🎈GET THIS NOW: AUTOMATED INCOME MACHINE
1. Property Maintenance: Regularly inspect and maintain property boundaries, fences, and structures to prevent damage and disputes.Â
Read also:Â How to seize golden opportunities in real estate businessÂ
2. Zoning and Land-Use: Understand local zoning laws and land-use regulations to ensure compliance and avoid potential legal issues.
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3. Environmental Stewardship: Implement sustainable practices to protect soil, water, and wildlife resources, and consider conservation easements or certifications.
4. Liability and Risk Management: Understand liability risks and take steps to mitigate them, such as posting warning signs, installing safety features, and securing insurance coverage.
5. Tax and Financial Planning: Consult with professionals to optimize tax strategies, manage property taxes, and plan for long-term financial goals.Â
Read also: 4 smart ways to invest in landed properties
Additionally, consider:
– Keeping accurate records of property transactions, maintenance, and improvements
– Building relationships with neighbors, local authorities, and professionals
– Staying informed about local market trends, land values, and development opportunities
– Developing a plan for emergency situations, such as natural disasters or unexpected expenses
Remember, attention to these critical factors can significantly impact the value, productivity, and enjoyment of your land.
🎈GET THIS NOW: AUTOMATED INCOME MACHINE
🟣Dr Joseph Deji-Folutile
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