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Updated almost 8 years ago,
Newbie land investor looking for first step
Hey all,
I hope I'm not part of some annoying trend, but I recently discovered the land investment niche after hearing an interview with Mark Podolsky on a podcast. I have never invested in anything other than the stock market, and have zero knowledge of the workings of buying/selling/leasing land. I'm capable of learning most things pretty quickly, as long as I have sufficient educational resources to pull from. This brings me to my question: What are the first 5 things I need to learn before attempting to make my first investment? If there are any YouTube channels, blogs, or other resources that have helped you get started as a land investor, please share. I'm also curious how much people have invested on their very first land purchase.
Stories from people who had no prior experience would be especially useful, since that is my situation.
Thank you!