While statistics aren’t available yet for 2020, anecdotally it was a record-breaking year. “2020 was as busy as any year I remember—and 2021 doesn’t show any signs of slowing down,” Bownds said. Currently, inventory is tight. Buyers are anxiously waiting to purchase a suitable property when it becomes available. In several instances, Bownds has sold multi-million-dollar ranches before he’s even had a chance to have photos taken. A limited inventory means that buyers don’t have ...
Mainstream media has portrayed 2020 as doom and gloom for Americans; however, the rural land market continues to tell a different story.
Understanding land-use specifics will set you up for success when it’s time to finally buy that vacant land you’ve had your eye on. Here's our guide to the most important land-use classifications.
From its inception, Whitetail Properties positioned itself as a company focused solely on the buying and selling of land. Their real estate agents are known as Land Specialists, and the success of the company speaks to the favorability of land as an investment vehicle. It also underlines the void that existed in the land real estate market. Land buyers and sellers needed easy access to Land Specialists with expert knowledge of land.
Cannabis reform is sweeping the nation. Thirty-three states and the District of Columbia currently have passed laws broadly legalizing marijuana in some form. This movement will continue, and the Federal Government will catch up or be forced to approve and adapt in time as reform states lead the way.
Investing in land is a simple process of purchasing property and creating value through revenue, appreciation, or tax benefits. Although it sounds that simple, many investors don’t understand the difficulty in selecting properties that make sense for their investment goals when they invest in farmland; for example, investing in farmland for retirement.
Understanding the basics of how to achieve your goals in a timber investment is paramount.
Whether you’re years away from retirement or it’s creeping up on you rather quickly, it’s never too late to add buying land to your retirement plans.
Investing in land real estate can be as intimidating as it is exciting, which is why it is so important to get all the information you need to make the right decision.
If you make money by selling, leasing or developing raw land, you can put these same strategies to work for your future with a self-directed retirement plan.
For those looking to invest in land real estate, there are a lot of great resources out there.