Cemetery Plots As A Practical Real Estate Investment
Many years ago, in one of his many flashes of investment brilliance, my father decided to purchase four cemetery plots; one for each of the members of my immediate family. Many years later I decided to check on the value of the two remaining plots and I was very surprised at how much they had increased value.
After my father and then mother died my sister and I used the plots my father had purchased for their burial. Within the last few years, since I no longer live in the New York City area, I decided to get rid of the two remaining plots. I would prefer to be buried with my wife when we die and will be buried somewhere other than my childhood area. But how would I dispose of these two remaining plots, and what was their value? I then began a very enlightening research project. This led me to conclude that his purchase accidentally turned out to be a very profitable alternative investment strategy.
After discussing the situation with my sister I decided that it would be best to just gift her the two plots so that she and my brother-in-law could be buried there. While checking on the transfer process I decided, out of curiosity, to do some investigating. WOW! What an investment these had turned out to be. The value had increased substantially since their original purchase. Just like a lot purchased to build a home on, these plots had value. Amazingly my father had done his homework and approached this purchase as if he was buying property on which he would eventually erect a permanent structure. He apparently consulted the right real estate books and experts and just applied that same knowledge to buying cemetery plots.
I’m not trying to suggest that an investment in well located cemetery plots is the next great global investment opportunity. I can tell you that like many other real estate investments there are many factors that must be considered: these can increase in value or decrease in value, in some areas they are in short supply, they are available in many price levels for each market, there is a continuous clientele for this property, location and type of restrictions and quality of structures and services is important, and there is a vibrant resale market. In fact, while doing my research I discovered that there are many online brokers who assist in the resale of cemetery plots. Some of the brokers allowed a simple listing service and others seemed to more actively market the plots themselves.
Even with the growth of cremation, the development of memorial parks and gardens will change the cemetery concept and allow for increased value potential over time. In fact with certain religious groups prohibiting cremation, a well investigated purchase can potentially positive results. If you do your homework, and you can buy right, whether these are for personal use or for resale (where it is legal to do so) you just might find that over time your decision to purchase cemetery plots was a very wise investment.
About the Author
Hal is the author of several critically acclaimed ebooks specifically written to help people deal with end of life issues. His ebooks include topics such as: cremation, writing and delivering a eulogy, eco-friendly green funerals, funeral planning, organ donation, and buying and selling cemetery plots. To find out more about his CemeterySpot family of free services and resources, to learn more about his books, and to get a free gift, please visit:
http://www.cemeteryspot.com
.
|
|
MICKEY MOUSE AND THE GREAT LOT PLOT LITTLE GOLDEN BOOK $0.99 |
|
|
The Ivy plot Thorne Twins adventure books by Dayle Co $0.99 |
|
|
MICKEY MOUSE GREAT LOT PLOT Little Golden Book HC 1974 $4.00 |
|
|
2 Books by Irving Wallace The Plot & The Miracle $0.99 |
|
|
Megstone Plot: Andrew Garve: Book [Hardcover dj 080269 $10.55 |
|
|
PWP Plot? What Plot? Book II, Mavis Applewater, Very Go $11.76 |
|
|
MILITARY HISTORY BOOK Falklands, the Secret Plot $5.91 |
|
|
Plot Thickens – Mary Higgins Clark – NEW BOOK $5.86 |
|
|
Henrik Ibsen and Hitler Plot for Third Reich HB Book $12.74 |
|
|
Passover Plot – Schonfield, Hugh J. – NEW BOOK $14.03 |
|
|
The Persian Plot – T. F. Marsh – NEW BOOK $10.95 |
|
|
Spot the Plot: A Riddle Book of Book Riddles by J. Patr $6.95 |
|
|
SUPER MAGICIAN COMIC BOOK, BLACKSTONE & GUNPOWDER PLOT $67.50 |
|
|
Growing Food Plot Books (2) – Deer, Elk, Hunting $6.99 |
|
|
Losing the Plot in Opera – Books – Brian Castles-Onion $27.37 |
|
|
Spy High Mission Four: The Paranoia Plot, New Books $4.43 |
|
|
The Plot Against America, Philip Roth, Good Book $1.00 |
|
|
The Bearer Plot, Owen Sela, Good Book $1.25 |
|
|
DON WINSLOW NAVY WAR PLOT BETTER LITTLE BOOK 1940 NICE $9.99 |
|
|
DAREDEVIL 226 VF-NM MILLER PLOT BEGINS COMICS BOOK $3.50 |
|
|
Little Golden Book : Mickey Mouse & the Great Lot Plot $0.99 |
|
|
MICKEY MOUSE & THE GREAT LOT PLOT childrens Book & toy $5.69 |
|
|
Spot the Plot: A Riddle Book of Book Riddles by J. Patr $6.98 |
|
|
Passions Spin the Plot, Vardis Fisher, Good Book $203.99 |
|
|
The Plot to Save Socrates, Paul Levinson, New Book $3.82 |
|
|
Plot Of The Cyberhead PC CD interactive comic book game $1.49 |
|
|
The Plot Thickens – Lukeman, Noah New Book $19.11 |
|
|
The Plot on the Pyramid – Deary, Terry New Book $12.92 |
|
|
School Plot, The Floods by Colin Thompson 2009 New Book $2.99 |
|
|
Mickey Mouse & the Great Lot Plot (1974) A Golden Book $3.99 |
|
|
NEW – A Killer Plot (A Books by the Bay Mystery) $6.11 |
|
|
Food Plot DVD/Book Combo/DEER/TUKEY/ HUNTING / ANTLERS $7.50 |
|
|
the Passover Plot by Hugh J.Schonfield a Bantam book $2.00 |
|
|
Little Golden Book Mickey Mouse & the Great Lot Plot 8 $4.99 |
|
|
The Cell inside 9 11 plot How FBI CIA failed Book $1.49 |
|
|
Pick a Path Books & Twist a Plot – 5 Books $7.99 |
|
|
Mickey Mouse & Great Lot Plot Little Golden Book LGB $3.00 |
|
|
Mickey Mouse and the Great Lot Plot Little Golden Book $4.95 |
|
|
Gunpowder Plot Hardcover Alan Haynes HARDCOVER Book $14.99 |
|
|
Paramilitary Plot (Gold Eagle Book), Author unknown $1.00 |
|
|
Scott Pilgrim vs. the World Movie Playing Guitar Poster Print – 22×34 $1.74 Scott Pilgrim vs. the World Movie Playing Guitar Poster Print – 22×34… |
|
|
Iron Man 2 Movie (Artistic Stylized Iron Man) Art Poster Print – 24×36 $7.80 Iron Man 2 Movie (Artistic Stylized Iron Man) Art Poster Print – 24×36… |
|
|
Scott Pilgrim Gets It Together Art Print Poster – 22×34 $3.33 Scott Pilgrim Gets It Together Art Print Poster – 22×34… |
|
|
The Music of John Williams: 40 Years of Film Music $21.79 … |
Tags: books, literature, plot book, plot book definition, plot book mn, plot book of eli, plot book report, reference, visualization, writing