Advantages of Land Acquisition in Real Estate Investment
Real estate investment involves ownership and management of multiple pieces of real estate, one of which serves as a primary residence while the others are used to generate rental income and profits through price Land acquisition is a very profitable investment in real estate in lieu of land appreciation, whatever the situation that surrounds the landed property location, your investment in the land can never depreciate for appreciate.
If you buy a land at the right price and hold it for a while to appreciate in value, you can then sell it off 10 times the value you bought the land earlier. This could be sounding magical but it is actually as easy as it sounds. Acquiring plots of land as a long-term investment plan is the easiest way to get into real estate investment, and it can be very profitable if you are able to do it right.
Your retirement fund or contract business profit is not complete without a property portfolio. And if you are like someone that wants to make a lot of money with less stress as possible then you need to start investing in the land, but only buy at the right location and for the right price.
Profitable Reasons to Invest in Landed Property for your Real Estate Investment
Secured and Profitable: If you compare buying a house for example or even buying a land and then erecting a structure on it, buying a land is much cheaper. Even more so when you target places that are bound to develop in the near future. And then all it takes to secure your land from trespassers is to buy in a serviced estate (comes with gated fence) from reliable real estate companies with complete genuine documents. Just sit back till you are ready to sell for profit. Acquiring plots of land for the purpose of reselling is a profitable inexpensive long-term investment.
You have less competition: Investing in landed properties is an investment opportunity with low competition. Of course, not many people have the patience it requires, and others prefer the residual income that comes with owning houses, apartments and commercial properties. You can take advantage of this.
Investment in landed properties gives you peace of mind: Since land is a tangible asset that doesn’t wear out, doesn’t depreciate and nothing can be broken, stolen or destroyed, it gives you peace of mind. Your investment is secured and you never have to worry about external factors if you buy from the right quarters and get your documentation right.
Investment in the landed property for a long time can be more profitable than any form of retirement plan out there. In fact, your retirement fund is not complete without a property portfolio. And if you’re like me that wants to make a lot of money with as less stress as possible then you want to start investing in the land, but only buy at the right location and for the right price.
You have lesser work to do to cash out big: Acquiring a land is quite simple and less capital intensive in comparison with owning any other type of real estate. This makes investing in a land so attractive. If you acquire the right piece of land outweighs the many issues that come with erecting and maintaining a house for example. All you really have to do is some soil test to know if the land is suitable to build on if/when someone wants to, and that it has the right attractions to make for a good investment.
Culled from FirstGem | Real Estate Investment: 5 Reasons to Choose Land Acquisition