Investing in land is the fastest way to make your money work for you. But land can be expensive. And while you’re busy saving for your future, all the good land might be taken. Don’t wait for that “someday” to become a land investor. Learn the key tricks to spending less and actually getting more. Check out LandCentral’s How to Get More Land for Less Money:
Buy Raw Land
Raw land is just that, raw. It’s a blank canvas full of potential. Whatever your heart’s desire can become reality on a prime piece of raw land. But that’s not the best part. The best part is that raw land is extremely affordable. This is because it doesn’t come with all the bells and whistles of already groomed land. No septic, no water, not even a leveled out plot for a structure. It’s just land, as nature made it. And it’s the best investment for those who are tight on cash. So we say, buy raw land now, and fix it up later.
Buy in Rural Areas
Remember the push out West? When teams of covered wagons ventured into newly charted territory, determined to own their own land? Well that land was once considered rural. And look at it now. Bustling metropolises worth their weight in gold. When we say buy in rural areas, this is exactly why. Savvy land investors buy up real estate before they become up-and-coming. They know the land is cheaper when the businesses haven’t moved in yet. And with the rate the population in the U.S. is growing, it’s only a matter of time before that rural land becomes one hot commodity. So shop with an open mind and you will definitely get more land for less money. We hear Kansas is beautiful this time of year.
Try Owner Financing
Most raw land comes with an option for owner financing. This is when you take out a “loan” from the land owner themselves and make payments to them on the land you are buying. We can’t speak for anyone else, but LandCentral offers pre-approved owner financing, which is basically like borrowing the money from your best friend with no hoops to jump through. Owner financing is perfect for those with a tight monthly budget. And if you’re paying monthly, you’re more likely to be able to pick a larger plot for less upfront money.
Pay Cash
Paying cash is rare nowadays. If you’re in the position to pay cash for a lot, then the world is quite literally your oyster. Paying cash may be just the incentive an owner needs to drop the price to have a quick and clean sale of property. This will give you the land you want for less money than it was listed. Because you’ll be competing with those hoping for some sort of financing, paying cash will set you apart from the rest.
So there you have it. LandCentral’s How to Get More Land for Less Money. Now go count up that piggy bank and check out our online database of affordable land. It’s never too early to start shopping for land.