HERE'S WHY YOU SHOULD BUY A VACANT LAND 

You don’t need to mow it but yea sure prob tax but it’s cheaper then paying prob tax plus Mortgage plus utilities ect.

But it builds equity and overtime appreciates in value. Plus, you can build something how you want if there's no existing structures on the lot.

ahem, I think u don't hav to cut forest

Look up allodial title

Hello sir good day im currently living in the Philippines you wsnt to buy a lot in the Philippines??

Not exactly. In Florida you can be on you land at any time as long as you follow ordinances and lot of activities do not require permits.

You own land ?

@@NeuroDrags Yessir

@@jakestewart4712how do you make money off it

@@jakestewart4712how is it

Electric fence I’m 19 and I want to buy so much land

​@@NeuroDragsfences are expensive. Electricity ontop of that. Lol😂

​​@@NeuroDragscan still throw garbage over an electric fence ...and what would stop anyone from cutting the wires ...😂😂 Maybe driving in and dumping a dump truck full of old concrete on your property .. 😂 Don't dismiss it .. It happened to me 😢

All this is done before you buy it.

Minimal at best. We have several parcels of vacant land and they all cost less than 1k annually. If you can afford to buy vacant land and let it sit, you can afford minimal property tax.

You missed the whole point. He never said he was living on it. He's pushing buy and hold. So either he's making payments or has millions in the bank to buy with cash.

Around here, it's 2-3.5% The main benefit personally is that it isnt negatively affected by stuff like the 2008 crisis but still benefitting from stuff like covid

Not much ..😂

Can be very low in some places. Couple hundred.

@@mikuspalmis ohh nice

Possibly. Many cheap vacant lots can be bought for a few thousand dollars from motivated sellers and then re-sold at a significant markup. You can find a ton of these from your county's delinquent tax list: retipster.com/delinquent-tax-list

@@Retipster thank you very much!

Hello Cobb county ga please respond we will be interested in the property

​@atlwoo are you on here now?

You have no idea what problems can happen to you even with vacant land . You are assuming no one else is going to do anything to or on your land .. You'd be very surprised...I was 😢

@@Gunter_Custom thats why the law states you have the right to defend your own land. If you dont thats on you.

​@@Gunter_CustomWhat happened?

@@staffordmcanuff8675 hard to defend land you own that you are not sitting on 24/7 😔 and that's not anywhere near where you live..

I had a piece of land near a lake I planned on building a house on .. unfortunately I ran out of funding and it stays vacant .. The neighbors used it as a dumping ground for remodeling material, old mattresses, car parts, hot water heater, old kids toys, many many bear bottles. . Etc.. county sent me a notice that I had to clean the garbage on my heavily wooded lot that went back over 200 ft .. I showed them how close this all was to the neighbors fences back there. But they said it was my responsibility to clean it up or risk $ 500 a day in fines in the middle of summer at 90 deg each day because I could not prove it was my neighbors... Like video or photos of them dumping .. Was super obvious for a normal human .. like I'm going to lug crap up thru a forest 200 ft and dump it there .. 🙄 A van full of garbage tires etc .. and 15 big bags of bear bottles and other crap out and a waste of two super hot days .. 🤬

Yeah, financing for land is a very different thing than for houses. You'd want to either buy a property big enough for banks to finance them (think $150K or higher) or find an alternative source of financing, like a personal loan or HELOC, if you can get one. Otherwise, you can ask the seller if they'd consider seller financing, which is a much more common thing for vacant land, because of this exact issue.

For sure.

That's awesome! Sounds like you've set yourself up well! Thanks for sharing.

Right! you are much better of buying a s&p ETF with your money .. can get you money out anytime and best safest return over 5+ years ... No taxes to pay and no chance of the other 50 problems that may come up with land ..😂

That can be true. It depends a lot on the location and jurisdiction where it's located. The more dense the surrounding population, the more problems you'll have to deal with.

Of course, but the property taxes on vacant land are very, very inexpensive.

Taxes are very cheap, insurance is optional, and maintenance is non-existent for rural properties.

@@Retipster you don't own anything. Insurance is required if you borrow money. You still need it if you don't want to be sued. SMH 🙄

I can count on zero fingers the number of times that's happened to me.

​@@Retipster😂 it's unlikely to happen, but not impossible! We rented out my aging grandmother's $1 million dollar house to wait out it's crashed, post-2008 value till it came back up, so we could use it to pay for her care as her dementia got worse. These a-holes took the 2500 sq.ft., island view daylight basement, drilled ventilation holes to the outside, and grew enormous amounts of pot. When caught, they tried to "solve" the problem by offering to buy the place for $400k because it was "devalued" now.

We don't throw darts at a board; we bet on sure things.

That's ridiculous. There is no such thing as a "sure thing". @@Retipster

When sell it for a million dollar gain ten yrs later after all expenses... For doing nothing but writing checks. Property tax is a nine issue .... Key is most people can't afford to buy location. If you buy it for million and taxes is million for ten yrs but you sell for 12 million who cares what the tax is

​@@keithwisdom1663yeah you think so I've got some land I can sell you ...😂😂

Gee whiz, you can actually be on your own land that you bought? 🥴