This is excellent advise but you have to be careful. Not all land is an asset. And land that just does nothing is not an asset. Buy land (tangible asset) and then sell timber, bale hale, seed it for grazing land, avian or animal sanctuary...and many other options.
Or if you can, buy then sit on it til you can sell. This can be risky and/long term commitment. You will still have taxes to pay on it and probably maintenance.
Best land is to find area that has growth heading toward it. Yet again, long term commitment.
Research options for the land before you start looking. Don't get ahead of yourself.
This is excellent advise but you have to be careful. Not all land is an asset. And land that just does nothing is not an asset. Buy land (tangible asset) and then sell timber, bale hale, seed it for grazing land, avian or animal sanctuary...and many other options.
Or if you can, buy then sit on it til you can sell. This can be risky and/long term commitment. You will still have taxes to pay on it and probably maintenance.
Best land is to find area that has growth heading toward it. Yet again, long term commitment.
Research options for the land before you start looking. Don't get ahead of yourself.