Thread Rating:
Pender Harbour Development - Farrington Cove
|
03-16-2014, 07:54 AM,
|
|||
|
|||
RE: Pender Harbour Development - Farrington Cove
Here is my concise list of the pros and cons of vacant land as an investment.
The upside: Potential increase in value Build the house you really want The downside: Potential decrease in value Complicated for average person to build the house you really want Notoriously difficult to finance No cash flow Property taxes and/or association fees Maintenance and/or liability insurance Value dependant on the area’s fortunes Permits and approvals may become more difficult as ordinances and political changes occur Zoning restrictions Illiquid Few tax benefits, including that you can’t depreciate land By and large, vacant land continues to be the domain of the strong sophisticated investor with a diversified portfolio. So, good luck to those hundreds of owners on the Sunshine Coast who own vacant lots! |
|||
« Next Oldest | Next Newest »
|
Messages In This Thread |
Pender Harbour Development - Farrington Cove - by Skook - 03-11-2014, 08:06 PM
RE: Pender Harbour Development - Farrington Cove - by RFM - 03-12-2014, 06:56 AM
RE: Pender Harbour Development - Farrington Cove - by Alexcanuck - 03-13-2014, 04:47 PM
RE: Pender Harbour Development - Farrington Cove - by Skook - 03-14-2014, 11:16 AM
RE: Pender Harbour Development - Farrington Cove - by Alexcanuck - 03-14-2014, 02:23 PM
RE: Pender Harbour Development - Farrington Cove - by Alexcanuck - 03-14-2014, 05:45 PM
RE: Pender Harbour Development - Farrington Cove - by JimmyWW - 03-15-2014, 11:44 AM
RE: Pender Harbour Development - Farrington Cove - by Skook - 03-14-2014, 06:45 PM
RE: Pender Harbour Development - Farrington Cove - by RFM - 03-16-2014, 07:54 AM
RE: Pender Harbour Development - Farrington Cove - by Skook - 03-16-2014, 12:02 PM
|
Users browsing this thread: 1 Guest(s)