Many people think that because land and undeveloped lots are both properties, their market is the same as that of homes that are already built. But they couldn’t be more wrong because, in the world of real estate, these are two completely different things. Because of this misunderstanding, it’s hard for real estate agents to … Continued
There is no time like the present. While many sectors of the economy may be uncertain, the demand for real estate of all types has not diminished. Moreover, while you may have entered the property with an exit strategy planned out, life has a way of changing things, and savvy investors understand that plans may … Continued
When you inherit any type of real estate, including land, after losing a friend or family member, it can be overwhelming, especially when you add the complications of probate or shared inheritance among multiple beneficiaries. If you’ve inherited land and have no need for the property, you’re likely considering cashing in on the inheritance. Once … Continued
Diversifying your investments among several market sectors in your real estate portfolio fortifies your security in retirement. For example, investing in raw land, which historically increases in value over time, offers a long-term hedge against inflation. Additionally, land can lend itself to creative ways for investors to earn cash flow. And an essential part of … Continued
While a great deal of thought is involved in buying an investment property, the exit strategy is a crucial phase of ownership that investors must plan, as the wrong moves at this time can be costly. For example, avoiding taxes by utilizing the rules of a 1031 exchange allows you to reinvest the profits from … Continued
Selling FSBO land can save you money, but it also takes time. Marketing land isn’t easy without the help of a professional realtor, and this can tack on weeks, even months, to the selling process if this is your first time selling land by owner. Luckily, there’s a faster way to sell land in just 1 month without the help of a realtor.
According to some economists, now is the time to sell. Landowners in the position to sell now can still enjoy higher-than-average asking prices, although they might not fetch the prices they would have a few months ago. Homeowners who sell now can still finance their next purchase at lower rates than what might be offered six months or a year in the future.
Land buyers in Texas have discovered that vacant property investments add cash flow to monthly income while increasing wealth and passive earnings for retirement. Additionally, a diverse portfolio allows land buyers a degree of safety in fluctuating economic sectors.
Faced with the potential for large profits, eager sellers often choose realtors that promise a fast land sale for full market value. However, you should think twice before hurriedly signing with an agent in hopes of selling your land as quickly as possible for top dollar.
Over the last year and a half, it’s no secret that Texas has faced a housing crisis not seen in the recent past. Prices are at an all-time high—leaving many Texas residents lost in the lurch. Supply chain issues don’t just stop with the housing market, however. Some experts predict that the industry’s potentially largest … Continued
