbors
9. Endangered species
10. Zoning (is it Residential, Commercial, Industrial, Agriculture land).
Mineral rights? Perc tests
@@memyself4431 exactly. It could be the most important and Phil should have included with utilities #6. I have first hand experience. I have subdivided many lots and assisted my father as he was a developer. The investment in rural areas with no sewer is critical. Investors that have no experience need good info because 99% of Realtors have virtually limited knowledge of land and lots. Do your due diligence. Get factual info from the local county office. Don't depend on verbal crap from anyone. Get the facts.
Soil scientist are a valuable resource and are an independent bunch much like surveyors however, they have critical info. Just because you have multiple acres doesn't mean you can build on 1 acre or 10 acres. Many hazards since the environmental office ( usually a gumment entity ) have strict guidelines for how many " bedrooms" house you can build.
Go get the variables in each county or state. The state usually dictates to the county the type of soil and other variables you have to comply with in order to build one or multiple homes. Get the facts, not here say .
@@mikepeek5655 I have this book from the library called property laws for dummies. It is a great book but I have yet to read it. I think that is a great start because it opens a wide variety of almost any topic on purchasing land. There are percolation tests, mineral rights, some soil cannot handle basements, the land could already be owned by someone and being sold to another person without this knowledge, Simone could be a squatter on the land or using a piece of the land and after a certain amount of time has lapsed it is their claim to that land. There are many factors and if I have land I want to do my due diligence because on important thing I want is PEaCE and being undisturbed when people may find a convenient opportunity to do so. I really want to be a land owned
What happened to the days when you could largely live the life you see fit on your own land as long as you didn't threaten public safety!? Wow, this was eye opening.
@Motorcitymadman No were not. Agenda 21 & ICLE changed America. There is no such thing as personal property rights. Add to the the final smothering layer of bureaucracy, the HOA and you basically live by government rules, not your own free will.
It remains the way you believe. Nothing has changed. The socialists in positions of government and key places in public were slowly conditioning the mind of Americans and now more quickly than ever to believe that things imagined are real. Start here; does the government have hands to grab and takeaway? Have you or anyone you know met the "USA government"? Why are people afraid of alphabets such as the IRS as though it can hurt a living man? It is men and women acting from the imagination of their minds committing these acts of crimes against other humans from behind the curtain like the wizard of oz. It is all in the mind; the conditioning of belief function of the mind. Now keep yourself out of the maze, that is the game.
@@RegineAteliers that's because not many stand up to these criminals
Democrats happened.
Lol dude, mostly laws are just weird
I literally went through every point of this video while I was in the process for buying a land lot. I'd add one other point; try not to rush the buying process! I went through two lots before I bought my land because of issues with zoning, terrain, wetlands, you name it! And once you find the area or county with laws and land your like, you still have to negotiate the price. Therefore, I recommend any buyer out there to give yourself more time to make the correct purchase for yourself.
Thank you so much for the advice!
Okay, great points!
What states and areas did you find had the most freedom on the land?
@@safffff1000 Look for counties that allow homesteading. In Colorado, these counties allow for camping and living on your land for an extended amount of time. BK
I let an agent influence me into not buying land. Sh was about 2 acres for less than what im looking at now. Which is smaller. I feel like i shouldve went by my instinct... But i let him convince me out of it instead. I shouldve known better when he did a little self promotion about how he could talk down prices on other sales. Honestly, i have no clue wtf im doing... This whole process looks like this to me: 🔁🔂🔀▶️⏩⏬🔽⏫🔼⏮️⏪◀️⏯️⏭️⏸️⏹️⏺️⏏️⬆️↗️↩️↔️↕️↖️⬅️↙️⬇️↘️➡️↪️⤴️⤵️🔃🔄🔙🔛🔝🔚. Like jesus let me process this sh. This is my first time trying to dive in, in the first place. On long nights of excited, high anxiousness, & ass backwardly talking to whoever during the day, w/ no sleep. :/ This is just how i do 😲💁🏻♀️.
Thanks for the wetlands mapper. You taught me that one and the property I'm looking at certainly has that issue. Thank you!
I tried to google. Do you know which link that you can guide me to
Phil, Tip 10.5 should be Restrictive Covenants.
Even if you are able to research and understand the zoning restrictions in place by the county or municipality, potential land buyers need to be aware that deeds can (and oftentimes do) have baked in restrictive covenants.
What is a restrictive covenant? To put it simply, it is anything that the developer who subdivided the land felt might damage the property value of the neighboring parcels. Even if it's not a formal subdivision, there can be restrictions in place from when a land owner of a large tract of land broke off and sold smaller portion of their land to an outside buyer.
The biggest targets of restrictive covenants will be mobile homes, tents, campers, and any sort of dwelling that doesn't fit the mold of what the prior land owner had in mind. However, they can be incredibly specific as well. I'm currently shopping a contract for a lot where the developer requires homes to have a minimum of 65% of their exterior building material as stone, brick or masonry. Even though the land would be perfectly suited for a log cabin, it would be impossible to build without risking a lawsuit. I'm sure that the restrictions only get more and more antagonizing as the subdivision gets pricier, nicer, and newer.
Interestingly, since the county and municipality aren't setting these rules, the local government will have no qualms with issuing permits (that you of course paid for), only to have your neighbors file an injunction on your build site should the structure not conform to the specifications laid out in the deed. I live and work in Tennessee where the courts are not favorably disposed towards restrictive covenants, but it could take a mountain of legal fees to clarify or establish your right to build.
Overall, restrictive covenants are a landmine that can be very easy to overlook or underestimate.
Love your work Phil, have watched many of your videos 2-3 times. Keep sending us signal!
Thank you for this video. My level of ignorance is immeasurable. I thought the only thing to worry about was a clean title, zoning, and variances. I have listened to the video twice and am now ready to take notes. Your video is the classroom I need as an educational guide. There is not another video on TH-cam that quickly, clearly, and concisely explains the basic precautions one needs to know before buying land. Thank you for sparing us the silly chatter as a video foreword. You have helped me think about how I need to think.
This is the best advise that I've received about land in my time doing Real Estate business!!!!
As an investor who owns a bunch of land I have to say this is one of the best videos I have ever watched on the topic. Excellent work.
Tips for negotiating land zoned for residential, has access to roadway and possibly in a flood zone?
What makes me angry is the cost of permits and the rise of taxes when improvements are done. What kind of incentive is that to build or make improvements when you know your taxes will go up.
How much can these permits costs? I have seen some very cheap property with taxes to be $19 a year.
@@ShowBizJunkie When you do improvements to your property you have to get permits or to start building a house you have to get a permit. My landlord is building a house and had to pay 14k for a permit. Property taxes can very depending on the improvements to the property. Ask anyone you know who owns property and ask them what the taxes are. The more the improvements the higher the taxes. Doesn't seem fair really.
@@wally1957 Thanks for the info. It is an eye opener.
@@wally1957 no freedom? Agenda 21 and the world is slaved.
I live in WI and I pay rent to a landlord in an apartment! Property taxes are not cheap here if you are a homeowner. I have noticed that people do not upgrade their homes here when searching on Zillow. It is to my own knowledge that this is the reason why! They can apt afford higher taxes for betterment’s and improvements to their homes! The area is wonderful and the people are decent and the crime is B+ bit the homes are not upgraded they are just maintained and look like 2020 on the outside and 1950 on the inside
Beware of the term “septic approved”, that could be years ago, and it has to be reapproved. In Some places septic tests are only done a few months of the year meaning your dream home just got 9 months added onto the construction time.
Also check easements and road planning. Road expansion can put you right next to the road instead of that beautiful front yard you in vision. A major electric ⚡️ line upgrade/expansion went through some side yards in our community killing the resale value. It happened about 2 years after they built. If they had checked the utility plans for the area they wouldn’t have bought the land and built custom homes as the expansion was planned and in process when they bought.
Also in Maryland, building within 1000 ft of water sets off environmental impact, upgraded septic (+10,000), and all kinds of restrictions. Even a dry creek can set off the restrictions. You can not cut a tree greater than 8”. So overly mature trees are now falling on homes and cars, cuz you can’t cut them down even for safety. My car was totaled and the neighbor down street lost his garage, 2 cars and 1/2 his house. The unintended consequences of a law can be devastating.
Maryland suck don't vote Democrat
In Oregon there is septic approved but it may need to be a sand septic system or specialized system in the $20k range.
Existing easements can be a gotcha also. I was looking for land in Kentucky a while back and finally found something with some semi-flat area to work with to build on. Problem was the electric company had an easement and you couldn't build within so many feet of the overhead lines that crossed the property. Managed to avoid that mess. Listening to this video, I feel like a did a good job avoiding the gotchas out there and there are a bunch.
I'm having a similar problem with AT&T, I can't get information from them because I don't have an address just a parcel pin.
Omg! I can’t even tell you how blessed I felt when I lost a bid on a house recently - this area in Texas had a frog protection - you can’t even dig a hole in your backyard without hoa permission! Insane
I didn’t think of the wetlands map.. I appreciate that!….. actually let me update my comment! This was one of the best information videos I’ve seen. I have watched a ton since I’ve bought land, and this one has some major key points no one thinks about or talks about! Pay attention people!
Thanks for making this video. I’m looking to buy land in Shelton Washington, and I just emailed the realtor all of your questions & now she’s trying to void a few of the questions & now telling me she can get the seller to knock 2k off the price. The original price is 7k. I’m not making a move until she answer my questions.
Jj hey thanks for all your info I’m
Gonna check it out once I’m done writing this. I did buy land it’s 10,970sf, and also has electricity the property. Only paid $5k for it. I will be buying more land soon & you’re right buying cheap isn’t always the best. A friend found that out the hard way.
If she's dodging answering, my guess is that 2K is a joke and the land is pretty much useless for anything but a hiking trail. Get your answers IN WRITING so you can get your money back when you find out the truth. Just know you'll still have to pay the legal fees.
@@Donmecca415 are you purchasing land up for sale due to unpaid taxes? If so, the auction is once per year?
Another thing to check: Earthquake fault lines. If there are any, the state will likely require a setback and this may make your land unbuildable. This is especially important in Southern California as there are MANY fault lines.
The part about the government owning the land pisses me off.
daniel diaz Government owns everything. We are not free
18:20 Recognize.
Me too
grow up. The government has always owned the land.
@@kendahkem5279 Unlike yourself I'm not satisfied with the way the gov has been treating its' citizens. You can lie down and accept that the gov will be having its way with you but I refuse.
i was about to buy a monalisa piece of land in a price of shoes. 1 hour before putting an offer i luckily saw this video and saved my money. the land was wetland with 80% land was in a water.
This was an eye opener for me 👍🏻 really good info. I live in AZ and land sellers always put a lot of real estate jargon in their ads. I always see “easements”, conservation, rolling topography and no water/well drill. County roads was something i had no idea about because septic systems in Tucson are the standard. Thank you for posting this, hugely informative!
You're so correct, there are no (very few) actual land owners, just tenants paying their tribute (taxes) to their (land) Lords, who will send his Sheriff's after you, if you do not or can not pay.
If not, they will auction it off and keep ALL of the proceeds, no matter what the compelling, heartbreaking reasons may be, a disabled war Veteran or widow and no matter that you've dutifully paid the rent, in full, for the past 50 years straight. They will sell the property and keep all of it, even if it vastly outstrips the amount of tribute owed.
We are a nation of peasants, living on the land at our Lord's leisure, very much like feudal Europe. Oh, they can change the terms, conditions and/or amounts owed at any time.
It is a form of slavery just as income taxes are: give the slave master his cut, or he will send him armed men after you, to shake you down for even more than originally owed thought "fines" (more taxes), fees (more taxes) and "costs" (even more taxes).
Matthew Ronson 👍🏻
They don't actually keep all the money (except for one state, I forget which one it is). They send you a notice, at your last known address, which is often the address they stole from you. If you have been ousted from a property, go back to that county and find out how to fill out the form to get your money back. They don't try to find you because they can keep the money and the interest while holding it, plus, if you don't try ask for the rest of your money (minus the taxes and expenses of the sale) within about three years, they can then escheat it, and yes it is what it sounds like, a legal term to allow them to cheat you.
Re-read your own comment. The answer is within it. Just step back and ask yourself, "why do i believe that?" Have you as a living being met the government? No and you never will. It is a mind trap, a wizard of oz trick to "MAKE BELIVE" make you believe; like children say, "let's make believe". None of what you believe is real about the things people made up. The man or woman that agree and pay for Real things owns it forever. Perpetually, passing it on from generation to generation.
@shushishane indentured servents? anyway. you dont own. if u do not meet new standards(laws) or do not pay prop.tax they will take it. LOL it did get very euro in the americas very fast. USA is a western UK full cirle will come before 2100. just sit back look up and enjoy your "ceilling fan" cuz (they) will take it.
If you are making payments each month and paying property taxes each year, you are the lessee and the gov. is the lessor. Even if you pay off the property, you still do not own it. The bank, the title co, and the county owns the land. You are just the peasant serf who is the caretaker for the feudal overlords.
We were looking for a land with river access. Last week found 5 ac property that by description and by looking at Google map was "backing" to a river. Excited we travel to the place and found out that there was a 50 m drop (cliff) to the river. Glad we took time to visit. We then found out that someone gave on offer with no subject and without visiting the place. A surprise is waiting for them.
My husband's family owned 62 acres they wanted to sell and a running hose from a nearby house classified the land as wetland! They had to have it thoroughly inspected by bureaucrats. THEN, they had to get an archaeologist to make sure it wasn't an ancient burial ground! THEN, they had to fight the hose people and their neighbors who had put fences up to make their yards bigger by using the family's land. It was a mess. It took three years to unravel everything and a lot of money and headaches to sell their own land.
What state?
@@se6586 Colorado
@@Galen-864 that was really interesting about having to hire the archaeologist! Thanks for sharing and thank you for the reply. Cheers👍
Looking for land and this is the best video. You listed things I never knew but now know to ask for. Thanks for the information.
Yes, owning your own property is just a dream, if you don’t believe me don’t pay your property taxes and you will find out real soon who really owns it !
What is wrong with you folks? Can amazon take your property? If it can't, then the government can't. which one of you ever spoke to the government? It doesn't exist people. The usa is a corporate entity and unless you consent to following its company policies, no person acting on the policies of the USA company can take your property.
That’s why you put it in a trust?
Don’t register the house
Well then, pay the taxes!
@@gpnulife do you pay your taxes? If not then how do you not? I’d like to be able to do the same if possible
Very informative , I’m sure this will save me tons of money in my next investment plan.
In 1975 Minnesota passed a bill that they own all mineral rights under your land. They put the vote notice in the Friday afternoon paper . Nobody saw it to vote no on the bill. So it was passed.
Well, common sense. Buy for 2 and sell for 4. = a Harvard education. The point is that I respect people who can summarize points quickly- and tell you what / what not to do quickly. It is up to the individual to dig in deeper if they want. Great video.
10. More on zoning, does it come with the geological rights. In other words, make sure you own what's under the surface of your land.
Where do you go to find that out?
@@robertcornelisse8664 usually the title company. If the title company doesn't have anything recorded go to your state or County. The other option is that you can get ahold of Bureau of Land Management and they could point you in the right direction. It varies from state-to-state.
@@herefishyfishy6907 Thank you, that's very helpful. I am looking to buy land this year.
@@robertcornelisse8664 Check your local county court house.... the record room or the clerks office where records are kept. Pulling the deed and reading the description should give you clues. If the minerals were sold/separated from the land, it will be recorded in the deed.
@@HarrisonCountyStudio Thank you!!
Great Video i was looking at a lakfefront property for $95,000 but it was on a Cliff going down now will keep looking with these awesome tips
Check how old the schools are. If they are due for replacement you can expect a large increase in your property taxes. Particularly if the land is waterfront.
..
Thank you so much for this video. I was going to buy two acres of land at a tax deed sale in Palm Bay Florida and came to realize that the land was all wetland property. You rock 👍👍
Tip #11: Property Tax Rate. How much will it cost every year?
That depends on the size of the land and location. I live in ON, Canada and I've seen taxes as cheap as $50/yr and as high as $10,000/yr.
"In America, you don't actually own the real estate" Very, very true for Canada too. Laws are almost the same as south of the border.
You do own what you pay for. In the grand scheme of it all, it is confession like your comment that those who know the game rely on as a gauge to keep the power to take from you forever.
Have you ever thought of investing in Mexico?
Phil thank you for the videos, I find them informative and entertaining. One more tip to consider is soil testing. I almost bought a lake lot, did a soil test just as part of due diligence as some lots by the water are just filled in, and found out that it was full of gasoline!. It so happens that that particular lot was part of a trailer park with a ramp for boats and must have had a gasoline refueling tank and it leaked. Everyone thought I was exaggerating by doing a soil test before buying... best $500 I ever spent
Shooting range, motocross track, landfill, and my personal favorite: pig farm. Definitely a deal breaker.
That's why we do it, to keep crybabies from buying to close to us!
Amen!
Shooting range and motocross are the type of neighbors im looking for lol
@@slicerxr2860 shit me too! let's go In on some land together then lol
@@Big_John_CNothing wrong with farm smells, confinement pigs are another thing. It’s not natural, it’s inhumane and not fair to your neighbors or the pigs. I live next door to confinement pigs, the smell is disgusting. We have had pigs and it never smells like a confinement farm.
Thank You for your generous and kind tips! It is not only works at your country, it is international, my country too.
Nice! Thank you. I'm almost always skeptical when someone says "you MUST watch this video", but by tip #4, I thought, "wow! This is good!"
I really like your video and it is very informative, thank you.
But just as an aside, about the wetlands -- I know the regulations are annoying, but I grew up and live around wetlands and they are a very valuable part of our ecosystem. They collect water runoff and serve as efficient filters for the groundwater system -- and everyone loves clean water. The trees keep the air fresh and they're home to many beautiful species of animals and birds -- and the creek sees salmon on their journey to spawn. I have fond memories of hunting for frogs in the reeds as a little girl.
When my city restored the wetlands habitat, storm drainage improved and there was significantly less flooding over the streets. Traffic improved and property values increased.
/2cents
You missed one of the BIGGEST Ones !! WATER 💦. Wells are expensive ✅
I'm in Florida. We're at about sea level and we have springs underneath us. You dig a few feet under ground and you hit water around here. That's probably why I forgot to bring it up...it's ultra cheap to get spring water anywhere in Florida.
He did mention utilities. Although he didn't mention water specifically, it is a utility. Right.
WELLS are very important! You cannot do anything with land unless you have water. And if you think you can take water from a nearby stream, there may be laws against that as well. It's pretty soggy where I live (not like FL) but you still have to have a well in order to live like a normal person and not be OFF GRID. You might also mention land lines for a phone. Usually any area with electric will have a land line available. I live in an area with bad cell reception (not necessarily a bad thing, considering the potential health impacts of 5G) but I can call anywhere from my land line.
@@freedom_mentor lol that what I was about to tell him Phil , I live in Tampa Bay area & also have 5.3 acres in Suwannee county.....we don't have to worry about finding water around here
its $55K- $150K and 8 months to 2 years to get a well here in Cali
Paused at min 7.24
You said that there will be alot of info, and you were correct. Thanks alot!
Thanks a lot for the info in the video, man !! By the way, I am not from America but I am from a small town in the North Eastern part of India called Shillong where the Land Systems are different from the rest of mainland India ; In our place , we not only OWN the LAND but we also OWN anything that is in the LAND such as minerals like limestone, uranium,etc !!!
By far, the best video on buying land. Thank you.
That is a good list. The problem with wetlands is that you don't know if you have them until a wetlands biologists checks your property out. Having an in depth understanding of what plants suggest a wetland can help quite a bit. In addition to wetlands, you should check to see if you have any environmentally critical areas on it i.e. Steep slope >40%, unstable slopes, etc
THANK YOU FOR TAKING TIME TO MAKE THIS VIDEO YOU ARE A GREAT PERSON AND THANK YOU FOR CARING FOR OTHERS BUYING LAND FOR THE FIRST TIME OR THEIR NEXT LANDS
And they are jacking up the prices. Just need about 26 acres for livestock and gardens. Thanks.
Yes... "The American Dream":
Ya' gotta be asleep to realize it!
Great video. In rural areas water wells are a big factor. Also soil peculation/type (for septic system). These two items should be on the list for land hunting outside of Florida.
You think you own the land, try not paying your taxes!
dude, you crushed this video Awesome content. much appreciated, thumbs up
Wow! Thank you Phil. I didn't even know, what I didn't even know. Cheers Oliver
Well sir, trees are a part of our life support system here on earth so they're kind of a big deal... Thanks for the GREAT info!
1 old oak tree getting cut down could benefit an entire community if it meant bringing jobs or housing. Its a tree. Yes we need them but to actually cause problem for cutting 1 or 2 or 10 is ridiculous. The same that claim to love trees are the same people wanting to eliminate carbon emmission which is not a polutant but food for plants and TREES!
@@themonkey5918 agree just look fer that money trail it proof that all it is is a cash rights grab
The Mon key ... I am currently looking for a small home on property. I just don’t understand why people when they buy land, the first thing they do is clear it! It seems to be a compulsion to strip it down to the dirt. If you are a farmer or rancher I get it, but not to just build a house. Leave some trees please.
@@themonkey5918 no jobs or housing will exist if we can't breathe!
@@ninabielawski1277 There are more trees in America now than there were when Europeans arrived.
One of the best videos on tips, thanks ☺️
At about 1 minute and I gave you a thumbs down and was ready to leave the video due to all of that self-promotion, but I'm glad I hung around because you blew me away with tons of useful information and just what an overall killer video. Thank you! Dropped you a thumbs up and subscribed
I would NEVER buy a pice of land without seeing it for real first.
Wow. I didn’t know half of what you explained and I’m out here looking for land for our homestead 🤦🏻♀️🤦🏻♀️🤦🏻♀️🤦🏻♀️
1- does it have deer. 2- Does it have turkey 3- Just kiddin......There is no 3
Gee purrs ha I laughed
Literally looking at 40 acres to put a cabin on because it has #1, #2 and #3 fish but %90 is considered wetlands
I was skeptical at first, but it was actually REALLY helkful. I subscribed
Even when you see the terrain, sometimes you need to walk it too. I had a place with a backyard that didn't look as steep as it actually was when you just looked at it from the back porch. It was a nightmare to mow.
Thank you for this video. I have not heard these research tips before to buy land. You have saved me. I am in the process of buying land in Orangeburg SC.
Thank God for your 10 tips video. I wrote tips down. I will use. Please research and do video on selling trees lands to logging companies.
I have been told you can contact Log companies and they can clear trees for you. You sell them the trees.
I wouldn't get too excited about that angle. You can call a few logging companies and you'll discover that they like to "cherry pick" for your best hardwoods and leave your pines. It usually isn't nearly as exciting as you would imagine.
I got educated by just watching your video, thanks.
My family lived in a house that had a creek in the front yard that was about 30 yards away from the house. You would have thought it was far enough away to not be a flooding problem, but one time back in the 90's it rained so hard that the water rose so high, it got all the way back to our house and into the crawlspace. So what this guy is saying about flood zones is no joke. You really do not want to be near water.
Thanks Phil! you have one of the best channels here on YT on real estate, I’ve been watching your content for years now.
now this is real talk..thanks a lot!
Oh my goodness this is mind blowing. Thank you I have learn soooooo much
Another issue that needs clarification is national forest land. I read that some homes in Angeles National Forest burned to the ground. Owners, if you can call them that were not allowed to rebuild.
When Phil uses his angry voice, so hilarious. "6k gopher movers, you don't never own land the govt does!" Good stuff!!
Excellent points I never even thought about! Thanks!
Oh my goodness. Half way through I stopped and looked up wetlands. We were looking at land in one of the driest climates and what do ya know its one of the few lots in the whole county that has wetlands on it. Its not much of a wetland area, but its there. Now I know to look into it and maybe pass on it. This is a great video. Thanks!
If you are building on the land, putting up a home, you need to know if the land will perk. If you need to put in a septic tank this could cost you 10's of thousands more dollars. Usually an issue if around large ponds, rivers, a lake, etc. Also, water and mineral rights for large parcels of land would be nice to know. If there is a river near by, are there any future plans to put in a Dam. Your property could end up being under water. Good tips though and thanks Phil.
Good advice, Great information. You should also make sure there is no leins on the property and well. Thanks
Thanks for the advice! We're considering buying land. I really believe this may help us.
This man gives the most helpful,truthful information...
Excellent information Phil. One question regarding Utility - is it possible for solar farm setup instead of depending on utility company for electricity?
I have struggled with solar, and I am in Florida. The problem is that the systems are unreliable and require consistent repairs. The equipment is costly, especially the batteries. In theory, solar is amazing; in practice, it’s tough.
Thanks, I love you man for your valuable information about buying Land.
Good tips. I could add a few more but this is all good stuff thanks.
Just bought 12 acres on an island. Pretty sketchy given the septic requirements. Wish me luck!
c0unterph0bia use compost toilet then you only have grey water to worry about
Why do you say it’s sketchy?
@@awesomepumashoes The island is made of limestone and soil thickness can vary. We need about 4 ft of topsoil to meet new EPA guidelines. For a mound system, topsoil needs to be ferried over at approximately $85/ton. Luckily, we've already found quite deep soil in a number of areas.
I'm a couple years late in finding this video but still very informative!
thanks
Have bought and sold land several times over the years and the biggest pitfall I found is finding an agent that knows the area and that will actually return phone calls more often than not I end up getting online and finding what I want to buy cuz the agents not doing their due diligence trying to buy a couple hundred acres in Kentucky right now I don't need financing I have the funds I can't get anybody to call me back.
Sorry for the run-on sentence but I'm using talk to text.
The zoning part pisses me off where I can't park my RV full time on my own property. Who is it that can tell me that my RV is not as good as a house. All they want is the money and higher taxes on property improvements. That's another sad reality improve the land and taxes keep going higher.
I can feel that with you. It really sucks. We can't own property after years of working hard in life. FUCK THE GOV.
what happens if you park it there anyway? do you get a fine or a warning? what if you move it out of the property before they come over to check? I believe the local governments give notice of when they will do an inspection. I'm in suburbian NJ, the seat of egregious property regulations and exorbitant taxes. Lots of people rent their basements or attics illegally and when they know the town is coming to inspect, they clear everything, hide the mattresses, and make it look like it's just a storage area lol. Usually ppl get away with it and the town doesn't inspect again for years.
In some places, you can only live in an RV for 6 months out of the year. A buddy of mine bought 2 adjacent parcels and put his RV on the property line. Every 6 months he just moves it across the property line onto the adjacent parcel, different land , therefore the 6 month clock starts over.
@@NadyaPena-01 The State can do whatever they feel is appropriate including taking the land back and selling it. I have been living on private land for over seven years in my RV because my disability goverment income is so low that this is all I can afford. Besides I like living in my RV in the mountains and woods (nice and quiet). The owner of the land has 9 RV's on three parcels and calls it a campground and the state told her she was in violation and not allowed to have her campground. She sued the state and spent years battling with the state and she told me she spent $500,000. in court costs. The outcome was she could have the RV campground if certain conditions were met. She already had septic, water, electricity, garbage service and shower/laundry building in place and what the other misc conditions were she never told me. I know that permits for each RV are very expensive and she refused to pay it. Maybe that was the misc conditions. Anyhow the state knows that if they pursue further action against her they will end up back in court and the battle would continue so they kinda leave her alone. Who knows what will happen in the future especially if the land is sold and there is a new owner.
Looking for land for rv, not an easy task. Looks easier to just get a mobile home, not looking into making big investment on a build...plus don't want to be stuck in one particular spot to live..I really like freedom
Finally a helpful video. Thank you for real actual points of interest that matter. I'm surprised there weren't any ads due to the value of this content.
I learned something new today about your tip #5. Thank you very much Phil.
Wow. Needed this. THANK YOU!
Thank you so much for those tips! Very useful!
I owned a duplex in Greenville North Carolina on the edge of a beautiful stream with farmland on the other side. Nice right NOT. Beautiful stream was a drainage ditch that eroded away up to my back door the city would not even allow me at my own expense to bring in land fill to fill it. Come to find out the neighbors got together and went to City Hall the engineers build the houses on the wrong side of the easement line. We were told sorry those engineers don't work here anymore nothing we can do. Never by next to a beautiful stream. Lesson learned. Excellent video thank you for the information!
Well, by experience, if you are buying land with bodies of water, you need to understand them, even at basic level, rivers can even create wholes under the land if they are artificial, something you should have known.
Thanks for the tips of buying land. It is very useful. Thanks
The three MOST IMPORTANT aspects of quality land are water, sewage or septic and electricity... if you buy a beautiful, beautiful piece of land and you can't get water you might as well pack it up and go home. Not every piece of land has water underneath it to pump up in a well without water the land is worthless. A perk test gets a septic approved... if the land doesn't perk and therefore you're not allowed to put a septic system in the land then the land is worthless.. There are sometimes reasons electricity cannot be brought to land and without electricity your land is worthless..Those three things are the most important things to know before you purchase land.
Water, septic, electricity.
Four words for you. Composting toilets, generators, cisterns.
@@saltylandscaper7193 yeah you can "work at" .."make a job out of" ..have to "think about" these necessities like carrying around, getting rid of to dump your daily bodily waste, with a composting toilet ...OR.....you can flush a toilet and not give it a second thought except maybe every three years a pump out with a septic system...You can drive to the gas station fill up jugs haul the jugs to the generator and fill a generator...or ....with electricity .you can adjust your thermostat to any temperature you want and be as warm and toasty as you want to be without giving that second thought... with a cistern if you have a drought you have no water and if you have flood waters you can have contamination.... or.... you can have a good well turn on the tap filter it and drink drink drink drink don't even give it a second thought. I am absolutely right when I say if you want your land to be VALUABLE you will make sure it has well, electricity and a septic system capability BEFORE you buy because maybe YOU want to haul s*** to empty a compost toilet and maybe YOU want to haul gas to feed a generator and maybe YOU want to worry about whether or not your water is contaminated or not using a cistern....... but most people DON'T so your resale value is only limited to other people who want to go through all the same kind of excessive work you're willing to put up with..... most people aren't.... they want these main things ready, available, and taken care of ......not having to give it a second thought and no hauling....especially if your doing that hauling in winter... that could get old pretty fast so.... I am right... if you want your land to be valuable make sure that your land can accommodate these needs and then your resale value would be good to anybody not just some body that likes extra hard work.. (nobody really)
@@Linda-9037 all i am say8ng is it's not impossible. If someone wants a piece of land bad enough and is willing to do those other things or deal with the invonveinences there are options. Just because YOU wouldn't deal with it or it isn't YOUR ideal piece of land is a different story.
@@saltylandscaper7193 When young people are looking to buy land they generally looking at size, location and view...if no one warns them about what REALLY makes land valuable for resale they could lose their shirts out of naivete and be in for all the work of generators, composting toilets, and cisterns if they don't check into the availability of a well a septic system in electricity. If they want to go without all that stuff without making sure the land has been tested they can do that but it's better to have land where all of the "comforts" will be available to them if it's wanted...not because they HAVE TO now ...out of nievite ...haul crap because nobody informed them ahead of time that those things are important for daily living and resale. Those things are important for resale !!! stop trying to deny their important for resale and value of the property!!!!! I'm just trying to warn them ahead of time and give them a heads-up you're trying to act like roughing it ..is normal and acceptable and is going to be fine for resale and it isn't .....that's a lie..so now I have to explain the labor intensive requirements of a composting toilet, cistern and generator substituting for a septic system ,well, and electricity.....A well, septic system and electricity on raw land requires that expensive tests be done to that land to determine if there is....good water below for a well....the land perks for a septic system...and electricity is capable of being installed and at what expense. Those are the kinds of things anybody would want to buy and have in a home....Very few people are willing to pay out good money to wind up carting their shit, driving for gas to constantly fill a generator or hoping it rains...but not toooo much for a cistern....I am telling them things that are written in cement facts...about property VALUE.
Hi Ijust started thinking about buying land and had a few questions. Some may be irrelevant to this topic but where is good places to find and research property in your local area also where to look for zoning information about the land I am looking to buy?
This is the video I need. We all need... thank you for sharing your knowledge and experience
Helpful information, thank you for sharing !
Great video very good information. I was not aware of half of your list
Phil
A warm welcome back. You were missed.
I love your knowledge base.
I am disabled vet. We are dopting 3 orphans siblings and desire to move to the N, or NW Florida. Looking on Zillow I have discovered what might be called fake listings or advertisements. Makes it hard to really find a property that interests me. I am pre-qualified 250K, but would like to get into 3BR 2 BA, with some acreage (5 -20)
I have a perspective agent but seems like she might not be really committed to working. Anyway, . . . Thank you
Best video ever! Great tips and information...loved the passion on #'s 9 and 10 lol very hilarious..I appreciate u sir.
I appreciate you boo.
Haven't bought in a while, but I'm back to hear the best! I want sell my rentals and use that money to buy some land ( and not have pay Cap Gaines tax) , and some of the land I can live off of, and some I can lease. Got any video's on stuff like this ?
I sure do! Watch this video: th-cam.com/video/sx-NWMyAt7I/w-d-xo.html as well as this video: th-cam.com/video/MrbEkxsCQYM/w-d-xo.html
@@freedom_mentor Thanks' Phil
Hi Phil..only one question where are people finding these vacant lands? Everybody is flipping land now.. how are they finding deals?
Man you are awesome !!! this video was sooo informative! Thank you!
Hey man, I love your passion! Keep up the good work!
Great video and informations.....thank you for sharing your knowledge 👍🏻👍🏻🙏
Thank you for the video! Wondering if it is a good idea to buy a land and not to flip it to a house, just buy it and leave it there for a while? Just don't want to keep my money in the bank. What do you think Phil?
They call that "land banking" and it is done all the time, especially developers who plan to build years later or those who think a new highway or interchange is going to be built. Another approach is to buy farm land and then lease it to a farmer, at least then you are getting some rental income from the land.
@@freedom_mentor Thank you for your prompt reply!
Sheeze... Think imma move to South America instead... Does the government own my land in Paraguay? Cause that’s on my list. 😀