Vacant, raw, bare, undeveloped … these generally are not words you would associate with an exciting investment opportunity. But when you pair those words with LAND, you can get excited about one of the most stable and overlooked, long-term investments available. Vacant land. Sure it sounds boring, but that can be one of the best parts about land as an investment. Here are just five reasons why you should consider LAND in your portfolio:
1) Vacant land can be a no-fuss investment. Vacant land means simplicity and stability. You don’t have to deal with any of the problems that can come with owning other types of real estate. There are few, if any repairs, no tenants, no renovations and no utilities.
2) Land is cheap to own. After the initial investment, raw land property taxes are insignificant, there are no mortgage payments, no monthly bills, and the insurance is minimal if you choose to have it at all.
3) Buying land can be extremely easy. We make buying land as easy as buying your favorite book or DVD online. You can browse from the comfort of your home or on your phone, and within five minutes, and as little as $100, you can be a land investor. You’ll emerge completely free of the hand cramps that come from signing the reams of paperwork for a traditional mortgage.
4) Land is a tangible asset. While your stocks can become worthless paper overnight, you don’t have that problem with land — it’s still there. Land is a solid, tangible asset. It doesn’t wear out, it won’t break and no one is going to walk off with your land in the middle of the night.
5) “They aren’t making any more of it.” This famous Mark Twain quote may sound cliché, but land is a finite resource. This is what makes land a good investment, especially as a population grows and the demand for land rises.
The United States is a giant country, with roughly 3.8 million square miles of land stretching between its coasts. That translates to a width of about 2,800 miles — not including Alaska and Hawaii. With all that acreage, there's a great deal of diversity: The country boasts snow-covered mountains, lush rainforests, low-lying savannas, and wide, rolling plains. The temperature and climate also vary wildly, as do the visual landscapes. But what does the United States do with all of that land, and how does it allocate its resources? The U.S. can be divided into six main categories of land use. From largest to smallest, these include grasslands, forest-use land, croplands, special-use areas, miscellaneous land and urban areas. Grassland and forestland each comprise about one-third of the country's acreage. The former is found everywhere, but particularly east of the Rocky Mountains, from the badlands of North Dakota to northern Texas, and in the West in the Great Basin areas of Oregon, California and Idaho. Forestland is also found everywhere, but most notably in the eastern part of the United States, where roughly 83% of it is privately owned. Cropland is the third-biggest type of land, with 391,975 acres of farmland spread throughout the country, 86.7% of which is in active agricultural use.
1. Forest-use land: 15,827,000 acres (46.1% of all land)
2. Special-use areas: 5,138,000 acres (15% of all land) -- Rural transportation: 413,000 acres (8% of special-use land) -- Parks and wildlife: 3,920,000 acres (76.3%) -- Defense and industrial: 664,000 acres (12.9%) -- Farmsteads and farm roads: 141,000 acres (2.7%)
3. Grassland pasture and range: 5,100,000 acres (14.9% of all land)
4. Urban areas: 4,901,000 acres (14.3% of all land)
5. Cropland: 2,834,000 acres (8.3% of all land) -- Cropland used for crops: 2,122,000 acres (74.9% of cropland) Idle cropland: 452,000 acres (15.9%) -- Cropland pasture: 260,000 acres (9.2%)
6. Miscellaneous other land: 520,000 acres (1.5% of all land)
Right now Michigan is the 5th best Economy out of all the states and also the 4th Largest economy!
2018 GDP:$917.0 billion (4th largest)
~~~ More than 60 animal species from the Florida Everglades are endangered animals~~~
~~~ Florida Constitution bans the separate imposition of an estate or inheritance tax!!!~~~
~~ Florida is 1 of only 7 states that impose no income tax & is the only “no tax” state well suited for retirees~~
CLICK HERE TO LEARN FUN FACTS ABOUT FLORIDA https://en.wikipedia.org/wiki/Florida
1. Forest-use land: 19,262,000 acres (53.2% of all land)
2. Cropland: 7,766,000 acres (21.5% of all land) -- Cropland used for crops: 7,192,000 acres (92.6% of cropland) -- Idle cropland: 483,000 acres (6.2%) -- Cropland pasture: 91,000 acres (1.2%)
3. Special-use areas: 2,707,000 acres (7.5% of all land) -- Rural transportation: 855,000 acres (31.6% of special-use land) -- Parks and wildlife: 1,613,000 acres (59.6%) -- Defense and industrial: 13,000 acres (0.5%) -- Farmsteads and farm roads: 226,000 acres (8.3%)
4. Urban areas: 2,355,000 acres (6.5% of all land)
5. Miscellaneous other land: 2,112,000 acres (5.8% of all land)
6. Grassland pasture and range: 1,982,000 acres (5.5% of all land)
Right now Michigan is the 14th best Economy out of all the states and also the 14th Largest economy!
2018 GDP:$468.4 billion (14th largest)
~~~What State has more Natural beauty than PURE MICHIGAN! Great Lakes and Outdoors!~~~
CLICK HERE TO LEARN FUN FACTS ABOUT MICHIGAN http://state.1keydata.com/michigan.php
1. Forest-use land: 19,495,000 acres (64.9% of all land)
2. Cropland: 5,174,000 acres (17.2% of all land) -- Cropland used for crops: 4,372,000 acres (84.5% of cropland) -- Idle cropland: 638,000 acres (12.3%) -- Cropland pasture: 163,000 acres (3.2%)
3. Grassland pasture and range: 2,715,000 acres (9% of all land)
4. Special-use areas: 1,033,000 acres (3.4% of all land) -- Rural transportation: 422,000 acres (40.9% of special-use land) -- Parks and wildlife: 315,000 acres (30.5%) -- Defense and industrial: 168,000 acres (16.3%) -- Farmsteads and farm roads: 128,000 acres (12.4%)
5. Miscellaneous other land: 884,000 acres (2.9% of all land)
6. Urban areas: 730,000 acres (2.4% of all land)
~~~Birthplace of Elvis Presley The King of Rock n Roll!~~~
CLICK HERE TO LEARN FUN FACTS ABOUT MISSISSIPPI http://state.1keydata.com/mississippi.php
1. Forest-use land: 15,920,000 acres (52.8% of all land)
2. Cropland: 4,247,000 acres (14.1% of all land) -- Cropland used for crops: 3,816,000 acres (89.9% of cropland) -- Idle cropland: 318,000 acres (7.5%) -- Cropland pasture: 113,000 acres (2.7%)
3. Special-use areas: 4,077,000 acres (13.5% of all land) -- Rural transportation: 441,000 acres (10.8% of special-use land) -- Parks and wildlife: 3,355,000 acres (82.3%) -- Defense and industrial: 143,000 acres (3.5%) -- Farmsteads and farm roads: 137,000 acres (3.4%)
4. Urban areas: 2,638,000 acres (8.7% of all land)
5. Grassland pasture and range: 2,397,000 acres (7.9% of all land)
6. Miscellaneous other land: 882,000 acres (2.9% of all land)
~~~New York is quite possibly the best kept secret in America. Not talking about New York City~~~
~~~Great Education 200+ Colleges! Upstate N.Y. is breathtaking!! Hiking Trails & Wineries Galore!~~~
CLICK HERE TO LEARN FUN FACTS ABOUT NEW YORK http://state.1keydata.com/new-york.php