Posts tagged ‘Buying Land’

Buying real estate in Panama is a great investment and smart choice for savvy buyers. The land in Panama encompasses an amazing selection of choices ranging from land along the Pacific coast to wooded property in the interior to the sultry real estate along the Caribbean coast.

Panama is a tropical paradise that offers a wealth of amenities such as low crime rates, low population density, friendly natives, and very low pollution. Best of all Panama land is affordable especially when compared with other countries in the Caribbean or along the Pacific coast. The great climate found in Panama is a prime attraction to many who are interested in buying real estate in the country. The country has two main seasons. Verano is the dry season that occurs in the summer period from January to May. Invierno is the rainy winter season that extends from May to December. Continue reading ‘Buying Land in Panama’ »

The point of this article is pretty simple. Buying land is a terrible investment strategy. If you are interested in real estate, then this is not the way to go. I’m sure you have heard numerous stories from friends and family about that great piece of land they bought on a limb and how the real estate broker told them the other day it was worth seven times what it used to be. They probably aren’t lying either, but this article is not about that. This article is about buying land as an investment strategy when you go into real estate. To understand why it’s bad let’s go over some business basics first.

When you go into any business the key to surviving is pretty simple. Keep your revenues above you expenses. This is so simple a kindergartner could understand it right? So, why is it that people think buying land is smart? Some of you may ask “would you say that about stocks?” No, I wouldn’t say that about stocks and here in lies the key difference. Stocks pay you something called a dividend. It’s either a quarterly or annual payment you get from each share. Getting the picture yet? Besides that, stocks don’t cost you property tax and other expenses each month. Continue reading ‘Why Buying Land is a Bad Idea’ »