Everyone is well aware that real estate is one of the most sensible investments one can make. Some may wonder, however, if buying undeveloped land is still considered a wise business decision. The MentalFloss.com staff explains that raw land investment paid off for Walt Disney:
It’s ironic that buying vacant Cape Coral lots for sale somehow requires more spadework than purchasing a pre-existing structure. Demand Media’s Steve Lander writes about how empty lots can become chock-full of investment opportunities, in his article for Global Post:
A glut of waterfront properties with low prices may encourage you to buy a new place in an area where space might run out fast soon. Lisa Greenberg of FOX4 reports: