Here are some Rock-Solid Reasons Why You Should Be Investing In Land



I've said it before and I'll say it again, vacant land is one of the most overlooked and misunderstood real estate investments in the world.

Whenever I tell people I specialize in buying and selling LAND, I get a lot of blank stares. There seems to be a fairly widespread, erroneous assumption that vacant land is a “weak” (or even “pointless”) investment because…

It doesn't produce income.
It just sits there and nothing happens.
It's just boring.
It's an unfortunate misconception, because the truth is – vacant land is capable of producing some serious cash flow and 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 myriad of problems that comes with any other type of real estate. If you've overlooked vacant 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!



Here Are 10 Reasons You Should Be Investing In Land:

1‎) With Vacant Land, You Don’t Need to “do”Anything to the Property.
Forget construction! Forget renovations! You don't need to be an expert or know anything about how to rehab a property yourself. In most cases, you really only need to know one thing: “Is the property suitable for building?”. As long as someone else can build on the land if/when to,a huge part of the battle is already won



2) Raw Land is a “Hands-Off” Investment.
Have you had enough of dealing with tenants, toilets, bugs, mold, lawn care, leaking roofs, bursting pipes, broken furnaces, and the hundreds of other issues that come with owning buildings? Vacant land doesn't involve ANY of those things. Once you buy it… it sits there, it behaves itself, and nothing happens.



‎3) Statistically, Vacant Land Owners are ‎Highly Motivated to Sell.

Why? Because vacant land owners (by default) are ‎always absentee owners. When a person doesn't live inside of (or even near) the property they're trying to sell, there is less of an “emotional connection” – because it isn't their primary residence. In many cases, you'll find that these sellers are willing to sell their land for pennies on the dollar – simply because they don't live anywhere near it, it's not producing any income for them (because they don't know how to optimize their land correctly) and as a result, they are much more apathetic about it. Find these people, and you will find some incredible deals

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4) Land Investors Have Virtually No Competition to Deal With.

Are you tired of dealing with such stiff competition on every property you try to buy? Are you sick of getting outbid on every good deal you're lucky enough to find? Well guess what… there is virtually no competition in the world of raw land investing. You see… most real estate investors have their minds stuck on things like houses, apartments, commercial property and the like – becausethat's what everyone else does. Most investors don't understand the superior benefits that come with land and this can definitely play to your advantage.



5). .. ‎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 mortgage payments to make, no utility bills to pay, the cost of property insurance is nominal (if you have it at all) and property taxes are extremely cheap. If you want to park your cash somewhere and forget about it, vacant land could be exactly the investment vehicle you're looking for.



6)..  ‎Land Gives its Owner Peace of Mind.

Think about it – land is a long-term, tangible asset thatdoesn't wear out, doesn't depreciate, and nothing can get broken, stolen or destroyed. Put all of these benefits together with your ability to buy it for next-to-nothing… and can you think of a better combination?



7)) They Aren't Making Any More Of It.
Most people don't think of vacant land this way, but the reality is – land is an extremely valuable resource with ‎limited quantities available. Especially when you purchase land in the path of growth, you will find yourself with a finite asset that a lot of other people want to get their hands on. Stocks, bonds, mutual funds and 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 vehicle out there.



)) .... No Depreciation

The fact that land has no depreciation value is another reason that makes it a great real estate investment strategy. Land can’t have a depreciation value because simply it can’t be destroyed, moved or affected negatively under any circumstances, natural or unnatural. So when investing in land, an investor is able to rely solely on appreciation, worst-case scenario.



9).. ‎Limited Management Issues

The major difference between owning land and residential property is that land doesn’t need any maintenance or attention while properties require a lot of work and time. To be profitable in land purchasing, the most important criterion is that the land has to be suitable for construction. For investors who are too busy to deal with tenants, maintenance and managerial issues, then land is a great strategy for making money in real estate passively.



10)...‎Cheaper Expenses

Finally, is land owning a lot more expensive? Owning a vacant land has the lowest expenses in real estate investments because you avoid utilities, pay fewer taxes and fewer mortgages considering that you purchased an empty land.



In conclusion, Land as a real estate investment strategy is possibly one of the best options out of there for people who are not cut out for the hard work of residential real estate properties.‎


http://retipster.com/landinvesting/

Cc - lalasticlala what do you think?