SEVEN TIPS ON SETTING UP THE LANDSCAPE TRANSACTION
Posted by Jim Johnson in Land
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- GETTING TO KNOW TWO OR MORE LANDSCAPERS IN YOUR AREA IS PART OF DEVELOPING YOUR COMFORT ZONE. It is important that you obtain some basic information early about the cost in landscaping. You will find that maintaining shrubs and plants is one of the best ways to improve the value of a property. However, the larger and more mature the plant, the more costly it is. You can buy a small plant for $2.50 that will be worth $150 in a few years. Many landscapers have price lists that they provide to real estate developers and contractors.
- BECOME A LANDSCAPE WHOLESALER. It is easy for you to become a "qualified" buyer of wholesale products by incorporating or taking out a city occupational license as a "decorator" or "home repairer." Usually nothing more than a municipal fee of $25 or so is required for that tide. Then if your state has a sales tax, contact the local sales tax office and get the forms and a tax identification number. This is required for businesses that will buy wholesale and sell retail. Then (depending on your state), it may apply the sales tax. That tax number is the key to the wholesaler that you have done the required steps to be able to buy at the below-retail price.
- BUY A BOOK ON LANDSCAPING. Get one that has photographs or illustrations of plants and check the values of those plants with the price lists. Always use the wholesale price since that is the maximum price you will get from a landscaper.
- WHEN YOU FIND A PROPERTY LOADED WITH VALUABLE PLANTS, DO A THOROUGH EXAMINATION AND LIST THE PLANTS ALONG WITH THEIR SIZES. Go to a couple of landscapers to see if they are interest ed and at what price. It is possible that information alone could entice you to buy the property.
- NEVER CLOSE ON A PROPERTY BASED ON THE VERBAL PROMISE FROM THE LANDSCAPER. Tie up the property first, give yourself an out or two in the contract, and then get firm quotation from two or more landscapers. Make sure the prices are "in-the-ground" prices and that when they remove the plants they will any holes left.
- IF YOU NEED PLANTS FOR THAT OR OTHER JOBS, CONSIDER TAKING SOME DEAL WITH THE LANDSCAPER IN TRADE FOR YOUNG PLANTS.
- Do NOT OVERLOOK THE FACT THAT MANY OLDER HOMES LOOK BETTER ONCE THE LANDSCAPE HAS BEEN CLEANED OUT AND NEW SMALLER PLANTS HAVE BEEN PUT IN PLACE. It could be that a complete change in the landscape around an older property can give it such an uplifting look that values can be increased overnight. By using your contacts with the landscapers, you will find that you can buy and also sell plants profitably.
Dealing successfully in landscape does not mean only tropical items or crops. Keep in mind that beautiful green grass can be turned into green cash too. The sod may be expensive, but if that five acres of yard is just sitting there waiting for the right person to sell it, why shouldn’t you be that person?
Author: Jim JohnsonPlease Rate This Article
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Loading ...Tags: Agricultural Land, Buy Vacant Land, Landscape Property
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