Whether you're thinking about holding for the long term or starting right away on building your dream home, land is a great and affordable investment. Land has historically gone up in value over time as the Earth's population continues to grow, especially in the areas where RTO is focusing on properties for sale. Land is a smart investment no matter what you plan to do with it, and some owners add a couple minor improvements such as grading, fencing, gravel, water or power, fire-pits, trailer, RV parking or other amenities prior to selling their properties for tens of thousands more than original purchase price.
Land is relatively inexpensive to buy, especially when using an RTO Land Agreement, but it's even less expensive to maintain. For example: Lets say you choose to do nothing with your land and just sit on it as a long term investment. You'll probably owe less than $100 per year, per acre in property taxes (in most cases, and only after the deed is in your name) and you won't owe anything else besides that minimal property tax. Unlike a rental home or other piece of attached real property where the original purchase price is high, and you also need to spend money year after year on maintenance, insurance, repairs and depreciation - with land, it costs far less to purchase and almost nothing to maintain.
One of the greatest things about owning land is that is a flexible asset that gives you lots of possibilities, freedoms and the independence to do what you want-at your own pace. For example: you could choose to hold your land for a long term investment and do nothing and spend nothing ever again. In contrast, maybe you want to make your land into a weekend getaway, a campground or an ATV course. How bout creating your own RV Park, a storage yard for classic cars, or other business vehicles trucks or equipment, so you can stop paying monthly storage fees. The possibilities are endless and the independence and freedom that comes with it as an added investment is priceless.
Most properties listed on RTOLand.com (not all, but most) come with a designated United States Postal (USPS) Address and mailbox. What this means is that as soon as your deed is recorded with your name as the owner, you can start using your address to send and receive mail and deliveries, update your drivers license, social security card and more. Depending on where you currently live, your vehicle registration and insurance rates may drop drastically because of this simple address change! Other benefits could mean that you no longer have to pay non-operational fees on spare vehicles like California residents do. Many other fees may drop drastically by using your new rural postal address.
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Homestead laws allow owners to declare a portion of their real property as a "homestead," thus sparing it from creditors in the event of a bankruptcy or other financial hardship. Originally intended to protect families from losing their farms, homestead laws now apply to homes, condos and residential cooperatives. For example; Nevada's homestead law calls for an automatic exemption that protects equity in a home up to $605,000. The Homestead law does not protect you against debts secured by a mortgage or deed of trust, payment of taxes, IRS lien, mechanic's lien, child support or alimony payments. Learn more at Legal Aid Center of Southern Nevada.
RTO, Land Holdings, LLC does not represent to know and cannot legally advise it's guests of this site to building guidelines, allowances or disallowances or other permitted uses - and you should confirm with State, County and/or City guidelines before obtaining, entering into a contract to obtain, or beginning work on a property in consideration. Furthermore, RTO Land Holdings, LLC does not recommend attempting anything posted on this website including building, grading, upgrading, renting, hosting, homesteading, adding off grid technologies or other things known or not known listed on this website or in an RTO Loan Agreement, without first speaking to outside independent council including a legally licensed contractor and/or a County Planning/Zoning Professional.