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Buying raw land is a very risky investment because it will not generate any income and may not generate a capital gain when the property is sold. Moreover, utilizing a farm real estate loan to purchase land is very risky.
You can leave the land untouched and hold onto it until its value rises. If you want to reap serious rewards from your investment, youll need to be prepared to do absolutely nothing for a decade or longer. During this time, youll be forced to spend money to maintain the land while receiving no income from it.
Investing in land is one of the most powerful strategies to make money in 2022. Over the past few years, demand for land as an investment has experienced an uptick. From 2020 to 2021, there has been an increase of 155% in rural land sales. This growth is due to the stability that comes with purchasing a piece of land.
land that has no buildings on it and is not being used: a real-estate business specializing in the sale of vacant land. Want to learn more?