Land investment

[Coronita]

NicMM,

I think you have too much money and don’t know what to do with it 🙂

Have you considered just buying a small business and running it?

[NicMM]

FLU,

I am not rich but never stop thinking how to get ahead :).

I had thought about small business. Didn’t some refer buying a small business as “pay money to buy a job”? I have a job and don’t want to pay to get another. That’s why some passive investments seem appealing to me.

-NicMM

[quote=flu]NicMM,

I think you have too much money and don’t know what to do with it 🙂

Have you considered just buying a small business and running it?[/quote]

[NicMM]

FLU,

I am not rich but never stop thinking how to get ahead :).

I had thought about small business. Didn’t some refer buying a small business as “pay money to buy a job”? I have a job and don’t want to pay to get another. That’s why some passive investments seem appealing to me.

-NicMM

[quote=flu]NicMM,

I think you have too much money and don’t know what to do with it 🙂

Have you considered just buying a small business and running it?[/quote]

[NicMM]

FLU,

I am not rich but never stop thinking how to get ahead :).

I had thought about small business. Didn’t some refer buying a small business as “pay money to buy a job”? I have a job and don’t want to pay to get another. That’s why some passive investments seem appealing to me.

-NicMM

[quote=flu]NicMM,

I think you have too much money and don’t know what to do with it 🙂

Have you considered just buying a small business and running it?[/quote]

[NicMM]

FLU,

I am not rich but never stop thinking how to get ahead :).

I had thought about small business. Didn’t some refer buying a small business as “pay money to buy a job”? I have a job and don’t want to pay to get another. That’s why some passive investments seem appealing to me.

-NicMM

[quote=flu]NicMM,

I think you have too much money and don’t know what to do with it 🙂

Have you considered just buying a small business and running it?[/quote]

[NicMM]

FLU,

I am not rich but never stop thinking how to get ahead :).

I had thought about small business. Didn’t some refer buying a small business as “pay money to buy a job”? I have a job and don’t want to pay to get another. That’s why some passive investments seem appealing to me.

-NicMM

[quote=flu]NicMM,

I think you have too much money and don’t know what to do with it 🙂

Have you considered just buying a small business and running it?[/quote]

[Coronita]

[quote=NicMM]FLU,

I am not rich but never stop thinking how to get ahead :).

[/quote]

Don’t we all?

[quote]
I had thought about small business. Didn’t some refer buying a small business as “pay money to buy a job”? I have a job and don’t want to pay to get another. That’s why some passive investments seem appealing to me.

-NicMM

The thing though, I think “passive” is a misnomer…Can’t say about land, but dealing with renters is often times not a “passive” activity at all 🙂

The thing is Landcaster is in the middle of nowhere. I mean, it’s on the way to Mammoth lakes. But not sure what people would do there.

[Coronita]

[quote=NicMM]FLU,

I am not rich but never stop thinking how to get ahead :).

[/quote]

Don’t we all?

[quote]
I had thought about small business. Didn’t some refer buying a small business as “pay money to buy a job”? I have a job and don’t want to pay to get another. That’s why some passive investments seem appealing to me.

-NicMM

The thing though, I think “passive” is a misnomer…Can’t say about land, but dealing with renters is often times not a “passive” activity at all 🙂

The thing is Landcaster is in the middle of nowhere. I mean, it’s on the way to Mammoth lakes. But not sure what people would do there.

[Coronita]

[quote=NicMM]FLU,

I am not rich but never stop thinking how to get ahead :).

[/quote]

Don’t we all?

[quote]
I had thought about small business. Didn’t some refer buying a small business as “pay money to buy a job”? I have a job and don’t want to pay to get another. That’s why some passive investments seem appealing to me.

-NicMM

The thing though, I think “passive” is a misnomer…Can’t say about land, but dealing with renters is often times not a “passive” activity at all 🙂

The thing is Landcaster is in the middle of nowhere. I mean, it’s on the way to Mammoth lakes. But not sure what people would do there.

[Coronita]

[quote=NicMM]FLU,

I am not rich but never stop thinking how to get ahead :).

[/quote]

Don’t we all?

[quote]
I had thought about small business. Didn’t some refer buying a small business as “pay money to buy a job”? I have a job and don’t want to pay to get another. That’s why some passive investments seem appealing to me.

-NicMM

The thing though, I think “passive” is a misnomer…Can’t say about land, but dealing with renters is often times not a “passive” activity at all 🙂

The thing is Landcaster is in the middle of nowhere. I mean, it’s on the way to Mammoth lakes. But not sure what people would do there.

[Coronita]

[quote=NicMM]FLU,

I am not rich but never stop thinking how to get ahead :).

[/quote]

Don’t we all?

[quote]
I had thought about small business. Didn’t some refer buying a small business as “pay money to buy a job”? I have a job and don’t want to pay to get another. That’s why some passive investments seem appealing to me.

-NicMM

The thing though, I think “passive” is a misnomer…Can’t say about land, but dealing with renters is often times not a “passive” activity at all 🙂

The thing is Landcaster is in the middle of nowhere. I mean, it’s on the way to Mammoth lakes. But not sure what people would do there.

[jpinpb]

My take on the land. Depends how long you plan to keep it. How old are you? Can you just sit on it for the next 20-30 years? Plan on leaving it to kids?

I can think back to 30 years ago when there was a big nothing in Temecula. I even remember a lawsuit involving some land in Temecula. Big dispute. I kept thinking who the hell would live in the middle of nowhere between Riverside and San Diego.

I remember when we first moved to California my dad was telling me about some guy who bought quite a bit of land way back in the day in the middle of nowhere. He ended up making quite a bit of money. He was talking about Palm Springs.

Also, the expression, “They stopped making land.” Really applies to land, not houses.

I don’t think I’m being bullish, but I wouldn’t be shocked if in 30 years they end up building up there in Palmdale/Lancaster.

But I also agree, whoever is selling it, already subdivided and they’re making money off the subdivision of the parcels. Nevertheless, developers like to build and when they overbuild, they continue to push out to the exburbs and deserts.

[jpinpb]

My take on the land. Depends how long you plan to keep it. How old are you? Can you just sit on it for the next 20-30 years? Plan on leaving it to kids?

I can think back to 30 years ago when there was a big nothing in Temecula. I even remember a lawsuit involving some land in Temecula. Big dispute. I kept thinking who the hell would live in the middle of nowhere between Riverside and San Diego.

I remember when we first moved to California my dad was telling me about some guy who bought quite a bit of land way back in the day in the middle of nowhere. He ended up making quite a bit of money. He was talking about Palm Springs.

Also, the expression, “They stopped making land.” Really applies to land, not houses.

I don’t think I’m being bullish, but I wouldn’t be shocked if in 30 years they end up building up there in Palmdale/Lancaster.

But I also agree, whoever is selling it, already subdivided and they’re making money off the subdivision of the parcels. Nevertheless, developers like to build and when they overbuild, they continue to push out to the exburbs and deserts.

[jpinpb]

My take on the land. Depends how long you plan to keep it. How old are you? Can you just sit on it for the next 20-30 years? Plan on leaving it to kids?

I can think back to 30 years ago when there was a big nothing in Temecula. I even remember a lawsuit involving some land in Temecula. Big dispute. I kept thinking who the hell would live in the middle of nowhere between Riverside and San Diego.

I remember when we first moved to California my dad was telling me about some guy who bought quite a bit of land way back in the day in the middle of nowhere. He ended up making quite a bit of money. He was talking about Palm Springs.

Also, the expression, “They stopped making land.” Really applies to land, not houses.

I don’t think I’m being bullish, but I wouldn’t be shocked if in 30 years they end up building up there in Palmdale/Lancaster.

But I also agree, whoever is selling it, already subdivided and they’re making money off the subdivision of the parcels. Nevertheless, developers like to build and when they overbuild, they continue to push out to the exburbs and deserts.

[jpinpb]

My take on the land. Depends how long you plan to keep it. How old are you? Can you just sit on it for the next 20-30 years? Plan on leaving it to kids?

I can think back to 30 years ago when there was a big nothing in Temecula. I even remember a lawsuit involving some land in Temecula. Big dispute. I kept thinking who the hell would live in the middle of nowhere between Riverside and San Diego.

I remember when we first moved to California my dad was telling me about some guy who bought quite a bit of land way back in the day in the middle of nowhere. He ended up making quite a bit of money. He was talking about Palm Springs.

Also, the expression, “They stopped making land.” Really applies to land, not houses.

I don’t think I’m being bullish, but I wouldn’t be shocked if in 30 years they end up building up there in Palmdale/Lancaster.

But I also agree, whoever is selling it, already subdivided and they’re making money off the subdivision of the parcels. Nevertheless, developers like to build and when they overbuild, they continue to push out to the exburbs and deserts.

[Author]

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