Is Raw Land the Most Underrated Asset of 2023?
Land investing may be the newest way to make cash flow in today’s increasingly difficult housing market. With more and more investors fighting over real estate deals that break even at best, land investors are sitting pretty, with an almost unlimited supply of new investments and an even more robust pipeline of potential buyers. And while land investing may not have the passive income potential of a rental property, there are still numerous ways to take home some serious cash flow by dealing dirt.
Daniel Apke fell in love with land investing after a long history as a serial side hustler. He tried everything from ghostwriting romance novels to setting up stores online, but nothing gave him the financial freedom that land investing did. Then, thanks to a helpful tip from a mentor, Daniel was able to start buying land at SIGNIFICANT discounts. He would then flip this land on or off-market to anyone willing to buy, allowing him to walk away with a handsome payday WITHOUT dealing with tenants, toilets, or trash.
Now, Daniel has built an entire business out of flipping raw land, and the perks of a property-less lot may pique your interest. Whether it’s low competition, no permitting hassles, or the ability to exit multiple ways, land investing could be an attractive alternative to rental property investing as competition gets tough. If you think there isn’t much under the surface of these dirt deals, you’d be wise to stick around!
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Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.