Land Investing?

Land Investing?

Member since 2008 · 1 post · 0 votes

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?

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Rental Property Investor · Lisbon, CT · Member since 2008 · 120 posts · 29 votes
18y

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.

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  • Rental Property Investor · Lisbon, CT · Member since 2008 · 120 posts · 29 votes
    18y

    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.

  • Residential Real Estate Agent · Johannesburg · Member since 2008 · 14 posts · 1 vote
    18y

    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!

  • Real Estate Investor · Gainesville, FL · Member since 2008 · 296 posts · 7 votes
    18y

    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.Pro Member
    BiggerPockets Founder · HI · Member since 2008 · 16k+ posts · 5k+ votes
    18y

    That's a definitely possibility, Jason.

  • Real Estate Investor · Toronto, Ontario · Member since 2008 · 19 posts · 1 vote
    18y

    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?

  • AL · Member since 2008 · 21 posts · 1 vote
    18y

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

  • Residential Real Estate Agent · Johannesburg · Member since 2008 · 14 posts · 1 vote
    18y

    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 TumbarelloPro Member
    Real Estate Broker · Fort Myers, FL · Member since 2008 · 1k+ posts · 323 votes
    18y

    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

  • Member since 2020 · 67 posts · 27 votes
    6y

    Based on things I've read and listened to, Land seems to be a gold mine for deals. 

  • Flipper/Rehabber · Member since 2021 · 8 posts · 6 votes
    5y

    Hi, 

    Sorry I know this post is very old, but I thought I'd chime in as I'm a newbie to RE, but have experience buying and selling land (might be the only knowledge I can contribute to this community at the moment).  

    I find land to be a bit easier to understand, and you're dealing with less complicated pieces as they're usually just bare parcels of land. 

    I had stopped investing in land in mid 2019 as life took a different path, but I heard due to COVID that land investing in 2020 was skyrocketing and the reason I got back into it.  I hope that helps! Feel free to message me if you have questions.  

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