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Results 1 to 7 of 7
  1. #1
    bigredball90 is offline Renter
    Join Date
    Apr 2009
    Posts
    2

    Default looking to buy land

    I am looking to buy about a 1 acre to rent out sections of it to people that need to place equipment such as trailers and boats. I am very new to this and have no idea to what kind of land that I would be looking to purchase, what kind of legal issues I would be dealing with besides contracts for the renters, and whether or not this is a good idea. I am a first time buyer in Florida and any help would be appreciated. Also is there a link to where I can read about tax lein sales, and forecloser sales, and other realestate terms.

  2. #2
    Greg is offline Moderator
    Join Date
    Sep 2007
    Location
    Outer Banks
    Posts
    1,282

    Default

    What you want to do will only be allowed in certain zoning districts. Talk to someone in your local zoning office to find what zoning districts this is allowed in and where those districts are located.

    Before you make the purchase double check to make sure then land is in the right district.

    You don't want to end up with a piece of land you can't use.

  3. #3
    scout is offline Condominium
    Join Date
    Feb 2009
    Location
    Serbia
    Posts
    168

    Default

    @bigredball90

    Are you interested in purchasing land on international market? If you are, send me a PM.

    Cheers
    Belgrade Investments - Find your real estate investment opportunities in Belgrade

  4. #4
    BOSS is offline Fixer Upper
    Join Date
    Mar 2009
    Location
    Eunice, LA
    Posts
    46

    Default

    Consider the land itself. Think about drainage such as does the land hold water when it rains or does it drain off properly. Also i am in agreement about the zoning issues. You may want to consider leveraging what else could you do with the land to generate income.

    Step by Step Guide on how to buy your first rental property! Free!
    TLS is a successful Investor and Business Developer that has over 20 rental units, two businesses, and a family.

  5. #5
    bigredball90 is offline Renter
    Join Date
    Apr 2009
    Posts
    2

    Default

    I would also be interested in buying duplexes and such but my because concern would be if something breaks and not being able to pay for it. Currently I am very young and have a steady but limited income. Ive seen alot of trailers for sale cheap that could be rented out but I would still have to rent the land. What would yall suggest in the ways of a rental property?

  6. #6
    florida real estate is offline Condominium
    Join Date
    Nov 2008
    Posts
    190

    Default

    If you are first time buyer then you must take a advise from real estate agent or a lawyer.They give perfect advise and your work be simple as you think hard.

  7. #7
    real0's Avatar
    real0 is offline Fixer Upper
    Join Date
    Sep 2009
    Posts
    91

    Default

    I think you should choose a land with better surroundings maybe near the market or school or populated because if you want to make a business like computer shop of course it is demand in populated places.

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