Land investment

[NicMM]

Wow! I see someone with real experience giving good reasoning here. Thanks, sdduuuude!

In my case, I have absolutely no clue about land investment. The comments of majority here greatly reminded me that and the big risks that could bring. On the other hand, I am willing to learn land investment for future opportunities. Just as putting money in a saving account, if I could save that money into a land and retrieve it out after 15 years to have enough to pay son’s college, that would be fantastic!

I assume land value should not go down if it doesn’t go up. Then I don’t have much to lose. And I have no faith in 529 plan.

NicMM

[quote=sdduuuude]I see a few ways: 1) time it right 2) buy big chunks, cut it up, and sell the pieces, and 3) Identify land that is in the growth path of development, but is not recognized as such by others.

My parents purchased some land together with two other families back in the early 80’s. This was on the outskirts of Tucson. When they bought, it was a long way from anytyhing but Tucson grew right past it and it ended up being a nice part of the suburbs so they did well. I’m not seeing opportunities like that anywhere right now.

I also feel, as a guy who likes to build stuff, that there is a chance to save money on your primary residence by buying a lot and building a home on it – to live in. In a way, that is a land investment as it allows you to avoid developer-markup on both land and structure.

Buying a chunk of land in a fairly well-populated area just doesn’t seem like a good investment. It will be priced to the market and the only way to make money is for the market to go up.

But if you see some compelling reason why you think a piece of land will appreciate when a whole lot of real-estate is languishing, then do it.

If you feel that real-estate is a growth investment, it it makes sense. However, regarding items 1, 2, and 3 above – I just don’t see the economic climate supporting any of them for several years.[/quote]

[patb]

Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?

[patb]

Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?

[patb]

Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?

[patb]

Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?

[patb]

Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?

[NicMM]

Patb, these two pictures are accurate depiction.
Here is the challenge for you. If it’s you, what you would do with $50K?

-NicMM

[quote=patb]Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?[/quote]

[NicMM]

Patb, these two pictures are accurate depiction.
Here is the challenge for you. If it’s you, what you would do with $50K?

-NicMM

[quote=patb]Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?[/quote]

[NicMM]

Patb, these two pictures are accurate depiction.
Here is the challenge for you. If it’s you, what you would do with $50K?

-NicMM

[quote=patb]Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?[/quote]

[NicMM]

Patb, these two pictures are accurate depiction.
Here is the challenge for you. If it’s you, what you would do with $50K?

-NicMM

[quote=patb]Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?[/quote]

[NicMM]

Patb, these two pictures are accurate depiction.
Here is the challenge for you. If it’s you, what you would do with $50K?

-NicMM

[quote=patb]Don’t call it land investment call it Land Speculation.

To be an investment you need a cash flow and an exit strategy.

Here’s you.” i want to buy 2 acres for $50K and someday sell it”

Here’s an Investor” I am going to buy 10,000 Acres
get the state to build an offramp and the county to build 30 miles of section Road and the city to rezone it, while i rent it to cattle ranchers for cash”

Guess who makes money.?[/quote]

[Hobie]

Have you driven through the area? Learning who lives there will be a large factor in your thoughts moving forward.

The 14 Fwy is the main artery and gets congested. This is a hindrance to the growth you need in the area.

Temec took off in part due to its relatively close location to Orange, Riv, SD. All with good Fwy access.

Lancaster/Palm is just too far removed from LA. So you have to look at what industries are locating there and will support the growth.

City of Adalanto had similar pitches a years ago so check out its history.

Good Luck.

more perspective
http://sdcia.websitetoolbox.com/post?id=2338806

[Hobie]

Have you driven through the area? Learning who lives there will be a large factor in your thoughts moving forward.

The 14 Fwy is the main artery and gets congested. This is a hindrance to the growth you need in the area.

Temec took off in part due to its relatively close location to Orange, Riv, SD. All with good Fwy access.

Lancaster/Palm is just too far removed from LA. So you have to look at what industries are locating there and will support the growth.

City of Adalanto had similar pitches a years ago so check out its history.

Good Luck.

more perspective
http://sdcia.websitetoolbox.com/post?id=2338806

[Hobie]

Have you driven through the area? Learning who lives there will be a large factor in your thoughts moving forward.

The 14 Fwy is the main artery and gets congested. This is a hindrance to the growth you need in the area.

Temec took off in part due to its relatively close location to Orange, Riv, SD. All with good Fwy access.

Lancaster/Palm is just too far removed from LA. So you have to look at what industries are locating there and will support the growth.

City of Adalanto had similar pitches a years ago so check out its history.

Good Luck.

more perspective
http://sdcia.websitetoolbox.com/post?id=2338806

[Hobie]

Have you driven through the area? Learning who lives there will be a large factor in your thoughts moving forward.

The 14 Fwy is the main artery and gets congested. This is a hindrance to the growth you need in the area.

Temec took off in part due to its relatively close location to Orange, Riv, SD. All with good Fwy access.

Lancaster/Palm is just too far removed from LA. So you have to look at what industries are locating there and will support the growth.

City of Adalanto had similar pitches a years ago so check out its history.

Good Luck.

more perspective
http://sdcia.websitetoolbox.com/post?id=2338806

[Author]

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