If you want to start investing your hard earned money, then make sure you invest in something that is PROVEN to stand the test of time…. PROPERTY!
Investing in vacant land is just as feasible (if not more so!) than investing in an existing property.
Here are a few things you should know about investing in land:
Vacant land is one of the most overlooked and underappreciated property investments. Let me help you understand why it can be a FANTASTIC idea!!!
They aren’t making any more of it!!
Land is an extremely valuable resource with limited quantities available! If you purchase property 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! This earth we live on isnt getting any bigger, so grab yourself a piece of it today! The hardest part is deciding where to buy! Do you want mountains, rivers, beaches, or forest? The choice is yours!
Vacant Land can be VERY Affordable!
Vacant land is one of the most affordable property investments in the real estate industry. When purchasing land, you do not have the burden of building repairs or maintenance. You would not have to budget for issues that generally crop up in existing homes. No maintenance!!! You just let it sit there and increase in value. If you want to go for a visit to camp and explore the area you can, but you can also leave it sit for years and years!
Land is a long-term, tangible asset that does not wear out
Property will rarely depreciate, and there is nothing that can get broken, stolen or destroyed. It’s the perfect investment to just leave alone and use it when you want to! There are no money managers to deal with, falling interest rates, or stock market crashes.
All these benefits will bring you, as the owner, peace of mind. You won’t have to deal with renters, broken appliances, flooded basements, or anything else that comes with owning a home! It’s truly a hands off investment, with the perk of having your very own private vacation spot.
Potential buyers Tend to Buy Vacant Land with the Intention to Build a Dream Home.
Whether you want to buy to invest in your future, or to build the perfect retirement spot you really can’t go wrong! Building from scratch has endless possibilities when it comes to creating the perfect home, and there is nothing quite as satisfying as moving into a brand new home that was designed exclusively for you. You can start dreaming and saving now to build that perfect home in the future!
Owning land is a good investment for anyone; from long-term corporate land investors to someone who just wants to build their dream home. The possibilities are as endless as the locations to choose from!
If you would like to have some guidance purchasing your first property, give us a call! We are happy to take you from start to finish and make sure you get the perfect place! Contact us at Generation Family Properties today and we’ll take it from there. Email is [email protected] or call/text at 971-248-6715
