Many people are interested in Real Estate Investment, but believe they need huge loans to start off. This simply isn’t true. Unlike homes, ready to build lots are priced low, than appreciate and sell for more.
1- Investment- Just like people will always need doctors, people will always need land. A doctor cures a person, while land is needed to live on. What does this mean? History has shown that there is always an immense interest in land. Thus, the saying “Don’t Wait to Buy, Buy Now and Wait” applies here.
2- Moving into a new area. For example, if you’ve lived in Los Angeles for many years and are ready to retire, there are many benefits to selling your home, finding a great subdivision elsewhere that suits your needs, and building your own dream house on it. You will save immensely doing this.
3. Incredible Experiences- LakeFront, LakeView, and Golf Course Land is in high demand these days. The reason for this is simply the fact that there are so many fun activities in these areas, leading to higher interest in the subdivision.
4- Buy and Flip- This is a hard, but useful way to make significant money. Simply find somebody interested in a lot your about to sell, and pocket the middle man’s cut.
5- Recreational Land can be used for all types of fun activities. Even though you cannot build a house on recreational land, you can still make all the precautions in the event the land is rezoned. Because recreational land usually sells for less than residential land, having recreational property turned into residential property can be very profitable.
6- Ranch Land- Here you can own a house, among other shelters, while herding animals Ranch Lots are huge and meant to be that way so that the natural life doesn’t disappear.
7- A gift! Yes, thats right, buying land as a gift has grown, and even non-investors like the idea of owning a piece of property in the United States.