Mark J. Podolsky explains why legal access matters when buying land: a landlocked parcel needs an easement, which can take up to a year to obtain, especially from government. Verify ingress and egress before you buy.
Mark J. Podolsky (Mark the Land Geek).
March 28, 2012.
800-428-3760.
Hey, it's Mark the Land Geek. Thanks for taking time out of your extremely busy, stressful, hectic, crazy day to learn more about how to successfully acquire land online and avoiding those fatal mistakes. Now here's tip number six. Finally, the last question you want to ask is is there ingress and is there egress to that property? Ingress and egress is just fancy words for is there legal access to my property? A lot of times in rural areas it's going to be landlocked, which means you have to apply for an easement or permission to access your property through someone else's property. And that can be a real headache sometimes. Sometimes it's not, but oftentimes it is, especially when you're dealing with the government. It can take up to a year to get an easement. So always make sure that that property is not landlocked and that you can get ingress and egress. You can get from A to B unfettered and there's legal access to your property. Side note, you know, congratulations for looking into raw land as an investment. Oftentimes people say, hey, the stock market's great or buying homes is great. I disagree. I think the best asset is raw land. You've got no tenant headaches, no termites, no physical problems and physical maintenance you have to deal with. You don't have to deal with some guy on CNBC saying hey, the CEO has been embroiled in a scandal. So unlike the stock market, you have total and complete control when you buy raw land. Raw land can be tricky though, as we've seen. But if you're guided right, you can make an absolute fortune buying and selling raw land. So there you have it, tip number six, legal access, ingress and egress. Here's another tip for you if you want to learn how to create an incredible passive income that's a one time sale and that have monthly income coming for the next 30 years. Give me a call, 800-428-3760 and learn about the Land Geeks elite coaching program. I'd be happy to give you a free 15 minute consultation and talk to you about my step by step proven blueprint on how to create this incredible passive income as well as create an income stream by constantly buying and selling land online and offline. So let's wrap. Give me a call, 800-428-3760.
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