Here are the top reasons on why anyone can and should invest in vacant land: 1.
No toilets, no termites and no tenants to deal with! When was real estate investing so hands free? The three issue above cover majority of the issues faced by real estate investors buying houses.
In land investing, these are not even a question.
2.
Remove banks and lender out of the equation for investing.
Land investing can be so affordable, that you wont need bank funding for most part.
Great thing is vacant land can come as cheap as $5000 which anyone could afford buying at cash.
To top it off, web sites like landwithequity.
com offer great seller financing options to make it affordable to just about anyone.
3.
Buy land at today's depressed prices and sell tomorrow The slow down in economy has created several great purchasing options.
For example the land that use to sell for $40,000 in pike county PA, can be now purchased for almost $10,000 range.
Economist have time and again pointed out that markets are cyclical in nature and there is no doubt that market will bounce back and so will the prices of these depressed land.
4.
No one can steal vacant land Probably one of the safest bet in real estate investing.
It is impossible to steal a piece of vacant land.
For most part owners do not need any insurance to hold the land.
Even if some one takes away a bucket of land, guess what, there is another bucket right under it.
How could anyone go wrong with land investing? 5.
Own land free and clear in as little as 3 years You don't have to wait 30 years to pay off loans for your real estate investments, not in the case of vacant land.
Majority of the land is affordable and can be paid in cash right away, or if financed and be paid off in 3-8 years with payments as little as $150 per month.
Actual numbers vary and depend on the financed amount, but bottom line is its affordable for everyone.
6.
Land investing does not need lot of travel to purchase When buying vacant land, buyers can get fair idea just by looking at pictures about what they are getting.
Although we recommend at least one property visit prior to the purchase, but extensive travel can be eliminated from purchase process.
This allows anyone to purchase land anywhere in the US no matter where they live.