While it’s natural to consider residential rentals when building your real estate portfolio, you may want to take a page from the book of savvy investors. Beginner investors are often attracted to investing in land because of the lower outlay of funds for entry into the market. However, whether you are a beginner or a seasoned expert, you should be aware that land prices rose nearly 7 percent in 2021, the second-highest increase, trailing just behind single-family rental properties. As a result, land sales surpassed other commercial investment types with a 6 percent increase in 2021, with residential land sales accounting for 4 percent of residential real estate sales.
If you should find yourself wondering what these experienced real estate investors know about investing in land that makes it so attractive, read on as we explore five reasons you should add land to your Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston real estate portfolio. This article is for informational purposes, not financial or legal advice.
Supply and Demand
The supply of land in Johnston County, NC is affected by various factors, including land availability, land-use regulations, and economic conditions. For example, if there is a limited amount of land available for development or if land-use regulations are strict, this can reduce the supply of land. Economic conditions, such as a recession or a slowdown in the housing market, can also lead to a decrease in the supply of land.
The demand for land in Johnston County, NC is influenced by a range of factors, including population growth, economic growth, and housing market conditions. If the population of Johnston County is growing, this may increase the demand for land as more people look for housing or as businesses look to expand. Similarly, if the local economy is growing, this can lead to increased demand for commercial and industrial land.
Overall, the supply and demand of land in Johnston County, NC is influenced by a complex set of factors, including both local and regional factors. It’s best to consult with a local real estate agent or research current market trends to get more specific and up-to-date information about the supply and demand of land in the area.
TLC Estate investment group recommends adding land to your real estate portfolio, and can help you to find the perfect piece of land for your guaranteed highest ROI.
Low Competiton, Low Stress
Investing in land is often considered less competitive and less stressful than investing in other types of assets for several reasons:
- Limited supply: Unlike stocks, bonds, or other financial assets, land is a finite resource. There is only so much land available in any given location, and once it’s gone, it’s gone. This can make the supply of land relatively limited, which can create a more stable market with less competition.
- Tangible asset: Land is a tangible asset that can be physically visited and inspected. This can provide a sense of security to investors, as they can see and touch their investment. Land does not depreciate as other assets, like cars or machinery, might. Land can also be improved to increase its value over time.
- Fewer regulatory hurdles: Investing in land can involve less regulation and red tape than other types of assets. For example, investing in stocks or bonds often requires a broker or financial advisor, and there may be more complex rules and regulations to follow. Investing in land can be as simple as purchasing the land and holding onto it for a period of time.
- Less volatile: The value of land tends to be less volatile than the value of stocks or other financial assets. While the value of land can fluctuate over time, it typically does so at a slower pace than the value of stocks or other investments.
Overall, investing in land can be a less stressful and less competitive option for investors looking for a long-term investment strategy. However, as with any investment, there are risks involved, and it’s important to do your due diligence and research before making any investment decisions. Professionals from TLC Estate will make your investment experience as smooth as possible.
Low Maintenance
The ease of maintaining the land is another reason you should add land to your Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston real estate portfolio. Other than property taxes or possibly scheduling routing mowing services, there is typically little to do to hold land. Professional buyers like those at NC TLC Estate can help you handle any of your property maintenance needs with their vast connections in the real estate industry. In addition, the professional buyers at NC TLC Estate help save valuable time and decrease the expenses of maintaining your real estate portfolio through the skills of their full-service in-house team of the most highly regarded industry specialists in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston, from attorneys to the closing table, along with our excellent property management team.
Proven Long Term Profitability
Another reason you should add land to your Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston real estate portfolio is the proven long-term profitability of this investment sector. Professional buyers like those at NC TLC Estate understand the keys to the success of land investments and can help guide you as you learn the ropes. In addition, the professional buyers at NC TLC Estate will help you perform due diligence and run the numbers to ensure you are adding the right property to your real estate portfolio.
Diversity
Last but not least, diversity is a reason you should add land to your Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston real estate portfolio. The reasons to diversify are twofold: to protect your holdings from economic influences or other factors that may cause a downturn in one sector and to increase the odds your portfolio will grow in value. Your imagination is the limit of the type of land you add to your real estate portfolio and how you profit from the land. Professional buyers like those at NC TLC Estate understand the risks and benefits of multiple options when buying land. The professional buyers at NC TLC Estate will guide you as you explore different types of land for investments, from commercial use to residential, industrial or agricultural.
Talk to the professional buyers at NC TLC Estate and find out why you should add land to your Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston real estate portfolio. Let the pros at NC TLC Estate help you find the perfect property to fit your budget, from beginning investors to real estate moguls. The professional buyers at NC TLC Estate can help you find the perfect piece of land or ask about our current inventory of the best investment properties available in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston. The professional buyers at NC TLC Estate bring a team with an investors mindset to save time and make the highest possible profits by helping you with every phase of maintaining a healthy and well-balanced Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston real estate portfolio. Call NC TLC Estate at 919-920-7081.