Vacant Land is one of the most overlooked and misunderstood real estate investments in the world. Read on and learn why we think everybody should invest in land in Colorado.
There seems to be a widespread misconception about investing in land. Many people have the (erroneous) assumption that vacant land is a “weak” or even pointless investment because…
- It doesn’t produce income.
- It just sits there and nothing happens.
- It’s flat out boring.
It’s an unfortunate misconception because the truth is – vacant land is capable of producing some serious cash flow and it’s one of the best investments on earth, because of its hands-off nature and versatility.
“Buy land, they don’t make it anymore”
– Mark Twain
With a Vacant Land Investment, You Don’t Need to “do” Anything to the Property.
Forget construction! Forget renovations! You don’t need to be an expert or know anything about how to rehab a property yourself. In most cases, you really only need to know one thing: “Is the property of value to anybody?” As long as someone else can build on the land, use the land for recreation or leasing it out to a business owner or farmer, a huge part of the battle is already won.
Generate Cash Flow From Your Vacant Land
If you own a piece of land you can rent it out to someone else – like you would do with a house or apartment. There are private people who like to lease a piece of land for a certain time, e.g. to go camping, grow vegetables and fruits, or go hunting and fishing, or just want to have some fun with their guns and dirt bikes. But there are also commercial business partners who are searching for vacant land for lease, e.g. for cell towers, wind or solar energy parks, or for the plain old billboards. This can be very lucrative and it’s a pretty good way to produce cash flow from your land.
Investing in Raw Land is simple. It’s a “Hands-Off” Investment.
Have you had enough of dealing with tenants, toilets, bugs, mold, lawn care, leaking roofs, bursting pipes, broken furnaces, and the hundreds of other issues that come with owning buildings? Vacant land doesn’t involve any of those things. Usually, an investment in vacant land doesn’t need your attention and time for years.
Land Investors Call Their Own Shots. No Banks Needed.
When you buy vacant land the right way, you can completely avoid dealing with banks and mortgage companies. It’s easy to buy each property with your own cash. When you know where to look for great deals on land, it requires very little start-up capital to get your first investment. Many sellers offer seller financing and you can start investing with a couple of hundred bucks in your bank account.
RELATED: Land For Sale By Owner – How Owner Financed Land Works
Land is Very Inexpensive to Own as a Long-Term Investment.
When you buy a piece of land for the right price, there are no mortgage payments to make, no utility bills to pay, the cost of property insurance is nominal (if you have it at all) and property taxes are extremely cheap. If you want to park your cash somewhere and forget about it, vacant land could be exactly the investment vehicle you’re looking for.
Investing in Land Gives You Peace of Mind.
Think about it – land is a long-term, tangible asset that doesn’t wear out, doesn’t depreciate, and nothing can get broken, stolen or destroyed. Put all of these benefits together with your ability to buy it for next-to-nothing… and can you think of a better combination?
They Don’t Make Any More Of It.
Most people don’t think of vacant land this way, but the reality is that land is an extremely valuable resource with limited quantities available. Especially when you purchase land in the path of growth, you will find yourself with a finite asset that a lot of other people want to get their hands on. Stocks, bonds, mutual funds, and 401Ks all make sense in certain scenarios, and so does land. If you go into this with the intent of holding the right property for the long-term, it can make a lot more sense (and be a lot more profitable) than any other retirement vehicle out there.
Should You Invest In Land in Colorado?
We think investing in raw land in Colorado can be extremely lucrative in the long run. It is a smart investment especially for investors who don’t want to or who don’t have the time to deal with all the hassle (tenants, termites, toilets, etc.) involved in other real estate investment assets like single family homes, apartment buildings, and commercial real estate. And in addition to that it is the perfect investment vehicle to start with real estate investing due to its low financial barrier of entry and due to its simplicity.
Should you invest in land now?
Well, guess what… there is very little competition in the world of raw land investing right now. You see, most real estate investors have their minds stuck on things like houses, apartments, commercial property and the like – because that’s what everyone else does. Most investors don’t understand the superior benefits that come with a land investment and this can definitely play to your advantage. So, from our perspective it’s the perfect time to invest in vacant land in Colorado right now.
Are you ready to invest in land in Colorado? We have investment properties for sale! Send us a message or give us a call today!