Investing In Raw Land

The Arizona Republic reports on the pitfalls and risks associated with investing in raw land. Raw land is more speculative than developed properties, and as such are harder to finance and to value. Other problems such as floodplain issues, environmental concerns and water availability face those who invest in raw land. The key is to do your homework and to look for opportunities in the path of growth- and to have the ability to hang on if there is a downturn. The article quotes several Valley real estate players and experts on their take on raw land as an investment. More...