Whether it's an apartment or a commercial building, what ultimately determines value is the price of the land!
A true expert starts by studying the 'land'!

The practical sense of the best land investment analyst, Attic Boss Kim Jong-yul.
And the detailed explanation by Latte Beaver Im Eun-jeong that will help you build a solid foundation!

* Strongly recommended by Song Sa-mu-jang, Ppa-song, Bu-ong-san, Hong Chun-wook, and Go Sang-cheol *

Kim Jong-yul and Lim Eun-jeong, recognized as Korea's leading land instructors, have published a master textbook on land investment that can be utilized by anyone from beginners to experts.
This book is called “I Invest in Land Instead of Houses.”
Any real estate investor wants an investment that generates consistent returns regardless of market conditions.
In particular, investments that are free from government policies, regulations, and market conditions, and that can generate large profits, are good.
What is that? It's land investment.
In fact, most of the wealthy people use land to achieve explosive growth in assets, aka quantum leaps, and everyone knows that the truly wealthy are the "land rich."
Even though apartment prices have risen significantly over the past few years, they haven't risen by more than 5 to 10 times.
However, land has development potential, and if you time your buying and selling well, its value can easily rise 5 to 10 times.
So why can't I easily invest? Land investment is too difficult and seems like it would require a lot of seed money.
Moreover, they believe it will take a long time to become profitable.
Is this true? The authors of this book argue that we need to start by dispelling this preconception.
And although it is not an easy task for a beginner who knows nothing to start right away, I can confidently say that anyone can make more than expected profits from land investment in a short period of time if they study hard enough.

This book was co-written by author Jong-Yul Kim, a renowned lecturer in the land field and a successful investor, and Eun-Jeong Lim, who has lectured in various communities to help beginners who are struggling with land investment.
Author Kim Jong-yul, known not only as a theorist but also as a practical investor, primarily talks about powerful investment skills that can be learned once and used for a lifetime, and he also reveals a significant number of success stories not found in any other book.
From successful investment cases in areas of interest to investors, such as semi-industrial areas or development-restricted zones, to investment cases that generated profits with small amounts comparable to the amount invested in apartment gaps, this field is full of surprising cases for anyone who has studied it even once.
And author Im Eun-jeong explains everything from difficult methods for beginner investors to light public offering investment in the easiest way possible so that anyone can easily approach it.
Thus, this book can be called the bible of land investment, covering everything from the basics to application, with Kim Jong-yul's practical investment sense and instructor Im Eun-jeong's friendly theoretical explanations.

There is no such thing as cheap, good land, but there are certainly ways to buy good land cheaply.
The ultimate goal of studying land investment is to learn how to buy good land cheaply.
As with other real estate, especially when it comes to land, you need to think about the timing of the sale and who will buy your property from the moment you purchase it.
Land is usually considered a long-term investment.
I think that land is not easy to sell because I did not give enough consideration to selling when buying.
If you think about when to sell and who to buy beforehand, land can be a good short-term investment.
For land to be easy to sell, it must have value above all else.
If the following conditions are met, it can be said to be more valuable land.
---From "Is there cheap and good land?"

When investing in land, there are many cases where analyzing the news well leads to greater profits than studying theories of construction.
This is exactly the case.
For a long time, Icheon was a place where there was a strong feeling that 'something was not right'.
But around the time of the bidding in 2019, I started to feel like 'this is going to work out'.
I expected that by 2022, three years after winning the bid in 2019, the apartment building framework would be clearly visible from the outside, and that the partial urban development project around Icheon Station would have made some progress, allowing the apartment building to take shape.
If that happens, it seems obvious that development projects in the area will become active and the value of the land will rise.
At the time of the bidding in 2019, compensation had just begun, but the market was still in a slump, and items were constantly being auctioned off.
The student who asked me the question was fortunate enough to win the bid by a narrow margin, and the market atmosphere changed faster than expected.
Less than a year after winning the bid, sales offers began pouring in.
When the item I bought for 750,000 won per person became 1,150,000 won, the student asked me how much I should sell it for, and I answered like this.
---From "Small-scale land investment starting with apartment gap investment funds"

I deliberately avoided theoretical details when explaining this case.
The term "special development promotion zone" was used to describe the situation in which development was in progress, but other than that, no land use designation or zoning was mentioned.
This does not mean that zoning is not important.
Zoning is always important.
However, I wanted to show that successful investments can be made with small amounts of money by simply paying attention to the timing of positive developments in stagnant areas.
So, I explained it by emphasizing the past when progress was slow and the period when development was in progress.
Land investment is often thought to require a lot of money and time, but this is not necessarily the case.
In my case, I rarely buy land and leave it uncultivated for more than three years.

---From "Small-scale land investment starting with apartment gap investment funds"

As such, all the lands we are interested in as investment destinations are places with good prospects.
This means that there is news that something is coming, whether it is a railroad, a road, an industrial complex, or a residential area.
Calculate how much the land will be worth after three years from now.
That's pretty much all there is to land investing.
If you can do this calculation well, investing in land is easy.
Also, because you don't know this principle, it becomes difficult to invest even if you learn the method.
Even if you have studied the construction method thoroughly, if you are not confident in estimating the price of the planned management area in front of the IC (interchange), wouldn't it be impossible to buy land even when the IC construction is in full swing?
I am not saying that there is no need for a method.
This means that you must study the law as the law and the news as the news in advance.
---From "Land Investment is a Game of Predicting Land Prices 3 Years Later"

Whether or not development activities that affect the value of land can be carried out is determined by the land use zone, not the land designation.
Even if the land designation is forest, if the intended use area is a 2nd class general residential area, you can build an apartment.
Therefore, the first thing to check when looking at a land use plan is the land use area.
To quickly develop your land-use perspective, let's look at the land use plan near your home.
By keeping in mind the land use plans for already developed land and looking for land with similar land use plans, you can determine which land has a high potential for future development.
---From "Why the use area is more important than the designation"

Truly lucrative developments can be identified by carefully reading between the lines of the news. The key is whether both the administrative plan and the project implementer are present.
If you consistently read news in the areas you're interested in, you'll begin to get a feel for when and where to invest.
I also think that if I had kept an eye on Daejang District since 2005 and purchased it after seeing the 2016 implementation plan announcement, it would have been a successful investment.
Of course, land prices will be more expensive than they were in the early days when most people were unaware of development information.
However, considering the uncertainty of development projects and the accompanying mental anguish, the secret to successful investment is to purchase when development is certain, even if the price has risen.
---From "There is a separate way to read development-related news"

As the saying goes, "History is a beacon illuminating the future," the best way to invest in land is to carefully analyze past success stories and gain early access to areas likely to be developed in a similar manner in the future.
Just as Cinderella transformed from a sullen maiden to an elegant lady after meeting her fairy godmother, let's look for land investment opportunities in places where old, outdated semi-industrial areas are transforming into splendid business districts filled with knowledge industry centers.

---From "Promising Land Investment Areas to Watch Over the Next 10 Years"