Land Banking

What is land banking? Simply put, it's the process of buying and holding unimproved real estate. Land banking is done for a number of reasons. Local governments can engage in it in order to preserve stretches of land or to have the option of changing their use at some time in the future. Individuals also utilize land banking as a potentially very lucrative investment.
Comments on article "Land Banking"
Name Views and CommentsDate
electra I invested in land banking in Alberta, Canada through a company called La Terra Ventures Inc. I spent a lot of time researching companies doing land banking and feel very confident in my choice to invest with La Terra. I recommend looking into this opportunity if you are interested in this type of investment.

Google: La Terra Ventures		 4/16/2009
Michael This is rubbish. Most Land Banking loses money and most people abandon the plots once they realise they cant make money and they are liabel for maintenance. Do a search for Land Banking Scams on the web. 3/19/2009
Sam Britt This was a really well written article. Would you consider doing a follow up on a company called Land Resource Investments?
LANDBANKING DESCRIBED IN DETAIL. Darren K. Proulx, owner of Land Resource Investments, Inc. and author of the acclaimed book, Pay Dirt, recommended by Ken McElroy, Rich Dad Advisor describes how "teaming up with one or more investors can let you buy property you normally couldn’t afford and leverage your investment," using the power of group purchasing. As Darren K. Proulx points out in Pay Dirt, "the optimal time to buy land is during a downturn (optimally during a recession)," which would be right now .

Whats your thoughts? Please phone me if your intrested. 775-338-4126		 3/12/2009
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