Tuesday, January 17, 2017
Take a good look at the image above. To some this may seem like a boring barren piece of vacant land. But to the observant investor, this is one of stable and overlooked, long-term real estate opportunities available today.
Bid4Assets hosts thousands of vacant land auctions every year and 2017 is shaping up to be no exception, offering many unique opportunities to investors nationwide. With that in mind, here are five reasons why you should consider adding land to your portfolio this year:
1) Vacant land is a low-energy investment.
Vacant land is not an investment that will require a great deal of your time or energy. You won't have to deal with the problems that typically come with owning other types of real estate. There are no repairs to pay for, no tenants to pry rent from, and no renovations to oversee. With land, you will get all the value of owning a new property with none of the headache.
2) Land is cheap to buy and cheap to maintain.
In addition to saving you headaches, land investments can also be great financially. There are no mortgage payments or monthly bills required for you to maintain your property, and insurance is both minimal and entirely optional. What's more, land can be extremely cheap to buy as long as you invest intelligently (with a little help from Bid4Assets). More on that in later posts.
3) You can buy land in a matter of minutes.
With companies such as Radius frequently listing new vacant land auctions on Bid4Assets, finding your next great land deal can be as easy as buying a new iPhone on Ebay. You can browse from your favorite living room chair, review pictures and due diligence, and place your bid within minutes, all from the comfort of your own home.
4) Land is a solid and stable asset.
With land you will never run the risk of your investment becoming worthless over night. No matter what the state of the market may be, your land will always be there. It doesn’t wear out, it won’t break and no one is going to walk off with it in the middle of the night. Land offers stability that few other investments can due in part because...
5) “Buy land, they're not making it anymore.”
This famous Mark Twain quote may come across as a cliché, but land is a finite resource. We will never discover a new mass of land that no one knew existed before. What is in the market is in the market. As the population grows demand for land will continue to rise and neither trend is going away any time soon.
So, if you’ve overlooked vacant land as an investment opportunity in the past, there’s no time like the present to start. Many great deals are already available on Bid4Assets and only a click away.
This article was provided in part by Radius, a third-party real estate company that is not affiliated with Bid4Assets. To see auctions they currently have available on Bid4Assets click here.