Where Should I Begin My Land Investments as a Young American?

[Callie Carman]

Hello, I am 19 yrs. old and I want to begin investing in land but I don't know where to start. I want to start investing in assets early in life, and possibly become a landlord in the future. My budget is up to $70k and I will need help from family to start. I am majoring in Architecture so I will be NCARB certified and have a license in the future. I also have family ties in the real-estate industry; my uncle was the project manager for a county in GA, and another family member is the CEO of an architecture firm. My issue is that I don't know the basics and fundamentals of investing. What are the biggest factors of an area when looking to buy land, what should I look for? How should I use my family ties and education to make the most out of investing in land? Are there times of the year I should invest in, such as first Quarter?  How do I find out what area/lands development companies will want to purchase in the future?

[Jacob Thorpe]

Quote from @Callie Carman:

Hello, I am 19 yrs. old and I want to begin investing in land but I don't know where to start. I want to start investing in assets early in life, and possibly become a landlord in the future. My budget is up to $70k and I will need help from family to start. I am majoring in Architecture so I will be NCARB certified and have a license in the future. I also have family ties in the real-estate industry; my uncle was the project manager for a county in GA, and another family member is the CEO of an architecture firm. My issue is that I don't know the basics and fundamentals of investing. What are the biggest factors of an area when looking to buy land, what should I look for? How should I use my family ties and education to make the most out of investing in land? Are there times of the year I should invest in, such as first Quarter?  How do I find out what area/lands development companies will want to purchase in the future?

 A lot of the questions you asked you will have to learn by diving in, and learning hard lessons. Find a market or strategy, sounds like youre starting with land. I am not sure you can make money with only 70k in land. 70k is lower than most of the lots in my area. I cant see buying acers of undeveloped land with 70k..

Best thing you can do is take your money and partner with someone whos crushing it and joint venture on deals together. If you come with cash in hand, almost anybody will partner with you. Stay informed and read plenty of books!