Land has been a valuable asset for centuries and it continues to be a solid investment option today. It is the original asset class and can play an important role in your investment portfolio. There are countless options available for investment — stocks, bonds, real estate, cryptocurrency, etc., but land is one of the only investment types where you can enjoy it recreationally while achieving your long-term investment goals.
As Mark Twain once said, “Buy land, they’re not making it anymore.” He was right. Unlike other investments, land is a finite resource and can’t be created or manufactured, making it a valuable and limited asset. Also, land is a tangible asset, you can physically see and touch it, unlike stocks and bonds.
Land is a versatile asset class too. You can use it for hunting, farming, recreation, development, or many other uses. You choose how you want to use your land and even potentially generate income from it too.
One of the main reasons to invest in land is its potential for appreciation. Land has long been considered a stable and reliable long-term investment. For example, as the population grows and the demand for land increases, the value of your land will likely increase. So, as you enjoy your land investment for recreational activities with family and friends, you can watch its value grow over time.
Before investing in land, it is essential to do your research and due diligence. This includes researching the location, terrain, potential uses, access, and other considerations. PotlatchDeltic Preferred Brokers specialize in helping potential buyers, can provide valuable advice, answer your questions, and assist you in finding the perfect land investment that suits your needs.