Land investment

[NicMM]

Can anyone share insights in land investment?

Some friends of mine were talking about that. I am just wondering if land investment can make money. Also a side question, maybe sounds ridiculous, but can a person purchase a small piece of land and just use it to grow fruits and vegetables?

[CA renter]

While I’m no expert on land investment, my family had land (each parcel over 100 acres, and the CA property for over three decades) here in California and in another state. Neither one was a good “investment,” but if you’re into hunting or gardening or running cattle, it can work for non-financial reasons.

We also had a number of family friends who owned land that they had hoped would be good investments. I’ve never heard of a success story.

Okay, that’s just anecdote from one source, but I think you should stay away from land investments unless you are working with a partner who knows *exactly* what they are doing.

[CA renter]

While I’m no expert on land investment, my family had land (each parcel over 100 acres, and the CA property for over three decades) here in California and in another state. Neither one was a good “investment,” but if you’re into hunting or gardening or running cattle, it can work for non-financial reasons.

We also had a number of family friends who owned land that they had hoped would be good investments. I’ve never heard of a success story.

Okay, that’s just anecdote from one source, but I think you should stay away from land investments unless you are working with a partner who knows *exactly* what they are doing.

[CA renter]

While I’m no expert on land investment, my family had land (each parcel over 100 acres, and the CA property for over three decades) here in California and in another state. Neither one was a good “investment,” but if you’re into hunting or gardening or running cattle, it can work for non-financial reasons.

We also had a number of family friends who owned land that they had hoped would be good investments. I’ve never heard of a success story.

Okay, that’s just anecdote from one source, but I think you should stay away from land investments unless you are working with a partner who knows *exactly* what they are doing.

[CA renter]

While I’m no expert on land investment, my family had land (each parcel over 100 acres, and the CA property for over three decades) here in California and in another state. Neither one was a good “investment,” but if you’re into hunting or gardening or running cattle, it can work for non-financial reasons.

We also had a number of family friends who owned land that they had hoped would be good investments. I’ve never heard of a success story.

Okay, that’s just anecdote from one source, but I think you should stay away from land investments unless you are working with a partner who knows *exactly* what they are doing.

[CA renter]

While I’m no expert on land investment, my family had land (each parcel over 100 acres, and the CA property for over three decades) here in California and in another state. Neither one was a good “investment,” but if you’re into hunting or gardening or running cattle, it can work for non-financial reasons.

We also had a number of family friends who owned land that they had hoped would be good investments. I’ve never heard of a success story.

Okay, that’s just anecdote from one source, but I think you should stay away from land investments unless you are working with a partner who knows *exactly* what they are doing.

[Anonymous]

The only people I know who got rich “investing” in land were my friend’s grandparents who happened to own a bunch of land in San Jose, oh, 60-80 years ago :^). So, I’m not big on land investing, but that’s also cuz I don’t know anything about it.

And, to the original post, sure, you can grow pretty much whatever you want on your land (well, except maybe pot and that may change in November). But you should think about water – will you need to dig a well? Wells are not cheap. Pumps. Filters. Storage tanks. Are you talking about a backyard garden, or a couple acres of serious home gardening? Or something that ventures into ag use like a tiny organic farm for selling fruits and veg??

Good luck. Lots of work. Probably not an investment. But I’m sure it’s also lots of fun if you like that sort of thing.

[Anonymous]

The only people I know who got rich “investing” in land were my friend’s grandparents who happened to own a bunch of land in San Jose, oh, 60-80 years ago :^). So, I’m not big on land investing, but that’s also cuz I don’t know anything about it.

And, to the original post, sure, you can grow pretty much whatever you want on your land (well, except maybe pot and that may change in November). But you should think about water – will you need to dig a well? Wells are not cheap. Pumps. Filters. Storage tanks. Are you talking about a backyard garden, or a couple acres of serious home gardening? Or something that ventures into ag use like a tiny organic farm for selling fruits and veg??

Good luck. Lots of work. Probably not an investment. But I’m sure it’s also lots of fun if you like that sort of thing.

[Anonymous]

The only people I know who got rich “investing” in land were my friend’s grandparents who happened to own a bunch of land in San Jose, oh, 60-80 years ago :^). So, I’m not big on land investing, but that’s also cuz I don’t know anything about it.

And, to the original post, sure, you can grow pretty much whatever you want on your land (well, except maybe pot and that may change in November). But you should think about water – will you need to dig a well? Wells are not cheap. Pumps. Filters. Storage tanks. Are you talking about a backyard garden, or a couple acres of serious home gardening? Or something that ventures into ag use like a tiny organic farm for selling fruits and veg??

Good luck. Lots of work. Probably not an investment. But I’m sure it’s also lots of fun if you like that sort of thing.

[Anonymous]

The only people I know who got rich “investing” in land were my friend’s grandparents who happened to own a bunch of land in San Jose, oh, 60-80 years ago :^). So, I’m not big on land investing, but that’s also cuz I don’t know anything about it.

And, to the original post, sure, you can grow pretty much whatever you want on your land (well, except maybe pot and that may change in November). But you should think about water – will you need to dig a well? Wells are not cheap. Pumps. Filters. Storage tanks. Are you talking about a backyard garden, or a couple acres of serious home gardening? Or something that ventures into ag use like a tiny organic farm for selling fruits and veg??

Good luck. Lots of work. Probably not an investment. But I’m sure it’s also lots of fun if you like that sort of thing.

[Anonymous]

The only people I know who got rich “investing” in land were my friend’s grandparents who happened to own a bunch of land in San Jose, oh, 60-80 years ago :^). So, I’m not big on land investing, but that’s also cuz I don’t know anything about it.

And, to the original post, sure, you can grow pretty much whatever you want on your land (well, except maybe pot and that may change in November). But you should think about water – will you need to dig a well? Wells are not cheap. Pumps. Filters. Storage tanks. Are you talking about a backyard garden, or a couple acres of serious home gardening? Or something that ventures into ag use like a tiny organic farm for selling fruits and veg??

Good luck. Lots of work. Probably not an investment. But I’m sure it’s also lots of fun if you like that sort of thing.

[NicMM]

Hi,

I just attended a land investment seminar over the weekend. The company advocated investing land in Palmdale and Lancaster. Because these two cities are the fast growing cities in California, transportation center, real growth from green energy industry, et cetera, plus the land is still cheap there. Sounds very interesting to me.

Has anyone been these areas? or even own properties there?

-NicMM

[NicMM]

Hi,

I just attended a land investment seminar over the weekend. The company advocated investing land in Palmdale and Lancaster. Because these two cities are the fast growing cities in California, transportation center, real growth from green energy industry, et cetera, plus the land is still cheap there. Sounds very interesting to me.

Has anyone been these areas? or even own properties there?

-NicMM

[NicMM]

Hi,

I just attended a land investment seminar over the weekend. The company advocated investing land in Palmdale and Lancaster. Because these two cities are the fast growing cities in California, transportation center, real growth from green energy industry, et cetera, plus the land is still cheap there. Sounds very interesting to me.

Has anyone been these areas? or even own properties there?

-NicMM

[NicMM]

Hi,

I just attended a land investment seminar over the weekend. The company advocated investing land in Palmdale and Lancaster. Because these two cities are the fast growing cities in California, transportation center, real growth from green energy industry, et cetera, plus the land is still cheap there. Sounds very interesting to me.

Has anyone been these areas? or even own properties there?

-NicMM

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