Find Cheap Land
What is cheap land?
Cheap land is not cheap per-parcel; rather it is cheap per-acre. A small quarter-acre lot picked up at a tax sale for $995 is not really cheap land. The price per-parcel is cheap, at $995, but the price per-acre is $3,980. To find cheap land, you must find a cheap per-acre price. For instance, 643 acres for $118,955 is a much more expensive per-parcel price, but the per-acre price is very cheap at only $185.
Where can you find cheap land?
Land that is truly cheap -- land that is priced under $250 per acre – is close to becoming extinct in the United States. The few tracts of land for sale today at this price are found mainly in Texas, Wyoming, South Dakota, Nevada and New Mexico. And this price will normally only be available on tracts of 10,000 acre sizes or larger.
How can you find cheap land?
The best ways to find cheap land are checking advertisements in small newspapers in rural areas of these states; talking with real estate brokers who specialize in large tracts of land; and searching the Internet.
What good is cheap land?
If you find cheap land, you have found one of the few assets known to man that can’t be stolen, destroyed, outdated by new technology or reproduced – and in future years, it is guaranteed to still be here and to be worth more money than it is today. So the answer is that cheap land is a very reliable asset to hold for the long-term -- and in the meantime, it can be used and enjoyed.
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