Is Now the Time to Buy Land?

With all of the ups and down over the last few years in the real estate market, many investors are left to wonder if it is yet Property For Sale Under 5K safe to purchase and invest in land. There are a few guidelines for investing in land and they are easy to remember and apply.
The first rule to remember is that if you own real estate the “right way” then it is always a safe and good investment. By the “right way” I mean, with a high amount of cash down, if not completely paid off altogether. There is no greater peace of mind than to have your home paid off, especially in the unsure times of today. For many people, like young couples or people with low paying jobs, this may not even be an option. For those whom this strategy is a possible or realistic one, real estate is the safest place to store your cash, and avoid being taxed on it.
Besides the fact that when you buy a home outright, you can always rent it and you will have a nice littler income generated from it. Let us say you earn $300,000 per year in your business and the income tax for your tax bracket would simply take about half of that amount, if not Alternative Real Estate Companies more. The smart thing to do is to pay for a house with that money instead of pay your taxes, so you will be taxed only on the income generated in the form of rent, and not the amount you put down. Consulting with an accountant can help you understand this idea more clearly.
Buying building lots for investments can be more risky because their is an over abundance of inventory in most U.S. markets, due to overzealous lenders and developers during the boom earlier in the decade. After this inventory gets absorbed, building lots will again be a very good investment. They really are actually a good one right now, they simply will not yield much return for a while which makes the scenario in which you would invest an investment with a higher return more appealing.
To purchase and hold any land right now is a safe bet as long as you are not financing it so that it saps your finances. Buying building lots and letting them sit empty for joint venturing with a builder is a good idea as long as you are not left holding the bag for the fallout if things go sideways, as they sometimes do.

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