2006-06-15 17:03:17 · 11 answers · asked by DAVE H 1 in Business & Finance ➔ Investing
south Florida is a hot market right now. Just imagine the influx of 500,000 cubans immigrating there after Castro dies soon.
2006-06-16 04:53:22 · answer #1 · answered by Mavestyn M 3 · 0⤊ 0⤋
Hot areas are not the place to buy land for investment. The real money is made when you can find land that is cheap but in a few years will be hot. This is not easy to do though. It will take a lot of research and some hunches. Years ago I happened to see some surveyors out measuring a heck of a lot of land along a small river and got to thinking. I did a little investigation and found that it was the army corp of engineers doing this. That told me that they were considering putting a dam there. I bought 50 acres of at that rime nearly worthless land on top of a rocky rise. It was linger than I thought but thirty years later there is a dam there and the property is water front. Oven siting on it that long it produced the same amount of money if I had put it into savings at eleven per cent interest. Not bad at all.
2006-06-16 00:42:13 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Nothing right now. Bad time to invest in real estate. Wait 6 months and you'll pay lower prices as interest rates go up. As to where is hot? Man that depends on how long you keep the property and what exactly you intentions are: commercial, residential, etc.
2006-06-16 00:06:20 · answer #3 · answered by paulie_biggs 2 · 0⤊ 0⤋
Northwestern Alberta has land that sell for around $250/acre. It is cleared and pretty much ready to use as farmland. It can be rented out to farmers so you could realize a return on your investment. Besides that, it is beautiful country with plenty of wildlife, rivers and much to do outdoors.
2006-06-16 00:09:24 · answer #4 · answered by ben d 1 · 0⤊ 0⤋
I was reading it in the Wall Street Journal. They're claiming that land in Atlanta is hot right now. I'd do my homework first, of course.
Buy close to home, where you know what you're getting into.
2006-06-16 00:31:51 · answer #5 · answered by Kriss71 1 · 0⤊ 0⤋
Mexico
2006-06-16 00:06:09 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I have some swamp land in fla that I could sell for the right price.....
always hot there
2006-06-16 00:10:13 · answer #7 · answered by susan o 2 · 0⤊ 0⤋
Water front property. Best investment.
2006-06-16 08:24:39 · answer #8 · answered by ASTORROSE 5 · 0⤊ 0⤋
Land in Hawaii is very cheap. Its all on the beach or overlooking the beach.
2006-06-16 00:05:31 · answer #9 · answered by andyfrogsuit 1 · 0⤊ 0⤋
check loopnet.com
2006-06-16 00:05:37 · answer #10 · answered by philo 2 · 0⤊ 0⤋