Thoughts about buying land?

[Mitch Walker]

Hello all,

I'm a travel nurse who has family in FL and I'm originally from Tampa.   I don't currently live in FL, but, have thought about buy small parcel of land.  Not really to invest for, but rather....just to have and hold and perhaps,....15 years from now, maybe build on it.  Or maybe sell it.  I've found some that are cheap that I could pay cash for them.  I've never owned real estate and after paying off student loans in 2022...I'm presently saving as much as feasibly possible once the travel market pay dies down and I go back to staff somewhere.  Curious as to an experienced investors' thoughts, if this is worthwhile or if I should save my money for a property w/improvements.  Note:  I'm talking parcels/lots that are $20K or under.

Thanks, Mitch

[David Lorenz]

Hey Mitch,

I have not personally invested in land, but I would recommend you check out @Jonathan Greene podcast ‘Zen and the art of Real Estate Investing’. The latest episode, I believe 44 was all about investing in land. It’s worth a listen