We know how important financial security is to you and your family. But making the right investments and understanding the best ways to improve your finances can get to be a bit complicated.
At Santa Cruz Properties, we offer individuals and families alike one of the safest types of investments – land. We offer a variety of options and opportunities available to individuals and families interested in purchasing owner-financed lots all throughout Hidalgo and Starr counties.
If you are uncertain about the value of land, then please consider the following 8 reasons why investing in land could be extremely profitable to you.
8 Reasons You Should Invest in Land
Unlike stocks, land is not as volatile. You can find a good deal with Santa Cruz Properties and sell it years later for a higher price. Land is a long-term, tangible asset which never depreciates.
Easier to Research than Stocks
To invest in the stock market, you need to be well prepared, informed, and have a solid amount of experience to make the right decisions. You also need to be aware of the type of company you are buying stocks from as well as obtain the assistance of a broker and fund manager.
On the other hand, buying and investing in land is much easier. While you will need to do some research in order to best understand what can be done with your particular plot of land, much of this information is readily accessible with just a bit of research and the Internet.
An Option for Every Budget
It is widely believed land is expensive but that’s not actually the case. There is a property for every budget and any land owned can turn out to be a solid investment.
To help you determine your budget, you should consider your ultimate goal. Are you just going to be holding on to it? Do you want to use it for commercial or residential properties? Whatever you decide, there’s a plot of land that should suit your needs.
It’s All You
You call the shots. No need for a broker or fund manager. You have 100% control over how much you invest in your land and what you do with the property. You don’t even have to deal with banks or mortgages if you buy the land cash. Even the value of the land is in your hands if you decide to take actions to increase its worth.
You don’t necessarily have to make any improvements to your land in order to earn profits. You don’t even have to sell it right away either as you can:
- Lease to a farmer (if the land is agriculturally zoned)
- Lease to a business (if the land is commercially zoned)
- Build a home and lease to a family (if the land is residentially zoned)
It’s a Limited Resource
There’s only so much land available; this makes it very valuable. This is especially true when you buy land placed in the path of growth.
Land doesn’t really need maintenance. Unless you lease the property, you won’t have to worry much about maintaining it aside from county or city regulations.
Even minimal cosmetic changes can do wonders to enhance the outward appearance (and the curb value) of the property, allowing you to sell at a higher price should you choose to do so.
Little to No Competition
When you think about investing in property, flipping houses might come to mind. Few people think of investing in raw land. This means it is easier to negotiate pricing and potentially sell off your property later down the road.