Everyone thinks about the benefits of investing in real estate, but what about land? The general consensus has always been that land is not a worthwhile investment. Why? People falsely believe that land won’t produce income. It just sits there. It’s a boring investment. Land can produce a serious cash flow, and right now, it’s one of the best investments you can make. Here are some few reasons why you should invest in land.⠀
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1. Land is Limited: Why invest in land? Because they aren’t making any more of it. Land is limited in quantity, which makes it a valuable resource. And if you choose to invest in a growing area, people will be vying to get their hands on your lot. ⠀
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2. No maintenance is required: The land is just there increasing in worth without maintenance of any form compared to a house already built for rent which will always require maintenance in one way or the other.⠀
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3. Land is Easy to Invest In: Investments can be complicated. There’s a learning curve no matter which vehicle you choose. But land is a relatively easy beast to tame. You don’t have to worry about renovations or construction. ⠀
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4. They Aren’t Making Any More Of It: Most people don’t think of vacant land this way, but the reality is – land is an extremely valuable resource with limited quantities available. Especially when you purchase land 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. ⠀
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5. Land is a “Hands Off” Investment: Maybe you like the idea of investing in property, but don’t want to have to deal with finding tenants, calling a plumber at 3AM or any one of the other hundred issues that come along with renting property.⠀
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