Updated over 7 years ago on . Most recent reply
What’s your thought/experience/advice on purchasing land?
Hello everyone!
I have a couple of questions about investing in land with potentials for future development and I appreciate your insights/advice;
1. Have you ever used raw land as an investment vehicle? What are the cons and pros of owning land in its raw form?
2. Where are the so-called “emerging markets” for raw land? How would you identify those markets?
Thanks for sharing your thoughts and experience.
Fletch
Most Popular Reply
Unless it is zoned for commercial and the development plans have been approved, I feel the long time it takes to develop ties up your savings. You got to pay property tax on top.....