Is Buying Land A Good Investment Right Now?

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Kristina Smallhorn

Kristina Smallhorn

Күн бұрын

Пікірлер: 400
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
Are You Still Thinking OF Buying Land This Year? For Investment or To Build A Home? (To watch: LAND YOU SHOULD NEVER BUY!) kzbin.info/www/bejne/sHTLZ42ngqmVhJo
@iseetheglory4593
@iseetheglory4593 2 жыл бұрын
Could someone steal the deed and title to your home/land????
@idontlikeyou247
@idontlikeyou247 2 жыл бұрын
The market is actually gonna crash . So you should wait
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
@@idontlikeyou247 When? And what will be the catalyst to make it crash?
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
@@iseetheglory4593 they can fake a deed. It would be difficult to steal it as those documents are filed in the court house.
@idontlikeyou247
@idontlikeyou247 2 жыл бұрын
For instance all the small investors who couldn’t pay there mortgage because tenants didn’t have to pay because of covid will either get foreclosed on or sell they’re home . I just watched on KZbin a landlord said his tenant owed over 100k in rent in his luxury home . You take his situation and multiply it across the country . I’ll wait to buy when people lose there houses
@creativesolutionsart-h3o
@creativesolutionsart-h3o 2 жыл бұрын
People need to start being allowed to build alternative style structures. I know it’s hard to get Neighbors and the county on board with us, but there are some beautiful sustainable environmentally friendly home structures that are not traditional that are better for the environment and don’t encounter the same problems with labor and construction supplies. Would solve a lot of problems for a lot of people. Earth ships are one such structure that can be done many different ways. Thanks for this video :-)
@valerieann2751
@valerieann2751 2 жыл бұрын
Absolutely agree. I really don’t understand the minimum sq ft requirements. I am disabled, and would love to build a very small house on a foundation. But I cannot find land that doesn’t require 1200-2000 sq ft minimum. Makes no sense to me. You can have a very nice looking home that Is small! And very quality . It’s frustrating.
@creativesolutionsart-h3o
@creativesolutionsart-h3o 2 жыл бұрын
@@valerieann2751 Yes, very frustrating… There’s a man in New Mexico who started the earth ship movement and he actually got some laws changed for architecture and structures in his area. I wanted to contact him and find out how he’s able to get around these restrictions in other areas. They have projects in Pennsylvania and in Canada. Would be worth looking into. The homes are also self sustainable and he actually teaches a program that helps people learn about water catchment and off grid power sources. The materials used in the structures are also re-purposed from landfills, for example tires… It’s very fascinating stuff you can look it up here on KZbin :-) we definitely need more freedom then our home structure choice
@UserError7861
@UserError7861 2 жыл бұрын
@@valerieann2751 The thought behind the minimum sqft is that it helps preserve the value of the houses and neighborhood. Basically they want to prevent someone from building a 100k house in a development of houses valued significantly higher. A house is typically the most expensive thing someone will purchase. So while the minimum sqft can be an inconvenience, I can understand people wanting to protect the value of the properties.
@mafp22w
@mafp22w 2 жыл бұрын
I spit up sometime when I sing of the “land of the free”. The self righteous “NIMBY’s” are very selfish and have no consideration for the plight of many who are just looking to get shelter. These minimums should go away in the same way that prohibiting solar has gone by the wayside. As a former planning commissioner for more than one city, I’d rather my tax money go to a welfare recipient than to a government employee. At least those on welfare don’t make the lives of others miserable.
@actionfaction2558
@actionfaction2558 2 жыл бұрын
I agree.
@strykerman8590
@strykerman8590 2 жыл бұрын
I got an acre of land in Illinois with a pond, branch and fbi pole barn building on it for 8k! Last September. Best thing ever. Also had a vintage camper on it. Seller sold it cheap because it was really overgrown
@snowygirl131
@snowygirl131 2 жыл бұрын
Congratulations!
@actionfaction2558
@actionfaction2558 2 жыл бұрын
Nice.
@deadtreebark
@deadtreebark 2 жыл бұрын
Congratulations, you won, except you live in the same state as Chicago
@michigandersea3485
@michigandersea3485 2 жыл бұрын
@Ari GSD It's Illinois. Most ponds there are man-made. Almost all natural ponds/wetlands were drained for cropland 100 years ago before all the pesky regulations.
@timothykeith1367
@timothykeith1367 2 жыл бұрын
Where in Illinois? Property values downstate can be 60 percent of the U.S. average, which is inflated because so many Americans live in mega cities.
@jettnatchez4776
@jettnatchez4776 2 жыл бұрын
I bought 150 acres for $150,000 put a used remolded manufactured home. 10 years later it’s worth over a million. I live near Houston... I love not having close neighbors and no HOA I have some animals and lots of peace!
@uberalles2
@uberalles2 2 жыл бұрын
We bought land and built on it. Yes it is time consuming and an effort. It took a year to build. The pluses are we don't have to deal with an HOA, our water is free from a well and we can do whatever we want on our land.
@ownsilver
@ownsilver 2 жыл бұрын
I see a lot of people buying houses with a small postage stamp yard to me that is crazy, If you are going to buy a extremely over priced home I would at a minimum have some property around it, we regret we did not buy a place with more land we only have 3/4 of an acre at least enough room to grow our garden to help fight against the coming food shortage and price inflation, it will be rough for big city folks no garden
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
My dream is to have a couple acres and three tiny homes. One for me, one for my husband and one as a main room. That’s the dream for me.
@edisonorellana3515
@edisonorellana3515 2 жыл бұрын
Food shortages are just a KZbin conspiracy
@ownsilver
@ownsilver 2 жыл бұрын
@@edisonorellana3515 What's really weird president biden and the agriculture department is in on the youtube conspiracy along with other foreign governments
@actionfaction2558
@actionfaction2558 2 жыл бұрын
@@KristinaSmallhorn I had an idea very similar to that…building multiple separated bed and baths wit small sitting rooms attached, with walkways and water gardens intermittently connecting them. And having the kitchen as a separate build too. …future goal still possibly.
@Vex916T
@Vex916T 2 жыл бұрын
@@edisonorellana3515 You definitely being ignorant or a troll. The Govts across the planet are telling people to stock up on foods and people in many nations are rioting for food e.g. Shanghai, Sri Lanka, eastern europe, south americas, africa, etc. And the US Govt is literally burning food storage buildings across USA and they've been forcing many USA farmers to dump their produce for the last two years which some farmers leaked their experiences on social media. So for you to say food shortages is a youtube conspiracy shows you will be one of these people who will be begging for food because you failed to prepare and heed the warning signals.
@shawncrabtree7000
@shawncrabtree7000 2 жыл бұрын
It depends on locations but buying lands is the BEST LONG-TERM INVESTMENT if you buy your lands at the RIGHT locations. Lands NEVER lie to you. Owning lands will make your GERERATIONS rich.
@actionfaction2558
@actionfaction2558 2 жыл бұрын
Agreed. It has worked for my family, My great grand dad’s investment reached all the way to me…I kept it alive for the next 4 generations by reinvesting in more raw land.
@kauigirl808
@kauigirl808 2 жыл бұрын
My bf bought a couple of lands and now he keeps getting non stop offers from people wanting to buy it for cash. Obviously it depends on your goals. We purchased an RV so that way my bf can live in it while building on it. There was nothing. No water or power. Now there's water and power so it's more desired. More value.
@actionfaction2558
@actionfaction2558 2 жыл бұрын
Same for me. I had been looking for property for 20 years, finally found it. And folks always calling with offers… It’s funny.
@kauigirl808
@kauigirl808 2 жыл бұрын
@@actionfaction2558 ikr!
@dnap2526
@dnap2526 2 жыл бұрын
@@actionfaction2558 did you go through a website or a broker
@actionfaction2558
@actionfaction2558 2 жыл бұрын
@@dnap2526 nope, buy owner advertising, saw it in my local paper. I did have an agent looking for me…but, I was actively searching and found it on my own.
@astrahcat1212
@astrahcat1212 2 жыл бұрын
Unpopular opinion (sorry): Land is a HARD ASSET, that means you won't be able to get rid of it if you need to quickly. Like the overalls Kristina.
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
True! Recently people who’ve held onto land around here are making a mint. Oh, and Thank you. They are wicked comfy.
@Jeff-ik3hn
@Jeff-ik3hn 2 жыл бұрын
@@KristinaSmallhorn wicked--you must be from the northeast originally!
@youtubesucks1499
@youtubesucks1499 2 жыл бұрын
Land is an absolute must. As soon as it's paid for you can build an off the grid housing. With the way the world is going.... great option to have
@BY-rl7sk
@BY-rl7sk 2 жыл бұрын
I want to see the country so it won't be ideal for me to buy a land and to live in an area
@youtubesucks1499
@youtubesucks1499 2 жыл бұрын
@@curtissharris8914 So when the liberals take over.. what's your plan?
@donhgr
@donhgr Жыл бұрын
Land is always a great investment as long as you do your do diligence and don’t over pay. They’re not making land anymore and there’s a big difference between buying land and lots.
@modularhomehunters8837
@modularhomehunters8837 2 жыл бұрын
I am in the manufactured home industry. I just came across your channel. I love your videos. Thank you for educating people on the truths of manufactured homes.
@diegoruiz7600
@diegoruiz7600 Жыл бұрын
Gonna buy a small piece of land amd build a 10x12 cabin on it
@youtubesucks1499
@youtubesucks1499 2 жыл бұрын
Yes, owning land is a must. It's affordable and is a fall back when the economy collapses. You can build an off the grid house for 8k.
@erikadee8668
@erikadee8668 2 жыл бұрын
Yea, but then who says they will even allow you to have your off grid home on your land? It seems like they are making up rules to make it harder for people.
@kalvinsampson4443
@kalvinsampson4443 2 жыл бұрын
@@erikadee8668 they are
@youtubesucks1499
@youtubesucks1499 2 жыл бұрын
@@crowhomestead7552 Dude, welcome to pioneer days. Who said ANYTHING about electricity?
@youtubesucks1499
@youtubesucks1499 2 жыл бұрын
@@erikadee8668 Its called off grid because there is no electricity.
@youtubesucks1499
@youtubesucks1499 2 жыл бұрын
@@crowhomestead7552You can absolutely build an off the grid home for 8k
@zanesutherland406
@zanesutherland406 2 жыл бұрын
If the local government and community really cared about affordable housing they would let people build the type of house they want. Imagine how cool subdivisions would be if there were earthships, manufactured homes, cabins, straw-bail, tiny houses, etc all mixed in. The world would be a better place with that kind of diversity and humanity. Get rid of minimum square footage and stuff like that.
@snowygirl131
@snowygirl131 2 жыл бұрын
Maybe. Hate cookie-cutter, but hate overgrown, poorly executed and/or poorly maintained also. Ugh! Happy mediums are so hard to find!
@eddieteabagify
@eddieteabagify 2 жыл бұрын
Imagine a hodge podge squatter type neighborhood that most people would not invest in or want to raise kids in. That is your vision.
@jimharney1047
@jimharney1047 2 жыл бұрын
If someone wants to develope a mixed home type of community, then they should be able to. I don't agree with the minimum square footage requirements at all. There is a lot of nimbyism going on. People forget that when they purchase a home lot in a neighborhood, that they don't have any right to force someone else to build a similar home or one that they like.
@michigandersea3485
@michigandersea3485 2 жыл бұрын
Most local governments are run by the local upper middle class, who also tend to be the most classist and therefore want to keep things looking "prosperous" regardless of the reality. Low income people generally don't get involved in local government to say their piece.
@michigandersea3485
@michigandersea3485 2 жыл бұрын
@@eddieteabagify How about you let those kind of neighborhoods exist, but you just don't live in one if you don't like it? There will always be plenty of uptight highly regulated neighborhoods in America.
@DarrenMalone253
@DarrenMalone253 2 жыл бұрын
I’m a mortgage broker of 32 years and I have built a large custom home, very complicated in design. Your videos especially this one is so genius! Thank you Christina for educating here and your advice is extremely well thought out and correct. Bravo 👏
@paintnoir
@paintnoir 2 жыл бұрын
I purchased 3 small parcels for a tiny house on wheels. I got them dirt cheap at tax auction ☺️
@AcmePotatoPackingPocatello
@AcmePotatoPackingPocatello 2 жыл бұрын
1) drainage is key associated with deep soil. Fruit trees need drainage Garden needs drainage House Foundation needs drainage Additionally a house that flooded once WILL flood. ..your better off buying 1 acre of great ground, quiet, drainage, view, 3/4 cleared, than buying 10 acres of swampy soil in some hollow.
@floydlholt9829
@floydlholt9829 2 жыл бұрын
A manufactured home isn’t bad, I don’t know why people look down on them. As for land, you’ll be surprise about the number of people who don’t walk the land before buying land and ends up with encountering preventive issues.
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
I think if you had a dream home in mind and you have no choice but to get a manufactured home I can see how that would be disappointing.
@Krazie-Ivan
@Krazie-Ivan 2 жыл бұрын
"don’t know why people look down on them" ...materials/fasteners/etc are subpar, creating an inefficient structure more prone to weather/water/animal/insect damage. fast deterioration means frequent repairs, which cost a higher percentage of the structure's initial value. at some point they begin to intersect & owners tend to see less cost-benefit, which leads to fewer repairs & further damage & even less value. once you know about truly forward-thinking construction materials/techniques/designs, stick/brick/block homes start to look like junk too.
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
@@Krazie-Ivan when was the last time you actually looked at a manufactured home? They are not what you are describing and haven’t been that way for years.
@AA-rc4zr
@AA-rc4zr 2 жыл бұрын
I looked at them a couple of years ago. They are poorly made and the structural design is very limited. By the time you get the mechanicals (plumbing, electrical and foundation) ready for installation and install, you are not significantly cheeper. In fact the newer trendy manufactured homes (which are not modular old cheapies) are more expensive that building on site. The only advantage is that they are faster. You still have to deal with your local building department, permits and the nonsensical regulatory stuff. Currently, most manufactured home companies don’t offer help with this. If they took care of all the pre installations stuff too, I could see value in their offerings.
@chrisk2898
@chrisk2898 2 жыл бұрын
Our neighbors across the street bought an extra plot next to their house back when they built their house back in the 60s/70s and never used it for anything. They put it up for sale on Monday so my wife and I are trying to get cash together to buy it.
@g.t.g1111
@g.t.g1111 2 жыл бұрын
The county May ok you placing temporary dwelling RV or Manufacturing home. However, the HOA if applicable may not.
@nataliefontane
@nataliefontane 2 жыл бұрын
I can't stand square footage requirements for new construction. In my opinion, that is a hinderance to homeownership. Six thousand square feet is enormous, and no first-time buyer that isn't a millionaire would be looking to build something that big.
@botaccount3449
@botaccount3449 2 жыл бұрын
@@crowhomestead7552 megamansion requirements lol
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
True!!
@tinawrinn2549
@tinawrinn2549 2 жыл бұрын
You can also go to county clerks office and look up new developments going in.
@dandierschke6033
@dandierschke6033 2 жыл бұрын
Great video presenting critical bits of information. I am an agriculturist and 40 years ago I constantly heard the mantra "buy land because they are not making any more". A developer paid $15,000 an acre for a neighboring property. He went broke, the financial intuition folded, and the Resolution Trust Corporation wound up with it in its portfolio and eventually liquidated it for $900 and acre. Taxpayers ate the loss. Fast forward 35 years and the buyer sold it for $20,000 an acre.
@jonathanheath2710
@jonathanheath2710 Жыл бұрын
I just recently got into the mobile home business and I’ve really enjoyed watching your content!
@Palucu
@Palucu 2 жыл бұрын
I just love these videos. I have no money to buy anything. But I like the knowledge and you are so much fun to watch.
@andreawisner7358
@andreawisner7358 2 жыл бұрын
11:35 Land-buying checklist.
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
Thank you. :).
@bdwon
@bdwon 2 жыл бұрын
Lots in San Antonio are inflated in price even more than housing stock . . . and Texas taxes land heavily unless it is tax exempted as agricultural or wildlife conservation or homestead land.
@timothykeith1367
@timothykeith1367 2 жыл бұрын
My property in San Antonio was appraised at $10,000 for the land when I bought it and is now appraised at $100,000
@chefbrooklyn5140
@chefbrooklyn5140 2 жыл бұрын
Hi Kristina great imformation thanks
@FoxSleeping
@FoxSleeping 2 жыл бұрын
Manufactured house? They’ve raised their prices 200% like everyone else.
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
If its temporary and you are buying cash, you can buy a pre-owned one.
@jessecreegan9451
@jessecreegan9451 2 жыл бұрын
I bought mine out of a park. It was sort of like getting a car from a used car lot. It can stay right where it is until I get the land to move it to.
@jamesb.armstrong5433
@jamesb.armstrong5433 2 жыл бұрын
That's why we canceled a purchase on one.
@matthewpino5580
@matthewpino5580 2 жыл бұрын
We're in escrow right now on a piece of land that we don't mind waiting 2 or 3 years to build since we have other real estate holdings that already bring in revenue and like you said it's to expensive to build or buy existing housing now.
@cwalt6558
@cwalt6558 2 жыл бұрын
We’re prepping to sell our home in downtown Tampa - to buy outside of Tampa. Never would live in an HOA/development. A quarter of an acre in Tampa is usually at 100K & up - 10 acres (5 buildable/5 swap) is 1.8 million. It’s wild..
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
Land has shot up in price the past couple of years. Nothing like homes but still significantly.
@jaredcolombel
@jaredcolombel 2 жыл бұрын
I brought the land out right after selling my home. I designed a barndominium and after all the headaches and heartaches with securing the sub-contractors and suppliers I scraped the idea, I ended up going with a traditional stick frame and it was the best option. Don’t do a manufactured home, it’s throwing cash in the garbage.
@caryn8248
@caryn8248 2 жыл бұрын
I want to buy a modular home but with everything as expensive as it is today and the length of time that it takes to get anything done, it is very discouraging. Until things get better I will just continue to watch your channel and learn more and view manufactured home tours on other channels and just dream.
@Misajoejoe1
@Misajoejoe1 2 жыл бұрын
I was thinking purchasing land and wait for a couple, few, or several years to build on. Thank you for this advice! The areas in Austin is going up almost weekly!
@dwatt8004
@dwatt8004 2 жыл бұрын
I own residential lots in Austin, Lago Vista, Canyon Lake, New Braunfels, Spring Branch…If you need a lot to build on let me know.
@timnewman1172
@timnewman1172 2 жыл бұрын
#1: DO YOUR HOMEWORK!!! The state I live in has many rural properties, but be really sure that is where you want to live. Rural acreages are not the easiest places to live. If you don't have at least a 4wd vehicle and a tractor, it probably isn't for you. #2: Buying a place with an existing marginal home could be a better deal than starting from scratch. Figuring the cost of a well & septic system can easily add between $20 to $30K + in cost alone. #3: What are the roads like? Unless it is located on a paved secondary road, maintenance can be iffy. Needing to get out in the middle of winter to get to work could be a deal-breaker if you can't get your road opened right away!
@carefulconsumer8682
@carefulconsumer8682 2 жыл бұрын
Excellent lecture. Thank you. Do NOT trust the realtor and the lawyer for the RE company. As the lady in the video says, you go yourself to the Title Company and check. And get EVERYTHING in writing.
@lynnbetts4332
@lynnbetts4332 2 жыл бұрын
You can also check the appraisal district records. Most of them are online these days. You can see if it changed hands recently and if it has any current ag exemptions that would carry through.
@BY-rl7sk
@BY-rl7sk 2 жыл бұрын
That's why I buy a home inside a HOA community bcz the owner of a HOA community already researched everything I need for me and they make sure everything is top notch incentive/quality to attract buyers !! I don't need to research whether the community is near a dump site or power line etc for instance ...
@worthshop
@worthshop 2 жыл бұрын
I had my land paid off, in order to purchase a manufactured home, they wanted my land as part of the loan. So if one day they repo the home, they would get my land too. That risk on paid off land was not worth it to me. So I gave up on building, or setting up a manufactured home. Selling the land and bought 2 fixer upper houses. Feel like I am way further ahead with the fixer houses than I could have gotten in the next 5 years on my land.
@cherylcampbell7495
@cherylcampbell7495 2 жыл бұрын
They’re calling for another meeting on water conservation here in AZ. Getting serious. I bought two acres in the 80’s. Had to hook up electricity/polls. Septic tank $10,000. Had a well thank goodness. Double wide and had to build up road. $5,000. Neighbors next door a few years later had a dump yard. Sold and moved. Oh yeah neighbors let their dogs run loose in packs. Killed goats, chickens and ran more horses all over the field. Had to put in an electric fence. Oh the joy of owning property and the headaches with it. Burning garbage was also a treat.😂😂
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
Burning garbage smells so so so bad!!
@jimharney1047
@jimharney1047 2 жыл бұрын
Homesteading is definetly not easy or inexpensive. But it's not as bad if your able to diy and not live to close to others.
@lynnbetts4332
@lynnbetts4332 2 жыл бұрын
@@jimharney1047 That takes at least 50 acres to be away from neighbors. Even then, watch the configuration of the land. Narrow and deep still puts you close to neighbors.
@remingtonA123
@remingtonA123 2 жыл бұрын
My wife and I are moving to valley springs CA next year and we’ve been trying to decide wether we want to buy land 3-5 acres and put either a modular home or manufactured home on it or just buy a house with a couple acres that’s already on the market our budget is roughly 400k
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
If you can buy a modular or manufactured home that's ready to be set up, that would be your best option. So many people have been waiting 18-20 months for a ordered manufactured home.
@curtissharris8914
@curtissharris8914 2 жыл бұрын
My sister had a mfg home o. A permanent foundation she just sold. It was really nice on a view lot 3600 sqft.. what a pain in the #&% it was to deal with from realtors down to the lenders. Based on that I'd never and I mean never choose that route.
@DonTruman
@DonTruman 2 жыл бұрын
I haven't had much experience with real estate investing, but was a silent partner in a large commercial property. We bought the land and held it for several years. During that time we had to pay quite a bit to keep cutting down the weeds.
@thomasmorrison3279
@thomasmorrison3279 2 жыл бұрын
I personally think the stock market is a much better investments than raw land. Easy to liquidate, no tax until you sell and no squatter or liability issues.
@botaccount3449
@botaccount3449 2 жыл бұрын
Well said
@thenewlife7588
@thenewlife7588 2 жыл бұрын
Land is closer to gold and silver in terms of perceived value. The stock market is more like a casino.
@dianariggs8604
@dianariggs8604 2 жыл бұрын
I've been looking at land in Paradise, CA. There is lots of properties available due to the fire that wiped out the whole town, only issue is that home insurance is over $2000/yr.
@bfukngu8841
@bfukngu8841 2 жыл бұрын
I love it when you go on field trips
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
I like being outside too! It makes my spirit happy.
@darrenoconnell9716
@darrenoconnell9716 2 жыл бұрын
Me too! These on-site videos are my favorites! Cute outfit.
@dianawilliams-coe7747
@dianawilliams-coe7747 2 жыл бұрын
I would like to buy the land now and wait a few years to build just outside the city.. a little homestead (INDIANA)
@horseygirl645
@horseygirl645 2 жыл бұрын
Thank you Kristina. Great information. Janet
@mileydisfunes4120
@mileydisfunes4120 2 жыл бұрын
Absolutely agree with you in every single situation you put in this video …it’s insane everywhere
@danpan001
@danpan001 2 жыл бұрын
I live in California I sold a lot several months ago without agent but there is no risk of clear title because the Escrow firm will make sure title insurance company can issue a title insurance policy before the transaction takes place.
@tinawrinn2549
@tinawrinn2549 2 жыл бұрын
Tired of loan companies thinking of Manufactured housing as non real property. This needs to change!
@freshbrownie_
@freshbrownie_ 2 жыл бұрын
Great info on purchasing land!! btw Awesome hair Kristina!! Looks great! :D
@jessecreegan9451
@jessecreegan9451 2 жыл бұрын
I bought my 2016 single wide home out of a park and love it. looking for a piece of land to just move my house out to, cash heavy because I just sold all of my properties.
@davidhutchinson5233
@davidhutchinson5233 2 жыл бұрын
Great video Kristina. Truly.
@zakman9244
@zakman9244 2 жыл бұрын
If you are considering raw land and it does not have city sewer , make sure that the land will pass a perk test for the septic system !! Almost No One ever thinks about that !!! It's already been covered in this video about flood zones and wet lands as you can not install a septic system on those lands . The Government along with the EPA and DNR has been on a push for aerobic systems which is a type of septic system's . But the average price for those are about $20,000.oo to $25,000.oo plus being registered and requiring chemical's and inspection's to ensure the chemical's are being added to treat the waste . So those are additional costs above the installation costs not to mention the yearly costs of maintenance and the extra costs to service the systems !! Everyone forgets about the stuff in ground that is very costly !!
@Living_LovingSanDiego
@Living_LovingSanDiego 2 жыл бұрын
Thanks for the information.
@patrickdurham8393
@patrickdurham8393 2 жыл бұрын
Bought a three bedroom mobile home on 15 acres for 210,000 just over a year ago and it's already worth $300,000. So glad I didn't buy in the city.
@theoracle6881
@theoracle6881 Жыл бұрын
Was the mobile home already there as part of the purchase?
@patrickdurham8393
@patrickdurham8393 Жыл бұрын
@@theoracle6881 Yes, it's a 95 but had been completely remodeled.
@glbligliliyglihglig
@glbligliliyglihglig 2 жыл бұрын
Very helpful video for me at this time, I retired 3 years ago and with this crazy real estate market right now I am considering an acre or two and putting a manufactured home on it. I currently rent but it is getting out of control, I am currently looking into all you have touched on in this video and it's become lengthy, there is so much to know and find out, but I would rather find out up front then after a purchased. From what I have found out so far this could be an expensive proposition.
@StellaVonLooks
@StellaVonLooks 2 жыл бұрын
Thank you for the info!
@lauracornwell9129
@lauracornwell9129 2 жыл бұрын
You're such a great source of information! Thank you! (Just wish you were in our area!)
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
Thanks for watching. At least I can help a little when you are out shopping for real estate.
@lynnbetts4332
@lynnbetts4332 2 жыл бұрын
Definitely be wary of any property on a private road or one that needs an easement to get to (landlocked). Who keeps up the road? Is the easement to the property legally laid out and described on the deed, not just an 'easement of use'. Unless it is on the deed and plat, the landowner whose land you cross just has to give you access, and not necessarily the access spot that has been in use for years. They could force you to cross in another spot less suitable (marshy, steep, undrivable). Recent case where a farmer blocked access to 2 properties his parents had sold off. One had cattle on it and the guy couldn't feed his cattle, and the other owner couldn't get to his brand new home. That's working it's way through the courts, but at least they got a temp injunction to keep the easement open.
@EnzoNino11
@EnzoNino11 2 жыл бұрын
I just want to put prefab on the land, like a Boxable although it seems it's going to take years to get a Boxable, but looking at other prefab homes.
@Orehia
@Orehia 2 жыл бұрын
Great info,Thanks for sharing.Will share in my groups.
@michellemarie1197
@michellemarie1197 2 жыл бұрын
My husband and I bought a mobile home with a $600 mortgage payment including homeowners insurance and pay $380 lot rent. In my area I've seen lots for sale (without HOA) zoned for single family home building to be only $15k to $35k which is surprising cause acres of land are freaking expensive and already built single family houses have gone up as well as just taxes and straight rent has gone up, I'd love to buy my own piece of land that's my end goal.
@rogerfloyd852
@rogerfloyd852 2 жыл бұрын
Where at?
@jeffhallel8211
@jeffhallel8211 2 жыл бұрын
Great advice Kristina. Always do the homework before investing.
@DavidSmith-fr1uz
@DavidSmith-fr1uz 2 жыл бұрын
I have bought quite a few acres for just a regular guy over the years as investment. I can tell you that you need to begin with a clear vision of what you want. Develop that vision until you can see it in your mind. Categorize all its components. With each component ask yourself, what would be required to do or have that? Keep foremost in your mind that there is a restriction or limit on everything. Not just government restrictions but natural as well. That is, ask yourself, what would prevent me from doing that?
@monicahane1769
@monicahane1769 Жыл бұрын
Where did you buy your land and for how much?
@gshann73
@gshann73 Жыл бұрын
Just found your channel. Very informative.
@lindsays9976
@lindsays9976 2 жыл бұрын
Going tiny is HARD. I even looked into building a carriage house just to meet the min. Sq footage requirements on land but thats too expensive. Ughhh
@derekb4life
@derekb4life 2 жыл бұрын
So Kristina, when are you going to write a book on buying land? Love your videos.
@brendacruz9969
@brendacruz9969 2 жыл бұрын
This has nothing to do with land.. but where did you get your jumpsuit? They look nice!
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
Amazon, lol amzn.to/37LB7ou
@charlenemorgan8299
@charlenemorgan8299 2 жыл бұрын
Thanks for this information this is what I was thinking of doing. This really opens up to what really going on
@euroasiabtlimited3208
@euroasiabtlimited3208 2 жыл бұрын
Hi you give fantastic advise . Thanks for spreading the word.
@Winky398
@Winky398 2 жыл бұрын
Great info, thanks so much! That scream close to the end of the video around 14:09 is crazy!! What is it?
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
It was a firetruck. LOL
@sheilapendley1716
@sheilapendley1716 2 жыл бұрын
KRISTINA!!!!!! WE LOVE YOU!!!!!!
@zaphodsrealm1549
@zaphodsrealm1549 2 жыл бұрын
Long Term... real estate can't be beat
@alfredosanchez170
@alfredosanchez170 2 жыл бұрын
Thanks for the handy checklist!
@lillispad6780
@lillispad6780 2 жыл бұрын
Kristina what are are you in? We are in Belle Chasse Louisiana but it's expensive here and not a lot available here
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
Ascension Parish
@sherih8879
@sherih8879 2 жыл бұрын
What type of lenders will do Land in Lieu as I also have a parcel of rural property < 5 acres and had to put down 25% so I have that invested and now have limited access to cash now?
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
Every state is going to have different lenders available to you. Always check with your local credit unions first.
@MeditationParadiseLand
@MeditationParadiseLand 2 жыл бұрын
Great advice Kristina Thumbs up Always!💕The person who is reading this comment, I wish you great success, health, love and happiness 💖
@guygioia2470
@guygioia2470 2 жыл бұрын
I am exactly in this position right now. Looking to retire in 2 years wanted to buy land and build from scratch, but I see it is insane. I started looking at Modular and that seems insane too. I have a 2 years. Do you think I should buy the land and just sit on it for a few years ? I have a place to live and a house to sell.
@curiousworld7912
@curiousworld7912 2 жыл бұрын
My father bought 40 acres of land in a rural county, decades ago, and left it to my son when he passed away. It's undeveloped land, and absolutely beautiful. The taxes on it are only around $20/year. He gets offers for purchase through the mail, all the time. Should he just hold onto the land, as my father did, or could he use the land as collateral for a home-build on the property, if the supply situation ever clears up?
@djack915
@djack915 2 жыл бұрын
I'd hold it if I was him !
@jasmynesartstudio
@jasmynesartstudio 2 жыл бұрын
Hold
@ellencox8415
@ellencox8415 2 жыл бұрын
Hold.
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
HOLD!!!
@curiousworld7912
@curiousworld7912 2 жыл бұрын
@@KristinaSmallhorn Thanks. That's what I was hoping you'd say. :)
@cjplay2
@cjplay2 2 жыл бұрын
Thank you. Great stuff to know.
@Gangsta_Granny_Go
@Gangsta_Granny_Go Жыл бұрын
A guy from -- wait for it -- California, bought the lot next to us and by the end of the pandemic the price on the house he was building had gone up $200,000. That didn't include water pipes to his home, electric, or sewer.
@Republiks
@Republiks 2 жыл бұрын
Kristina is the realtor you need
@jbart7510
@jbart7510 2 жыл бұрын
My wife and I purchased 16acs in 2017 for $5k/acre. Based on the county and location exploding it can sell for about $10k/acre. At what point is it smart to say ok I've made the most I can make or maybe hold on longer? Or subdivide and sell smaller lots? Your professional advice is gold lol
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
I’d consult a locale realtor the get there opinion as every market is completely different. On a personal note, if I doubled my money and had no personal attachment to the land I’d cash out and buy rentals)
@kaitlync.5079
@kaitlync.5079 2 жыл бұрын
10k an acre is amazing. You cannot find anything in TN that percs under 60k an acre.
@jbart7510
@jbart7510 2 жыл бұрын
@@kaitlync.5079 It percs in multiple spots... We live in a rural area of woods and creek bottoms....but it's the fastest growing county per capita in the state... Becoming less country unfortunately... Makes me wanna sell it all and move further into more country lol
@virginiomaldonado2746
@virginiomaldonado2746 2 жыл бұрын
Always great info!!
@DodgerFan209
@DodgerFan209 2 жыл бұрын
Thank you, Kristina! I bought an empty lot last year and your videos were/are very helpful! My current plan is to put a manufactured home on it but we'll see what happens 😃
@Deidra-vu4hn
@Deidra-vu4hn 2 жыл бұрын
I am looking to purchase land. I have been looking for a home for 8 months nothing fits what I need. I understand the supply chain issues and waiting but I have circumstance that is preventing me from getting a house that is being built
@Merlinsluck
@Merlinsluck 2 жыл бұрын
Thank you for your videos. I was wondering if you have any pertaining to those people who want to buy raw unrestricted land to live off grid? I am in Texas but would also like to look in New Mexico, Oklahoma, and Colorado. Any suggestions, pitfalls, or websites would be greatly appreciated. Thank you.
@gailhanks2065
@gailhanks2065 2 жыл бұрын
Great information, thank you.
@erikadee8668
@erikadee8668 2 жыл бұрын
What are the reasons for restrictions on manufactured homes or RVs? Why can’t I just purchase land and live there in my RV if I want to?
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
Every county in every state are going to have different rules and restrictions. You will have to check with your specific area to find out what they are.
@Bay_Archer
@Bay_Archer Жыл бұрын
I love you. I wish you were with me in this buying process (or figuring out how to buy process).
@daniels.3129
@daniels.3129 2 жыл бұрын
This was super helpful thank you!!!
@andrealmoseley6575
@andrealmoseley6575 2 жыл бұрын
Probably looking for already built now. Not sure. Was looking for land but you've brought up a lot of thoughts. On the other hand we're not looking to move right away so two house payments would be a stretch currently.
@gomez619
@gomez619 2 жыл бұрын
I bought 4.2 acres in Colorado in March 2021 and now it's worth over $50K... Now I have options...
@jamesjackson3528
@jamesjackson3528 2 жыл бұрын
Hey love your content I go back and watch Older videos pre coco
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
The videos where I wear wigs and have my kids in them, LOL
@jamesjackson3528
@jamesjackson3528 2 жыл бұрын
Yea funny
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
Those were very fun to do.
@Oscar-of5ni
@Oscar-of5ni 2 жыл бұрын
So if I buy land and a prefabricated house I can only live there for two years I have a friend who's been living for years on his movil home
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
Not all areas have those rules, I was using it as an example.
@Oscar-of5ni
@Oscar-of5ni 2 жыл бұрын
@@KristinaSmallhorn ok, thank you I was worried because I want to buy s prefabricated house
@garymoore3446
@garymoore3446 2 жыл бұрын
Thankyou sweetheart...great advice
@Watermelon_Shuga
@Watermelon_Shuga 2 жыл бұрын
How can we use land as a down payment to build a home ourselves without a contractor or buy a manufactured home. We sunk all our money into a property with an older mobile home that probably isn't worth renovating and we need to get into a healthy home fast with nothing left in savings. Looking for zero down or very low down that we have to save for. We're in a money pit due to being priced out of the COVID housing bubble. I didn't want to loose my down payment on a home when the bubble bursts by owing more than the house is worth and losing the down payment equity. So we bought a Fixer upper that is pretty much just land value.
@fifitis03
@fifitis03 2 жыл бұрын
How about buy land and put a all ready made manufactured home on it?
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
Pre-owned manufactured homes are awesome if you can find them right now. You won’t be able to finance it because it’s been moved before.
@fifitis03
@fifitis03 2 жыл бұрын
@@KristinaSmallhorn 🤦‍♀️
@gailstone5998
@gailstone5998 2 жыл бұрын
Thank you
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
You're welcome
@swatikapoor8395
@swatikapoor8395 2 жыл бұрын
Thank you so much for this video!!!
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