09-24-2016, 01:05 PM
Apoc Wrote:My grandfather made a ton of cash buying land and new homes in up and coming neighborhoods, but that was 30 years before everyone and their mother tried to flip houses. He also sat on empty land for 20 years, so his long game was pretty strong. I'm just not sure there's land sitting around like that any more.Yeah that's a great sort of bubble example. It's hard to find land in a lot of the most popular growing metro areas that is cheap and desired. If you could get in years ago and had the cash to do it you are made. My father is still living on our 100 acres outside of Leesburg that my grandfather bought in the '50s too raise his race horses on. Can't wait until we sell that someday
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks