This is Optimal Finance Daily Episode 2085, the benefits of investing in land by Alexa Mason of the College Investor.com

and I'm your host and personal finance enthusiast Diana Mariam.

We're going to get right to today's post as we optimize your life.

The benefits of investing in land by Alexa Mason of the College Investor.com

When you think of real estate investments, rental homes, commercial properties and foreclosures come to mind.

Those certainly are the most common. But what about land?

A large plot of land is getting ready to go up for sale next to me, which has put this type of investment on my radar.

Like anyone looking to make a well thought out and profitable financial move, I started digging deeper into the pros and cons of making this kind of investment.

Benefits of investing in land.

It didn't take me long to come up with some good reasons to invest in land.

I also called on a close friend who has a few plots of vacant land to see what he had to say.

Number 1. It's a limited resource.

Nobody is making any more land. Unlike products that come from the factory, there's a finite amount of land.

This one reason makes land insanely attractive to me.

Number 2. There's little maintenance compared to other real estate investments.

One of the beauties of vacant land? There are no buildings. There's no fixing leaky roofs, clogged toilets or replacing carpet at every tenant turnover.

Nobody is living on the land. It can't get much simpler.

Number 3. You can start inexpensively.

While you're not going to swoop up 100 acres of farmland inexpensively, there are some other types of properties that you can get started with.

I visited the MLS from my area and found vacant land that from a quick search looked to be appealing at only $8,000.

The money that you'll need to spend will vary based upon the goal you have for your land. You should know your goal before buying.

And number 4. It can be profitable.

...