How to Identify (and Avoid) Wetlands - Part 1

[@terrykellum8922]

I'm so very thankful that I came across your video. In 2 weeks i was going to close on 70 acres that i was going to develop and part of it has standing water. It was overgrown so it was hard to tell how large of an area this affected. The FEMA flood map showed no issues but old timers in the area told me it had issues for years. Upon watching this video I looked it up and it showed nearly 30 acres was considered wetland. This video saved me lots of headaches and plenty of money!!! Thank you so much

[@perrinpartee557]

They can boost value in MIssissippi flyway. Some wetland Duck hunting properties in Arkansas 10k per acre

[@RayEA777LLC]

Good job. Yes, flood mapping, soil mapping, and wetland mapping is only a guess from high elevation photography. Much of the mapping is decades old now as well. In 1995, we conducted a study of 24 sites in agricultural areas of the glaciated Midwest just 10-15 years after areas were interpreted for the NWI The accuracy of these products. Soil or NWI mapping alone was only 60% accurate to estimate hydric soils or functioning wetlands on site. Even with these products combined, they were only 80% correct, compared to on the ground delineation using the Y-87-1 methods still in use today.

[@Retipster]

Oh wow, that sounds horribly inaccurate for not even being that old. I can't say I'm that surprised, though. Thanks for letting us know!

[@shaunchoy6780]

What was the cost with consultants and surveyors?

[@LandAcademy]

Amazing video on wetlands and why we as land investors should avoid it. Thanks for sharing.

[@WiseSilverWolf]

How did you find the property for 2k? most of the lots where I live that you can find on Redfin, Zillow, etc have asking prices of 50k+

[@Retipster]

I found it with a delinquent tax list from the county. I've got a blog post that explains how it works here: retipster.com/delinquent-tax-list

[@kw-dv3vl]

This was so helpful, thank you.

[@Retipster]

Glad it was helpful!

[@zivahbelen5782]

Awesome information I have a question regarding the invasion of Poultry Farms taking over American it's a outrageous! Stinky and bad for the air quality. It's there information to avoid this as well?

[@ThePrettyGirlInvestor]

Are you looking to buy more land? I have 219.14 acres and 5 houses in Dallas, GA!

[@robertgrays8790]

Land I'm interested in buy has riverines running by or through it. Can a building still be constructed in the area?

[@megg7558]

Back in Europe we just put a stick into the soil far as it goes, several meters and if the stick is wet then you know it won't pass the perc test. We might test the soil under different weather conditions.

[@Retipster]

Ah, that sounds a little easier. :) Maybe a bit less 'scientific,' but it sounds like it gets the job done.

[@producerkee4202]

Can you build on Fws land.?

[@annfla10]

Thank you for sharing this great info.

[@Retipster]

Thanks for watching, Ann!

[@cooldeesir]

Great video. How much does it cost for an agent to do a wetlands delineation?

[@Retipster]

You'd want to find a wetlands consultant for this, and I think their prices would vary based on the size of the property and how complicated it is (and some consultants will probably have different base rates they charge for the same job)... so you'd probably be best off doing a google search and then contacting a few to see what the cost might be.

[@megg7558]

I was told about $400 for .25 acre land.

[@chuba6785]

Thank you this video. This was a great information.

[@user-sy6uo9vz6o]

Thank you for your information.

[@p39483]

Why isn't this stuff disclosed? It's basically a government easement. Seems like something a lender or title company would care about too.

[@Retipster]

Yeah, good point. It probably should be disclosed... IF the seller even knows about it (and that isn't always the case). It could be something that varies from state to state (in terms of what the law does or doesn't require). I'm sure lenders probably do care about it... as for title companies, it's probably not a big concern to them, because the usability of the land is more on the shoulders of the buyer.

[@Esha911]

Yea we got duped. If I would’ve known this we wouldn’t have bought this house

[@bullbear3345]

Where is yhe link?

[@Retipster]

Here you go: www.fws.gov/wetlands/data/Mapper.html

[@TOMMYSURIA]

Where are the links, Seth? Thanks

[@manmani2463]

thanks a lot was very helpful

[@DavidRanalli]

Wetlands are a real estate opportunity if you know how to make them functional for things beyond creating buildings.

[@Retipster]

What kinds of alternative uses have you been able to use them for, David? Do share!

[@DavidRanalli]

@@Retipster Wanna do a collab interview about wetlands? Your video was very good and I have a feeling we would have a great conversation. My local region is continuing to strip wetland protections and our convo could help.

[@drobgyn5615]

Thanks bro. I hope you're well.

[@Retipster]

Thanks for watching! I hope you're well too.

[@drbrianmicheal]

If you're buying property without knowing it holds wetlands you shouldn't be a real estate investor.

[@markbrody1289]

At least you have nothing to complain about. Turning $4,500 into $45K is every real estate investor's dream, i.e. making 1000% profit minus expenses.

[@Retipster]

Very true!

[@darlenechaney6989]

I bought 5 acres for a great price,I now know why,I have .37. of an acre of buildable property. happy happy joy joy. NOT !

[@Wildadventurousoutpost]

You can build on any part of your land you have to pay the fee and get the permit to build. Cost goes by square foot you are going to remove

[@catkit86]

God forbid you can't destroy the environment!