Land banking is nothing but a practice of buying and selling land at a desirable profit. For performing this land banking practice, you are supposed to buy the parcels of land which is easily bought at low price. You need to see its future growth and its profit. Compared to other investments like shares or bonds, it is fairly safe and profitable because of its tangible nature.
For better land banking practice, explore widely to get undeveloped land at low value and make sure that it will get developed because of the development of the city or town in which your land is. In other words, your land should be in the path of growth so that in nearest future, you can sell it at high value and get maximum profit.
You can land bank now worldwide and many firms now offer such assistance, Ace Capital Group is one of them.
[...] Original post by prbnpiano [...]
I have researched a lot of companies specializing in land banking. I invested with a company based in Canada, called La Terra Ventures. I strongly recommend checking them out: http://ventascentral.com/laterra/laterra_info.php