Vacant land is one of the most overlooked and misunderstood real estate investments in the world. Whenever I tell people I specialize in selling LANDS, I get a lot of blank stares. There seems to be a widespread (and erroneous) assumption that vacant land is a “weak” or even pointless investment because it:
- Doesn’t produce income.
- Just sits there, and nothing happens.
- Flat out boring.
It’s an unfortunate misconception because the truth is, vacant land is capable of producing some serious cash flow. It’s one of the best investments on earth because of its hands-off nature and versatility. I LOVE the fact that land just sits there, and nothing happens.
The simplicity and stability that comes with owning the right piece of land, purchased at the right price, can far outweigh the innumerable amount of problems that come with any other type of real estate. If you’ve overlooked raw land as a viable investment opportunity in the past, you need to take a few minutes and get educated about what land is all about! There are 5 amazing reasons to Invest in Lands;
- Land Is Very Inexpensive to Own as a Long-Term Investment.
When you buy a piece of land for the right price, there are no utility bills to pay, the cost of property insurance is minimal (if you have it at all), and property taxes are incredibly cheap. If you want to invest your cash somewhere and forget about it, vacant land could be the investment route is what you’re looking for.
- With Vacant Lands, You don’t need to do Anything to it
Forget construction! Forget renovations! You don’t need to be an expert or know anything about how to rehabilitate a property yourself. In most cases, you only need to know one thing: “Is the property suitable for what I want to use it for?”
- Land Investors Call Their Own Shots.
When you buy a vacant land the right way, it’s easy to build your property with your own cash and avoid dealing with banks and mortgage companies altogether. When You Learn How to Research Properties Effectively, You Can Buy and Sell Vacant Land Properties Without Ever Seeing Them in Person.
Remember, the beauty of a vacant land is that it doesn’t have any structures. This means the inspection process is straightforward—and if you’re doing the right research, you can easily buy your properties without ever visiting them in person.
- Land Gives Its Owner Peace of Mind.
Think about it: land is a long-term, tangible asset that doesn’t wear out and doesn’t depreciate. Nothing can get broken, stolen, or destroyed. Put all of these benefits together with your ability to buy it for next-to-nothing price… and can you ask for a better combination?
- They Aren’t Making Any More of It.
Most people don’t think of vacant land this way, but the reality is that land is a precious resource with limited quantities. Especially when you purchase land in the path of growth, you will find yourself with a limited asset that a lot of other people want to get their hands on. Stocks and bonds all make sense in certain scenarios, and so does land. If you go into this with the intent of holding the right property for the long-term, it can make a lot more sense (and be a lot more profitable) than any other retirement plan out there.
For further inquiries on how to invest in Grace view properties, schedule an appointment with us today.