Where can I buy land and building?
Hello Reddit, 


I was scrolling through loopnet and I can't seem to understand if the land is included or not? Do all of them include the land or is most of them just the building?
[{"id": "er33et8", "text": "That depends on the property. If it's a ground lease, you would just be buying the building/structure. If it's bare land, then you just get... land. Otherwise, you're probably buying both. You need to do your due diligence on any property you're looking to buy so you know exactly what you're buying and what condition it's in.", "replies": [{"id": "er33pl6", "text": "Thank you,\n\nWhich platform would you recommend when researching? I'm fairly new to the game so any advice would be greatly appreciated. \n\nEx. Loopnet, reonomy, Google, broker...", "replies": [{"id": "er34p08", "text": "Depending on where you're buying, public records can be useful (assessor's office, etc.). Brokers can be very helpful, but keep in mind that their outlook tends to be fairly optimistic. I used to have access to CoStar, which was nice but expensive. \n\nI work for a company doing due diligence for them. We tend to get info from broker's up front, edit their Argus models to our liking and check public records, then if we go under contract we will order 3rd party reports (Zoning, Phase I/Environmental, Property Condition Assessment, ALTA survey, etc.). If you're totally new to this, I would recommend finding a company who will do your due diligence for you.", "replies": [{"id": "er35a8i", "text": "Thank you! I am pretty new so I will find a company like that. What's the name of these due diligence companies? So I can search and easily recognize them?", "replies": [{"id": "er36d8i", "text": "I think it will vary depending on where you are located. Google will be your friend here.", "replies": [{"id": "er36mzr", "text": "Gotcha, I'll search for some.", "replies": [{"id": "er3ec2k", "text": "I've been a commercial broker/ property manager and I'm a native in Nevada. Dm me and I can probably help guide you.", "replies": [], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}, {"id": "er3i8q1", "text": "Get a broker man. The online brokerages for commercial real estate like loopnet work better as information platforms to gather MARKET data rather than data on specific buildings, and are not good platforms to look for things to buy. Listings are usually inacurate or out of date on these sites, and often are just fishing expeditions for brokers anyway. Get a broker, go out in the market, touch and feel some assets, use your eyes and ears and feet. Buying RE isn't like buying a stock, you need to interact with real people and see real assets in person to buy correctly.", "replies": [{"id": "er3icgg", "text": "Ok sounds good. I'll set up an appointment for next week. Thanks", "replies": [{"id": "er3ijrw", "text": "Good luck! Dealing with brokers is a pain in the ass but its worth it to make sure you buy something worth investing in.", "replies": [{"id": "er5pv8q", "text": "Aspiring broker here, what makes it a pain in the ass?", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "er33yja", "text": "Most of the time the building comes with the acreage of surrounding land in the parcel. Look at the listing, and read the details. The acreage is the whole footprint of what you're buying.", "replies": [{"id": "er34dzr", "text": "Thank you. So if the listing doesn't specify either \"only building\" or \"only land\" then most likely it's being sold together. Gotcha.", "replies": [{"id": "er3k57k", "text": "Yes. If they don\u2019t mention a ground lease it is most likely land and building.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "er3w16t", "text": "As a former employee of said company I would strongly recommend using the keyword feature with \u201c\u201d as you can find specifics in the description or notes that is sometimes missed when listings are loaded.  \n\nAs a current CoStar subscriber (and I\u2019ve paid for and tried others like reonomy) it\u2019s just so far ahead that they can justify the premium.... hated it when I was there and hate it now, but it\u2019s too valuable to not have.  \n\nAs other said it absolutely depends on the asset and find a newer jr type agent at a reputable firm and they SHOULD work their a$$ off for you.  \n\nGood Luck!", "replies": [], "depth": 1}, {"id": "er4ikzu", "text": "If you don\u2019t know the answer to this, then I don\u2019t recommend you buy commercial property", "replies": [{"id": "er51d0u", "text": "So an expert was never a beginner.", "replies": [{"id": "er5g68z", "text": "Unless you have piles of cash and can buy without a loan/investor, you won\u2019t make it past calling the listing agent and embarrassing yourself.\n\nIf you\u2019re serious about getting into the game, you need to start at real estate 101. Google is your friend.", "replies": [{"id": "er5h4iy", "text": "Do you think kids are embarrassed when they ask their parents how to cook for the first time?", "replies": [{"id": "er5hiue", "text": "So you\u2019re like a child? You want this info spoon fed to you? Do your own homework.", "replies": [{"id": "er5le89", "text": "Ask and you shall receive. Quit being a dick.", "replies": [{"id": "er5pj2c", "text": "Only being a dick cause you\u2019re getting defensive about not knowing shit. Do some damn research and then ask intelligent questions.", "replies": [{"id": "er5qk71", "text": "Says the guy who asks Reddit what's the best stick of gum and bottle water.", "replies": [{"id": "er5r8e8", "text": "Gonna trade insults now? Good luck kid. You\u2019ll need it. Once you\u2019re ready to throw your money away, I got beach front property in Arizona to sell you.", "replies": [], "depth": 9}], "depth": 8}], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]