The raw land development process is often viewed as a complex investing strategy—one that only “experts” should consider taking on. While investing in undeveloped land is a complex strategy, beginners shouldn’t necessarily avoid it. In fact, I would argue that new investors can successfully invest in raw land if they mind due diligence and prepare for more work than what usually accompanies traditional exit strategies. If for nothing else, developing raw land comes with more steps.
There is no shortage of opportunity in the real estate industry as an investor. From investing in residential, multifamily, and commercial properties, the real estate industry offers scores of options investors can pursue. One of the more under-utilized investment opportunities is raw land investing, and there is no reason to ignore it anymore.