For years, land banking has been a solid and rewarding investment. It has reaped big dividends for big-names such as Bob Hope and Howard Hughes right down to small market-gardeners on the fringes of growing cities. All over the world people have got rich.

The investment theory is simple. Just buy a largish parcel of rural land – usually a few acres – as close as possible to a spreading urban sprawl. And wait a few years.

One day, the land will be needed for houses and, presto, its value will increase ten-fold – even more. Suddenly, you're a squillionaire. If you're lucky, you may have enough life left to enjoy your new-found riches.

Yes, land banking requires patience. Investors can die waiting. The cost of holding the raw land can also be crippling. Nevertheless, if income productive land can be found or if its cheap enough, land banking may be an excellent investment.

Provided you avoid the latest rash of conmen who are ripping-off thousands of small investors with their dodgy land-bank scams. All over the world people are getting ripped.

Via The Jenman Group.
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