Coffee Talk With The Land Geek- Avoid These Pitfalls

Mark J. Podolsky walks through mistakes people make buying raw land: skipping due diligence on access, slopes, floodplains, and environmental issues. Check county records and the EPA Superfund list. If you can't visit, hire a local inspector via Craigslist and call planning and zoning for known problems.
Chapters
Hey, it's Mark Podolski, the land geek. Let's have another virtual cup of coffee together. So I'm sticking with my bulletproof coffee this morning. I'm telling you, I just feel great. If you're not doing it, you should try it. Google bulletproof coffee. See what I do. Alright, so this is important. Anxiety when buying property and doing some due diligence, avoiding some pitfalls, right? We don't want to buy property that's in a floodplain. We don't want to buy property property that has a wash going through it. We don't want to buy property that's steep like this or on the side of a mountain, right? And if you're going to a tax sale, unless you go physically to that property, you may not know these things. So when you first do your A deal, it's a lot of anxiety and it can all be avoided. So first thing you want to do is if you physically can't go see that property yourself, then crowdsource it, set up a Craigslist gig, have someone go out with your checklist. Can you access it? Is there anything going through the property? You know, if you can't find it, probably your buyer can't find it. That's a property to avoid. You also want to make sure that it's not in a floodplain. Call planning and zoning. They'll know if it's in a plug, if it floods, if it's in a a flood zone or not. Planning, Zoning will also be able to tell you any other critical issues going on in that area in that county, as far as path of growth and other areas that might be interesting to that property or areas that you might want to avoid. Also this is one that kind of keeps me up at night is you want to make sure there's no environmental issues. And typically environmental issues can be recorded in at the county. It will be in the chain of title. If they're not, you can go on a superfund website@epa.gov and check to make sure that area is not in a Superfund site. Because if you buy property that has an environmental issue on it, it's your responsibility. So that's a quick way to avoid that. Also call the county. Again, planning and zoning. They'll know if there's been any issues in that area as well. And, and again, nothing again can replace having either yourself or your representative go look at that property. So if you want more tips, tricks, techniques on how to make an incredible income buying, selling raw land, go to www.thelanegeek.com download for free the Passive Income Blueprint. Get the ebook how to Avoid the three Fatal Land Buying Mistakes I see Investors Making every Day. One of them isn't doing enough due diligence. And check out the podcast Work Smart, Earn More, Learn How. And this is Mark Podolski. Thanks for having a virtual cup of coffee with me. I'll see you next time.
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