Forums » Land & Farm Investing Forum » Land Investing?

Land Investing? 9 posts by 8 users

John C.

Posted: 01/23/2008 at 03:32PM

What is your opinion about investing in land?

I've invested with an overseas company before and it worked out ok. The return was decent, but my friend who invested with a local Edmonton Company is receiving a $100,000 cheque just after 4 years now when he initially invested $45,000. When he did tell me this, it did intrigue me to learn more and i met with someone from that company and he showed me quite a lot of good opportunities and confidence.
Especially seeing investors getting a return more then double their original investments in 4 years.

It does seem more easier then going out and doing all the work of researching and purchasing my own land and rezoning and getting ASP's approved etc etc to make a profit which i don't have time for, since they apparently develop themselves.

Anyways, from this information does this sound like a pretty reasonable good investment i should consider?

Sponsors:

Ryan A.

Real Estate Investor
Westerly, RI

33 posts

Posted: 02/12/2008 at 10:22AM

It all depends on who you're investing in, right? Is somebody developing and selling the land? What are they building? What is the company's track record? Can they offer previous investors names so you can check their credentials? Most investors need reassurance.

There's always good deals out there, just use common sense and do your homework.

Zaak F.

Residential Real Estate Agent

14 posts

Posted: 04/18/2008 at 06:16AM

Hi Jochin

Personally i think that land is a great investment at the moment, I work for a reputable company that facilitates the purchase of undevelped UK land and then takes it through the nececery steps. Investors are looking at great returns, and in Pounds at that!

But I agree, do your homework and be sure who you are dealing with!

Jason F.

Real Estate Investor
Gainesville, FL

317 posts

Posted: 04/24/2008 at 03:00PM

I think this poster was trying to get people to ask him about the company and express interest in it.

Seems odd that he would join the group. Mention some international company with great returns that his " friend" invested in and then never make a post again.

Joshua D.

BiggerPockets Founder
Denver, Colorado

Author

5561 posts

Posted: 04/25/2008 at 07:39AM

That's a definitely possibility, Jason.

David H.

Real Estate Investor
Toronto, Ontario

12 posts

Posted: 09/04/2008 at 08:18AM

I had this in mind, but I wanted some clarity on it. Is it possible to purchase land, have a professional draft up a plan for houses and sell both the land and the plan for a large sum of money?

Cedric C.

Alabama

27 posts

Posted: 09/07/2008 at 11:36PM

that's a good buy but consider some rules in that country before you buy the property (i.e tax law and property law)

Zaak F.

Residential Real Estate Agent

14 posts

Posted: 09/25/2008 at 02:55AM

Dear David,

One doesn't even have to go as far as drafting up the plans. If you manage to purchase agricultural land and apply for residential rights the value of the land will significantly increase as soon as it is re-alocated.

Jeff T.

Real Estate Investor
Fort Myers, FL

189 posts

Posted: 09/28/2008 at 10:13AM

I am working with a large land holding company on a consulting basis. They will owner finance this stuff. They want me to help them change their marketing plan to get it into the 21st Century.

I am crunching data and demo's.

Anyone have any thoughts?
This stuff is in Central Florida, 6 counties. Some acreage, some commercial, some resi. lots.

I have a basic plan in place already but I am still working out the details.

FYI, We have lots of bottom feeders buying in Lehigh Acres and Cape Coral

2005 Lehigh Lot = $65,000
2008 Lehigh Lot = $3700

2005 Cape Coral Lot = $110,000
2008 Cape Coral lot = $9,000 to 12,000

Land here in SWFl was more of a commodity. That is how it was traded