People invest in a lot of things; stocks, bonds, businesses, homes… But often times the benefits of land investment go overlooked. So why buy land? Because it is a safe and steadily appreciating investment that requires little to no maintenance.
Check out our latest blog below to learn all about the benefits of land investment!
Highly Motivated Sellers
Historically, some of the most profitable real estate deals have been found in land investment. Land sellers often have a low attachment to the property and will be open to hearing most reasonable offers. If they live out of state or in a location far from the land, they will feel even less attachment. Usually, land doesn’t generate the emotion that a home does.
And that’s just what we do! We work with lots of Arizona land owners who are looking to move on from certain pieces of land, for whatever reason. We have properties ranging from 5 acres of vacant land to over 100 acres of wide-open space.
You Can Start Small
Typically getting a loan to buy land is more difficult than getting a traditional mortgage. You will need near perfect credit to get a loan for a lot. Because of this, many people buy land in cash. Don’t let this intimidate you! Depending on where you’re located, you can find a building lot for only a few thousand dollars.
Plus, when you pay in cash you are not throwing away money on interest payments or biting off more than you can chew. Paying in cash makes the process run smoothly and quickly!
If cash isn’t the best buying option for you, we can help by offering owner financing. Because we are a smaller, family-owned company, we are able to offer flexible terms to help you buy the Arizona land to fit your needs.
Less Competition
The land market statistically has fewer buyers. People often overlook land as they are looking for investment properties that will provide them with a steady income. The land does not make you money each month (unless you are leasing it to a rancher or farmer, etc.) but it will, however, make you money on the backend once the property sells.
The goal is to see the potential of a parcel of land that nobody else does. Research the area, and learn about future developments. Position yourself to buy land that is soon to be “in demand!”
Low Maintenance
Land is relatively low maintenance in comparison to other real estate investments. The beauty of buying land is that you won’t ever have to make repairs. There are no leaky roofs or faulty electrical circuits. Other than that, expenses are typically non-existent. Land is something you can usually buy and walk away from. It is a “hands-off” investment that basically sits there. When you are ready to sell, there it will be, just as you left it.
Low Risk Over The Long Term
These days more and more people are looking for ways to get away from it all. That idea combined with the fact that land is a limited resource only means vacant land will only increase in value. The longer you hold, the higher your profit. Of course, you will want to do your homework when it comes to property tax payments, land rights, etc. That’s where we come in. We love sharing our vast knowledge of real estate investing, to better help our clients buy the right property. So whether you’re looking for Arizona land to invest in or looking for acreage a second home or off-the-grid getaway, we can help you find the right property.