Why Raw Land is a Great "Niche!"

Raw Land is a great "niche" within real estate investing. Why?

There's little if any cost in pre-screening properties and once you do a few pieces of raw land in a given area, it just gets easier and faster the more you do.

 

Since the investment is mainly in time, one of the things I like is I can squeak it into small time blocks I have or in the late evening or early morning hours whenever it's convenient for me.

 

Just these couple of aspects makes Raw land one of my favorite "niches," if you will, in real estate investing.

 

But, there's even more!

The reasons are many:

1)   No physical improvements to inspect

2)   You can see if it's in an area of potentially increasing value or in the "Path of Progress"

3)   You generally can have a clean slate to work with

4)   There are a multitude of Exit Strategies and options to include staggered options

5)   There is a definite amount of work you know that has to be done to get it to the point of being developed, as far as the land is concerned (irrespective of local or state government requirements which can change and are numerous).

6)   It's generally easy to see what you are getting

7)   You can sometimes slice and dice; buying it by the gallon and selling it by the shot

8)   It's usually easiest to get seller financing when purchasing and, when structured properly, you can offer seller financing when you sell, too.