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When I first started investing in land - there were a lot of little hurdles I had to get over. One of the common problems I encountered was the fact that it was really hard to locate some of these vacant land properties.
If you're a land investor, you probably know what I'm talking about because it is VERY common for vacant land properties to exist without a physical mailing address.
No street name. No address number. Nothing.
So where did this leave me? If I couldn't plug a street address into a mapping service like Google Maps - how was I supposed to find where the property was located? This was a serious obstacle because if I didn't know where a property was located, what it looked like, the shape of the parcel, the size of the property or what it's surroundings are - how was I supposed to know what it was worth and make an offer??
I eventually learned that there was always an answer on where a property is located. It was just a matter of whether I knew how to find it.
The vast majority of counties in the U.S. have what's called a Geographic Information System (GIS). These systems usually aren't user-friendly to work with, but if you care enough to go through the trouble of learning how it works - it can be a MAJOR help.
This information tends to be quite reliable and will give you data like:
- Property Sizes
- Property Dimensions
- Property Ownership
- Precise Property Locations
- Property Assessed Values
- Etc...
Each county's system is a little bit different and it takes some time to figure each one out - but it is absolutely worth the trouble. #realestate #retipster #sethwilliams #realestateinvesting #landinvesting
