If you ask 50 people where you should invest your money then you will probably hear 50 different answers. Some may think that real estate is where the profit lies, others believe that blue chip stocks or penny shares are the way to go and other swill tell you to get in early with a startup business. Depending on what you chose to invest in, any one of these people may be right, but that depends on many variables. What if you happen to see some however, is that a good place to invest? Well history would tell us that absolutely yes, buying land is a great investment and here is why you should be involved in such a purchase.
See What Others Cannot
As we will explain in this article there are a great many ways that you can make money off land investment and the best part about it is that not many people are aware of it. The result of this is not only that there is plenty of land available that has not yet been snapped up, but also that you won’t face much competition when you are trying to buy.
If you buy a piece of land which you can build upon, it also means that someone else can build upon it. This means that you do not have to build a property on the land at all, you can simply wait patiently until a buyer comes in who does want to build on it, which they will be able to, and then you can simply collect the profit after having done very little work.
When you buy a property you may need to update it, fix plumbing, rewire the place or any other number of utility and maintenance based improvements. With land however, you simply need to purchase it and then wait for the market to move or for the land to become more attractive and then make your profit.
When you buy land you don’t need anyone to come and inspect the property, nor do you need any kind of due diligence on your part. In fact 3 years ago I was able to gross $27,000 on a piece of land that I never even saw, I bought it online in the February and then in the September an offer came in for it, which I accepted and sold. I never spoke to anyone about this other than the buyer and it cut out a huge number of middle men, all of whom take their cut incidentally.
Patience is Easy
There are no mortgage payments to make on land, no bills and nom maintenance, this makes sitting on it very easy and stress free. Anyone who is cash rich can buy land very inexpensively and very easily, and then simply wait until the right buyer comes along.