One of the most overlooked real estate investment is vacant land in Florida. Just so that you might see the opportunity in vacant land, I am going to compare it to buying digital currency.

Buying vacant land in Florida means purchasing a piece of land that is currently empty and doesn’t have a house on it yet. It physically exist though; it has a street address, it has roads and may have connections to sewer, water and electricity. This land will be used to build a house in the future. When you buy land, you become the owner of that land and can either build your house on it, or hold on to it and sell it for a profit to a home builder who has the need to build a house now or in the future.

On the other hand, buying digital currency means purchasing a type of online money that doesn’t exist in physical form, like Bitcoin or Ethereum. People buy digital currency hoping that the value will go up and they can sell it for a profit later on. Digital currency is not physical money that someone can hold in their hand, but it can be used to purchase things online or transferred to other people.

So, buying vacant land in Florida and buying digital currency are different in many ways.

VACANT LAND 

• Residential vacant land is a tangible asset that you can physically visit and inspect, and you have control over what you do with it.
• It’s a long-term investment that can appreciate in value over time, especially if the area is experiencing economic growth.
• It requires minimal upkeep, reducing ongoing costs.

DIGITAL CURRENCY

• It’s highly volatile and fluctuations in value, which can result in significant financial losses.
• The digital currency market is largely unregulated, making it vulnerable to scams, fraud, and security breaches.
• It is very limited where you can spend it.
• Successfully investing in digital currency requires a level of technical knowledge and expertise that may be beyond the capabilities of many investors.

I’m not recommending that buying vacant land is better than buying digital currency, all I’m saying is that it is an overlooked investment that needs to be looked into.