I am encouraging my past clients to consider investing in Land. WHY?

1- Similar to playing the stock market, private equity firms and individuals are looking to purchase cheap land in markets where real estate has struggled. Land sales on the lakes of SC are down as much as 35% in some areas.

2- Local developers, once upon a time, were the only ones who purchased land from over-leveraged homebuilders when the real estate market hit a funk. Now everyone is getting in on the play. Their goal is to buy these hard assets and wait until the markets return to respectability. With the threat of inflation the upside is incredible.

3- The rewards of buying lake front land overshadow the risks involved. Again, using the stock market as an example, purchasing land is more logical because land does not experience as much volatility. The value of land tends to go upward.

4- The play on buying land should increase. Brokers have indicated that investors are waiting for prices to fall even more. They envision the day in which prices bottom out, low interest rates help revive the market and builders return to increase bids on land prices.

5- A prominent question for investors: Why not invest in an existing building instead of land? During an upswing in development, land appreciates faster than buildings. If you have enough capital to invest in land, now is a good time to invest in vacant lake front land.

6- Land shortages and low vacancies in existing buildings drive values up, according to property experts.

7- In other words, during an upswing phase in residential property, such as what is happening now in many places, land appreciates much faster than developed properties.

8- The difficulty lies in the shortage of lake front land. It is smart to bank in land, if you can find it..

9-Residential property prices should grow at about the consumer price index inflation rate for the next couple of years. Therefore, lake front is a good investment. Land values should skyrocketing for all types of land.

In summary, the risks of buying lake front land does have great potential in today’s market.

Investing in land for sale is a logical place to put your money. Unlike other investment possibilities like the stock market, land does not experience much volatility.

Donald Trump, for example, made his millions by what is called land banking – the process of buying and holding land for future sale or development.

As with any business plan, you must be prepared for all facets of land purchasing. It requires not only $5,000 to $15,000 of capital to get started, but also an impeccable preparation scheme for the challenge.

Market research, attending city zoning meetings, and on-going communication with prospective sellers is a necessity. Purchasing land is much more than blindly paying money for something that might not possess value. Making the right decisions will determine if your venture will be profitable or a financial mistake.

This is why my approach to helping you find the right property to fit you portfolio is so important.

In the 18 years that I have been in the mortgage business, my goal is to make your mortgage experience as easy as possible. It is also my goal to help my clients save money. 864-320-5102