So, You Want to Buy a Piece of Dirt?
Looking through our list of properties brings a wistfulness to my soul. These aerials are breathtaking. If you haven't browsed our properties lately, you should go take a gander. The property that is catching my eye today is the 100+ acres in Rockledge, GA. Who wouldn't want to own property in a place with a name like Rockledge. To my writers mind it has a romantic feel to it. But the property itself is beautiful from the sky. The planted pines give it continuity and the clay dirt roads give it a burst of color that paint a beautiful picture. Take a look at this property.
Buying land is becoming ever more popular in the investment world. Many are doing the buy and flip version hoping to make a little more than they spend with very little time invested in the tract. But others are taking a different approach and actually developing property with housing or commercial buildings. Either way, there are many things to consider when investing in a piece of property.
I came across an article that discusses some ins and outs and ups and downs of land investing. It gives some great advice on what pitfalls to look for and what strategies to use to get the most out of your investment. You can find the article here on The Balance website.
In a nutshell, you need to determine your goal in purchasing the property. Do you want this piece of dirt for yourself to build a homesite? Or do you want to buy it to develop or maybe you just want to flip it in hopes of a higher return? You have to determine your goals before you can determine if it's the right buy for you. Secondly, you need to know and understand the land intimately. What can you do with it? Is it eligible for commercial build? Can multi-family dwellings be established? Is it suitable for farming or planting pines? Can I use it now to generate income? There are many factors to consider when purchasing property. Unless you are well versed in land, it's probably not the wisest thing to do without consulting an expert.
Our team of experts at Carter Group have been dealing in land sales for most of their adult lives. They have a connection with the earth around them and will help give you wisdom and insight in your next land purchase. Your first step is to reach out to them and let them know what you desire in a piece of dirt and they will help you find the right piece that will meet your needs. And contrary to the article, our guys can point you in the right direction to help you get financing for that piece of dirt that will bring joy to your life!
We'll talk to you soon! And we hope you have a Merry, Blessed, and Peaceful Christmas!