Vacant land is cheaper to own in 2023

💰💡 Owning vacant land is cost-effective. Unlike properties with mortgages and high ongoing expenses, vacant land is a low-cost investment.

🏞️ Rural vacant lots, especially when bought at low prices, offer affordable property taxes, often ranging from $50 to a few hundred dollars annually.

🏡 Property insurance for vacant land is also budget-friendly due to its low liability nature.

#VacantLand #RealEstateInvesting #FinancialPerks

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