Trends in the land investment market are providing some interesting opportunities for investors… Land is finite. Like any finite resource, land becomes more valuable when it’s scarce. Land in desirable locations can command tremendous prices and provide excellent investment returns. By definition, land investors have a goal of making a profit by investing in land. But consider that land investors can have a variety of backgrounds and purposes, whether they may be individuals looking for property to build their dream home (and their nest egg), investors seeking a portfolio of parcels to land bank or real estate developers buying a…Read more
Tag: vacant land
A Builder’s Guide to Reviving Zombie Developments
The zombies are here, and this can be a good thing if you’re a home builder – zombie neighborhoods and developments that is. Everyone’s talking about zombies these days, whether they are on popular television shows or cult classic horror movies. Likewise, some builders and developers are finding that picking up zombie developments at a good price, completing and updating infrastructure and then re-selling or building out can be a great way to meet their need for lots and gain a relatively quick return on investment. There’s still an opportunity for big profits from zombies, especially for local and regional…Read more
So You’ve Inherited Land…What’s Next?
Inheriting real estate can come with benefits and an abundance of decisions to be made, and inheriting land is no different. For some beneficiaries, they know exactly what they want to do with their new inherited land – sell it, hold onto it, build on it or even lease it. For others, it can be difficult to make a decision, especially if there is an emotional connection with the land or when other family members are involved. Since we’re in the business of land, we’re here to help you sort through the process of deciding how to handle your inherited…Read more
Utilities & Infrastructure: Tip #5 for Buying Lots and Land
If you’ve been looking at residential lots for sale to find a site for your new home and you’ve found your community, evaluated builders, done computer research and checked out the property with a site visit, then it’s time to transition into the Technical Due Diligence stage. This post describes tips for evaluating infrastructure and utilities at the property, and is the first of several posts in this series to focus on Technical Due Diligence. If you’ve decided to put the property under contract (which can allow you to negotiate price, determine key terms and keep it from being sold…Read more