CFDD 099 - What Can You Do with Vacant Land?
Release Date: 02/16/2014
If you have land with nothing on it, why not give it to someone who is building something that creates cash flow? You can then share in the profits. You already have the land. You just have to figure out what it might be good for. Maybe you have a piece of land that is in a really windy area. If it’s a large enough parcel, why not approach someone who builds wind farms to create additional electricity and then share in the profits. The deal is that you have to look at the land and figure out what it might be good for and then find partners to get you into a cash flow position. In this brief Cash Flow Diary Daily episode, top investor J. Massey explains how you need to open your mind to find uses for that vacant land you might be complaining about!