World's No.1 Entertainment Blog...Bringing the unknown to you at your doorstep...

Advertisement

Advertisement

What is Land Banking?

The name implies almost exactly what it is. Rather than putting cash into a savings account (where it will earn a maximum of 1% interest every year) or the stock market (which has become increasingly unpredictable in recent years), some entrepreneurs have taken an alternative approach by acquiring LAND and in doing so, they have chosen to park their cash in a tangible, fixed asset – one that cannot be broken, stolen or destroyed.
Vacant land gets ignored by most new investors because let's be honest – it just doesn't sound that exciting. Unfortunately, this causes most people to overlook a lot of the advantages that land has over traditional real estate investments (e.g. – houses, apartment buildings, commercial properties, etc.). Unlike most residential and commercial buildings, land costs virtually nothing to own… no utility payments, no tenant problems, no termite infestations, no leaky faucets, no broken toilets (and if you buy it the way I do), no mortgage payments.
Think about it… you can buy a piece of vacant land today, walk away from it for 10 years and when you come back,nothing will have changed. Can you think of a safer investment?
And think about the economics of land…   this is a resource with a supply that is always going down (after all, they aren't making any more of it) and a demand that is constantly on the rise. Given the value proposition that comes with owning land, I often find myself scratching my head and wondering“Why aren't more investors involved with this??”
Share:

No comments:

Post a Comment

Humbsblog TV

wema

UBA

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Sponsored ads

Sponsored ads

Sponsored ads

Sponsored ads

Sponsored ads

Sponsored ads

Advertisement

Advertisement

Sponsored ads

Sponsored ads
Click here and learn more

Contact us

Email: humbsblog@gmail.com Call us: +(234)8160447805

Advertisement

Advertisement

Popular Posts

Labels

Blog Archive

DEEGRAPHY

SOCIAL GOVERNANCE

SOCIAL GOVERNANCE
SOCIAL GOVERNANCE

Trending Stories

Advert