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Many people buy land in an underdeveloped place waiting and hoping the place starts developing so that they can make profit.
What if they could have made that profit in a shorter period of time through another investment.
It may not be a completely bad idea to do this. Despite the fact that you may not see results immediately, but definitely you will in the long run. Land is a commodity that does not depreciate, but the rate of its appreciation vary from one location to another, in a case like this it becomes a longRead more
It may not be a completely bad idea to do this. Despite the fact that you may not see results immediately, but definitely you will in the long run. Land is a commodity that does not depreciate, but the rate of its appreciation vary from one location to another, in a case like this it becomes a long term investment and if you are looking for fast profit, you may not make it good in this
See lessYes buying of land in underdeveloped area is a very good business which anyone can do because at first let me point out to you,the land you buy at $1000 ten years back can be sold upto $5000 can you imagine the ratio of profit you made now. This is a very good set of business but before you get starRead more
Yes buying of land in underdeveloped area is a very good business which anyone can do because at first let me point out to you,the land you buy at $1000 ten years back can be sold upto $5000 can you imagine the ratio of profit you made now.
This is a very good set of business but before you get started you need to have good amount of money,it’s capital intensive.
You also need documents that is well sign to ensure you are the person that bought the land.
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