Epic Fail Buying Land for Investment

Just took the weekend to see some land I bought on speculation but never actually looked at. After seeing it, I feel it was probably a bad decision to have gotten it. However for anyone looking to buy land in Santa Cruz County, here are some links that may help:
Tax Defaulted Properties: www.santacruzcountyca.gov/Dep...
Tax Title Services: www.taxtitleservices.com/
Title Company that uses Tax Title Services: www.doma.com/
Tiny Home on Wheels Ordinance: sccoplanning.com/Portals/2/Co...
Pod-X: podxgo.com/pages/grande-s1
#passiveincome #landinvestment #landinvesting

[@DjMines]

I bought land a while back. Held for 2 years. Sold it for a small profit. Purchased bitcoin with it. Best thing I ever did! Up almost 100%

[@DoItJustinKace]

Nice work! Did the same out in Denver, but it was better land.

[@WassupFred]

How much was the land?

[@DoItJustinKace]

@@WassupFred like $19K

[@bluenetmarketing]

I bought a Florida condo and lost $70k, so I understand what you are going through.

[@DoItJustinKace]

Sorry to hear that. What was the location?

[@bluenetmarketing]

@@DoItJustinKaceIsle of Capri next to Marco. Do NOT ever buy any property that has a home owners association. You lose all control and value.

[@jessesteeves9876]

A tiny house would definitely be worth it. Also I would think there are design/engineering firms that can develop that lot for you and it is still worth it for how cheap you got the land for. Nothing a lil earthwork can't fix.

[@DoItJustinKace]

The larger issue here is regulations in California, and more specifically in Santa Cruz. They make it almost impossible to do any earthwork. But I am going to try to make it happen. I mean the same amount of land flat cost 300 times what I paid for this.

[@alexanderannunziata9479]

Justin. I am a full-time contractor. It would be awesome to build a tree fort Air BnB. Not sure the codes but id be willing give it a shot.

[@DoItJustinKace]

Hey, just subscribed to you! But you're in New Hampshire, right? This is out in Cali. Happy to chat about it if there's there's a place I can DM you.

[@Armchair-Investor]

Thank for sharing your experience.

[@DoItJustinKace]

Yeah. Bummer deal. I should stick to crypto right? Was kinda hoping I could mount stuff on the land to mine crypto. But the trees are too tall.

[@coreybikes]

After the fold out house, I see chickens in your future. 😉 Self sustainability here we come!

[@DoItJustinKace]

Can't wait! I wanted to do that, but my HOA won’t let me.

[@mancavecrypto7750]

How about a bunker instead? Build underground.

[@DoItJustinKace]

Got a bunk recommendation? I'd love to see my options online! Then I'd keep the road blocked so no one knows about my fallout shelter!

[@mancavecrypto7750]

@@DoItJustinKace No, sorry :-) I red somewhere a while back people were buying a capsule you would install undeground. Some looked pretty dope. Wasnt really following any developmenta on this. Also, you can do like a hobbit hut and AirBnB that sh#t.

[@Cryptoscammersbeware]

That poor power grid will be begging gas to come back in and help.

[@DoItJustinKace]

Yeah. I hear ya. And there is gas lines to all the old houses. So it's there.

[@kenczerwinski6365]

I like your channel.

[@DoItJustinKace]

Thanks!

[@cardanium5790]

Cons and pros, please, Justin .

[@DoItJustinKace]

The pro is that land values tend to go up. More so in an area like this. Con is that sometimes crap will always be crap.

[@teknologyguy5638]

Thanks for sharing, would like to see more here.

[@DoItJustinKace]

More to come!

[@darrenboone4239]

There was a guy that did the same, turned out that after a survey they found a rock query, a company made him an offer of 2Bil, and of course he accepted.

[@DoItJustinKace]

Ha! Probably was larger than an acre I'm guessing. But I will probably do a survey just to know what my options are.

[@Open928]

Love it ! I like the curveball that’s not crypto related. You are trying to find a way to be successful /support your family and or become financially independent!

[@DoItJustinKace]

Thanks. I hope we're all trying. And any success I'll let you know about!

[@WassupFred]

Good video bro .. thanks for sharing your experience.. ur a smart guy.. sometimes u gotta learn lol 😂.. but that house in INSANE!! air BNB on the way!!!! Good luck bro 🫡

[@DoItJustinKace]

I'm still hoping I can make something happen. But the surveys want $5K just to verify borders!

[@gabrielhelgan4051]

Set a 5g helium antenna there in the meantime 👍🏼

[@DoItJustinKace]

I wish! Trees block everything including the light needed to power it all!

[@TheAwesomedude4u]

Make it a Glamping spot lol

[@DoItJustinKace]

County doesn't allow it. But that would be awesome if I could!

[@TheAwesomedude4u]

lol dang. Grow farm it is

[@DoItJustinKace]

@@TheAwesomedude4u gotta build that underground grow farm…

[@cardanium5790]

Oh yeah .. that's what i was looking for .. I'm planning to do this with huge acreage up north Michigan 🤞🤞

[@DoItJustinKace]

Good luck! You mean the UP or just up north?

[@cardanium5790]

@@DoItJustinKace Canadian borders

[@619ota]

Buying land in California was a HUGE mistake 🤣🤣🤣

[@DoItJustinKace]

I do like owning giant redwood tress.

[@Jon-ky6st]

What about a sweet treehouse!!! Anyways good luck, sad that it turned out to be disappointment.

[@DoItJustinKace]

Thanks! Still working on making lemonade from lemons! But super bummed at the moment.

[@deanmartin1447]

Rule 1 never buy land in California. Justin you have to get permits for everything and those permits expire rather quickly. Arizona and Texas is were you want to buy.

[@DoItJustinKace]

I’m really thinking about Arizona right now.

[@user-sd5nf4mr6d]

Can't lose this real-estate lol😅 and earn rent 😂 jk. And enjoy my helium mobile referrals. Thank you. Keep doing what you do !

[@DoItJustinKace]

Hey, no risk no reward! Thanks!

[@LovethisNation]

Great topic, but I feel for anyone trying to buy land in places they hate Individual progress. Banning natural gas, seriously. Smh

[@DoItJustinKace]

I feel you. But where else can I own a little slice of a redwood forest? And where I never need air-conditioning?