Sounds like this guy is trying to get all of us not to buy the vacant land so that there is more left for him lol

I'm not looking for an investment, I'm looking for a sanctuary away from society 😂

After watching this, I’m buying more land. Live with it 👍🏾

Nothing wrong with vacant land "not producing cashflow" people like this guy are speaking for themselves.

true, no cash flow, but if you have land you can live there, rent free, and can grow food and raise livestock.

I was about to make a comment on how discouraging this guy was but I see everyone beat me to it lol

Actually one advantage to buying inexpensive vacant land is that other than the taxes one pays, there are no maintenance fees, utilities, structures & infrastructure to maintain. So when it comes time to build on it, a person can add these services gradually. However when a person owns a home, there are many additional expenses to worry about.

i bought land in 2007 for $13k paid $89 in taxes per year and i just sold it for $80k i was going to build my retirement home on it but they where giving me numbers that I couldn't resist. I'm 45 now so i still have time. looking to buy more now. please fellas don't listen to these internet knuckleheads. follow your heart. Luckily for me, there was no Internet. and KZfaq back when I was purchasing real estate.

This guy doesn’t want you to buy vacant land, cause he wants less competition. The bank financing you has to do with how much money you got. That’s it.

I own two properties with vacant lots next door they came up for bid tax purposes so I bought them that way I know whose next door to me all the time me

I’m buying 10 acres in cherryville, NC. Right now, it has a condemned trailer I’ll need to get removed. I have no incentive to buy property with a house. I’ll clear some of it and build a small house.

Except that vacant land is 5% the price of a built property.

I'm coo with vacant land, that way if anything goes wrong where I am currently staying, I can just take my RV and still have a place to stay, but that's just me.

Buy land hold price goes up , not for the impatient or quick money

One problem, the same land with and without property on it are entirely two different prices. Someone with a budget of say 25k will not be able to find land with property, but they will be able to get a couple acres of empty land.

Last month, $375k land when out for sale. It was sold in two days. Today, it is now for sale for $645k. I bought 3.06 acre land November last year and so with my neighbors, now those land almost double the price. I'm glad I bought land thinking I pay small land in full. Buy a brand new manufacture home in full. Now, I have decent home mortgage free.

Land is one of the few things they aren’t making more of. You might buy 100 acres now for 400k for example in 15 years it’ll be worth a great deal more

Going through this process, paid for land outright, corner lot, 1.8 acres, Just cleared the entire lot from over 30 years of brush. Top area is flat and perfect for building, going to suck to get permits and approvals. Once it’s done it’s going to be the best piece of land in the area, just higher than the ones around it, privacy of being elevated and a corner lot with oak trees and pine trees. All trimmed and taken care of. it’s going to be an awesome retirement home.

LOL. almost all properties started on a vacant land, it would take hundreds of years where a city were once a vacant land.

This is the type of guy that sees the cup half empty

Make it into a parking lot or a flea market

Vacant land can produce consistent cash flow every single month if you are resourceful. There are many trucking companies and other companies that need yards to park their trucks. Also Airbnb has a option to rent out parking spaces . You can store vehicles on land while you watch the value of the land go up or down and decide when you want to sell to cash in for some profit , or continue renting out parking spaces , let land pay itself off. Put concrete, see if you’re able to park a mobile home on land. Do all the necessary to set up a mobile home , solar panels if there is no electricity, build well, install tank for water. Little by little while land is paying itself off with the parking space business

Banks love entities who ask for loans using land as collateral. He knows he's lyin

I legit doubled the value of 2 side by side vacant lots that I bought in 2020. I usually agree with this guy, but not on this.

Small things like putting electric a well and septic on land brings its worth up by 10s of thousands. If you buy outside of HOAs you can build with little to no restrictions. Shipping container homes are the new fast way to build and flip. Side note they are way more structurally sound then these cardboard homes going up for 300 to 600k these days.

Hear me out, you can sell it as carbon offset to business.

Keep thinking like that investors, let the risk takers eat!

Sounds like the guy who calls me every month to try and low ball me into selling him my property🤐

Vacant land is a very safe long term investment. Extremely low taxes, 11% average appreciation YOY, no maintenance needed

But it’s okay for the Chinese companies to buy?🤔

Land will always be valuable and prices for land just keep going up. It may not be a passive immediate source of money, you almost definitely sell at profit in 20 years. Buy land now people!!

Instead of wasting hundreds of thousands of dollars on buying a house. Buy land and build your dream house.

this man is just trying to get the viewers to not buy land so he can have it all.... imma buy some farmland then sell it to bill gates for 1 billion but he might disagree and get me 86

Was still gonna comment about this guy not wanting you to buy land but many people beat me too it.

Don’t listen to this advice. I’ve seen land jump from $5k/acre to $100k/acre in 5 years. That’s a great investment.

I’ve been selling land for 6 years he’s right 🤷🏽but ima keep buying it! 😎

I have vacant land in the mountains of Colorado and wouldn’t sell it in a million years.

I have time and cash. I can wait. Patience. However, I i do appreciate much of your other advice.

What about when the land can be subdivided and it isn't vacant? The property has a home.

i bought vacant land and put a home on it, kept 99% of it as is, nature.

You can always build more houses, but land? Nah! Buy it all up boyz!!!

For hunting and to be away from people i do. Out in the woods though

I have been learning a lot from your videos. Thank you for teaching me new insights on your videos. Keep up the good work 👍

Unless it has good timber or oil.

Buying land will never be a bad idea. For any reason whatsoever. It is a natural resource and at some point even if you don’t benefit or reap from it. Your children will and your grandchildren. If you can buy land. Just buy it.

Land ABSOLUTELY produces “cash flow.” Well not technically in the moment, but it does go up every month in value, more than a savings account, so I would rather have my money there.

I have a rental property but I want to buy vacant land, build an off grid cabin and get the fuck away from society from time to time!

I have to disagree, "Bacon" land is always a tasty investment

Okay. it can be a good investment, if someone likes the property and aren't money hungry

Gets you collateral for your next deals. They arent making anymore land! See to this guy it doesn’t have enough value for his pocket but for a poor man this is a life changer.

Imagine the profits when you do all that.

Haha I love these comments 😂

I think he is right from a financial perspective, perhaps wrong from a human perspective. Most people want lots of land to get away from other humans, and to have the physical resources. A lot of people are done with modern society.

What does “Banks don’t like to finance vacant land” mean?

Jokes on you, you know how many chickens can produce eggs on that land?? Pasture raised eggs are like gold.

i would only buy land when my house is completely paid off ($8,000 left)... im 55 yrs old....that way the risk is reduced. i want to grow fruit one day

Tell that to the investors I make a living taking photos for.

As a building contractor vacant land represents profit

what if the cash flow from the land isn’t what it was purchased for?

People can always produce more houses. And I'm not trying to live on a tiny little plot.

Land is gold now a day vs buying and selling houses

Hes referring to BUSINESS. But if you gonna buy land to live on..Different story

I’ve multiple X’ed my land purchase. One of the best decisions

I'm using mine as a home base so it doesn't need to produce any cash and maybe manufacturing on the vacant land will produce the cash It is space

Politics and taxes ruined it

Simple things to invest in land : buy a piece of land then build a house then live in it!!!

Not a ‘good investment’ is subjective. If your goal is to make money sure but if you’re goal is live simply, grow gradually, and own a piece of land that you can make your own eventually then yes it is a good investment in YOURSELF. Buying a home comes with its own problems and money issues and if you want to change anything big in your home you need permits and money for that too. Nothing is free and getting rich easy is bullshit.

lol property costs too damn much which is why im looking for land

So why can't you use vacant land as a commercial lot?

But it is an asset you can borrow against to buy more land. The value will go up if you do your research.

The nation that considers cash-flow the definition of a good investment, is a nation with a death-date. Whatever benefits my sons most, is the best investment. I don't need monthly cash flow unless I actually NEED the money. Otherwise I want that land for my children to build their houses on.

All occupied land was once vacant and someone made money along the way idk what this guy is talking about but maybe he form an actual hypothesis

Once my next door vacant house gets demolished Im buying the land and extending my yard.

Everyone speaks for themselves. Am buying land

With 10 000$ cashdown I'll build that house

Also you pay property taxes on vacant land.

If I could buy the land and then NOT HAVE NEIGHBORS LIKE HIM I would be happy. He's just greedy.

Funniest video I’ve seen in awhile 😂 my dream is to be a landowner one day AKA vacant land

I was going to say something but everyone else beat me to it. Also remember land is not infinite like money can be printed

I would bet money he’s buying vacant land every chance he gets

Bad advice as bought vacant land in Marion County Florida owner financing little down. Was happy the day paid last payment. Grand old oak trees behind me and a horse ranch there and grand old oaks to the east.

I guess it depends on your intent. If you're worried about revenue and ROIs, then yeah, maybe not, But if you want your own little piece of property to build a cabin and grow a garden, and live in an off grid homestead, then, vacant is just as good as any

I think that viewing vacant land as a cashflow vessel is the wrong way to look at it. I view it as a non-dividend paying stock. You buy a quality acre and sit on it while it appreciates in value. If you want to sell after a year, 5 years, 10 years, its going to be worth substantially more than what you've paid for it.

i want to buy land to make a fenced in camp ground that me and my friends and family can use. who’s buying land for investment purposes? 😂

Theres vacant land on that 5head

if you buy it, build a house and sell it to a family you make a ton of money one time with no future hassles and you help everyone in the community including the person you sold it to.

Wrong! I bought 1/2 acre vacant water front lot for $250,000. Split it into two 1/4 acre lots, nothing else, and sold both of them for $250,000 EACH! Held the land for about 2 years total. Sold one immediately and the other after I decided not to build there. Land was financed for 120 months.

Also being vacant natural disater and weather can erode your land and nobody is gonna care that the river sallowed some of your land.

Pfhahaha ))) Sorry. Mate, the obly thing that I have been buying and selling for the last 7 years is land. Not construction, not a house built on that land... The land itself. It appreciates approximately the same amount during the same time period as a building (house per say), but you're not doing anything, no insurance, no licenses, no loans... The biggest downside is, and I agree with you on that, it doesn't have any cash flow at all. You're simply a passive investor.

What about if u wanna live on it and not pay any property tax because your poor as hell?

It goes up in value so don’t listen to him rent it out for people to camp on or something

that's if you're buying property just for passive income. if you're buying it to build a future home it's an awesome investment

Still worth it

Different strokes for different folks. Some people might have the time it sounds like bad investment, listening to me.

It’s crazy how many people only care about making money. Some of us want land to live an honest life on.

STOP THIS YOUNG BOY!!! THINK OUTSIDE YOUR BANKING FINANCIAL BANK. I make money to make more money.

This guy isn’t lying but also isn’t telling the pros to the situation just cons seems like what others have said this guy just wants less competition if you want vacant land buy I wouldn’t listen to people telling you not to

But can’t you just buy land and then sell it for some profit after some years? Asking genuinely.

I bought my first property when i was 16 years old in coachella ca my dad sign for me it was 5 acres vacant land at that time i was working for flying J travel plaza alt of over time big fat checks 1986 down payment $ 5000 payments $ 220 every month + property taxes i promese my self never buy i vacand land ever it was a nightmare permits where to expencive i bought a movil trailer house and the permit yust for the trailer was $ 7000 water line abouth $ 3000 i couldht doit i sold the property $ 35000 in 2010 i dont recoment to not body ever buy a vacant land because the banks dont lend you money is hard but is truth a house is easy to find money im buying houses in san diego ca for cash and a yust start moving in another states im from seattle washington i hope ill met you soon im plannig to buy in seattle too thank you for youre videos everthing that you said is 100 persent thuth

Definitely buy some vacant land guys