- Buying a vacant land saves you the trouble of construction, renovation, upkeep, and all other responsibilities of an actual building or establishment. You don’t have to be an expert about property rehab or dealing with tenants, leaky roofs, molds, bugs, broken furnaces, or bursting pipes. The most work you will have to do is researching whether or not the lot is suitable for building and as long as you know that someone else can actually build on it if and when they want to, you’ve already won, because the property will most likely sell itself.
- Land investors have little to no competition to deal with. Because lots are widely misunderstood and quite frankly, feared by other investors, you have fewer competitors to think about.
- Finally, you can call your shots as it is easier to buy vacant land with your own money, thus avoiding long-winded dealings with mortgage companies and banks. As long as you have a good broker by your side, you are set for great success in land investments.
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