From the video:
Thinking about what to invest in, in Fort Garland? You might find this interesting: vacant land is a compelling opportunity right now. Make sure you read this blog post to learn 4 reasons why investing in vacant land in Fort Garland might be a viable option.
When you ask some real estate investors what you should invest in, they’ll probably tell you that you should invest in houses. Houses get all the attention from TV shows, fancy education programs, and podcasts. It’s easy to understand why. It’s got an element of glamour to it. Everyone loves a beautiful fix and flip.
However, that’s not the only way to invest! There are many different viable investments, including commercial property, vacation property, and even vacant land!
Vacant land may provide one of the most compelling investment opportunities right now. Here are 4 reasons why investing in vacant land for sale Fort Garland Colorado might be a viable option.
4 Reasons Why Investing In Vacant Land for Sale Fort Garland Colorado Might Be A Viable Option
Reason #1. Real estate prices tend to go up
No one is making more land, yet there are more and more buyers. Therefore, the price of real estate tends to go up.
(Sure, there are price variations in the short-term but over the long-term, prices tend to rise.)
Therefore, an investment in real estate has historically provided a positive return.
Reason #2. Multiple exit strategies
Investing in a rental property or vacation property gives you just one way to make money – rental income! But when you invest in vacant land, you can sell it, rent it, develop it and rent it, develop it and sell it… and more!
This is especially true in an area like Fort Garland and southern Colorado. People love to live here with close access to the mountains. And people love to play around in the mountains right? Hiking, biking, walking, hunting, fishing, camping, the list goes on and on. Each of those activities provides you with additional exit strategies.
The sky’s the limit, which means you have more ways to create a positive return.
Reason #3. Popular growth
In general, the population grows faster than it declines. Some of this growth is from people moving from one area to another, and a lot of this growth is from babies being born.
Well, those new-to-the-area people will want houses, so will the families with babies and kids… and someday those kids will grow up and want homes of their own!
Owning vacant land positions you to serve any of these groups that you choose.
Reason #4. Market ups and downs
You might be reading this and wondering if the market is not very good and whether you should wait to make the investment. However, just remember this: all markets are different and local markets don’t necessarily follow the national economy.
Besides, markets may go up and down but, over time, economies tend to rise. Therefore, if you buy during a market decline, that’s great because you bought low and you can wait to sell high; or, if you buy during a market rise, that’s great too because you have many ways to add even more value during a period of increased demand.
It’s a similar philosophy when you’re investing in the stock market, right? There are market ups and downs, the more important part is that you buy in, not that you buy at a high or a low.
From residential to commercial to vacation properties – there are many compelling investment opportunities but these are just 4 reasons why investing in vacant land in Fort Garland might be a viable option for you.
Want to see what vacant land investment opportunities are available in Fort Garland? Click here or call our team at (313) 349-0434
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