any facts at all would be welcome.
As Shewold says, how many more do you need?
Well, you actually only need the one fact when it comes to land banking and that's this -
NO INVESTOR IN A LAND BANKING DEAL HAS EVER MADE MONEY.
REPEAT - NO INVESTOR IN A LAND BANKING DEAL HAS EVER MADE MONEY.
And I'm talking probably in excess of 100,000 people, maybe even as high as 500,000.
That stat is SHOCKING wouldn't you agree and the reason is simple - NOT ONE PLOT OF LAND HAS EVER GAINED PLANNING PERMISSION, NOT ONE.
Having said that, land banking is actually a very successful business, but for those owning the firms. You see, what 100% of their clients can't work out is they're being used. The clients think the game is played one way, but in reality it's played a different way and that's to stuff the clients up with worthless land. So like I said it's a very profitable business for those involved.
YOU'VE ALL BEEN WARNED - BUY THESE PLOTS OF LAND AND YOU WILL LOSE ALL YOUR MONEY.
So please everyone be honest with yourself (if you do buy). Don't blame the scammers because scamming is their job, blame yourself for being both greedy and naive and of course not doing your own INDEPENDENT RESEARCH into what you're buying and who you're doing business with.
Just being cruel to be kind