Investing in Raw Land with Mark Podolsky, The Land Geek
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Raw land. Is it the undiscovered country of the investing world?
Mark Podolsky shares his experience buying, selling, and leasing raw land as an investment.
Unlike buying traditional real estate, purchasing raw land doesn\\u2019t require a lot of money. Mark outlines a process of looking for lots with unpaid property taxes, purchasing the lots, and then offering them to people who live along the plot line.
The key to a successful raw land purchase is to do the research and due-diligence needed to make sure you have a clear title or other obstructions to a hassle-free transaction.
After Mark\\u2019s interview, the panel discusses other thoughts behind investing in raw land - and the pitfalls you need to be aware of.
For more information, visit the show notes at http://moneytreepodcast.com/224\\xa0
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