Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Land & New Construction
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

2
Posts
2
Votes
Joy Chambers
2
Votes |
2
Posts

Buying land versus unit dwelling properties

Joy Chambers
Posted

Hello I live in Ohio just starting out and was wondering is there any advantages of buying land over buying units already on the land either single-family or multi family units?

Most Popular Reply

User Stats

5,475
Posts
6,447
Votes
Remington Lyman
  • Real Estate Agent
  • Columbus, OH
6,447
Votes |
5,475
Posts
Remington Lyman
  • Real Estate Agent
  • Columbus, OH
Replied

You can live in the units if you buy them. If you buy land, then you need to build a house before you can live there. Buying a house can be easier because you do not need to pull permits for construction. A lot of people will rehab a property without pulling any permits because inspectors cannot see inside (not recommending or suggesting that I have done this ;), rather stating what happens). Also, construction costs are pretty high right now (at least in Columbus).

It is a lot cheaper to buy a used car then buying a new one. Also, I have no clue how to build a car or build a house but I can Google how to hook up a vanity.

  • Remington Lyman
business profile image
Reafco
5.0 stars
12 Reviews

Loading replies...