Tuesday, October 27, 2020


4 Effective Ways To Make Profit From Investing In Land.

September 21, 2020 by  
Filed under Money/Business, Tech/Internet, Weekly Columns

(Akiit.com) If you’re looking for an investment opportunity, you’ve probably considered stocks and shares or property investments but have you thought about buying some land? It’s an investment option that often gets overlooked, which is a shame because there are a lot of great ways to make money if you buy a good piece of land in a desirable area. These are some of the best ways to make a profit by investing in land. 

Agriculture 

One of the most obvious ways to make money from your land is to start an agriculture business. Farming is a good industry to get into if you know what you’re doing but it is a tough job, so think about how much work you are willing to put into your investment before you decide to move forward. If you decide that you don’t want to run a full time business, you can still buy land and sell it on to an existing agricultural business. However, it’s important that you have a survey carried out on the land and get the soil tested before you buy so you can make sure that it’s actually suitable for growing.  

Car Parks 

If you purchase land in an urban area, you should consider turning it into a car park. The upfront costs are relatively low because you just need to pay for parking lot paving service (you can find more information about this at https://www.keflatwork.com/parking-lot-paving/) and a small kiosk and barrier. Once your car park is set up, you should start earning money right away as long as you are in a good location. It’s worth checking the prices in other nearby car parks so you can undercut them slightly.

Renewable Energy 

So many people are investing in renewable energy right now because it’s a great way to earn an income without the need to be hands-on all of the time. A lot of farmers and other landowners are converting their land into wind farms or solar panel farms and selling the energy back to the grid. The upfront costs are high but if you can afford it, you can make a lot of profits by using your land to generate renewable energy. Visit https://www.greentechmedia.com/articles/read/how-to-make-money-from-your-land-as-a-solar-developer for a great guide to help you get started. 

Build An Investment Property 

If you think that being a landlord is a good option for you, building your own investment property is a great way to go. As long as you budget carefully, it will be cheaper than buying an existing house and you have full control over the end results. However, your success is largely dependent on the location of your land. If you are planning to build a property, you need to make sure that you research the local area and buy land in a location that is desirable for tenants. 

When you are considering your different investment options, you should give serious thought to buying land because there are so many ways that you can make it profitable. 

Staff Writer; Fred Brown

 

 


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