Real estate investing is all the rage, but is it for you? There are risks and expenses when it comes to making improvements, repairs, and maintaining renters. Investing in land is another option instead of real estate.
In this episode, I talk to Brent Bowers, a vacant land investor, about what investing in land looks like, where to start, costs, and mistakes to avoid.
Brent is an Army veteran and founder of The Land Sharks and focuses on buying and selling vacant land. His time in the Army and the time he was spending away from his family led him to make some changes in order to be more present with his wife and children. His interest in real estate began in 2007 when he purchased his first home. While Brent invests in many different types of real estate, his favorite investment strategy deals with buying and selling vacant land.
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The Military Money Show is supported by Navy Federal Credit Union. Navy Fed is helping military members and their families tackle homeownership
during these high-interest rate times with their new no-refi rate drop. The way it works is if you buy a home now and mortgage rates drop later, you could lower your rate by paying a low fee instead of refinancing and paying thousands in closing costs. You can learn more at navyfederal.org.
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