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re: Land as an investment

Posted on 11/21/13 at 6:44 pm to
Posted by That's BS
Smoothie King Center
Member since Jan 2012
1783 posts
Posted on 11/21/13 at 6:44 pm to
Meh, not worth all that much. We could buy a trailer to transport the equipment if needed.

I have no intentions on getting into farming or livestock. I already work a full-time job and don't want an extra "job". Also, I don't hunt or anything, and I don't think I'd want to live that far away from where I work though times only about a 35 min drive.

I've always viewed land as one of those things that'd be nice to have, but don't place a huge importance on it. I want to eventually but a few acres just to have a huge yard and build my permanent home, but probably 10 acres or less.
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8541 posts
Posted on 11/21/13 at 7:31 pm to
Possibly purchase it and lease as hayfields or cattle grounds? Then you cold reserve 5-10 acres for your homestead/future homestead and make a little money on the rest?

There's also a possibility the property is in the Tuscaloosa Marine Shale that's sort of up and coming. You could lease he land and potentially make money on drilling. I don't know much about it, but it could help pay for he land, too.
This post was edited on 11/21/13 at 7:35 pm
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