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What Is LAND BANKING? - Properties - Nairaland

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What Is LAND BANKING? by ladypinky(f): 6:11pm On Mar 23, 2017
What is LAND BANKING?

The name implies almost exactly what it is. Rather than putting cash into a savings account (where it will earn a maximum of 1% interest every year) or the stock market (which has become increasingly unpredictable in recent years), some entrepreneurs have taken an alternative approach by acquiring LAND and in doing so, they have chosen to park their cash in a tangible, fixed asset – one that cannot be broken, stolen or destroyed.

Vacant land gets ignored by most new investors because let's be honest – it just doesn't sound that exciting. Unfortunately, this causes most people to overlook a lot of the advantages that land has over traditional real estate investments (e.g. – houses, apartment buildings, commercial properties, etc.). Unlike most residential and commercial buildings, land costs virtually nothing to own… no utility payments, no tenant problems, no termite infestations, no leaky faucets, no broken toilets, no mortgage payments.

Think about it… you can buy a piece of vacant land today, walk away from it for 10 years and when you come back, nothing will have changed. Can you think of a safer investment?

And think about the economics of land… this is a resource with a supply that is always going down (after all, they aren't making any more of it) and a demand that is constantly on the rise. Given the value proposition that comes with owning land, I often find myself scratching my head and wondering “Why aren't more investors involved with this??”

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Re: What Is LAND BANKING? by ladypinky(f): 6:13pm On Mar 23, 2017
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Re: What Is LAND BANKING? by ladypinky(f): 10:55am On Mar 25, 2017
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Re: What Is LAND BANKING? by ladypinky(f): 10:56am On Mar 25, 2017
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Re: What Is LAND BANKING? by ladypinky(f): 11:03am On Mar 25, 2017
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Re: What Is LAND BANKING? by ladypinky(f): 12:05pm On Mar 25, 2017
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Re: What Is LAND BANKING? by ladypinky(f): 8:39pm On May 12, 2017
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Re: What Is LAND BANKING? by ladypinky(f): 9:39am On May 13, 2017
Buy land now
They are not making it anymore
Re: What Is LAND BANKING? by ladypinky(f): 12:47pm On Jun 20, 2017
Fast sellin
Re: What Is LAND BANKING? by Awedible: 2:41am On Feb 03, 2020
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