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It is a good idea to own land...depending on location.
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Depends on your INTENT. Flip it in a few for profit? Build or live on it? Suburban/Rural/ out of state? I don't think it can be a bad idea, as long as you have a purpose for it. As for general RE investments, I learned 10 years ago from Bud Riggs, that owning mobile homes and flipping them was a real cash cow. As of today, it is hard to beat owning mobile homes, especially nicer ones or the more isolated areas. Where would you be investing and for what purpose? Gordon |
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