Why I’ve switched to land investing

HaveEducationCourse
Classifieds

Why I’ve switched to land investing

G. Brian DavisPro Member
Investor · Hatboro, PA · Member since 2016 · 3k+ posts · 890 votes

Residential rentals can be a pain, between tenants, repairs, and regulations. We’re earning way higher returns on land right now instead.

https://sparkrental.com/land-course

I once had a professional tenant that took 11 months to remove. When I finally got them out, they had punched through every cabinet door and broke everything they possibly could in the house out of pure spite. All in all I lost $25,000 on them.

I’m sick of the BS. I’m sick of the 3am phone calls about clogged toilets or burnt-out light bulbs. I’m sick of the constant maintenance and repair costs — last year it was a plumbing problem, this year it’s the furnace, next year it’ll be the roof.

Which says nothing of growing anti-landlord regulation in the US.

My partner Deni and I are switching gears to land investing. No tenants, no repairs, no regulation.

And far less competition. With housing prices soaring, we’re looking at lots that cost a few thousand dollars, rather than rental properties that cost a few hundred thousand dollars.

Here’s an awesome case study on how one employee reached financial independence with land and quit his day job within 18 months. He followed a very specific strategy involving delinquent tax sales — if you want to follow the same blueprint check out this land investing course.

Scott earns 200-300% returns on his land investments. No exaggeration. Far cry from the 7-10% that you’re lucky to earn with rental properties!

Have you ever invested in land? What did you learn along the way, and how did it go?

0Reply
8 views

1 Reply

Jump to latestLatest
  • Real Estate Broker · Portland, OR · Member since 2018 · 126 posts · 71 votes
    4y

    I am a real estate broker in Oregon and Washington. We have an urban growth boundary - its intent is to preserve valuable farmland, prevent sprawl and focus development into denser areas. This imaginary boundary is reviewed on a regular basis and expanded at times. So yes, I have clients who "speculate" on which parcels and areas might be brought into the boundary in the future - some on 5 and 10 year land banks. Investing in land is a very long term play, at least in our market. If they choose well, huge upswing if their parcel is eventually brought in. 

Join the conversationCreate a free account to reply, vote on answers and follow this thread.