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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: tejek who wrote (865)8/6/2012 7:45:10 PM
From: John Vosilla1 Recommendation  Read Replies (3) of 2722
 
Plus, they aren't making any more land. That's the ultimate mantra of the RE investor.

Equity and cash flow the holy grails. As to land there is plenty of vacant land but either government controlled, not feasible to go through the approval, rezoning and subdividing process, build improvements and infrastructure or worth very little as too far from where people want to live. We have a unique situation in many parts of FL where countless land booms going back to the 1920's allowed platted subdivisions with infrastructure to be approved thus hundreds of thousands of lots sold to individual speculators ready to build on at any time thus keeping a lid on appreciation during even normal uptrending periods.
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