Land banking is when someone buys up land and holds onto it until the price goes up and he or she can sell it for more than the original buying price. You can kind of think of it as stocks, where the very basic premise is to buy low and sell high.
An investor practices “land banking” by purchasing a quantity of raw land and then holding onto that land for a period of time. When the land goes up in worth and becomes significantly more valuable than it had been, the investor sells it and makes a profit.
Click here to cancel reply.
Sorry,At this time user registration is disabled. We will open registration soon!
Don't have an account? Click Here to Signup
© Copyright GreenAnswers.com LLC