WARNING: Do This Before Buying Land

Regardless of what you plan on doing with land, you will get a ton of great nuggets from this video. Wayne Turner a veteran of the real estate industry for 30 years has seen and done it all.

In this episode, he explains how to get money to buy the land, what to avoid when buying land, and most importantly the costly mistakes he and his clients have made so you don't have to.

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*DISCLAIMER* The contents of this video are for strictly educational and entertainment purposes. This video is not intended to provide financial, accounting, tax, or legal advice. For financial or legal advice consult with a financial advisor or lawyer. I may earn commission from purchases made through links in this post.

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[lsieu]

Confirm all access rights: mineral, water, hunting and fishing rights. A friend bought five acres and didn't check. His title deed did not include hunting rights and the party that has the rights accesses it every hunting season.

[ktvibez]

Great videos man I appreciate it. I’m 23 years old and I’m trying to start a journey on real estate. Thanks for the gems

[peckerpeter]

Zoning is Key to property, What zoning and what needs to be done to live as free and off grid without permits without restrictions so you can put storage containers, cabins, Rv, well water, no utilities or property taxes etc etc…

^ Traditional living with modern upgrades land tax is fine. This is so convoluted plus hidden. Would an agricultural zoning be better?

[ThePropertyProject]

I discovered that each lender is quite different, I ended up going with an agricultural lender, because I'm not planning on putting the cabin up for a couple of years. They just wanted a hobby farm, which I'm going to start working on here shortly.

It's important to find the kind of lender that aligns with your strategic plan for the property.

[oso_nomada]

Wayne, do you have a a video specifically on Recreational Land? Land that an owner has no plans to build on but to access for camping and getting away? We’re looking for 5-10 acres…would love to hear your thoughts on land like that. Love your channel!

[michaellautermilch]

You should mention that most banks want you in "over your head" in debt. When they tell you what you can afford, dont believe them. Spend less. You really should know your own finances to know what you can afford!!! Why do you need someone else to tell you what you know better than them?

[pjdepaolisii]

Thanks, Wayne. You've been helping me to find the info I need parcels and the confidence to start making offers.

[TomCarberry]

If you can connect to city water and sewer, you might have to connect to it under county code. They might not let you have a septic if you can connect to city sewers.

[absolute_kay_os]

I’m deep diving into your videos and I want to ask what/where/how/are there any websites or online access that you can see about getting land for homesteading in Louisiana?

[henryspier]

I appreciate all this information, that s amazing what you're doing thank you

[Pywacket]

Tnx so much great ideas for ck list. Ck his other videos people don’t be lazy. Make your own ck list

[kimrichard]

If a property is zoned residential, can you have more than 1 type of dwelling on the property? Ex. I want to live on a barndominium and my sister wants a tiny home while my mom wants to live in a mobile home.

[kawannadixon]

IT IS SO MUCH INFORMATION YOU NEED TO KNOW BEFORE MOVING FORWARD BUT IT'S BETTER TO FIND OUT NOW THAN TO PAY A HUGE PRICE LATER!

[BobbyJenkins-reuz]

And these videos are great information, thank you for all you do

[FindOrMakeit]

Wayne, great episode as always. Thanks for sharing.

[ThePropertyProject]

Thanks to your videos, I knew to double check mineral, water, and timber rights. It ended up not being an issue but I'm really glad that I knew to check because holy cow, what if it was an issue??

[SteviusMaximus]

Wayne, your videos are excellent! I have learned so much from you, thank you! Keep em coming!

[vigneshbabu]

Hi Wayne can you make video on LOT purchase

[absolute_kay_os]

Do you work with customers out of other states?

[jellybean]

could you please explain little bit how to do those research before buying the lot ? Should I spend 1000usd for each lot that I was looking for a survey for feasibility? if I am going to look at 10 different properties, it will cost me to10k? asking questions to the city takes almost a week, while I am researching the things they might sell the land already. What is the least destructive way to do that research?