Author: Andrew Davis

Investing in vacant land can indeed offer lucrative opportunities for investors. However, it’s essential to recognize that holding onto vacant land can also come with its own set of costs and considerations, both immediate and long-term. One primary consideration is the financial obligations associated with owning vacant land. Beyond the initial purchase price, landowners must … Continued

You’re the owner of a piece of vacant land, but you’ve realized you’re not interested in holding onto it for the long term, especially with the burden of yearly taxes. Initially, you purchased the property with plans to build, but now it seems unlikely that will happen. You’ve just received an offer on your vacant … Continued

Investing in undeveloped property can offer significant benefits. However, owning such land may come with unforeseen expenses, whether immediate or future. Considerations include yearly taxes and possibly fees from a homeowner’s association, fewer tax advantages, challenges with cash flow and upkeep of the property, as well as fluctuating market trends. Reach out to Bohemia Acquisitions … Continued