Many investors are rushing to take advantage of real estate bargains with the current state of economic trends. With many foreclosures hitting the market and more are coming in every day. However, with all the great deals out there, there are tons of profits to be had.
However, the biggest profits in history have been made by farmers and landowners and today’s rules have not only changed the technology and location of these hidden profit centers. Landowners have always been the main centers of wealth. Farmers were among the richest men in history, not because of their hard work plowing the ground and planting crops, but because of the treasure hidden at their feet.
If you really think about it, the land has tons of hidden treasures depending on the area it’s in. Precious metals, gemstones, petroleum, rich soil for planting crops, and untold treasures from history have all ended up buried in the sand or the ocean. Imagine all the treasures hidden in the ground at the bottom of the sea. Anyway, as we begin with why you can already see the resources and values ​​of the earth.
Next, we look at the top ten reasons to buy pre-developed land.
First: pre-developed land has more profit potential than any form of real estate. Pre-developed means exactly that. This is the land that has been allocated for future development. This means that research has been carried out to ensure that appropriate steps have been taken to ensure that all resources will be available for future growth.
Two: Pre-developed land has the ability to generate profits (land banks for investment), during the holding period you observe the communities and towns developing around you. This is where the profits come from. When you buy pre-developed real estate and the growth comes from outside influences; it increases the value of your property due to two main factors. 1) Growth drives value up, supply becomes more limited as development progresses.
Three: Pre-developed land has several advantages that no other real estate can offer, the two T’s, no waste, no tenants and no maintenance. If you weigh the benefits of owning types of real estate, that’s the best reason for me as an investor. Of course, there’s no cash flow from the property unless you come up with creative ways to rent out parts of the property.
Four: Pre-developed real estate is the strongest piece of your investment portfolio. No loss of cash, you can sit on it for years and not have to worry about your investment wearing out. The longer you own the property, the more profitable it becomes for you as an investor.
Five: pre-developed real estate has often been overlooked by investors due to its lack of cash flow; for most investors cash is king and the lure of quick profits means that pre-developed land is not the diamond in the rough for most investors. This means more potential for you as an investor and more opportunities to compete in a less crowded market.
Of course, there are many, many reasons for owning real estate, such as profits, wealth creation, tax advantages, and the possibility of creating an inheritance for your family. Pre-developed real estate has the highest profit margin in this area of ​​investment.