Scott Todd is a principal at Landmodo.com, a land investment firm that buys and sells land throughout the US. Scott and his wife started the company to help others have a chance of land ownership.
Since 2012, Scott has watched as land owners make the same common repeated problems when it come to buying and owning land and he’s on a mission to help others discover how to avoid common issues with buying and owning land.
Land acquision is one of the most common goals among the TSP audience. Some want farms, some want homesteads, some want BOLs and others just land for investment. The smartest among you want all of those in one.
The issue though is land while a great investment is also full of risks. Worse most people have been lied to and believe that land and home ownership is largely the safest of all investments. Well purchased smartly it can be, yet their are 5 huge pitfalls you need to avoid to make that happen.
Today We Discuss 5 Major Problems When Buying and Owning Land
- Buying land without confirming that the deed is transferable
- Not having an exit strategy
- Not understanding the 3 deed types
- Not holding title correctly
- Not understanding the limitations of the land
Resources for today’s show…
- Join the Members Brigade
- The Year 1628
- Join Our Forum
- Walking To Freedom
- TSP Gear
- The Duck Chronicles – Video Series
- Backwoods Home – (sponsor of the day)
- Harvest Eating – (sponsor of the day)
- PDF of My Sausage Recipes
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