Vacant land is one of the best, and most under-appreciated, real estate investments in the world. And yet, so few investors specialize in it.
Why? Most investors view land as a weak investment because it just sits there, doing nothing. It’s a common thought, but a totally flawed one. Vacant land can absolutely be a cash flowing investment, if you know what to do with it.
Land is simple, and we love that about it. Why do we love investing in land so much?
1. No repairs necessary
You don’t have to do anything to it. No construction, no rehab, no headaches. The only thing you really need to know is, Can someone, someday, build something on this land? As long as the answer’s yes, the rest is easy.
2. Hands off Investment
Vacant land doesn’t have tenants, toilets, or really any person vying for your time and energy. There are so many issues that come with owning built structures, land doesn’t come with any of them.
3. Highly Motivated Sellers
Vacant land owners are always absentee owners, and we all know how motivation to sell can skyrocket with an absentee owner. In most cases people are willing to cut a great deal because to them, that land is nothing but a tax bill at the end of the year.
4. Good for the Long Term
Land is both a very inexpensive and high peace of mind long term investment. Think, when you buy land right, there are not mortgage payments, it doesn’t depreciate, and nothing can get broken or devastated. If you want to park you cash somewhere, we really can’t think of a better place to do it.
5. They’re Not Making More of It
This one’s obvious, but seriously, they aren’t making any more land. It’s a valuable finite resource, and when you purchase land right (especially in the path of growth) you’re sitting in control of a hot commodity.
You may or may not be a land convert by now, but we assure you, since we started investing in land, it’s been nothing but an upward spiral. Contact us today to chat about your land buying needs, we’re nuts for dirt.