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

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

Member since 2025 · 2 posts · 0 votes

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?

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Lender · Lake Geneva WI, USA · Member since 2023 · 141 posts · 72 votes
1y
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!

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  • Lender · Lake Geneva WI, USA · Member since 2023 · 141 posts · 72 votes
    1y
    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!

  • Member since 2025 · 2 posts · 0 votes
    1y
    Quote from @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!


     Thank you,

    But how do I find people I can trust and won’t take advantage of my age? Are there red flags to look out for?

  • Real Estate Broker · Denver/Castle Pines/Colorado Springs, CO · Member since 2021 · 248 posts · 136 votes
    1y

    For a land strategy, going 40 miles out from a large city center and buying plots has always interested me. Just know that you won't make any money on the land for a very long time in most cases. If you can get it dirt cheap somehow and maybe flip it, then you could profit. 

    As for trusting folks, just ask for their experience and evidence of it. That is a quick way to weed out people. 

  • Lender · Lake Geneva WI, USA · Member since 2023 · 141 posts · 72 votes
    1y
    Quote from @Callie Carman:
    Quote from @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!


     Thank you,

    But how do I find people I can trust and won’t take advantage of my age? Are there red flags to look out for?


     People wont take you seriously for your age, people will attempt to take advantage of you regardless of age or experience. I have just read a book about this, and a business owner spoke about his employees who would take "multiple taxi trips in one day" or "dine at the most expensive restaurants even when alone" its just something that will happen. In real estate, you have to watch out for contractors. Be aware of excuse makers, people who will seem bothered by you verifying what they say, perpetually late people, people who seem so busy they always have 'something going on'. There is always a notable reason why someone is wasting your time, likely they are trying to take your money and too lazy to do the work. RE is filled with these type of horror stories. The first lender I worked with had gone into lending because on his first commercial flip we lost over 250k because of a contractor. You can lose a lot of money from a contractor, and alot of time. So don't be afraid to hold them accountable, push the issue. Find a good lawyer you can make a relationship with to have in your back pocket should you need to sue, use strong contracts, use work tracking apps like busybusy, always have a couple of different contractors on speed dial so you can fire them and replace them immediately. you've got to be bullish, have strong goals in mind. At the end of the day, money talks so don't be dissuaded by age or lack of experience. That being said, 70k is flip money or buying a rental, not land money, I don't know of any development that can be done with only 70 grand but I could be wrong.

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