If nothing happens on the land, why do people say you still have to go look at it?
Coming from zero here. The appeal of land banking to me was that there's no tenant, no roof, no calls at 11pm. You buy it and you wait. Then I read a post where someone found out a neighbor had been dumping on their parcel for two years, and another where somebody's fence had been moved and there was a question about whether that created a claim over time.
So now I don't know how passive this actually is. On one side, going out to a parcel twice a year is not a job, it's a couple of afternoons, and it's how you catch dumping, timber theft, or someone using the land like it's theirs. On the other side, plenty of people hold rural acreage for a decade and never set foot on it, and the whole point is that raw land doesn't need anything from you. Aerial imagery updates yearly for free in a lot of counties, so maybe looking at a screen is enough.
I'd rather learn the habit now than learn it after something happened. How often do the people here actually go stand on their land, and what are you looking for when you do?
How often do you physically visit land you're holding?
12 votes