Red flags alert! What to watch out for when buying land

Land for sale sign. (Courtesy)

There are three companies that have approached me with offers on some properties that they have on sale. Their prices are attractive and pocket friendly, which would guarantee good returns. Should I decide to buy and later sell at a profit? There have been media reports on many who have lost fortunes after attempts to buy plots from companies hit a dead end. What red flags should I look out for before buying?

Aleeza, Nairobi