Undeveloped Land in High Demand
OtherInvestors have a new target in real estate: undeveloped land. They’re snatching up undeveloped land heavily discounted in bankruptcy proceedings from developers and banks that foreclosed on the builders once they ran out of money for their projects, Reuters reports. The investors then resell the land for up to 20 percent or more returns on their investment. Or, in a buy-and-hold strategy, the investors partner with construction services with Efficient GPR technology in order to develop the land. Click here if you need to hire contractors to clear your land […]