The Trusted Home Buyer Logo602-456-4440

5 Ways To Use Your Profits After Selling Your Land in Phoenix !

Martin Boonzaayer

December 5, 2019

Do you own a piece of land that’s just sitting there? Selling your land in Phoenix is a great way to get some extra cash! Get some ideas on what to do with your profits in our latest post!

There are many people holding onto a piece of land just to feel as if they have an investment. But if isn’t doing anything for you, then what’s the point? Your investment should provide you with income, dividends, or the potential to resell for more than you paid for it. Land doesn’t always appreciate as quickly as investors would like to see. If you have no plans to develop the land or have been thinking about it for years, but are yet to break ground, selling it for something better might be worth it for you!

Make A More Profitable Investment

Land doesn’t typically bring in the income that other real estate investments do. If your land is just sitting there, not doing much for you, reinvesting elsewhere may be a better way to go. A smart investor will take the profits from their unused land and reinvest the money into a rental property, a commercial property, or something that will generate an income for them month after month. Land can be a profitable investment, but many times you will have to wait for the value to increase or develop the property yourself. Not everyone has the time or money for these options.

Pay Off Your Debt

Whether it be student loans, credit card bills, or a mortgage, many of us have debt in one form or another. While some debt is technically good, having too much, isn’t. Being free of a car payment of student loan payment each month can be life-changing. Even eliminating one bill each month can help boost your credit and help to put you in a better place financially.

Go Back To School

You can go back to school at any point in your life. Maybe you want to finally earn your degree or maybe you want to take a pottery class at the local community college. Learn to rock climb, grow bonsai trees, or how to play tennis. You can use the proceeds for self-improvement in all sorts of ways, which can be one of the best investments you can make.

Start A New Business

It seems as if everyone has a business idea floating around in the ack of their head. But what if you could make this dream a reality? Most businesses come with some start-up costs, but by selling your land in Phoenix you’ll have the capital to finally get your business off the ground. Whether you need supplies, equipment, office space, or a helping hand, the money you earn from the sale can give your business a huge headstart.

Travel

If you’re like many people, you have often dreamed of visiting some far-off, exotic location, a million miles away from where you live. When you sell your unused land in Phoenix, you can do just that. Whether you want to go to Hawaii or Antarctica, the profits from the sale of your land can provide you with an experience that will last a lifetime. As people get older, one of their biggest regrets is that they didn’t travel more. If your land is just sitting there, use the opportunity of a quick and fair sale to do something that you will never forget.

Are you selling your land in Phoenix? The team at The Trusted Home Buyer will make you a fair offer and close as quickly as possible. What could you be doing with all that extra cash?

Selling your land in Phoenix can be simple! Contact us today for more information! 866-488-9923

Explore more

October 10, 2021
Buy For You

If you would like to buy a house (or have a client who does) and struggle to get your contingent or financed offer accepted, make a cash offer instead!  Once your offer is accepted, The Trusted Home Buyer will buy it for you with our cash, and you can move in immediately. Imagine a stress-free […]

Read More
October 10, 2021
Short-Term Lending

We offer short-term lending options to help property owners bridge temporary financial gaps. There is no restriction on how the funds are to be used. Short-Term Lending Examples: Fix up a property so you can sell for top dollar Get down payment funds for your new home Move-in funds to help Mom (or Dad) transition […]

Read More
October 1, 2021
Work Together

We love working with real estate agents to help support their client's needs with short-term lending options and our new We Buy for You program. These programs will support your clients best interest while also ensuring that you are still able to work with them even if they are struggling to get approved for a […]

Read More
July 30, 2021
How to Sell Your House Webinar With Martin Boonzaayer
Read More
The Trusted Home Buyer Logo
Copyright © The Trusted Home Buyer
WE BUY HOUSES IN:

4.7 61 reviews