Thursday, August 8, 2013

33 Guidelines for investing in real estate......

Guideline #23:   There is a lot of land.

Some lessons are learned harder than others.  Value is derived from use (Guideline #4), location (Guideline #5), and difficulty of replacement.  Look at Google Earth sometime.  Vacant  land suitable for development is anything but scarce in this part of the world.  If you invest in land, be prepared to be very patient.

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