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re: Rural Land Investment

Posted on 1/7/24 at 7:29 pm to
Posted by bamatiger90
Bama
Member since Apr 2005
248 posts
Posted on 1/7/24 at 7:29 pm to
For additional insight, while i am not a hunter, I like to do outdoors stuff, target shooting, ATVs, etc. So while it is an investment, I was kind of thinking about putting maybe a lodge/small getaway - wife loves the idea to go out and have property. So after writing the original post, starting to thinking about what it is about land and I think it is that - a place to go play, spend time outside etc - probably excessive but great place for kids/grandkids etc
Posted by Big Scrub TX
Member since Dec 2013
33651 posts
Posted on 1/7/24 at 7:52 pm to
quote:

or additional insight, while i am not a hunter, I like to do outdoors stuff, target shooting, ATVs, etc. So while it is an investment, I was kind of thinking about putting maybe a lodge/small getaway - wife loves the idea to go out and have property. So after writing the original post, starting to thinking about what it is about land and I think it is that - a place to go play, spend time outside etc - probably excessive but great place for kids/grandkids etc
Yeah, sounds like you just want some land and that it would be a cherry on top if it turned out to be a good "investment". If you can afford it for the uses you enumerated, then do it. Only one life!
Posted by turkish
Member since Aug 2016
1800 posts
Posted on 1/7/24 at 9:02 pm to
From a $ it may be even worse of an investment with a nice dwelling. I’m shopping listings daily and it seems people always take a loss on anything but the most basic barn, living quarters, unless it’s kept for a long time. Like I said, it’s only even a decent investment if you derive significant personal enjoyment from it. Many do, but it’s not the best strategy to grow your net worth.
This post was edited on 1/7/24 at 9:04 pm
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