It is common knowledge that real estate investing has created more millionaires than any other business or investment strategy. Most have heard of several real estate investment strategies such as buying and renting homes, tax liens and deeds, foreclosures, apartment buying, etc. This can become very confusing and now after the “housing bubble”, some may question if real estate is even a prudent
investment.
In real estate there are only three main stages: undeveloped, pre-developed, and developed. It is important to understand the cost and profit potential within each of the three categories.
UNDEVELOPED RAW LAND has a very low cost and also a very low profit potential. Undeveloped areas have very small population, limited infrastructure and are often overlooked by large developers [large housing developments, large commercial shopping centers, etc.] and other economic stimulus. Undeveloped areas are typically not in the path of growth and it could take many decades if ever to be developed and profitable.
DEVELOPED LAND is expensive to acquire and the profit potential has begun to level off when you factor in all of the cost associated with development. A developed area although seen as most attractive by the novice real estate investor is actually the most expensive to purchase and the most difficult to earn large gains.
PRE-DEVELOPED LAND, although more expensive than undeveloped land, has a relatively low cost and a high profit potential. Pre-developed areas have a growing population, growing infrastructure, growing developments and several other sources of economic stimulus. As population growth places an overwhelming demand on a declining finite supply of available land, the remaining parcels of land become more valuable. All 10 Key Growth Indicators must be present to confirm a successful investment.
Land banking is the practice of buying land in the path of growth; more specifically, buying pre-developed land. In a pre-developed area, as major developments complete land investors can find themselves in a unique position to profit substantially. There is no surprise why the majority of America’s ultra-wealthy are land owners. Land banking is a proven safe and high profit real estate wealth creation investment strategy.
There're many secure, very affordable and wise investment options matching the pre-developed land described above. Take advantage of them before they are out of reach by calling KORP Properties on 08183567878. Tell your connections about these opportunities. Also, see an example in video below.
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