Author: erlstealth

plot plan on vacant land

Leveraging A Plot Plan on Vacant Land: Your Ultimate Guide

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When it comes to making the most of your vacant land, having a clear and accurate plot plan is invaluable. Did you know that plot plans provide essential details like property boundaries, utility connections, and topographical contours, helping landowners avoid costly disputes and legal issues? Leveraging a plot plan on vacant land can simplify development … Continued
sell land for timber or mineral rights

Selling Land for Timber or Mineral Rights

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Selling land for timber or mineral rights can be a profitable opportunity, but knowing where to begin is key. Did you know that timber landowners who work with forestry consultants often earn significantly more, with better long-term outcomes? Similarly, mineral rights sellers who attract multiple buyers can see up to 40% higher offers compared to … Continued
percolation test

What is a Percolation Test? Everything You Need to Know

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If you’ve wondered, “What is a percolation test?” you’re not alone. A percolation test, or perc test, is a key step in determining how well soil absorbs water, which is essential for septic systems. Research shows that soil with a drainage rate slower than 60 minutes per inch may not support standard septic systems, which … Continued
selling land at auction

The Pros and Cons of Selling Land at Auction

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Selling land at auction can be a smart choice, but it’s essential to understand if this method aligns with your goals. Auctions are a dynamic part of the real estate market, generating over $25 billion in public auction sales yearly, highlighting their popularity and potential for competitive pricing. One of the clear benefits of auctioning … Continued
how much land appreciates per year

How Much Does Land Appreciate Per Year

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Understanding “How much does land appreciate per year?” is key for anyone considering real estate investments or land sales. On average, land values in the U.S. appreciate at a rate of 3-5% annually, with some areas seeing even higher growth. For instance, farmland values rose by an impressive 7.4% in 2022, reflecting strong demand and … Continued
land a long term investment

Is Land a Long-Term Investment?

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Investing in land has proven to be a reliable long-term strategy, with land values often appreciating faster than inflation due to population growth and rising demand. Did you know that land ownership offers up to 90% lower maintenance costs compared to other real estate investments? Land is a valuable asset that doesn’t lose value over … Continued
sell land without paying tax

Selling Land Without Paying Taxes: What You Need to Know

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Selling land without paying taxes might sound too good to be true, but with the right strategies, it’s absolutely possible. Did you know you can defer capital gains taxes and save thousands of dollars with a 1031 exchange? A 1031 exchange lets real estate investors put off paying capital gains taxes by reinvesting in similar … Continued
costs of clearing land

Breaking Down the Costs of Clearing Land

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Clearing land is crucial in preparing property for development, but understanding the costs involved is essential. On average, the costs of clearing land can range from $1,200 to $6,000 per acre, depending on factors like location, tree density, and the size of the lot. Additional expenses, such as stump removal or grading, can significantly impact … Continued
who pays property taxes on land contract

Who Pays Property Taxes on a Land Contract

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Understanding who pays property taxes on a land contract is crucial for both buyers and sellers involved in this unique financing arrangement. A notable fact is that in approximately 73% of land contracts, the buyer is responsible for property taxes, even though the seller retains the property title until all payments are completed. This responsibility … Continued
selling land for conservation preservation

Selling Land for Conservation or Preservation

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Selling land for conservation or preservation is not just a financial decision; it’s a chance to protect the environment and create lasting value. Did you know that an estimated 6,000 acres of open space are developed each day in the U.S.? By choosing conservation, you contribute to safeguarding water resources, wildlife habitats, and vital ecosystems. … Continued