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Posted on 1/11/18 at 1:07 pm to maisweh
Davis is but only because of a shoot that's not very wide at all. At certain times, it's not though. Giles is not an island. Diamond is not an island.
Posted on 1/11/18 at 1:12 pm to 34venture
quote:
Well considering I just bought the share at winter quarters there is only 3 available now.
Welcome neighbor
Posted on 1/11/18 at 1:15 pm to Mr Wonderful
Timber, oil and gas, etc
Posted on 1/11/18 at 1:16 pm to AlxTgr
quote:
Diamond is not an island.
It can be when the water is up. But it can also be a lake.
Posted on 1/11/18 at 1:20 pm to Mr Wonderful
quote:I'd say the largest ROI is on appreciation of value. The way hunting is headed it's probably a pretty good investment.
I’m assuming timber?
Posted on 1/11/18 at 1:26 pm to LSUballs
quote:Well yeah, but that's anywhere inside the levee. Diamond can be driven to by truck at multiple locations.
It can be when the water is up. But it can also be a lake.
Posted on 1/11/18 at 1:37 pm to White Bear
quote:
I'd say the largest ROI is on appreciation of value. The way hunting is headed it's probably a pretty good investment.
Ehh. I can't believe these shares are bought for appreciation in value. A simple stock market investment would yield a much higher return. Land simply doesn't appreciate that fast. Maybe when you take into account timber, oil & gas, etc?
Posted on 1/11/18 at 1:41 pm to Mr Wonderful
What is cottonwood used for? I saw some gigantic logs coming off the island last week.
Posted on 1/11/18 at 1:43 pm to Mr Wonderful
quote:
can't believe these shares are bought for appreciation in value. A simple stock market investment would yield a much higher return. Land simply doesn't appreciate that fast. Maybe when you take into account timber, oil & gas, etc?
They aren't bought for their return. They are an investment, I mean $900k is an investment whether good or bad. Once you have a net worth of $10 mil or so you want to start diversifying your money. You don't want a $1 mil house and $9 mil in the stock market only for it to crash and you lose $2 mil overnight. So you have $x amount invested in your business, in the market, and then you start to put some of your wealth in other areas that hold their value and hopefully increase over time. Given a lot of hunting land has skyrocketed so the chance of a good return is there.
Posted on 1/11/18 at 1:43 pm to AlxTgr
What are annual dues at one of these places like?
Posted on 1/11/18 at 1:45 pm to AlxTgr
quote:
What is cottonwood used for? I saw some gigantic logs coming off the island last week.
I learned this past weekend that it has the same density as hickory or oak and is used in engineered wood flooring as a middle or bottom board. The same density as the top coat of wood keeps it from warping
Posted on 1/11/18 at 1:46 pm to sloopy
quote:I don't know that there are any.
What are annual dues at one of these places like?
Posted on 1/11/18 at 1:49 pm to Tiger Prawn
quote:
$850K
I'd rather buy 500 acres in South Texas for that price and have complete control over the land
Posted on 1/11/18 at 1:56 pm to AlxTgr
quote:oh yea, there are dues.
I don't know that there are any.
Posted on 1/11/18 at 1:57 pm to baldona
quote:
They aren't bought for their return. They are an investment,
In all seriousness land is a solid long term investment. But if you have $900k to invest and you're looking to add land to the portfolio, one of these club ain't what you're looking for.
Now if you have family and friend who like to hunt, then yea. But no one is buying these shares as a pure investment unless they slept through finance 101.
Posted on 1/11/18 at 1:57 pm to texag7
quote:
$850K
I'd rather buy 500 acres in South Texas for that price and have complete control over the land
You wont find 500 acres for $850k anywhere in stx anymore.
Posted on 1/11/18 at 1:58 pm to Rover Range
Usually the dues at these types of places are to splitting the property taxes and covering expenses for land maintenance, seed, fertilizer, etc.
Posted on 1/11/18 at 2:00 pm to JAB528
Which is offset by income, no?
Posted on 1/11/18 at 2:02 pm to MillerMan
quote:
You wont find 500 acres for $850k anywhere in stx anymore.
500 acres anywhere within 5 miles of any of these places is going to be closer to 3.5/4 mil
And most every club that can be bought into, has dues that are higher than what 90% of this board is paying
This post was edited on 1/11/18 at 2:03 pm
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