How To Guide

Sometimes just seeing the basics gives us the real picture.

This buying guide by Wiki-How is a primer, with colorful slides, on what you need to do to have a successful property purchase. One thing missing is a reminder to talk with a Real Estate agent, like the ones at BuyWisconsinLand.com, who can guide you though these steps and make the process even easier.

Buying raw land is not as complicated as you might think. It's much cheaper than buying a home (with fewer strings attached), and probably the biggest step towards an independent future that you can make. Even in a place as settled as the United States, good property is still to be found, especially in rural areas, and often you'll find land that is quite reasonably priced, from around three to five thousand dollars an acre on a small parcel, and less if you buy more. However, you cannot live on raw land, it will have to have a lot of improvements. With today's building costs and the lowered cost of "already built" houses you may be better off looking for house or a fixer upper, or perhaps a foreclosure. Get the help of a realtor to allow you to see everything that is available, raw land and houses.

Full Story How to Buy Raw Land

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BuyWisconsinLand.com

My name is Roy Burlingame, and I am the Broker at BuyWisconsinLand.com.

I've successfully sold real estate for years by providing my clients with comprehensive market information and VIP service. And now, the latest technologies, many involving the Internet, are enabling me to do everything I've always done – but much more efficiently.

So when you decide that the time is right to buy your dream recreational property, hunting land or investment acreage, please don't hesitate to call 877-339-6535 or email property@buywisconsinland.com.

Also, please keep in mind that all my work to represent your best interests throughout the property search and purchase process doesn't cost you anything, and I’m sure to save you time, money and hassle.

Check out the latest listings across Wisconsin BuyWisconsinLand.com

Why Buy Land?

Mark Twain said "Buy land, they're not making it anymore".  But is that why you should invest in land?

In this article by Gregory Akerman at BiggerPockets.com there is some good information on why buying land is a good investment, especially when the economy isn't so great.

The world's economies are experiencing tremendous falls. In the media through television, radio and newspaper people are constantly talking about economic crises, recession and credit crunch. The trembling terror of bank crisis and financial bailout forces the brainy investors to change prospect from shares, forex, commodities to one of the most assured investments 'land'.

Why to invest in land?

Full Story Why Invest In Land During Economic Downturns

Find great Wisconsin properties - for recreation and investment - at BuyWisconsinLand.com

How Realtors Get Paid

Most folks know Realtors® gets paid a commission when a property is sold.  But exactly how does that work? Does the Seller pay or the Buyer? And how is the commission split between the Agents?

Check out our Wisconsin Fun Facts blog from January 15, 2010 with a link to a great article that explains real estate commissions.

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Large Acreage Properties

Looking for a large wooded acreage property in Wisconsin? Check out these listings.

Your own woods with trails close to Lake Petenwell, Wisconsin's second largest lake, 240 acres in Adams County $488,500 ADAMS 1355

Spread out on this 280 acre wooded parcel, close to Wisconsin Rapids, Rainbow Casino and the Wisconsin River in Wood County. $415,000 WOOD 1653

Looking for larger property?  Give us a call at 877-339-6535 or email property@buywisconsinland.com and we'll help you find your ideal recreation or investment property.

Liens on Property

A question that sometimes arises during the sale of a property is "does this property have any liens on it?". A great question, since when you make a purchase you don't want to take on anyone else's old problems.

However this problem can be quickly answered by checking the records at the courthouse, which is usually done by the Title Insurance Company prior to closing.  In Wisconsin, once you have a signed and accepted Offer to Purchase, your Real Estate Agent or bank will order the closing paperwork which will include Title Insurance. The Title Insurance Company will review the property records and report back on any liens or encumbrances it finds.  Then it's the Seller's job to take care of these issues before the closing date.

If you have questions about buying real estate, contact us anytime at property@buywisconsinland.com

How's the Market in 2013

Is 2013 the year the economy and real estate markets begin to rise? Stephen Malpezzi, a Professor at the James A. Graaskamp Center for Real Estate Wisconsin School of Business, gives his thoughts in this article published in Wisconsin Real Estate Magazine.

As I write the Graaskamp Center’s annual note to our friends at the WRA, news junkies like myself are toggling between compelling stories of human tragedy, including the December 14 massacre at Sandy Hook, and what AT the moment seems A less compelling-than-usual story of the economy. Mark Twain gave good advice when he said “write what you know”; so I’ll simply note the pain we’re all feeling, then focus on the economy. Once we return our attention there, there’s a lot to focus on!

In last year’s outlook, “Déjà vu All Over Again,” I noted:
“… we’re back to prices at or near fundamentals; employment is growing, albeit slowly; … I see another year of flat-to-modest growth in housing prices, with some downside risk if a big chunk of the “foreclosure glut” hits the market, though this will be less of a problem here than in the ‘sand states.’ If we did see further declines, these would, in the main, be temporary overshooting until we work through the foreclosures and other distressed sales.”

Full Story A Healing Market, Some Risks Remain

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Invest In Your Area

We've all heard the expression "go with what you know". This common sense knowledge can be applied to investing in real estate.

In this article by Mark Podolsky at biggerpockets.com see how this advice can be applied to investing in land.

It's become a cliché, but it really applies to land investing. Invest in what you know or buy in your backyard.  

Basically, if you live in Texas don't start your first land purchase in California. Look first in your own neighborhood.

Full Story Buy What You Know  

Check out all the great wooded acreages available across Wisconsin BuyWisconsinLand.com

1031 Exchanges Save Taxes

If you plan to sell property in 2013, you may want to consider a 1031 Exchange to avoid Capital Gains taxes. Check out this article by Kyle Koller on biggerpockets.com which explains why a 1031 Exchange can be good for you.

Most real estate investors understand the general concept of a 1031 exchange or, at the very least, have heard of it. Few, however, understand exactly what takes place within one of these exchanges and how powerful a tool it truly is. So let’s explore a subject that is close to everyone’s heart: not paying taxes on hard-earned money!

Full Story Don’t Pay Taxes on Your Capital Gains: 1031 Exchanges

For more information you can also visit the IRS website Like-Kind Exchanges Under IRC Code Section 1031

At BuyWisconsinLand.com, we will be happy to help with your search for property, and we can assist with a 1031 Exchange.  If you have questions just email us at property@buywisconsinland.com

Looking forward to 2013

We at BuyWisconsinLand.com wish you and yours a very Happy and Prosperous New Year. We look forward to bringing you more information and working together to find your ideal property in 2013.

Is the US Gaining Forest Land?

With so much talk about logging and tree diseases, you might be surprised to find that there is more forest land now than back in early 1900s.

Check out this blog entry from InvestingforOne that explains an industry report about US forest growth: Pop quiz: Is the U.S. gaining or losing forest land???

Find your own piece of the forest in Wisconsin (wooded property also makes a great Christmas gift!) at BuyWisconsinLand.com

Realtor® Job Interview

Finding the right Realtor® when you are buying or selling a property is key to an (relatively) easy and successful transaction.

In this article from the PeachtreeCorners Patch, you will find five questions you can ask to find out if this Agent is the right fit for you and your property. Although this article deals with a specific subdivision, the ideas and suggestions are the same no matter where you are buying or selling.

You are ready to sell your Peachtree Corners home, but how are you are going to find the best real estate agent to market your home?

Begin your search for an agent by talking with friends and family and find out who they hired and why. A word of caution, your friends and family may live in a different area and that could be a problem when hiring the best agent to get your home sold. Unless you are hiring your mother, pick an agent who works your area.

Full Story The Job Interview: Hiring a Realtor

Happy Halloween from BuyWisconsinLand.com

Establishing Land Value

No one wants to pay too much for anything, and the larger the purchase the more careful we all are about the cost.

In this eHow article see how the value of a property is established. Although this article is about homes, the steps for land purchases are exactly the same. And when you are looking to buy a hunting or recreational property, the team at BuyWisconsinLand.com uses the latest technology to get you the information you need to make an informed choice.

How to Establish the Value of Real Estate By Nicki Howell, eHow Contributor

First Time Land Buyers

Making a big purchase for the first time can be a little daunting, whether it's a refrigerator or a car or home. And the first time you buy land is no different.

In this article by Monte Mohn on ezinearticles.com you will find the three basic steps when considering a land purchase.  And remember having a good Realtor® to answer your questions will help you make sure the process runs smoothly.

Buying your first piece of land brings a new set of challenges. It is a little complicated task especially if you are looking for a land where you will be developing a new home, but no more worries because this article is made to serve as a guide for first land buyers. It explains how to go about purchasing the land in the first place before the development and selling process.

Full story 3 Tips When Buying Your First Piece of Land

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Research Before You Invest

As a Realtor who also helps people invest in real estate, I'm often asked about the advantages and disadvantages of buying various types of properties. My standard answer is that it’s just too difficult – and even risky – to generalize without reference to specific properties, particularly in a market like this one.
 
In every case a lot of research must be done before you invest. There can be many considerations around financing, a property’s location and condition, its income potential, terms of use, holding costs, and much more.
 
So if you’ve thought about buying an investment property – and trust me, there are some great deals out there right now – please contact me any time. Through experience, I’ve come to know what to look for and what questions to ask. I can also help you make all the important calculations that could influence your final decision.

Roy Burlingame, Broker, BuyWisconsinLand.com roy@buywisconsinland.com

Large Acreage Property

Looking for large wooded acreage?  Check out these listings from BuyWisconsinLand.com

Great hunting on this 240 wooded acres in Adams County with trails for hiking or your ATV. Just minutes from Lake Petenwell, Wisconsin's second largest lake. $488,500 ADAMS 1355

 

 

Here's a beautiful 160 acres on the Big Roche a Cri Creek, a class 2 trout stream. Hunt or fish, or just enjoy nature. $255,500 ADAMS 1336

 

 

Looking for whitetails?  This 160 acres in Jackson County borders County Lands and has trails for your ATV. 80 additional acres also available. $230,000 JAC 1225

 

Looking for larger acreage?  Email property@buywisconsinland.com and let us know what you are looking for, we look forward to helping you search for the perfect recreational, hunting or investment property.

 

Pros and Cons of Small Town Investing

Understanding how property investing in a rural area works is one of our specialities at BuyWisconsinLand.com.  We know these areas, and we can answer your questions or help you find the answer you need to make the right investment for you.

This article from by Kevin Peaks at biggerpockets.com has a great list of pros and cons of rural areas.  Then send us your questions and put BuyWisconsinLand.com to work for you.

City folk are often attracted to the country life. In many parts of the United States “the country” can be less than an hour’s drive away. I have seen more than one real estate investor (myself included) attracted to rural areas and small towns, but like anything there are pros and cons to investing in rural areas and small towns.

Full article The Pros and Cons of Investing in Small Towns and Rural Areas

Purchasing Rural Recreational Property

As we always say at BuyWisconsinLand.com, we use the latest technology to get you the information you need to make an informed choice when purchasing your dream property.

Today we bring you an another eHow article, this one by Kim Dieter, with 9 steps to follow when purchasing rural recreational property. As Ms. Dieter points out, if you do your research in advance, you should be able to make a successful offer on a truly great property.

Rural recreational property is acreage located outside towns and cities. Uses for recreational land include timber harvest, growing crops, camping, hiking, boating, fishing, hunting, photography, wildlife viewing and raising livestock. Investors attempt to purchase rural recreational property to make a profit. Land improvements and land-use enterprises often provide the means for a profit. For a successful investment, the type of property must match the intended use. Information about rural recreational land is available from many sources.      

Full story How to Invest in Rural Recreational Land

BuyWisconsinLand.com specializes in Hunting Land and Recreational Acreage.  Check out our website for listings in over 45 Wisconsin Counties and email your questions to property@buywisconsinland.com We look forward to working with you.

Wisconsin Foreclosure Law Overview

Many people are checking out foreclosed properties when it investing. Generally speaking this can be advantageous if you looking for a deal and have patience and time to deal with the process.  However the foreclosed property market is not for everyone.

This article by RealEstateInvesting.com has a great outline of Wisconsin's Foreclosure Law.  Please note this is just a summary of the law, and you should consult a Lawyer if you have any legal questions.

Wisconsin Foreclosure Law - Quick Facts

Find great properties across Wisconsin at BuyWisconsinLand.com

Small Acreage can be a Good Investment

Looking for a few acres out in the country?  A place to getaway and relax from busy city life?

Here is a 15 acre wooded property just south of Coloma in Waushara County.  Close to I39, just 1 hour from Madison or 2 hours from Milwaukee, located in a rural residential area. Near several fishing lakes and snowmobile trail. $59,000.  1810-1 Waushara County More acreage available.

This is 20 acres south of Wisconsin Rapids in Wood County.  Great hunting area, and close to Lake Petenwell, Wisconsin's second largest lake.  An hour north of the Wisconsin Dells. $36,750. 1649 Wood County More acreage available.

Need something larger?  Smaller?  Check out listings in over 45 Wisconsin Counties on BuyWisconsinLand.com Or let us go to work for you.  Just email property@buywisconsinland.com and tell us what you are looking for - we'll help you find your dream recreational property.