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re: Land as an investment
Posted on 11/21/13 at 5:46 pm to Bayou Tiger
Posted on 11/21/13 at 5:46 pm to Bayou Tiger
No clear path to cash flow other than timber.
Well he's a lawyer and is talking about forming an LLC and all that jazz. Both of us do pretty well financially, so I don't think either would ever be cash strapped and in need to sell our part of the land. But you never know...
I don't think it's a sentimental reason, but more of a convenience reason. Would have easy access to our tractors and stuff we have already when needed.
He's been looking for land in this part of the parish for about 3 years now.
Well he's a lawyer and is talking about forming an LLC and all that jazz. Both of us do pretty well financially, so I don't think either would ever be cash strapped and in need to sell our part of the land. But you never know...
I don't think it's a sentimental reason, but more of a convenience reason. Would have easy access to our tractors and stuff we have already when needed.
He's been looking for land in this part of the parish for about 3 years now.
1
Posted on 11/21/13 at 6:15 pm to That's BS
quote:What's that worth to you vs other growth opportunities involving the purchase? That component is a simple personal decision.
I don't think it's a sentimental reason, but more of a convenience reason. Would have easy access to our tractors and stuff we have already when needed.
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