1- LakeFront land- The best investment is LakeFront land. When you own property that can be built and the lake is directly accessible, the value of this property will keep going on. LakeFront land typically leads to Subdivision growth. Society has a long established record of developing land near Water areas.
2- LakeView Land- Almost as good as LakeFront land. Basically, LakeView land is less expensive with almost all the same perks as LakeFront land except the obvious - no direct access from your backyard to the lake. However, a block away will be your private marina and boat dock, so really, the land is worth it as long as development is occurring.
3- Golf Course Land- If your land is located in a popular Golf Course subdivision or gated community; you know how profitable and tempting it may be to sell it. Golf Course land has been appreciating greatly, and the Golf Course itself it what starts development in these types of subdivisions. Check out the PGA ranks for Golf Course near land you want to invest in.
4- Gated Communities- Gated communities are attractive because you know it's safe, and you know your neighbors. Other perks include exclusive amenities and high appreciation due to the exclusive status.
5- Ranch Land- Good ranch land is always a great investment. Buy 10 acres near a big town. Wait a little bit, and see your land go up in value. The beautiful part about land investment is that land is simply a finite commodity. You see oil prices going up? Just wait until land becomes even more scarce, and you'll wish you invested in land earlier.
6- Gut Feeling- If you find a good deal, did your due diligence, and have a feeling the land will just go up in value, than go for it. Provided the investment isn't too expensive, you have to experiment and find your own methods for discovering the next location of a real estate book.
7- If the land you want is all of the above, the odds are you have a solid investment on your hands.
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