3 Things Nobody Told You About Owning a Land

 3 Things Nobody told you about owning a Land


“Buy land, they’re not making it anymore.

— Mark Twain, Writer

Land is one of the best investments on earth because of its precious resource with limited quantities. Especially when you purchase the right piece of land in a fast-developing area, you will find yourself with a finite asset that a lot of other people want to get their hands on. 


 If you’ve overlooked land as a viable investment opportunity in the past, you need not to anymore!


1. LAND APPRECIATE IN VALUE BUT BUILDINGS DON’T. 

The fact that land has no depreciation value on like buildings that depreciate over time, is another reason that makes it a great investment. Land can’t depreciate in value simply because it can’t be destroyed, moved or affected negatively under any circumstances, natural or unnatural. So, investing in land only guarantees solely on appreciation, In worst-case scenario.


2. LAND GIVES IT OWNERS’ PEACE OF MIND

Have you had dealings with problematic tenants? How about leaking roofs, burst pipes, toilets blockage just to mention a few that comes with owning buildings? Vacant land doesn’t involve ANY of those things. Land is a long-term, tangible asset that cannot get broken, stolen, or destroyed and doesn’t depreciate. 


3. LAND HAS LITTLE OR NO EXPENSES   

When you buy a piece of land for the right price, there no utility bills to pay, If you want to park your cash somewhere and forget about it, vacant land could be the investment vehicle you’re looking for.

Comments

Post a Comment

Popular posts from this blog

7 REASON TO OWN THIS IRRESISTIBLE GOLDMINE CALLED LAND

7  Reasons You Can’t But Buy This Irresistible Goldmine Called Land. Land is a silent partner to the wealthy. It’s the only assert that appreciate or start appreciating from the moment you buy. 1. Versatility and Options Land can be used for so many options that will suit basically anyone’s needs and desire. E.g. Residential, Recreational parks, farm, businesses and factories. 2. No Depreciation Land cannot depreciate in value simply because it can’t be destroyed, moved or affected negatively under any circumstances, natural or unnatural. Investing in land makes you rely solely on appreciation in worst-case scenario.  3. No Competition Land does not have competitors. Lands are unique in sizes, location and even shape that you can never find the same exact land. 4. No Management Issues The major difference between owning land and residential property is that land doesn’t need any maintenance or attention while properties require a lot of maintenance to keep it valuable.  5...
Read more

FOUR AREAS OF REAL ESTATE YOU LEVERAGE

 Four Areas of Real Estate You Can Leverage on:👇 1. Residential real estate: These consists of housing for individuals, families, or groups of people.  2. Commercial real estate: These are offices, shopping centers, amusement parks, malls, medical buildings, hotels, educational buildings e.t.c. 3. Industrial real estate: These are  manufacturing buildings, properties, showrooms and warehouses. 4. Land: These is the baseline for all types of real estate. It includes undeveloped property, vacant lands, working farms, and ranches.
Read more