5. Can a landlocked property be an investment opportunity?
Well, it depends on whom you ask…
Some people bought landlocked properties, got their easements, and made money by opening different types of businesses. In the end, it was a profitable decision for them. So, depending on what you want to do with your landlocked property, the legal fees and acquisition costs could be worth the money.
If you’re not an entrepreneur and you just want to settle down in retirement, maybe getting a landlocked property without an easement is not the best idea. If you don’t know what to do, contact a real estate lawyer. He/she will tell you if the landlocked property is worth the money or not.
