Many of us tend to think that land investing is not that good investment at all. It is mostly overlooked that with a vacant land, opportunity is flexible. As long as the property is suitable for a structure, it is a good investment. Land is an inexpensive long term investment that does not wear out. A vacant lot does not involve 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.
Most property investors focus on houses, apartments or commercial properties. Less competition is a benefit from investing in land. Buying a land does not usually involve deals with banks and mortgage companies, you call your own shot. When most banks are skeptical to lend money on vacant land, you can take advantage and provide seller financing which will create more channels of income for you. Buying and selling land involves simple process.
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