Author: erlstealth

sell land as-is vs improvements

Selling Land As-Is vs. Improvements

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Selling land as-is vs. improvements is a decision that can impact how quickly your property sells and how much money you walk away with. Did you know that properties sold as-is often fetch up to 20% less than those with improvements? While the idea of skipping costly repairs or upgrades can save you time and … Continued
selling land with existing structure or improvements

Selling Land with Existing Structures or Improvements

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Selling land with existing structures or improvements can be a profitable but complex endeavor. Recent statistics show that land sales rose 1.2% in 2023, with much of the market activity driven by properties with added value, such as structures or developments. The value of U.S. real estate land now stands at $18.6 trillion, underscoring the … Continued
role of title insurance in land transactions

The Role of Title Insurance in Land Transactions

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Title insurance is a crucial safeguard in land transactions, protecting buyers and lenders from potential financial setbacks caused by title defects. The title insurance industry plays a massive role in real estate, mitigating an estimated $600 billion in risk annually, making property ownership rights clearer, and reducing disputes. With the average cost of title insurance … Continued
understanding zoning laws and regulations when selling land

Understanding Zoning Laws and Regulations When Selling Land

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Selling land involves more than just putting up a “For Sale” sign. Understanding zoning laws and regulations when selling land is key to making the process easy and successful. Zoning laws affect over 87% of U.S. land, influencing everything from property use to its potential value. Steve Daria and Joleigh, well-known real estate investors and … Continued
cost to build mansion

How Much Does it Cost to Build a Mansion

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Building a mansion is a dream many aspire to, but have you wondered about the exact cost behind such a grand vision? On average, the cost to build a mansion varies between $500 and $1,000 per square foot. This means constructing a luxurious 10,000-square-foot mansion might cost anywhere between $5 million and $10 million. While … Continued
cheapest house to build

Top 3 Cheapest House to Build

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Creating your dream home doesn’t have to cost a fortune, especially when you focus on the top 3 cheapest house to build. Statistics reveal that affordable housing options like pole barn homes, modular designs, and barndominiums can cost as little as $50 to $275 per square foot, offering incredible savings compared to traditional homes. Prefabricated … Continued
make land pay for itself

How to Make Land Pay for Itself

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Owning land can be a gateway to endless income opportunities if you know how to make land pay for itself. Did you know that undeveloped land comes with low tax rates and can be used for passive income, such as leasing for agriculture, hunting, or even billboard advertising? The average value of U.S. farmland has … Continued
how many acres do you need for hobby farm

How Many Acres Do You Need For a Hobby Farm

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Starting a hobby farm opens up exciting possibilities, but a key question often arises: How many acres do you need for a hobby farm? The answer depends on your farming vision. A report by the USDA notes that small farming activities, like growing vegetables, can thrive on just 1-2 acres while raising livestock might require … Continued
good size lot for a home

What is a Good Size Lot for a Home

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Choosing the right lot size is important when planning to build or buy a home. On average, a single-family home in the U.S. is built on a lot size of around 8,600 square feet, but the “right” size varies based on needs, location, and budget. A good lot size can ensure you have enough space … Continued
how close can you build to property line

How Close Can You Build to the Property Line?

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Knowing “How close can you build to the property line?” is essential for anyone planning construction or renovations. Zoning laws and property regulations often require buildings to maintain a setback distance, which can range anywhere from 5 to 25 feet depending on local codes and the type of structure. A misstep could lead to fines, … Continued