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re: Rural Land Investment

Posted on 1/7/24 at 7:42 am to
Posted by turkish
Member since Aug 2016
1802 posts
Posted on 1/7/24 at 7:42 am to
Just relying on historical appreciation of rural land makes for a crappy ROI. Hunting leases are not lucrative enough to move the needle. Unless you can find a good deal ( and those are less common than ever) or derive significant personal enjoyment from land ownership and upkeep (and few actually enjoy the upkeep, maintenance on equipment, etc.) it’s not a good investment imo. And I own rural timberland.
This post was edited on 1/7/24 at 7:51 am
Posted by Decisions
Member since Mar 2015
1491 posts
Posted on 1/7/24 at 8:54 am to
You also can’t depreciate most of what you’re paying for.

I wouldn’t buy any land that I didn’t have an end-goal improvement/development in mind for. It’s too slow and unreliable a return otherwise.
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