- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Purchasing land
Posted on 2/8/12 at 1:15 pm
Posted on 2/8/12 at 1:15 pm
anyone purchased land recently, just to have for recreational use and or future use? I am seeing pretty decent prices on land (10-15 acre tracts) and am thinking I may want to jump into this...plus I could maybe have my folks build on the property. Anyone do this?
5
Posted on 2/8/12 at 1:54 pm to mpar98
no, but its a buyers market right now if you can get the financing for it
Posted on 2/8/12 at 2:10 pm to mpar98
check out louisiana land bank. i had a good experience with them. if you are buying it for recreation, be ready to put a good bit down.
Posted on 2/9/12 at 2:34 am to mpar98
make damn sure you specify that you want to purchase the mineral rights when you purchase the land. If not the current land owner will keep the mineral rights for 10 yrs.
If at anytime during that 10 years he leases the rights and they start producing then you can kiss the mineral rights goodbye at least for your and your kids lifetime.
If at anytime during that 10 years he leases the rights and they start producing then you can kiss the mineral rights goodbye at least for your and your kids lifetime.
Posted on 2/10/12 at 8:54 am to bulldog95
will lumber companies come and clear land if you give them the wood?
Posted on 2/10/12 at 9:43 am to mpar98
Why would you give them the wood?
And it depends on the wood. Pulpwood goes cheap, hardwood is better.
And I can tell you this, you don't want to clean up your property after a bunch of loggers have been on it.
And it depends on the wood. Pulpwood goes cheap, hardwood is better.
And I can tell you this, you don't want to clean up your property after a bunch of loggers have been on it.
Posted on 2/10/12 at 9:51 am to Martini
I guess as opposed to paying them to do the job of clearing it?
Posted on 2/10/12 at 5:11 pm to mpar98
I bought lake front property 20 years ago. Eventually decided to live on it instead of selling for big profits. It has increased in value by 5 fold in that time frame. But I still won't sell.
There is something about water that connects with our most primitive aesthetics.
There is something about water that connects with our most primitive aesthetics.
Posted on 2/10/12 at 5:40 pm to mpar98
Let them pay you for the timber.
Posted on 2/10/12 at 5:56 pm to Zach
What lake are you on, Zach?
We bought a lake house at Lake Rosemound in West Feliciana parish. Bought it in 1991 for $44,000 and put about $20,000 in improvements into it.
Sold it in 2005 for $161,000.
Waterfront property of any kind is a gold mine. (Cue Rivers....)
We bought a lake house at Lake Rosemound in West Feliciana parish. Bought it in 1991 for $44,000 and put about $20,000 in improvements into it.
Sold it in 2005 for $161,000.
Waterfront property of any kind is a gold mine. (Cue Rivers....)
Posted on 2/10/12 at 6:07 pm to LSURussian
quote:
What lake are you on, Zach?
Cypress. Near Benton, La. north Bossier. Dead end street. Heavily wooded. I'm on the east side so I get to see the sun set over the water at night.
I got the idea in my head when I was a very poor kid and my parents took me on a trip to visit my aunt on Bay St. Louis, Miss.
It was a small place, but when I looked out those picture windows framing the beach and the Bay I thought 'someday I'm gonna live on water like this.' I was only about 8 years old.
A lifetime later I designed my house to be similar to hers. Lots of glass facing the lake and no real separation between kitchen and living room.
Posted on 2/10/12 at 6:16 pm to Zach
Your own little piece of heaven.....
Posted on 2/10/12 at 11:20 pm to Zach
quote:
Cypress. Near Benton, La. north Bossier
been there a few times, cross lake and caddo lake are also nice places to own.
Posted on 2/11/12 at 12:04 am to bulldog95
Landwatch.com is where I bought my 50 acres
Posted on 2/11/12 at 8:51 am to mpar98
quote:
I may want to jump into this
I've just got some general guidelines to consider:
1. TAKE YOUR TIME
2. Do your homework
3. Don't pay retail
4. Don't fall in love with any one particular lot - never let the seller know how bad you want it
5. If you borrow, don't get a variable rate
These are my personal guidelines when making any major purchase.
If you do 1 & 2, you'll know the deal when you see it.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News