I owned 50 acres in Michigan and had trespassers, poachers, snowmobilers. I went to the county sheriff and he took the time to explain to me that I had an old seasonal road through the north end of the property. Technically they were not trespassing. The sheriff directed me to the county road commission. They walked me through filing a petition of abandonment. They scheduled a public hearing. We had a public meeting, no one showed but me. Petition granted. The sheriff now told me to post it and he would enforce it. He did and the problems ended. I now have a 40 acre farm in southern Ohio, zero problems.
This info is great! I'm glad it worked out for you and it just shows that sometimes when we take initiative there can be real change. Again, i'm genuinely happy that worked out for you! Normally when i hear about situations like yours it ends with the person talking about how their local government left them high and dry.
My neighbor drove his truck, with a mini excavator across my land, the first time, he drove the excavator and broke a hydraulic line. I confronted him about his trespassing the first time, sorry and everything. I decided to look at security cameras is where I caught him the second time. Stay away from me.
I have a similar issue here in rural Kentucky. I purchased 64 acres from a man who was well known and had turned a portion of the property into a little town. After he passed and I purchased the land, all the local neighbors who didnt purchase the property harassed me, trespassed, slandered me in hopes of my moving. They even tore down a newly installed gate. The Sheriff's Dept did nothing but protect their old buddies. Even with a legal land survey there is still harassment. I hope to be selling it in the near future, possibly splitting it up as it is beautiful property.
So true! People greatly underestimate what you can do on 3 to 5 acres. We raised a horse, goats, chickens, geese, and ducks plus fruit trees and a massive garden on 7 acres and we didn’t even use all of it. Anything you don’t use goes wild super fast too so a small acreage is where it is at!
Thats awesome! Glad you guys are getting so much use out of what you have. You are very right about what you don't use going wild very fast. Its insane!
It all depends, my property came with a USDA grant for forestry development, 25 acres of trees the feds pay me annually to keep, part of the reforestation programs.
Same here. Chickens, donkey, two horses, bunch of cats on only 2.7 acres. Three different horse pastures. You can do a lot with 2-3 acres (Florida). 3-stall barn with tack room.
My thoughts, I have 25 acres in GA, 3.5-acre pond. 1. One day all the work will be done, and I can enjoy the place. Answer, "Work never Ends!" 2. Never buy land unless you have a water source. 3. Never buy land that shares a pond. NEVER FREAKING EVER!!!!!!!!!!!! Will thank me later. 4. You will buy commercial grade equipment; big box stuff does not last. 5. Buy a tractor with a bucket, best advice I can give you. Bush Hog and Rotor tiller will do most of the work. 6. Understand, nature is always growing toward sunlight, constant cleaning roadways around property. 7. You will go from Hero to Zero when you tell someone that they cannot Hunt or Fish on your property, do not get it started. 8. ENJOY WHAT YOU HAVE WORKED SO HARD FOR, I ENJOY EVERYDAY WHEN I MADE THE DECISION TO LEAVE THE ATL!!!!!!!!!!!!!!!!! GOD BLESS!!!!!!!!!
Pond, lake, creek, river. If buying raw land, make sure you can get a septic tank permit first before buying. There are some horror stories out there. Hope that helps.@@ItsMe-bm7fd
I'll be moving "North of the Big Chicken" soon, near Calhoun. Off Grid yet driving distance for work. Great advise you offer. I cant wait to get out of Metro Atlanta aka 'Crime-Lanta'.
No one would want to hunt on my private property with clear signs of ACTIVE TARGET PRACTICE IN PROGRESS, TRESPASS AT YOUR OWN RISK!!! YOU’VE BEEN WARNED! ☠️☠️☠️
@balfourwheatley6644 yup, I live in an HOA community and two of them continue to block my garage, one encroached and landscaped 5 feet of my property and didn't Like I removed her 5k landscape and the other doesn't like were I place my garbage cans on my property 🤷🏾
However, it's important to note that real estate investing also comes with risks, such as property market fluctuations, maintenance expenses, tenant turnover, and potential vacancies. Successful real estate investing requires careful research, due diligence, and an understanding of local market conditions. Investors should always assess their risk tolerance and financial goals before making any investment decisions.
I bought my 1st home at 21 for 87k sold for 197k, 2nd home 170k and sold for 320k, 3rd 300k and sold for 589k and buyers paid all closing costs expenses etc... It is possible and very lucrative as long as all steps and details are followed.
Beautiful journey, one that folks really need to watch. I’m 50, retired a while at 45. I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accounts, in cumulative of over $ 5M. I receive income from my rental properties too. Zero debt and all is going accordingly.
@@MarkFreeman-xi3rk You seem to be doing a bit good for yourself. Do you achieve this via a consultant? because I need a scheme to generate a high yield percentage ROI for me and advise on what that would be. In essence, good investments that'll help me achieve FIRE.
Oh yes I definitely use a licensed consultant Margaret Johnson Arndt She places a sizable portion of my capital in fixed securities that generate high income for me quarterly like treasury bills, corporate bonds, government securities, and debentures & REITs.
Thank you for this tip. it was easy to find your investment advisor. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Owning a lot of land can bring a lot of headaches. My uncle bought 50 acres of land and was constantly catching people on his land hunting or on snowmobiles. The people with the snowmobiles even cut his fence down so they could get to the local bar faster. He was constantly calling the police, but they did nothing. My uncle finally sold the property.
He should have brought boulders in to destroy the trespassers sleds. If asked, claim the rock is for land stabilization. Boulders under a bit of snow would stop those sleds quick. Of course, some states now defend the criminal every chance they get.... might catch a attempted murder charge in them hile they let actual murderers out with a slap on the wrist. (MI, NY, CA, OR, WA, and perhaps VA)
Trespassers usually don't come back when there is a shotgun in their face after going past trespassing signs placed every fifty feet... Know your legal rights but don't be a pushover.
1. Don't by 6 acres if only 2 are useable. Rebuttal: A. The unusable land has uses: Hillsides can be a source of wood and wild leeks. It can provide game. Swamps are especially full of game and useful plants. B. Sloped land on part of the property provides an ideal location for a root cellar. C. Sloped land is wonderful as a site for a gravity fed water system serving the land you're living and growing on. D. Negotiate the price down, telling seller "lets price those 4 acres at 50% per on account of them being mostly useless. E. Extra land is a buffer against neighbors -- you wouldn't want someone else's deer blind overlooking your castle. F. Few people want a perfectly flat 2 or 3 acres with an amazing build site and tilled fields ideal for growing if it's totally exposed and surrounded by neighboring fields and pasture land. Surroundings count for a lot, and when you find the surroundings that you like, take a careful look at how you'll be able to use the land -- overcoming this challenge is one of the main rewards of homesteading. My own case: We purchased 46 acres and spent considerable time, effort, and resources to make it our own. The fact that it wasn't easy is why we learned so much and value what we did. Mods: We put in a pond, built a large fence around the house for security and to let our dogs run. Built a stable, paddock, corral, and fenced two pastures so that we could keep horses, goats, and donkeys. Built a spring fed gravity water system for our livestock, dogs crops and gardens. Let a few things go that we didn't need (former owner maintained more lawn that we needed). Improved a few things (increasing gravel parking and a short driveway to our new facilities. Made the 3-sided shed a 4-sided shed to store feed and gear for our horses. The few things we got help with: we hired a bulldozer to dig our pond, but we created the outlet. The major work on the stable was done by Amish, we helped and put in solar powered lighting. Our place is now ideal for our needs and we're proud of what we've done. We live on a dirt road in Allegany county. It's peaceful and quiet. Despite a few of those people you mentioned who just don't like certain kinds of people, overall, people are polite and respect each other. Deep in the sticks, people respect each other's space.
Used to know a guy who was a builder. When he sensed hostility from nosy neighbors, he would tell them that he's building a halfway house or a youth detention center. He's had more than one client call him and tell him to stop telling people that.😂
@@jakewilson7112 Lol do you think they are gods? they can’t do anything. Remember, ghe police is scared of BLM and the military fled from Afghans in loincloths America is officially bitched. Do whatever you want
Sometimes the "unusable acres are fine if they serve as a buffer zone to isolate you from neighbors on your usable acres. Need to remember also that the more nice acres possibly the more maintenance and upkeep to keep it that way. Also taxes, unusable land will be a lot cheaper than all prime building acres so not only will the purchase price be lower but so will the property taxes! But also being a person that enjoys being in the mountains you realize that most plots are land are going to have non usable acres and I prefer basically all wooded property as that keeps the nosy neighbors if any more at bay. One of those out of sight out of mind mentalities. The big positive is to find a piece of property that has a year round flowing creek and/or natural springs on the property . May add a bit to the cost but having good water is worth the added cost.
Absolutely agree! That’s exactly what I have, except for the creek. I have a 320 sq ft cabin on 21 acres that is heavily wooded, and it gives me a lot of privacy and leave nature to nature. The peace of living simply in harmony with nature and sharing it with the animals is incomparable to anything. Many people want to buy land and leave city life behind, but get sucked into developing all sorts of things, starting a homestead with gardens, animals because videos on YT make it look so easy. In reality, they’ve essentially become farmers and ranchers, and they are tied to it. I live on a $700 monthly budget, with minimal needs, and this gives me the freedom to read, hike on my land, go traveling, sleep when I want, wake up when I want… I don’t understand why people want to leave stress behind only to create a different kind of stress somewhere else.
I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.
Thank you, I just searched for her online, and I'm genuinely impressed with her qualifications. I've already contacted her because I could use all the help I can get.
The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!
It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.
I get such worries too. I'm 50 and retiring early. Already worried of the future and where its headed, especially in terms of financies and how to get by. I'm also considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?
For you to grow your portfolio in today's market, you really need to be coachable and willing to get off your high horses. I for example, have managed to grow mine from $150k to 300% of my initial deposit within the past 8 months just by copying trades from a broker that has better skillset and technical know-how than me.
Finding financial advisors like Annette Marie Holt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I agree completely on keeping neighbors relationships neighborly. In my experience chit-chatty neighbor will soon start asking for favors and sticking too much of their noses into my bizwax.
We have 20 acres of land in upstate NY and keep about 3 acres around the house cut for our living area. The rest is our nature preserve and I love walking around on it. The only problem is our neighbors and their kids love it as well. So this brings up the issue of liability meaning our lawyer said to put up no trespassing signs making it clear people are on private property. If we allow someone to go on the land that comes with being liable if they get hurt. It's much better to not allow people on it because if they then get injured it's on them. There are 200 hundred foot cliffs so this is a very real concern.
People can sue you with or without signs or fences. Liability risk has more to do with preventables. If they trip on a stone that's been there a thousand years then that is less concern than falling into a hole you freshly dug.
@@EddieJazzFan We have the house and 3.8 acres as 1 property and the tax on that is $9742. On the beautiful 16.2 acre vacant lot that borders the house the tax is $689.42
anyone who doesnt want this should stay in the welfare cockroach hovels of their cities. My neighbors are a continual blessing to me. I would do nearly anything for them. We all despise handout trash progressives, even though 1/3 of my neighbors were hippies in the late 60s. None of us will welcome this modern trash to our neighborhood. The yuppie trash that tried to invade during the pandemic has been driven out quickly. There is no room for pathetic where we are. They tried calling police endlessly for bs reasons and even the state cops told them to get bent. I actually saw a state cop laugh when i told him the reason for the call as a sad pathetic little man was angry he got told to put his bish tits away before trying to intimidate another man.
I own few acre lot between Los Angeles and San Diego. Most neighbors want to be left alone in private and just wave hand if you happen to meet. But its better if you find a friendly neighbor. My car got stuck on a slippery snow road, my neighbor next block pull me out with his truck. Next time I gave him dewalt flashlight, battery, charger. And we became friends. That's an advantage you need to have. No man is an island.❤
Owing a land doesn't suck. I disagree with that mindset although I'm not big on buying lands. I put in 10k into various assets late last year and flipped into six figures within a few months and still going. I’ve always been an advocate of investing because it has been rather rewarding. I hope to attain financial freedom soon. One more thing, keep up the good work brother.
It’s not rocket science. As I said previously, I got into stocks, index funds, and REITs, myself but wasn't getting the results I wanted the first couple of months. Got tired of taking losses and decided to seek mentorship from Jonas Herman, a certified fiduciary who helps oversee my investments.
Comparing stocks to alcohol is bonkers don't you think? Well, over the years, I've been part of numerous investment programs, sifting through a barrage of information. Yet, none comes close to the sheer clarity, depth, and precision of Herman’s instructions and insights. It's akin to finding a diamond in the dirt.
@@Pambegay I don't even have that much but I don't mind starting from where I am. Can you please introduce me to Jonas? I'd like to know more a out his service.
Also, consider that you might be able to afford the property taxes at the time you buy the land, but the taxing authority can come by and reappraise the property after you've done improvements or after the land is rezoned. This happened to me and my neighbors in Louisiana after Hurricane Katrina when they raised my property taxes 1,000%. No, this is not a misprint. My wife lost her job due to the hurricane when the business she worked for was destroyed, so we were struggling at the time as it was before they raised our taxes by an insane amount causing us to lose our modest rural home on only 1/2 acre of land. They came by after our homes were repaired from the storm damage, after we had to take out a second mortgage to make our home livable again and presented my entire neighborhood with virtually unpayable bills, given our circumstances. They were either ignorant of our plight, didn't care, or I believe, maliciously intended to steal our homes. Remember you don't really own your home, but are just renting it from the state, if they can come by and not just double or triple your taxes, but increase them by a factor of 10, like they did us. This taught me to never own land again. I now live in a 24 yr old RV mostly on BLM and Forest Service land virtually for free and pay no real estate taxes whatsoever, having had the government practically steal the home that my dad built with his own hands. You live and learn.
Also, this isn't how property taxes work in every state so know the local laws. In California, your tax is based on your purchase price and can only go up 2% per year, max. It gets complicated if you build a bunch of new buildings. The value of preexisting land/structures stays the same but the value of the additions get added on top at current market value. Bottom line: things work differently everywhere. Ask the local realtor lots of questions and maybe an accountant.
Strange how much Americans are taxed, it seems to me that taxation here has gotten to a point of ridiculous expectations. After looking at everything in America I believe that the new American dream is to live outside America. A place that has no reoccurring yearly tax of property. There must be a better place out there.
When I looked at my home it was by a railroad track and they had it listed as commercial property. I dont know who did that. The first thing we did was to get it re-zoned to Residencial property. It did change alot .
Good info, it just varies state to state. I'm from from Louisiana and my grandparents still live on 60 acres. During the covid lumber shortage they sold 10 acres of trees and made a little over $150k. My wife's cousin sold his trucking company and bought 126 acres in la. There's a pond to fish and a section we hunt deer so "usable" is going to be relative. Goats and cows are great investments for upkeep as well. Country living is very different. I live on 8 acres now in texas and I pay less in taxes then i did on less than 1/4 acres in Dallas- fort worth which was thousands of dollars a year.
Hey Neighbor!!! This is all facts we're in the southwest fort worth area. And when I moved in my house in 2010 my taxes was $3200.00 a year. My taxes now in 2023 is $5300.00. And I owned my home. We're literally putting it on the market next month for land in Alvarado area more south. Because over here they're only building 7-11s and car washes and apartments. We literally have like 6 7-11s with in a half a mile of each other 😂😂😂😂
I love my land and here is what I paid for 40 acres in Navajo county $16,000, completely fenced $22,000, well drilled $12,600. That’s where we are as of September 2023.
A thumbs up and a comment for the mature, realistic, and absolutely correct issues of worrying about your neighbors, that you knocked on the door with a smile and explained the reality of being financially connected at the hip, and that you don’t want to bring down each other’s property, values, and so on and so forth. Impressive sir, we all need to be this kind neighbor!
thanks for the comment and supporting the channel. I feel like people who don't lead with humility and wanting to work together with their neighbors are destined to fail or at the very least make themselves work much harder than they need to. * Alex, would you be interested in being featured on my channel? I'm sure you have some knowledge my audience and I can learn from. I searched your channel for contact info and found none. If interested, you can find my email in the video description of this video.
Here's one for the more rural spots: road agreements. If the access to your parcel is not a public road, and someone else also accesses their property from the same " country lane", you will have tp enter into an agreement about maintenance of said lane - likely requiring an attorney's services 💵
Thanks so much for teaching us about this. Im about to go do some more research on this because i didnt know. I love comments like this so much! Feel free to keep dropping knowledge on more of my videos.
You are not wrong, but it depends on your neighbors really. My cabin is on such a road. All properties have a 10ft easement on their face to create the trail. For 20 years, we had no issues at all. The pandemic however brought a few POS suburbanites fleeing the cities. 2 of them tried to put gates on their section of easement, and were quickly destroyed in court by 30+ other property owners. As for maintenance, it has cost me about a grand personally over those 25 years. This was mostly due to making a dirt trail into a crushed limestone road.
@@jakewilson7112 I've seen that set-up in southeast California. Where I am, and it may just be based on the configuration of the subdivision 20 years ago, there is a need to do a road agreement for the one property beyond me. Just good to check into all of this before buying.
I love commercial land. The highest return with lowest risk is to do long term unsubordinated ground leases. Your network is absolutely your networth. For instance there was 6 acres of commercial ground that had been on the market for years without being sold because of lack of sanitary sewers. The land was purchased for $115k and in no time the landowner received an LOI from a developer for a ground lease for $9k/month plus annual bumps for 100 years. The project was a $30,000,000 apartment complex. A TIF district was established with the county that offset the increase in property taxes to pay for infrastructure improvements i.e. the property taxes went from $2,000 a year to $300k per year and that difference of $298k per year gets applied to paying for the sewer line plus other onsight infrastructure expenses. There needed to be a large enough project to offset the cost of infrastructure improvements. The county gets hundreds of new residents paying income taxes and millions of dollars of additional money floating through the local economy and once the sewer line is paid for the county recaptures the increase in property tax. Everyone wins. Forget glamp camps this is where the money in land is. On this deal the land owner gets more than 100% return on the land every year with no risk and no management. Also, the land owner could cashout refi the land for 7 figures with only a $115k investment. Do just one of these kinds of deals a year and your multi generationally set.
That's exactly what mu buddy did, bought 2.5 acres Commercial for 155k , then the city came and forced all 5 owner lots to build sewer/water and so on. Plus he bought another acre for 80k due to not wanting to do project. So now those 3.5 acres are worth 2.2 million.
@@joannabusinessaccount7293 Belss you for teaching them real-world money skills that early. Kids are so good at computers we really should be upping when we teach stuff like this. A solid chunk of them just might have jobs in "new media" or tech between 14-19yo. Long-term Investment is something most people don't get outside of major-specific courses in college
@xXIronPeachesXx you can wholesale land deals, too. Did you know you can purchase land using the increase in property taxes once a development is built? It's called a T.I.F. Tax Increment Financing. I'm working on an adevelopmebt deal now that's 4 acres. It's a run-down hotel. I want raze the building and build an apartment complex. The guy who owns the hotel owns many hotels, and he wants to sell. I want to buy it, but the only way the property is worth what he is asking is if I can complete my project. So I'm locking the property up in an LOI (letter of intent) as I go through the process with the county to build. Locking the property in an LOI doesn't cost anything. Once all county approvals are finished, I will be able to use a TIF bond to actually purchase the property. Still at no cost to me. There is money in land even if at first it doesn't seem like it.
Great advice! My wife wanted lots of acreage. Having lived in the country I have an inkling of what upkeep is required. I asked her if she was going to maintain it, because I sure as hell wasn't planning to spend all my time off work, well, working. She demurred.
Sir, good for you and your exercising knowledge and thus making a wise decision. The benefit of buying land or acreage versus a small lot is you can usually subdivide your property if you need a little money. Example, my cousin bought 40 acres of heavily wooded land on the Clinch River in East Tennessee. He paid $40,000 for it 20 years ago. He sold timber off the highest ridge on the land. The timber brought him $40,000, and you could not tell any trees were missing. About 10 years ago, he decided to have his property surveyed and subdivided. He found out he actually had 76 acres. He decided to sell 10 five acre lots on the south side of his property where he sold the timber. He sold all 10 lots to a developer for $150,000, and he still had 26 acres left with the river front property. Today, his remaining 26 acres has a value of about $250,000, but he is not selling. He is giving it to his grandson.
I have 26 acres loll and ive already started to find hunting stands and nosey people stopping watching me. But thats all over now cause im here and i got the vision this 26 about to be a fortress !
Factors to consider about owning and living on rural land: 1) annual land taxes, 2) tax adjustments for "improvements" (buildings, well, driveway, septic system...), 3) local ordinances/restrictions on land use (know before you buy), 4) quality of public road/road maintenance to access the land during winter and spring thaw, 5) type of/location of nearest firefighting station and impact of this on insurance rates, 6) location of/quality of nearest public schools and impact of this on property values, 7) cost of buying or hiring machinery to plow private driveways, mow pastures, trim brush away from fence lines and private roads, 8) cost of getting skilled trades people to come to the property to do repairs and installations and 9) your level of skills and physical fitness to do much of the property maintenance work yourself. Living in the more isolated rural areas means you plan well for the occasional shopping trip to the nearest town, maintain a deep pantry and a well-stocked freezer because of infrequent shopping trips, do most of your meal cooking because there is no pizza delivery or nearby drive-thru, you cope with frequent power outages because fallen trees take down power lines in rural areas when there are storms, you may have to cope with spotty cell phone coverage (you may have to drive to a high spot to make a connection), you may have to drive into the nearest town to pick up your mail and you will pay more for groceries and vehicle fuel because you live at the end of the supply line. If your rural land is near farm fields, dairy farms, etc. expect dust from plowing and hay harvesting, machinery noise during planting and harvest season, livestock noise and odors and occasional over-spray of pesticide and herbicide chemicals -- don't complain if these businesses were there first (know before you buy). Do your best to be polite to and get along with your neighbors because they all know each other, you are the outsider, and they can make your adjustment to the rural lifestyle either very difficult or easy depending upon whether you have offended one of them or one of their relatives. Forget about having anonymity or much privacy in a thinly populated rural area -- your neighbors will be curious about you, and they will share information about you with each other. If you have a temper control problem or "un-neighborly" outlook, think twice before relocating to a rural area. Be aware that rural communities tend to be politically conservative and many residents are weekly church-goers. Make sure you can fit in with people who may have a very different outlook from you on politics and religion -- keep your opinions on these topics to yourself because rural people have long-memories about offensive behavior and can hold grudges.
Good points. I wish I could live in a rural area. However, I can't take these risks being black, and it's why I'm comfortable living near the city around people who look like me. Safety in numbers, no judgemental people, etc.
Note to "self" Hilarious!!! _ I just purchased 5 acres in a small Alabama town - they relish in telling you what you (can't) do on YOUR LAND - smh - thank you for sharing
lol, thanks! I have to keep reminding myself to take it easy because I think I still have my 21 year old body when I MOST DEFINITELY DON'T!!! Good luck on your project with your land! 5 acres is a perfect amount. It will take time to work with the city, learn what is allowed, and get everything up and running but it is def worth it!
Colorado is like that too. You have to file a request to have chickens or horses and only 10 chickens are allowed I think. RV? Has to be hooked up to a septic tank or they will run you off your own land and or fine you. Most of those rules are because other people abused the land and ruined it for everyone else.
More land is always better, if you have enough land you won't even know you have neighbors. We have 40 acres in rural Oklahoma, no city/town, no police, no code enforcement but, unfortunately no fire department either. We rely on the Forestry Dept for fires but, they are stretched thin. It is expensive to put in infrastructure, we spent $60k on water, septic, electric and dirt work before we ever started building our home. Taxes are so much cheaper where we live. We applied for an agriculture exemption because we grow hay and raise animals and our taxes this year were $17. It is challenging starting from scratch with raw land but, you would have to tie me up and force me at gun point to get me back to the city. No regrets!!
@@lisaogembo473 in Oklahoma it depends, I’ve seen 2-3 acres go from $2k to $15k per acre depending on where it’s at. Usually the more you buy the cheaper it is per acre. We bought 40 acres at $2800 per acre, which is cheap but you have to buy 40 acres.
Also check zoning. Some require frame built homes and others have no restriction so you can put a mobile home or even a container home or just an RV, which is needed if you are going to live there and build a home a little at a time.
Yes, that's important. I'm glad to know not bad restrictions when I bought land in Southern California. Manufactured home allowed as long as it is brand new minimum 1800 sqft and 500 sq ft garage required. Be careful on California laws of mitigation land that you cannot build anything. Something like..county will allow you to build a bigger home on your acreage but you will disturb butterflies there. To get approval, buy a mitigation land somewhere and don't use it. It will be reserved as a second home for the butterflies you disturbed.
Thank you! There are so many people in the comments telling me that I’m stupid for making this video. I am just trying to serve people a little reality. I love the fact that i own land but it is just a good amount of work.
Solid video. I will say that your situation is very different than mine. I purchased 35 acres and the only thing I have in common with your situation seems to be the taxes. After 5 years of owning the property, I have paid very little into taxes and upkeep but the value has jumped 600%. I think it varies drastically where you buy land. We have open grazing so the cows keep my vegetation down.
Exactly. This guy is too green and sour. Its hard to listen to him for long periods of time. Too negative. Land is an inheritance from God, and those who own it, figure out how valuable it is sooner or later!
Taxes depend on whether you have progressive leadership or conservative leadership in the county you own land. Never buy land where progressives control taxation. Your taxes will be insane. My house in a progressive city costs 6x more than my cabin in a rural setting. Rural areas dont need to raise taxes to pay for those who will never pay taxes.
I agree that the best neighbors are the ones who leave you alone. HOWEVER I have had some pretty good neighbors and they can be extremely valuable in watching your place when you are away, even feeding your cat depending on how well you know them etc etc. I always make sure my neighbors know that they can ask me for help If they need it and I give them my number. I have never had a "bad". Neighbor actually.
Charles, Can I be your neighbor? Mine are horrible 😫 they don't like single woman with no kids around here. They NEVER help me with anything, and I would help others, I'm midwest nice living in the south. I'm moving, I need community n kindness. Love my place, but its time to fly, n too hard at 58 alone.
Amen. I have had a few fools that needed a reality check by the court, but most my neighbors are awesome people. Mostly retirees from GM plants. I do anything i can to help them out, and they are always there to look out for my cabin when im stuck in the nasty city working. It's the suburban yuppies that have caused the only issues. They tend to sell quick when 20 neighbors all file suits on them, and the township board is fully on our side. These issues only started happening during the pandemic. Yuppies and inheritance babies thinking they can gate off easements. Just this week, I forgot a few pounds of ground beef in my fridge. Called a neighbor who has a key to my place and he gladly went over to grab it for me.
Some good points in this, thanks. I recently bought my first piece of property that's 43.25 acres small. It is all raw, wild and wonderful! There are some 'unusable' areas [marshy lowland] but I found that to be a pro not a con. Effectively there is 1 way onto the land and 1 way off it. Makes for a very secluded area. Additionally my closest 'neighbor' is 3 miles bird distance and 5 miles driving on very rough trails and roads [4x4 only!] so I have seclusion AND privacy which was a condition of my purchase. As mentioned in this vid, clearing and building is much more labor intensive than I expected. I've come across several costs that I did not foresee nor plan for and I'm using muscles I forgot I had! I think that's natural for any new endeavor. As for your addressing people who 'for some reason' don't want you there, I think you talked through that with more grace, style and class than your neighbors deserve! Stay safe!
Considering maintaining the land and all of the equipment you will also need to maintain in order to take care of things is definitely spot-on. I own 3 acres for the first time and it is an everyday event taken care of the place
Wow!!!! This was a nugget. I just want 3 acres and didn't think about none of the information you shared with the exception of maintenance. Thank you so much. Blessings and Love ❤️🙏🏾💯
Glad it was helpful! Idk why but I never see people keep it real on youtube and talk about the ugly/nitty gritty parts of things like this. So I wanted to make sure people knew about some of these things. You def should still look into and buy land but now you are more informed and will be ready for these small things!
@@KeepItTiny Thank you soooooooo much. Seriously. I'm in SC, I love the weather. I'm just at a point in my life of wanting to keep in simple. I don't have a clue about buying land but I know I want my piece and hope to pass down to my children. You are a true blessing and thanks again for keeping 💯. For real!!! Blessings and Love to you ❤️🙏🏾❤️
That first 6 acres but four are a steep hillside…it all depends on your creativity. In either Organic Gardening or Mother Earth News years ago they tell of a guy that bought a rocky hillside and they said he was nuts. He raised Rocky Mountain sheep and made a fortune.
You got a "Thumbs Up" from me for mentioning to watch out for the neighbors. OMG, that is 100% true, especially the nosy elderly ones. They think that they own the neighborhood.
A property becomes an asset once it starts paying you. I'm in year 7 and almost ready to build a rental... Maybe next year. Stuff takes time and money. On my second riding mower, almost completely fenced... Temporary can be a LOT longer than one plans for.
I love you. you're a generous human. thank you taking the time to put this video together. you're helping me work through whether or not i'm up for the role of glamping host. be well always 💗
We bought 30 acres of forest. It’s zoned agricultural. Taxes are $36 a year. We also get $6k back every year because it’s zoned agricultural. We will eventually clear about 1 acre to build a home. This 1 acre will be parceled off so we only have to pay true property tax on the portion. We plan to garden on our cleared portion. The rest will be left natural minus the hiking trails we’ve already cleared. Excited to live peacefully in the woods. We’ve met our 4 neighbors and they’re all great so far. You leave me be, I’ll leave you be mentality. Only time we hear from them is if someone suspicious is on our property, as we will do the same for them. God Bless America and South Carolina. 😊
I got 10 acres couple year ago. It's a lot of work. Also, the neighbors in rural America are very resistant to change. They would use my property as a short cut to access theirs. They were really upset about losing access to a gate they built halfway on my property and the road. I have a hard time getting local contractors to come out. Doesn't matter if you have money or the energy to do things if you can't get people to come out.
Thats probably why i see so many tracks and trials through my land… we found a damn hunting stand out there couple days ago. And i BET the neighbors hinted them because the next day we came to collect it was gone. But i have 26 tho ill need like 2-3 cameras an acre to keep up which is impossible? 🤣🤣🤣
The point about quality of acreage over quantity of acreage was very insightful! So true. Why pay for 10 acres, when 2 acres might do the job. I had over 3 acres once…but only about 0.3 acres (or less) of it was even remotely usable unless I wanted to sink hundreds of thousands of dollars into a retaining wall!!!! Trust me….that kind of stuff is WAY more important than you think it’s going to be!
Well said. The expense of clearing land can be overwhelming. Upkeep & tax & raw land costs & building headaches, thumbs up. Nice at the 3 acre size. You've earned my subscription.
Nope. Most who are looking for land if they find a 6 acre land and 3 are mountain,it makes for a great view. This is what owing land is. It is not all for building on the whole land.
My Bro has his main house on 5 acres. This means that it he is helping the local economy by keeping a service busy maintaining the lawns , plantings , driveway and structures.
Glad it was helpful and glad you like my content! I try my hardest to keep video quality up all while giving real info that is actually helpful that people can use to succeed.
Land can be shaped for essentially any need. Whether it is for commercial, residential, or agricultural, just buy the land. I purchased supposed "unusable" land a few years back. Now I'm getting offers for over 4X the original price. I don't plan to sell but to retire on it. But everything has a price.
When we got land our neighbors on 1 side kept calling police for their dog getting on to our land and chasing our livestock even told me on 1 occasion that they were here first so i should allow it. They moved thank God!
Your neighbors called police because they couldnt contain their animals? Even here in MI, ruled by progressive crazies.... you could have shot that dog legally. If an animal threatens livestock, it can be terminated. Protected species or a pet doesnt matter. Just dont shoot a pomeranian claiming it could hurt your cows and your good..
Thanks for watching! I love your channel; you are consistent, entertaining, and knowledgeable in your field. I can learn a thing or two from you about UA-cam.
I purchased, for $100.00, an older riding lawn mower to get around my land. I purchased a used Kubota medium size tractor, for $3500.00, with a mower. I do the mowing of 2.5 by myself. After a while, I took time to hire civil engineering firm to develop. The man is spot on about managing everything going on. I am interviewing general contractors. No matter who is the general contractor, I know I must meet the general contractor no less than once a week. Add to the trip. Takes me 1.25 hour each way. The drive gets old, quickly. Also, his tip on waving neighbors has been my strategy for life. One conversation AFTER you close, then wave or blow the horn as you pass by, now and then.
Your comments are well taken, but people that have the mind set on having acreage and a small budget must think differently. 1.) You have to be creative. 2.) Manage your budget, 3.) Everything you purchase does not have to be up to date or new. 4.) Most importantly, learn how to border with other land owner particularly, farmers. They have a lot things they no longer need and would be happy get rid off. (Fence post, fence wire, small tractor, metal & tin to build a small storage building, small trucks, the list is endless). "Good luck"
All of the land doesn't need to be buildable. Land around your structure creates space (peace) between you and your surroundings (neighbors). If you own the forest, you know it won't be cut down unless YOU want it to be.
Thanks! I’m glad you think the video is powerful. I try to give straight up real info from my experiences. Thanks for watching and leaving a comment, it really helps support the channel.
who in the world would buy acreage of land then pay someone to mow it? How about instead of getting an ATV, buy a zero turn mower and mow it yourself? Or if you plan on cultivating the land for vegetation how about buying a tractor? With a tractor you can till the soil, mow grass or make hay, maintain driveway, and snow removal. And in the description, you refer to new problems of land ownership, actually i would call them responsibilities not problems.
This is all SO TRUE!!! I wish I would have watched this before I took the plunge. I talked my wife into living on a ranch, and spent 60% of our savings on land, and underestimated the cost of the required infrastructure which cost about another 25% of our savings, and now 15% of what is left over is not enough to build a home on it. This is "year 4" of this project, and we love it, but also wish we could be living on it now, but need a few more years to save money to build a home. One day we will be living there and loving it, but right now it is a real struggle. So yes, know it is going to cost more and be ready for that!! Thanks Keep it Tiny for being so accurate with your vid!
1st point, depends what you want. A steep slope could be a start on a personal shooting range. You won’t have to haul dirt in, just have to form it. I’m sure there are other uses, just the first one that comes to my mind.
When I was living in a townhouse in south Florida with no kids I was paying taxes for to support the school system. That's not a great reason. Not everyone wants a couple of acres of land to build. Land, good land, in a good area is an asset. Nothing wrong with owning 20, 30 50 100 acres that you can pass down generation to generation. Maybe your kids could sell some one day and make a good living from that
Glad it was helpful! My goal was to give a bit of reality and just show the other side. Owning land is awesome, but there are some downsides and its better to know them before going into it.
I have 10 archers . You don’t have to develop all your land . Take 3 archers develop it . Leave the other part off for hunting or fishing . Or hell if you like nature . Taxes are rough sometimes , but if you own animals like cows , pig , ect . You get a major tax break . If you’re older you get a major tax break . To loss your land to tax you have to be way behind a lot . It’s not that scary lol . Property insurance is a big deal too , but it’s like every six months . Maybe it’s where you live dude everything so high . Cause it ain’t that serious . I’ve owned my stuff for 4 years now . I’m not stressed by taxes .as for neighbors if you own big enough property you won’t notice them at all lol . That’s more a subdivision area .
@@blasblur1 agreed . It doesn’t really apply to a living in the country areas . In the big city areas you pay high tax . You are forced to do all that with your land .
@@romanhut2917 exactly, I only maintain 2 acres out of the 10 I have the rest is wooded and used as a buffer from the neighbors and thankfully I have my property designated as ag so my property tax only $30 a year
Yeah I bought five acres, and it was raw without anything, completely off grid. I’m in year seven and it’s been so hard, but also it’s coming together and very rewarding. I started one zone at a time and overtime I’ve planted 180 trees and tons of bamboo on 3.5 acres of the five so far. In the future I plan to expand to finish planting the whole thing.
With 180 trees planted, you must already have a well to water them. I'm worried to plant expensive trees without getting a well. But I would like to put fence first as one visit I saw big coyote silently watching me as I step out of the car.😮
Real talk. I got 4 acres. 3 acres clear. I get off work during the summer and jump on zero turn every week. But I would not trade it for nothing. Way better than arguing with neighbors every week.
In Canada, Canadians who think they have the right to own land, actually do not. Canadians have no rights to own land. They can own a home or house or whatever it is, dwelling etc, but the land underneath that house does not belong to them, it belongs to the crown, a foreign elite family in England. Americans should take that into consideration, that their supposed free neighbors to the north have the same rights. Owning land is the best thing, the strive for true freedom. Only Americans have that right as well as other rights. Land makes you free.
It’s the same here. If we don’t pay taxes on our land then they can take it. We can purchase it outright but still have to pay the taxes so technically it’s still theirs.
All the three properties I bought in Southern California, I signed papers that I do not own land x thousand feet below the ground. If oil, gold and precious materials discovered, federal government owns it.
Wait a minute, now...I just read another comment that someone's grandfather purchased 163 acres of land in Canada 🧐 Now, I don't know what to believe 😩
Be aware of what you can build on your land. I wanted to get 3 - 5 acres for a pond and make it a little weekend getaway for now. My plan was to first build a barn to store equipment while working on the pond and developing the land, but was told I must first build a house. My plan was for that to be the last building.
That policy varies by jurisdiction even within a regional district. Sometimes you can get a variance for such rules and situations or post a bond to comply over time. Planning staff or your local elected official could further advise you. Here it would be allowed.
You should only own the acreage you and your resources are willing and able to defend either physically and/or financially. Otherwise It will be miserable. It takes, time, money, cunning, and a dozen or so cameras for court documentation. Oh yeah...and a few trip wires with loud noise makers that sound like a shotgun. Those are so satisfying. Also, don't forget to buy a thermal scope.
I’m going to look at my first land in July. I’ve been checking out a lot of 1/4 acre ocean and lake front properties up to 20 acre plots. Seems I’ve been having much better luck with my searches on smaller land. Larger land seems cheaper but as you said most times has more unusable land. No close neighbours, atm anyways. But I’m looking at building some cottages do the Airbnb(travel) rentals for the busy months and I was thinking doing some kind of short term rentals at discounted price if they give me details on what needs fixing, what can be worked on etc during winter months since this will be in Canada.
Check if the township or county even allows short term rentals like air bnb. Many are banning it. Depends on location and infringement on neighbors and their payed for private infrastructure. Property without close neighbors, that does not depend on a private easement road should be good for what you want to do.
You are so funny and truly have a sense of humor and very defined sense of business. I think you'd make a great neighbor and I'm an older person, think you're fabulous and I enjoyed your videos and have subscribed.
Great video! We bought 4 acres a few years ago with a new home built on it. Our county discriminates between buildable and unbuildable land so we aren't assessed much tax for about an acre of our land. It's scrub woods on a slope with an intermittent stream. Most of our land value is where the house was built. Financial value anyway. We love the sloped, scrub woods with stream as it gives us some privacy with pretty views. Now regarding neighbors --- we were total creeps too. But here's the thing. You can't find all of the bad ones. A year after we bought our 4 acre home a new family bought the 10 year old home adjacent to us. The property line is closer to their house on the other side of our stream. So they have kids and we do not and guess what -- they started to trespass on our property. We ultimately found that they had some buried drain pipes on our land and we had to get them relocated to their side but now they harass us with their new attack dog that patrols the property line and barks at us making our 4 acres not private or peaceful at all. And they complain about us to the county and the county comes out and we get pressure to please the neighbors even though we're not in violation of anything (vegetation in our wild landscape area). We've bought 500 feet of fencing, put up signs, planted trees and I spend hours each week just in this little area alone trying to forestall an adverse possession claim because undeveloped land is easy to steal under adverse possession laws unless you are a very vigilant and diligent land owner. I highly recommend a good survey of any acreage you buy and install fencing and where it is difficult to put a fence, posted signs with cellular cams. Research the county GIS maps and any aerial photo records the county maintains for the tax commissioner. Those photos and GIS imagery can show historical info about your land that may show past use or hidden use. Ensure the survey has all encroachments identified and I would ask the neighboring lot owners if they have any claims on the land you are about to buy and video record the conversation or try to get them to to sign a release. If you buy and find an undocumented structure or improvement, I would destroy it immediately. It could be the basis if an adverse possession claim or prescriptive easement. Call the sheriff on anyone you catch on your land if they don't immediately comply in a friendly manner -- and apologize. Apology is key because without it, they'll be back. Adverse possession and prescriptive easement is your biggest threat as an acreage land owner.
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I owned 50 acres in Michigan and had trespassers, poachers, snowmobilers. I went to the county sheriff and he took the time to explain to me that I had an old seasonal road through the north end of the property. Technically they were not trespassing. The sheriff directed me to the county road commission. They walked me through filing a petition of abandonment. They scheduled a public hearing. We had a public meeting, no one showed but me. Petition granted. The sheriff now told me to post it and he would enforce it. He did and the problems ended. I now have a 40 acre farm in southern Ohio, zero problems.
This info is great! I'm glad it worked out for you and it just shows that sometimes when we take initiative there can be real change. Again, i'm genuinely happy that worked out for you! Normally when i hear about situations like yours it ends with the person talking about how their local government left them high and dry.
Good sheriff.
My neighbor drove his truck, with a mini excavator across my land, the first time, he drove the excavator and broke a hydraulic line. I confronted him about his trespassing the first time, sorry and everything. I decided to look at security cameras is where I caught him the second time. Stay away from me.
I have a similar issue here in rural Kentucky. I purchased 64 acres from a man who was well known and had turned a portion of the property into a little town. After he passed and I purchased the land, all the local neighbors who didnt purchase the property harassed me, trespassed, slandered me in hopes of my moving. They even tore down a newly installed gate. The Sheriff's Dept did nothing but protect their old buddies. Even with a legal land survey there is still harassment. I hope to be selling it in the near future, possibly splitting it up as it is beautiful property.
@@AlternativeHomesteadingwhat does “turs” mean?
Neighbors who don't want you as a neighbor is also overlooked. It's an unfortunate dilemma which is hardly spoken about.
It really is so overlooked. It. can destroy everything and make your life a living nightmare.
If you got everything legal the neighbors can go to HELL.
Tell them to fuck off
Happens everywhere
YOU can treat them the same way every thing is allegedly anyway
The distinction between just pure 'acres' and 'useable acres' is spot on. Didn't think of it like that!
Yep, that is something I learned the hard way lol
I got 6 acres - 4 1/2 acres that i cant do much with its so rocky and on a hill but its still good for hunting and gathering edible plants😊.
It gives you privacy and peace, even unusable land…that’s priceless to me.
Yeah I never heard of that either.
Zoning and zoning limitations matter.
So true! People greatly underestimate what you can do on 3 to 5 acres. We raised a horse, goats, chickens, geese, and ducks plus fruit trees and a massive garden on 7 acres and we didn’t even use all of it. Anything you don’t use goes wild super fast too so a small acreage is where it is at!
Thats awesome! Glad you guys are getting so much use out of what you have. You are very right about what you don't use going wild very fast. Its insane!
It all depends, my property came with a USDA grant for forestry development, 25 acres of trees the feds pay me annually to keep, part of the reforestation programs.
@@rrmackayexcellent point.
Same here. Chickens, donkey, two horses, bunch of cats on only 2.7 acres. Three different horse pastures. You can do a lot with 2-3 acres (Florida). 3-stall barn with tack room.
goats are helpful for keeping the plant life in check from my experience
My thoughts, I have 25 acres in GA, 3.5-acre pond.
1. One day all the work will be done, and I can enjoy the place. Answer, "Work never Ends!"
2. Never buy land unless you have a water source.
3. Never buy land that shares a pond. NEVER FREAKING EVER!!!!!!!!!!!! Will thank me later.
4. You will buy commercial grade equipment; big box stuff does not last.
5. Buy a tractor with a bucket, best advice I can give you. Bush Hog and Rotor tiller will do most of the work.
6. Understand, nature is always growing toward sunlight, constant cleaning roadways around property.
7. You will go from Hero to Zero when you tell someone that they cannot Hunt or Fish on your property, do not get it started.
8. ENJOY WHAT YOU HAVE WORKED SO HARD FOR, I ENJOY EVERYDAY WHEN I MADE THE DECISION TO LEAVE THE ATL!!!!!!!!!!!!!!!!! GOD BLESS!!!!!!!!!
For #2, are you referencing water source as in a pond, lake, etc, or public sewer or septic tank
Pond, lake, creek, river. If buying raw land, make sure you can get a septic tank permit first before buying. There are some horror stories out there. Hope that helps.@@ItsMe-bm7fd
I'll be moving "North of the Big Chicken" soon, near Calhoun. Off Grid yet driving distance for work. Great advise you offer.
I cant wait to get out of Metro Atlanta aka 'Crime-Lanta'.
@@KW-jq5je Ha ha! I haven't thought about the "BIG CHICKEN" since I left Marietta 24 years ago!!
No one would want to hunt on my private property with clear signs of ACTIVE TARGET PRACTICE IN PROGRESS, TRESPASS AT YOUR OWN RISK!!!
YOU’VE BEEN WARNED! ☠️☠️☠️
‘’Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off."
Sounds like plan, how do you put money to work?
@Ibrahim faizan Thanks for replying me, I've heard so many people talk about investment but none had said how to do it right.
Am hoping on you can explain more on how you make extra income from investments
Financial freedom is absolutely the perfect freedom
This is awesome, please can you be of an assistance to me how can I connect with your broker?
All four of my neighbors hate me and I continue to live happily 😎
😁
Judging from your user name I can guess why they hate you.
😂😂😂.... that's cool, I wish you more happiness.
lol damn all 4?
has to be a reason.
@balfourwheatley6644 yup, I live in an HOA community and two of them continue to block my garage, one encroached and landscaped 5 feet of my property and didn't Like I removed her 5k landscape and the other doesn't like were I place my garbage cans on my property 🤷🏾
However, it's important to note that real estate investing also comes with risks, such as property market fluctuations, maintenance expenses, tenant turnover, and potential vacancies. Successful real estate investing requires careful research, due diligence, and an understanding of local market conditions. Investors should always assess their risk tolerance and financial goals before making any investment decisions.
I bought my 1st home at 21 for 87k sold for 197k, 2nd home 170k and sold for 320k, 3rd 300k and sold for 589k and buyers paid all closing costs expenses etc... It is possible and very lucrative as long as all steps and details are followed.
Beautiful journey, one that folks really need to watch. I’m 50, retired a while at 45. I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accounts, in cumulative of over $ 5M. I receive income from my rental properties too. Zero debt and all is going accordingly.
@@MarkFreeman-xi3rk You seem to be doing a bit good for yourself. Do you achieve this via a consultant? because I need a scheme to generate a high yield percentage ROI for me and advise on what that would be. In essence, good investments that'll help me achieve FIRE.
Oh yes I definitely use a licensed consultant Margaret Johnson Arndt She places a sizable portion of my capital in fixed securities that generate high income for me quarterly like treasury bills, corporate bonds, government securities, and debentures & REITs.
Thank you for this tip. it was easy to find your investment advisor. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Owning a lot of land can bring a lot of headaches. My uncle bought 50 acres of land and was constantly catching people on his land hunting or on snowmobiles. The people with the snowmobiles even cut his fence down so they could get to the local bar faster. He was constantly calling the police, but they did nothing. My uncle finally sold the property.
Probably what they wanted anyway
He should have brought boulders in to destroy the trespassers sleds. If asked, claim the rock is for land stabilization. Boulders under a bit of snow would stop those sleds quick. Of course, some states now defend the criminal every chance they get.... might catch a attempted murder charge in them hile they let actual murderers out with a slap on the wrist. (MI, NY, CA, OR, WA, and perhaps VA)
@@jakewilson7112”Sir you will be charged with attempted murder because nature.” Lol
Trespassers usually don't come back when there is a shotgun in their face after going past trespassing signs placed every fifty feet... Know your legal rights but don't be a pushover.
That's crazy
1. Don't by 6 acres if only 2 are useable. Rebuttal: A. The unusable land has uses: Hillsides can be a source of wood and wild leeks. It can provide game. Swamps are especially full of game and useful plants. B. Sloped land on part of the property provides an ideal location for a root cellar. C. Sloped land is wonderful as a site for a gravity fed water system serving the land you're living and growing on. D. Negotiate the price down, telling seller "lets price those 4 acres at 50% per on account of them being mostly useless. E. Extra land is a buffer against neighbors -- you wouldn't want someone else's deer blind overlooking your castle. F. Few people want a perfectly flat 2 or 3 acres with an amazing build site and tilled fields ideal for growing if it's totally exposed and surrounded by neighboring fields and pasture land. Surroundings count for a lot, and when you find the surroundings that you like, take a careful look at how you'll be able to use the land -- overcoming this challenge is one of the main rewards of homesteading.
My own case: We purchased 46 acres and spent considerable time, effort, and resources to make it our own. The fact that it wasn't easy is why we learned so much and value what we did. Mods: We put in a pond, built a large fence around the house for security and to let our dogs run. Built a stable, paddock, corral, and fenced two pastures so that we could keep horses, goats, and donkeys. Built a spring fed gravity water system for our livestock, dogs crops and gardens. Let a few things go that we didn't need (former owner maintained more lawn that we needed). Improved a few things (increasing gravel parking and a short driveway to our new facilities. Made the 3-sided shed a 4-sided shed to store feed and gear for our horses. The few things we got help with: we hired a bulldozer to dig our pond, but we created the outlet. The major work on the stable was done by Amish, we helped and put in solar powered lighting. Our place is now ideal for our needs and we're proud of what we've done. We live on a dirt road in Allegany county. It's peaceful and quiet. Despite a few of those people you mentioned who just don't like certain kinds of people, overall, people are polite and respect each other. Deep in the sticks, people respect each other's space.
Used to know a guy who was a builder. When he sensed hostility from nosy neighbors, he would tell them that he's building a halfway house or a youth detention center. He's had more than one client call him and tell him to stop telling people that.😂
thats a good way to have a township/county board step in and destroy you...
I'm taking notes 😂
@@jakewilson7112
Lol do you think they are gods?
they can’t do anything.
Remember, ghe police is scared of BLM
and the military fled from Afghans in loincloths
America is officially bitched. Do whatever you want
Sometimes the "unusable acres are fine if they serve as a buffer zone to isolate you from neighbors on your usable acres.
Need to remember also that the more nice acres possibly the more maintenance and upkeep to keep it that way.
Also taxes, unusable land will be a lot cheaper than all prime building acres so not only will the purchase price be lower but so will the property taxes!
But also being a person that enjoys being in the mountains you realize that most plots are land are going to have non usable acres and I prefer basically all wooded property as that keeps the nosy neighbors if any more at bay.
One of those out of sight out of mind mentalities.
The big positive is to find a piece of property that has a year round flowing creek and/or natural springs on the property .
May add a bit to the cost but having good water is worth the added cost.
Is that why rich people build houses on the mountains?
This is exactly what I want. No people, plenty of space as a buffer. I'll set traps to keep people out too.
Wow thanks for the advice! Especially about the water!!
Thank you. I was going to say the same thing.
Absolutely agree! That’s exactly what I have, except for the creek. I have a 320 sq ft cabin on 21 acres that is heavily wooded, and it gives me a lot of privacy and leave nature to nature. The peace of living simply in harmony with nature and sharing it with the animals is incomparable to anything. Many people want to buy land and leave city life behind, but get sucked into developing all sorts of things, starting a homestead with gardens, animals because videos on YT make it look so easy. In reality, they’ve essentially become farmers and ranchers, and they are tied to it. I live on a $700 monthly budget, with minimal needs, and this gives me the freedom to read, hike on my land, go traveling, sleep when I want, wake up when I want… I don’t understand why people want to leave stress behind only to create a different kind of stress somewhere else.
I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.
@@mariaguerrero08Mind if I ask you to recommend this particular coach you using their service?
GERTRUDE MARGARET QUINTO maintains an online presence. Just make a simple search for her name online.
Thank you, I just searched for her online, and I'm genuinely impressed with her qualifications. I've already contacted her because I could use all the help I can get.
The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!
It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.
I get such worries too. I'm 50 and retiring early. Already worried of the future and where its headed, especially in terms of financies and how to get by. I'm also considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?
For you to grow your portfolio in today's market, you really need to be coachable and willing to get off your high horses. I for example, have managed to grow mine from $150k to 300% of my initial deposit within the past 8 months just by copying trades from a broker that has better skillset and technical know-how than me.
@@hasede-lg9hj Could you kindly elaborate on the advisor's background and qualifications?
Finding financial advisors like Annette Marie Holt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I agree completely on keeping neighbors relationships neighborly. In my experience chit-chatty neighbor will soon start asking for favors and sticking too much of their noses into my bizwax.
100% - The most I do is "hi and bye" my neighbors. Lets all be peaceful and friendly but lets definitely keep our space.
Yes...true...but can also be there for you in case of an emergency
strangers make good neighbors
I intentionally looked for alot of land with only a few usable acres so no one can build near me. No neighbors are great neighbors for me.
😅
I also like cemeteries as neighbors. They're quiet.
@@d.f.9064lol
Well done..
@@d.f.9064 My favorite kind of neighbors.
Thanks for putting out this type of stuff, people never share this side of the coin.
Glad you enjoyed it and I ALWAYS try to keep it real.
People never share,? when I've been sharing this advice for over 50 years.
We have 20 acres of land in upstate NY and keep about 3 acres around the house cut for our living area. The rest is our nature preserve and I love walking around on it. The only problem is our neighbors and their kids love it as well. So this brings up the issue of liability meaning our lawyer said to put up no trespassing signs making it clear people are on private property. If we allow someone to go on the land that comes with being liable if they get hurt. It's much better to not allow people on it because if they then get injured it's on them. There are 200 hundred foot cliffs so this is a very real concern.
People can sue you with or without signs or fences. Liability risk has more to do with preventables. If they trip on a stone that's been there a thousand years then that is less concern than falling into a hole you freshly dug.
@@jimmarplediy2024 just bury them lol it's cheaper. It's ridiculous that someone could trespass then turn around and sue you
What kind of taxes do you pay up there for that size property? I'm near NYC and the taxes are killing us. (1100 sq ft house, almost 30k/year tax)
@@EddieJazzFan We have the house and 3.8 acres as 1 property and the tax on that is $9742. On the beautiful 16.2 acre vacant lot that borders the house the tax is $689.42
Must be way upstate for that price.
I get that you don't want chatty neighbors but man... having simple friendships with your neighbors can be a blessing in many ways.
anyone who doesnt want this should stay in the welfare cockroach hovels of their cities. My neighbors are a continual blessing to me. I would do nearly anything for them. We all despise handout trash progressives, even though 1/3 of my neighbors were hippies in the late 60s. None of us will welcome this modern trash to our neighborhood. The yuppie trash that tried to invade during the pandemic has been driven out quickly. There is no room for pathetic where we are. They tried calling police endlessly for bs reasons and even the state cops told them to get bent. I actually saw a state cop laugh when i told him the reason for the call as a sad pathetic little man was angry he got told to put his bish tits away before trying to intimidate another man.
The big problem with neighbors is, you can't choose them.
@@Blueknight1960 It is truly a crap shoot on neighbors. Good ones can be a blessing, bad ones can be a nightmare.
I own few acre lot between Los Angeles and San Diego. Most neighbors want to be left alone in private and just wave hand if you happen to meet. But its better if you find a friendly neighbor. My car got stuck on a slippery snow road, my neighbor next block pull me out with his truck. Next time I gave him dewalt flashlight, battery, charger. And we became friends. That's an advantage you need to have. No man is an island.❤
@@ela111961 :)
Owing a land doesn't suck. I disagree with that mindset although I'm not big on buying lands. I put in 10k into various assets late last year and flipped into six figures within a few months and still going. I’ve always been an advocate of investing because it has been rather rewarding. I hope to attain financial freedom soon. One more thing, keep up the good work brother.
You can’t overlook the fact that it’s paramount not to get greedy but to remain invested through careful study, if not you can lose it all.
I have some money saved from day job. I have no idea where or how to invest. How are you doing it, sir?
It’s not rocket science. As I said previously, I got into stocks, index funds, and REITs, myself but wasn't getting the results I wanted the first couple of months. Got tired of taking losses and decided to seek mentorship from Jonas Herman, a certified fiduciary who helps oversee my investments.
Comparing stocks to alcohol is bonkers don't you think? Well, over the years, I've been part of numerous investment programs, sifting through a barrage of information. Yet, none comes close to the sheer clarity, depth, and precision of Herman’s instructions and insights. It's akin to finding a diamond in the dirt.
@@Pambegay I don't even have that much but I don't mind starting from where I am. Can you please introduce me to Jonas? I'd like to know more a out his service.
Also, consider that you might be able to afford the property taxes at the time you buy the land, but the taxing authority can come by and reappraise the property after you've done improvements or after the land is rezoned. This happened to me and my neighbors in Louisiana after Hurricane Katrina when they raised my property taxes 1,000%. No, this is not a misprint. My wife lost her job due to the hurricane when the business she worked for was destroyed, so we were struggling at the time as it was before they raised our taxes by an insane amount causing us to lose our modest rural home on only 1/2 acre of land. They came by after our homes were repaired from the storm damage, after we had to take out a second mortgage to make our home livable again and presented my entire neighborhood with virtually unpayable bills, given our circumstances. They were either ignorant of our plight, didn't care, or I believe, maliciously intended to steal our homes. Remember you don't really own your home, but are just renting it from the state, if they can come by and not just double or triple your taxes, but increase them by a factor of 10, like they did us. This taught me to never own land again. I now live in a 24 yr old RV mostly on BLM and Forest Service land virtually for free and pay no real estate taxes whatsoever, having had the government practically steal the home that my dad built with his own hands. You live and learn.
Thank you for sharing this experience 😓 I want land for my family, but this has given me a lot to consider.
Also, this isn't how property taxes work in every state so know the local laws. In California, your tax is based on your purchase price and can only go up 2% per year, max. It gets complicated if you build a bunch of new buildings. The value of preexisting land/structures stays the same but the value of the additions get added on top at current market value. Bottom line: things work differently everywhere. Ask the local realtor lots of questions and maybe an accountant.
That is horrific. They should not be able to take your homestead.
Strange how much Americans are taxed, it seems to me that taxation here has gotten to a point of ridiculous expectations. After looking at everything in America I believe that the new American dream is to live outside America. A place that has no reoccurring yearly tax of property. There must be a better place out there.
When I looked at my home it was by a railroad track and they had it listed as commercial property.
I dont know who did that.
The first thing we did was to get it re-zoned to Residencial property.
It did change alot .
Good info, it just varies state to state. I'm from from Louisiana and my grandparents still live on 60 acres. During the covid lumber shortage they sold 10 acres of trees and made a little over $150k. My wife's cousin sold his trucking company and bought 126 acres in la. There's a pond to fish and a section we hunt deer so "usable" is going to be relative. Goats and cows are great investments for upkeep as well. Country living is very different. I live on 8 acres now in texas and I pay less in taxes then i did on less than 1/4 acres in Dallas- fort worth which was thousands of dollars a year.
Sounds nice, and good decisions all the way around.
Los Angeles? 128 acres in Los Angeles? Is this where you live now? Pls advice. Thanks
Hey Neighbor!!! This is all facts we're in the southwest fort worth area. And when I moved in my house in 2010 my taxes was $3200.00 a year. My taxes now in 2023 is $5300.00. And I owned my home. We're literally putting it on the market next month for land in Alvarado area more south. Because over here they're only building 7-11s and car washes and apartments. We literally have like 6 7-11s with in a half a mile of each other 😂😂😂😂
@@maryroseevangelistaflores9808 I think he means Louisiana
I wish i knew where i can buy a land in texad for comercial farming
I love my land and here is what I paid for 40 acres in Navajo county $16,000, completely fenced $22,000, well drilled $12,600. That’s where we are as of September 2023.
@@CatholicChickAZ Great price for a well. Not sure how deep is yours. I get about $20k for a well depending how deep they can get water.
You Are A Colonizer 😂😂😂
Do we really own the land if it can be taken away so easily? Also, you're regulated with what you can build or do with "your" land. It's unfortunate.
Yep, you have a silent partner for as long as you own that property, it's called the Tax Department and Building Department.
Even when you pay off a mortgage, you don't truly own the house. No more allodial titles.
No this crap.
Its so obvious we rent land from gov
Tneh control what we do on it judt like a landlord and they extract tax/rent on it periodically
A thumbs up and a comment for the mature, realistic, and absolutely correct issues of worrying about your neighbors, that you knocked on the door with a smile and explained the reality of being financially connected at the hip, and that you don’t want to bring down each other’s property, values, and so on and so forth. Impressive sir, we all need to be this kind neighbor!
thanks for the comment and supporting the channel. I feel like people who don't lead with humility and wanting to work together with their neighbors are destined to fail or at the very least make themselves work much harder than they need to.
* Alex, would you be interested in being featured on my channel? I'm sure you have some knowledge my audience and I can learn from. I searched your channel for contact info and found none. If interested, you can find my email in the video description of this video.
@@KeepItTiny I sent you an email Jamie. Might check your junk folder as for some reason my work emails tend to end up there (LOL).
Here's one for the more rural spots: road agreements. If the access to your parcel is not a public road, and someone else also accesses their property from the same " country lane", you will have tp enter into an agreement about maintenance of said lane - likely requiring an attorney's services 💵
Thanks so much for teaching us about this. Im about to go do some more research on this because i didnt know. I love comments like this so much! Feel free to keep dropping knowledge on more of my videos.
You are not wrong, but it depends on your neighbors really. My cabin is on such a road. All properties have a 10ft easement on their face to create the trail. For 20 years, we had no issues at all. The pandemic however brought a few POS suburbanites fleeing the cities. 2 of them tried to put gates on their section of easement, and were quickly destroyed in court by 30+ other property owners. As for maintenance, it has cost me about a grand personally over those 25 years. This was mostly due to making a dirt trail into a crushed limestone road.
@@jakewilson7112 I've seen that set-up in southeast California. Where I am, and it may just be based on the configuration of the subdivision 20 years ago, there is a need to do a road agreement for the one property beyond me. Just good to check into all of this before buying.
I love commercial land. The highest return with lowest risk is to do long term unsubordinated ground leases. Your network is absolutely your networth. For instance there was 6 acres of commercial ground that had been on the market for years without being sold because of lack of sanitary sewers. The land was purchased for $115k and in no time the landowner received an LOI from a developer for a ground lease for $9k/month plus annual bumps for 100 years. The project was a $30,000,000 apartment complex. A TIF district was established with the county that offset the increase in property taxes to pay for infrastructure improvements i.e. the property taxes went from $2,000 a year to $300k per year and that difference of $298k per year gets applied to paying for the sewer line plus other onsight infrastructure expenses. There needed to be a large enough project to offset the cost of infrastructure improvements. The county gets hundreds of new residents paying income taxes and millions of dollars of additional money floating through the local economy and once the sewer line is paid for the county recaptures the increase in property tax. Everyone wins. Forget glamp camps this is where the money in land is. On this deal the land owner gets more than 100% return on the land every year with no risk and no management. Also, the land owner could cashout refi the land for 7 figures with only a $115k investment. Do just one of these kinds of deals a year and your multi generationally set.
That's exactly what mu buddy did, bought 2.5 acres Commercial for 155k , then the city came and forced all 5 owner lots to build sewer/water and so on. Plus he bought another acre for 80k due to not wanting to do project. So now those 3.5 acres are worth 2.2 million.
Can I interview you? I’m doing a project on teaching elementary students on financial Ed. How does a young person do this? Ty
@@joannabusinessaccount7293 Belss you for teaching them real-world money skills that early. Kids are so good at computers we really should be upping when we teach stuff like this. A solid chunk of them just might have jobs in "new media" or tech between 14-19yo. Long-term Investment is something most people don't get outside of major-specific courses in college
This is the reason people cant afford to buy vacant land anymore. 😢
@xXIronPeachesXx you can wholesale land deals, too. Did you know you can purchase land using the increase in property taxes once a development is built? It's called a T.I.F. Tax Increment Financing. I'm working on an adevelopmebt deal now that's 4 acres. It's a run-down hotel. I want raze the building and build an apartment complex. The guy who owns the hotel owns many hotels, and he wants to sell. I want to buy it, but the only way the property is worth what he is asking is if I can complete my project. So I'm locking the property up in an LOI (letter of intent) as I go through the process with the county to build. Locking the property in an LOI doesn't cost anything. Once all county approvals are finished, I will be able to use a TIF bond to actually purchase the property. Still at no cost to me. There is money in land even if at first it doesn't seem like it.
Great advice! My wife wanted lots of acreage. Having lived in the country I have an inkling of what upkeep is required. I asked her if she was going to maintain it, because I sure as hell wasn't planning to spend all my time off work, well, working. She demurred.
Lmao
Sir, good for you and your exercising knowledge and thus making a wise decision. The benefit of
buying land or acreage versus a small lot is you can usually subdivide your property if you need
a little money. Example, my cousin bought 40 acres of heavily wooded land on the Clinch River in
East Tennessee. He paid $40,000 for it 20 years ago. He sold timber off the highest ridge on the land.
The timber brought him $40,000, and you could not tell any trees were missing. About 10 years ago, he decided to have his property surveyed and subdivided. He found out he actually had 76 acres.
He decided to sell 10 five acre lots on the south side of his property where he sold the timber.
He sold all 10 lots to a developer for $150,000, and he still had 26 acres left with the river front
property. Today, his remaining 26 acres has a value of about $250,000, but he is not selling. He is
giving it to his grandson.
I've owned land since 2005 and even at a young age I knew I wanted land that I could maintain myself at any age. More land is definitely not better..
I have 26 acres loll and ive already started to find hunting stands and nosey people stopping watching me. But thats all over now cause im here and i got the vision this 26 about to be a fortress !
Factors to consider about owning and living on rural land: 1) annual land taxes, 2) tax adjustments for "improvements" (buildings, well, driveway, septic system...), 3) local ordinances/restrictions on land use (know before you buy), 4) quality of public road/road maintenance to access the land during winter and spring thaw, 5) type of/location of nearest firefighting station and impact of this on insurance rates, 6) location of/quality of nearest public schools and impact of this on property values, 7) cost of buying or hiring machinery to plow private driveways, mow pastures, trim brush away from fence lines and private roads, 8) cost of getting skilled trades people to come to the property to do repairs and installations and 9) your level of skills and physical fitness to do much of the property maintenance work yourself.
Living in the more isolated rural areas means you plan well for the occasional shopping trip to the nearest town, maintain a deep pantry and a well-stocked freezer because of infrequent shopping trips, do most of your meal cooking because there is no pizza delivery or nearby drive-thru, you cope with frequent power outages because fallen trees take down power lines in rural areas when there are storms, you may have to cope with spotty cell phone coverage (you may have to drive to a high spot to make a connection), you may have to drive into the nearest town to pick up your mail and you will pay more for groceries and vehicle fuel because you live at the end of the supply line. If your rural land is near farm fields, dairy farms, etc. expect dust from plowing and hay harvesting, machinery noise during planting and harvest season, livestock noise and odors and occasional over-spray of pesticide and herbicide chemicals -- don't complain if these businesses were there first (know before you buy).
Do your best to be polite to and get along with your neighbors because they all know each other, you are the outsider, and they can make your adjustment to the rural lifestyle either very difficult or easy depending upon whether you have offended one of them or one of their relatives. Forget about having anonymity or much privacy in a thinly populated rural area -- your neighbors will be curious about you, and they will share information about you with each other. If you have a temper control problem or "un-neighborly" outlook, think twice before relocating to a rural area. Be aware that rural communities tend to be politically conservative and many residents are weekly church-goers. Make sure you can fit in with people who may have a very different outlook from you on politics and religion -- keep your opinions on these topics to yourself because rural people have long-memories about offensive behavior and can hold grudges.
Yup! And no matter how nice you are they might still hate you. Sad.
Good points. I wish I could live in a rural area. However, I can't take these risks being black, and it's why I'm comfortable living near the city around people who look like me. Safety in numbers, no judgemental people, etc.
@@LG-universe Yep.
@@LG-universegive me a break, don't play the race card
You should make a youtube of these very cogent, vitally important considerations.
Note to "self" Hilarious!!! _ I just purchased 5 acres in a small Alabama town - they relish in telling you what you (can't) do on YOUR LAND - smh - thank you for sharing
lol, thanks! I have to keep reminding myself to take it easy because I think I still have my 21 year old body when I MOST DEFINITELY DON'T!!! Good luck on your project with your land! 5 acres is a perfect amount. It will take time to work with the city, learn what is allowed, and get everything up and running but it is def worth it!
Colorado is like that too. You have to file a request to have chickens or horses and only 10 chickens are allowed I think. RV? Has to be hooked up to a septic tank or they will run you off your own land and or fine you. Most of those rules are because other people abused the land and ruined it for everyone else.
@@MrLaughingcorpse People would dump their used oil there if they could. Rules suck but I see why they do it.
More land is always better, if you have enough land you won't even know you have neighbors. We have 40 acres in rural Oklahoma, no city/town, no police, no code enforcement but, unfortunately no fire department either. We rely on the Forestry Dept for fires but, they are stretched thin. It is expensive to put in infrastructure, we spent $60k on water, septic, electric and dirt work before we ever started building our home. Taxes are so much cheaper where we live. We applied for an agriculture exemption because we grow hay and raise animals and our taxes this year were $17. It is challenging starting from scratch with raw land but, you would have to tie me up and force me at gun point to get me back to the city. No regrets!!
If I may ask, how much does an acre cost there. I'm looking to buy between 2 and 5 acres depending on the cost.
@@lisaogembo473 in Oklahoma it depends, I’ve seen 2-3 acres go from $2k to $15k per acre depending on where it’s at. Usually the more you buy the cheaper it is per acre. We bought 40 acres at $2800 per acre, which is cheap but you have to buy 40 acres.
@@OurOklahomaLife thank you very much for the info. Definitely gonna look at Oklahoma, they seem to have fair prices. Again thank you.
Also check zoning. Some require frame built homes and others have no restriction so you can put a mobile home or even a container home or just an RV, which is needed if you are going to live there and build a home a little at a time.
Yes, that's important. I'm glad to know not bad restrictions when I bought land in Southern California. Manufactured home allowed as long as it is brand new minimum 1800 sqft and 500 sq ft garage required.
Be careful on California laws of mitigation land that you cannot build anything. Something like..county will allow you to build a bigger home on your acreage but you will disturb butterflies there. To get approval, buy a mitigation land somewhere and don't use it. It will be reserved as a second home for the butterflies you disturbed.
Keeping it real I love it! My mom lives on 3 acers in northern AZ and I can tell you it is a LOT of work.
Thank you! There are so many people in the comments telling me that I’m stupid for making this video. I am just trying to serve people a little reality. I love the fact that i own land but it is just a good amount of work.
Land is the best resource to have. Nothing about it sucks
Solid video. I will say that your situation is very different than mine. I purchased 35 acres and the only thing I have in common with your situation seems to be the taxes. After 5 years of owning the property, I have paid very little into taxes and upkeep but the value has jumped 600%. I think it varies drastically where you buy land. We have open grazing so the cows keep my vegetation down.
Exactly. This guy is too green and sour. Its hard to listen to him for long periods of time. Too negative. Land is an inheritance from God, and those who own it, figure out how valuable it is sooner or later!
A inheritance is supposed to be for free you dummy, you will pay the government for the rest of your existence.
Taxes depend on whether you have progressive leadership or conservative leadership in the county you own land. Never buy land where progressives control taxation. Your taxes will be insane. My house in a progressive city costs 6x more than my cabin in a rural setting. Rural areas dont need to raise taxes to pay for those who will never pay taxes.
I agree that the best neighbors are the ones who leave you alone. HOWEVER I have had some pretty good neighbors and they can be extremely valuable in watching your place when you are away, even feeding your cat depending on how well you know them etc etc. I always make sure my neighbors know that they can ask me for help If they need it and I give them my number. I have never had a "bad". Neighbor actually.
Charles, Can I be your neighbor? Mine are horrible 😫 they don't like single woman with no kids around here. They NEVER help me with anything, and I would help others, I'm midwest nice living in the south. I'm moving, I need community n kindness. Love my place, but its time to fly, n too hard at 58 alone.
Amen. I have had a few fools that needed a reality check by the court, but most my neighbors are awesome people. Mostly retirees from GM plants. I do anything i can to help them out, and they are always there to look out for my cabin when im stuck in the nasty city working. It's the suburban yuppies that have caused the only issues. They tend to sell quick when 20 neighbors all file suits on them, and the township board is fully on our side. These issues only started happening during the pandemic. Yuppies and inheritance babies thinking they can gate off easements. Just this week, I forgot a few pounds of ground beef in my fridge. Called a neighbor who has a key to my place and he gladly went over to grab it for me.
@@jakewilson7112boomer tales
Some good points in this, thanks.
I recently bought my first piece of property that's 43.25 acres small. It is all raw, wild and wonderful! There are some 'unusable' areas [marshy lowland] but I found that to be a pro not a con. Effectively there is 1 way onto the land and 1 way off it. Makes for a very secluded area. Additionally my closest 'neighbor' is 3 miles bird distance and 5 miles driving on very rough trails and roads [4x4 only!] so I have seclusion AND privacy which was a condition of my purchase.
As mentioned in this vid, clearing and building is much more labor intensive than I expected. I've come across several costs that I did not foresee nor plan for and I'm using muscles I forgot I had! I think that's natural for any new endeavor.
As for your addressing people who 'for some reason' don't want you there, I think you talked through that with more grace, style and class than your neighbors deserve!
Stay safe!
43.25 acres is not small. Most people live on 0.5 or less
In other countries, you don't pay property tax unless you are running a business. Owning property in the U.S is fraud.
Yes, it's called the first plank of the communist manifesto.....
Land of the fee, home of the slave. 😢
Considering maintaining the land and all of the equipment you will also need to maintain in order to take care of things is definitely spot-on. I own 3 acres for the first time and it is an everyday event taken care of the place
And yes taxes holy crap stay on top of that
This guy is spot on.
MOST definitely 🥵 I can't keep up with my 5 by myself. I have shitty neighbors. There's no price on good neighbors, trust me.
@@sherrym5556 I agree 100% It's awesome having good neighbors, but a nightmare if they are s pain to deal with.
@@TheDogondone not if you're ag exempt.
First tip is legendary, thanks man
I got you fam
My grandpa has 320 acres and it’s hard to keep up with the property when no one’s there 24/7 and a 55 year old tractor.
Then maybe sell 310 acres and quit crying. 10 acres is more than enough land to own and be free
May I know your location?
@@amakhnyk No
So true! We've encountered several of the concerns mentioned! You have to be ready for EVERYTHING! lol
Wow!!!! This was a nugget. I just want 3 acres and didn't think about none of the information you shared with the exception of maintenance. Thank you so much. Blessings and Love ❤️🙏🏾💯
Glad it was helpful! Idk why but I never see people keep it real on youtube and talk about the ugly/nitty gritty parts of things like this. So I wanted to make sure people knew about some of these things. You def should still look into and buy land but now you are more informed and will be ready for these small things!
@@KeepItTiny Thank you soooooooo much. Seriously. I'm in SC, I love the weather. I'm just at a point in my life of wanting to keep in simple. I don't have a clue about buying land but I know I want my piece and hope to pass down to my children. You are a true blessing and thanks again for keeping 💯. For real!!! Blessings and Love to you ❤️🙏🏾❤️
That first 6 acres but four are a steep hillside…it all depends on your creativity. In either Organic Gardening or Mother Earth News years ago they tell of a guy that bought a rocky hillside and they said he was nuts. He raised Rocky Mountain sheep and made a fortune.
Mother Earth News is a bunch of nutjobs who publish absolute braindead garbage for people who live in the suburbs and are ignorant.
Sounds like you’re speaking from experience, great tips! I’ve been planning a land purchase for some time
You got a "Thumbs Up" from me for mentioning to watch out for the neighbors. OMG, that is 100% true, especially the nosy elderly ones. They think that they own the neighborhood.
ditto on the too much land is not always a good thing especially when it comes to squatters. you need to have eyes on your land at all times,
Owning land opens you up to so many things like that it is wild. I could make a whole video just talking about that.
A property becomes an asset once it starts paying you. I'm in year 7 and almost ready to build a rental... Maybe next year. Stuff takes time and money. On my second riding mower, almost completely fenced... Temporary can be a LOT longer than one plans for.
for me its honey bees ,lavender and peaches.
I love you. you're a generous human. thank you taking the time to put this video together. you're helping me work through whether or not i'm up for the role of glamping host. be well always 💗
Love this guy! He has already saved me from making impulsive decisions.
I live on just over an acre, neighbors arent too close but we wave at eachother sometimes thats it. I couldn't be happier
We bought 30 acres of forest. It’s zoned agricultural. Taxes are $36 a year. We also get $6k back every year because it’s zoned agricultural. We will eventually clear about 1 acre to build a home. This 1 acre will be parceled off so we only have to pay true property tax on the portion. We plan to garden on our cleared portion. The rest will be left natural minus the hiking trails we’ve already cleared. Excited to live peacefully in the woods. We’ve met our 4 neighbors and they’re all great so far. You leave me be, I’ll leave you be mentality. Only time we hear from them is if someone suspicious is on our property, as we will do the same for them. God Bless America and South Carolina. 😊
I got 10 acres couple year ago. It's a lot of work. Also, the neighbors in rural America are very resistant to change. They would use my property as a short cut to access theirs. They were really upset about losing access to a gate they built halfway on my property and the road. I have a hard time getting local contractors to come out. Doesn't matter if you have money or the energy to do things if you can't get people to come out.
Thats probably why i see so many tracks and trials through my land… we found a damn hunting stand out there couple days ago. And i BET the neighbors hinted them because the next day we came to collect it was gone. But i have 26 tho ill need like 2-3 cameras an acre to keep up which is impossible? 🤣🤣🤣
The building process ROCKS bro!! Come On!!!!
Nahhhhhhhh lol, i'm sorry but i'm gonna have to disagree with you on that one.
This was an amazing video. Some I knew, a lot of it, I did not think about. Thank you.
The point about quality of acreage over quantity of acreage was very insightful! So true. Why pay for 10 acres, when 2 acres might do the job. I had over 3 acres once…but only about 0.3 acres (or less) of it was even remotely usable unless I wanted to sink hundreds of thousands of dollars into a retaining wall!!!! Trust me….that kind of stuff is WAY more important than you think it’s going to be!
This is so awesome man! I’m happy for you and your land journey. Thanks for sharing! 🙏🏾
I'm from Brooklyn, I didn't even know raw land could be purchased in ny. I'm definitely interested.
I live in NYC too! Yep, you have to head upstate and there is actually a lot of land for sale.
Get out of ny
Buying land in ny is idiotic atm. If you long for a state master destroying your land, buy in NY.
Well said. The expense of clearing land can be overwhelming. Upkeep & tax & raw land costs & building headaches, thumbs up. Nice at the 3 acre size. You've earned my subscription.
I want to do this, but man as a disabled person this feel like a pipe dream. Just going to keep learning.
You can def do it! You may not be able to cut some of the costs down by doing it yourself but it is certainly possible.
Finally someone who talks my language about bad neighbors. And I’m looking upstate NY For land. This is helpful
Nope. Most who are looking for land if they find a 6 acre land and 3 are mountain,it makes for a great view. This is what owing land is. It is not all for building on the whole land.
My Bro has his main house on 5 acres. This means that it he is helping the local economy by keeping a service busy maintaining the lawns , plantings , driveway and structures.
Great info as always! Appreciate your content!
Glad it was helpful and glad you like my content! I try my hardest to keep video quality up all while giving real info that is actually helpful that people can use to succeed.
Land can be shaped for essentially any need. Whether it is for commercial, residential, or agricultural, just buy the land. I purchased supposed "unusable" land a few years back. Now I'm getting offers for over 4X the original price. I don't plan to sell but to retire on it. But everything has a price.
When we got land our neighbors on 1 side kept calling police for their dog getting on to our land and chasing our livestock even told me on 1 occasion that they were here first so i should allow it. They moved thank God!
Your neighbors called police because they couldnt contain their animals? Even here in MI, ruled by progressive crazies.... you could have shot that dog legally. If an animal threatens livestock, it can be terminated. Protected species or a pet doesnt matter. Just dont shoot a pomeranian claiming it could hurt your cows and your good..
Nice job on the video..Thanks!
Thanks for watching! I love your channel; you are consistent, entertaining, and knowledgeable in your field. I can learn a thing or two from you about UA-cam.
ugh you're right, taxes..
The tax man (or woman 🤪) will always come knocking for their cut!
taxes are cheap in rural america. Only in trash progressive nightmares are they insanely high. Gotta pay for trashes existence.
I have a HISPANIC accent. Great advice. Wish you peace and happiness. Thank you kindly for sharing important information. You are the best.
Put a sign on your lawn that says "Church" and your land becomes tax exempt.
Haha, I've been thinking what name should I use when I put my property on Trust. Instead of Hacienda de Milyonario, maybe Orphan Church.😮
I'm a cuban from Miami..I see you have education and class on the way you're explained all.Congratulations
depends if that mountain has even a small amount of running water that can become a power source for clean energy
That is true, i didn't think about it like that. I don't know much about using water for clean energy. I'm gonna do some research on that later today.
I purchased, for $100.00, an older riding lawn mower to get around my land. I purchased a used Kubota medium size tractor, for $3500.00, with a mower. I do the mowing of 2.5 by myself. After a while, I took time to hire civil engineering firm to develop. The man is spot on about managing everything going on. I am interviewing general contractors. No matter who is the general contractor, I know I must meet the general contractor no less than once a week. Add to the trip. Takes me 1.25 hour each way. The drive gets old, quickly. Also, his tip on waving neighbors has been my strategy for life. One conversation AFTER you close, then wave or blow the horn as you pass by, now and then.
1:36 if I can afford something that enormous, I don't need to set aside ATV money. It's already on tap.
Your comments are well taken, but people that have the mind set on having acreage and a small budget must think differently. 1.) You have to be creative. 2.) Manage your budget, 3.) Everything you purchase does not have to be up to date or new. 4.) Most importantly, learn how to border with other land owner particularly, farmers. They have a lot things they no longer need and would be happy get rid off. (Fence post, fence wire, small tractor, metal & tin to build a small storage building, small trucks, the list is endless).
"Good luck"
"...those old knees..." You got me there! LoL
lol, you and i both man. One day I was a hurdling champion and now walking up 3 flights of stairs is an arduous task.
All of the land doesn't need to be buildable. Land around your structure creates space (peace) between you and your surroundings (neighbors). If you own the forest, you know it won't be cut down unless YOU want it to be.
Well, these are realistic things to consider. It's part of the process. Get mentally ready and roll up your sleeves
Yep! Its not easy but it is definitely do-able! I just wanted to keep things real in this video and give people a heads up of what to expect.
Wow. This is POWERFUL information. Thanks for sharing!
Thanks! I’m glad you think the video is powerful. I try to give straight up real info from my experiences. Thanks for watching and leaving a comment, it really helps support the channel.
who in the world would buy acreage of land then pay someone to mow it? How about instead of getting an ATV, buy a zero turn mower and mow it yourself? Or if you plan on cultivating the land for vegetation how about buying a tractor? With a tractor you can till the soil, mow grass or make hay, maintain driveway, and snow removal.
And in the description, you refer to new problems of land ownership, actually i would call them responsibilities not problems.
This is all SO TRUE!!! I wish I would have watched this before I took the plunge. I talked my wife into living on a ranch, and spent 60% of our savings on land, and underestimated the cost of the required infrastructure which cost about another 25% of our savings, and now 15% of what is left over is not enough to build a home on it. This is "year 4" of this project, and we love it, but also wish we could be living on it now, but need a few more years to save money to build a home. One day we will be living there and loving it, but right now it is a real struggle. So yes, know it is going to cost more and be ready for that!! Thanks Keep it Tiny for being so accurate with your vid!
You always manage to put out such high quality videos, it's impressive. Keep it up
Thank you very much! Working hard over here to put my best foot forward.
1st point, depends what you want. A steep slope could be a start on a personal shooting range. You won’t have to haul dirt in, just have to form it. I’m sure there are other uses, just the first one that comes to my mind.
When I was living in a townhouse in south Florida with no kids I was paying taxes for to support the school system. That's not a great reason. Not everyone wants a couple of acres of land to build. Land, good land, in a good area is an asset. Nothing wrong with owning 20, 30 50 100 acres that you can pass down generation to generation. Maybe your kids could sell some one day and make a good living from that
Thanks! Good info for newbies thinking this is easy.
Glad it was helpful! My goal was to give a bit of reality and just show the other side. Owning land is awesome, but there are some downsides and its better to know them before going into it.
I have 10 archers . You don’t have to develop all your land . Take 3 archers develop it . Leave the other part off for hunting or fishing . Or hell if you like nature . Taxes are rough sometimes , but if you own animals like cows , pig , ect . You get a major tax break . If you’re older you get a major tax break . To loss your land to tax you have to be way behind a lot . It’s not that scary lol . Property insurance is a big deal too , but it’s like every six months . Maybe it’s where you live dude everything so high . Cause it ain’t that serious . I’ve owned my stuff for 4 years now . I’m not stressed by taxes .as for neighbors if you own big enough property you won’t notice them at all lol . That’s more a subdivision area .
It's like he's speaking from someone who purchased land in a subdivision that has a Home Owners Association 😅
@@blasblur1 agreed . It doesn’t really apply to a living in the country areas . In the big city areas you pay high tax . You are forced to do all that with your land .
@@romanhut2917 exactly, I only maintain 2 acres out of the 10 I have the rest is wooded and used as a buffer from the neighbors and thankfully I have my property designated as ag so my property tax only $30 a year
That is we’re I am at in my life, trying to buy a few acres. Thanks for the information.
My father left me 13 acres of raw land with road frontage in SC. Not sure what i will do with it.
First off: go there and walk it. Maybe you will want to live there, or sell, or something else.
I love your space and I hope you continue to buy more land! Thank you for the informative video. Sucks you have to deal with all the hassles.
Yeah I bought five acres, and it was raw without anything, completely off grid. I’m in year seven and it’s been so hard, but also it’s coming together and very rewarding. I started one zone at a time and overtime I’ve planted 180 trees and tons of bamboo on 3.5 acres of the five so far. In the future I plan to expand to finish planting the whole thing.
Where did buy land
@@prettysungoddess3625 east Hawai’i
With 180 trees planted, you must already have a well to water them. I'm worried to plant expensive trees without getting a well. But I would like to put fence first as one visit I saw big coyote silently watching me as I step out of the car.😮
@@ela111961 no well, just rely on the rain and heavy mulching.
Real talk. I got 4 acres. 3 acres clear. I get off work during the summer and jump on zero turn every week. But I would not trade it for nothing. Way better than arguing with neighbors every week.
In Canada, Canadians who think they have the right to own land, actually do not. Canadians have no rights to own land. They can own a home or house or whatever it is, dwelling etc, but the land underneath that house does not belong to them, it belongs to the crown, a foreign elite family in England. Americans should take that into consideration, that their supposed free neighbors to the north have the same rights. Owning land is the best thing, the strive for true freedom. Only Americans have that right as well as other rights. Land makes you free.
It’s the same here. If we don’t pay taxes on our land then they can take it. We can purchase it outright but still have to pay the taxes so technically it’s still theirs.
Americans are not free either as you have to pay taxes.
All the three properties I bought in Southern California, I signed papers that I do not own land x thousand feet below the ground. If oil, gold and precious materials discovered, federal government owns it.
Wait a minute, now...I just read another comment that someone's grandfather purchased 163 acres of land in Canada 🧐 Now, I don't know what to believe 😩
Be aware of what you can build on your land. I wanted to get 3 - 5 acres for a pond and make it a little weekend getaway for now. My plan was to first build a barn to store equipment while working on the pond and developing the land, but was told I must first build a house. My plan was for that to be the last building.
That policy varies by jurisdiction even within a regional district.
Sometimes you can get a variance for such rules and situations or post a bond to comply over time.
Planning staff or your local elected official could further advise you.
Here it would be allowed.
You should only own the acreage you and your resources are willing and able to defend either physically and/or financially. Otherwise It will be miserable. It takes, time, money, cunning, and a dozen or so cameras for court documentation. Oh yeah...and a few trip wires with loud noise makers that sound like a shotgun. Those are so satisfying. Also, don't forget to buy a thermal scope.
Your comment got more and more hilarious (but smart) the more i read it!!!!
you have a great UA-cam voice man!! thats something else people dont talk about lol. great video too!!
I’m going to look at my first land in July. I’ve been checking out a lot of 1/4 acre ocean and lake front properties up to 20 acre plots. Seems I’ve been having much better luck with my searches on smaller land. Larger land seems cheaper but as you said most times has more unusable land. No close neighbours, atm anyways. But I’m looking at building some cottages do the Airbnb(travel) rentals for the busy months and I was thinking doing some kind of short term rentals at discounted price if they give me details on what needs fixing, what can be worked on etc during winter months since this will be in Canada.
Check if the township or county even allows short term rentals like air bnb. Many are banning it. Depends on location and infringement on neighbors and their payed for private infrastructure. Property without close neighbors, that does not depend on a private easement road should be good for what you want to do.
@@jakewilson7112 yeah I’ve been noticing that. 😅
In BC the government abruptly changed the short term rental regulations so you must occupy
the rental as your principal residence. OOOps!!!
You are so funny and truly have a sense of humor and very defined sense of business. I think you'd make a great neighbor and I'm an older person, think you're fabulous and I enjoyed your videos and have subscribed.
Great video! We bought 4 acres a few years ago with a new home built on it. Our county discriminates between buildable and unbuildable land so we aren't assessed much tax for about an acre of our land. It's scrub woods on a slope with an intermittent stream. Most of our land value is where the house was built. Financial value anyway. We love the sloped, scrub woods with stream as it gives us some privacy with pretty views. Now regarding neighbors --- we were total creeps too. But here's the thing. You can't find all of the bad ones. A year after we bought our 4 acre home a new family bought the 10 year old home adjacent to us. The property line is closer to their house on the other side of our stream. So they have kids and we do not and guess what -- they started to trespass on our property. We ultimately found that they had some buried drain pipes on our land and we had to get them relocated to their side but now they harass us with their new attack dog that patrols the property line and barks at us making our 4 acres not private or peaceful at all. And they complain about us to the county and the county comes out and we get pressure to please the neighbors even though we're not in violation of anything (vegetation in our wild landscape area). We've bought 500 feet of fencing, put up signs, planted trees and I spend hours each week just in this little area alone trying to forestall an adverse possession claim because undeveloped land is easy to steal under adverse possession laws unless you are a very vigilant and diligent land owner. I highly recommend a good survey of any acreage you buy and install fencing and where it is difficult to put a fence, posted signs with cellular cams. Research the county GIS maps and any aerial photo records the county maintains for the tax commissioner. Those photos and GIS imagery can show historical info about your land that may show past use or hidden use. Ensure the survey has all encroachments identified and I would ask the neighboring lot owners if they have any claims on the land you are about to buy and video record the conversation or try to get them to to sign a release. If you buy and find an undocumented structure or improvement, I would destroy it immediately. It could be the basis if an adverse possession claim or prescriptive easement. Call the sheriff on anyone you catch on your land if they don't immediately comply in a friendly manner -- and apologize. Apology is key because without it, they'll be back. Adverse possession and prescriptive easement is your biggest threat as an acreage land owner.