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Updated about 1 month ago, 11/25/2024

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4
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1
Votes
Colt Price
1
Votes |
4
Posts

Land and how to make it pay for itself

Colt Price
Posted

Hi BP! I have a little bit of a choice personal problem. I grew up in a remote part of TX surrounded by acres and acres of land. It's been cut up, sold off and dispersed through the generations but our little piece is still where I like to call home. There are some houses around that I would like to get a hold of one day though it may be hard with as expensive as everything is getting. But there is also just some raw land available now and probably more will come available. With a little bit of investing, rentals and knowledge under my belt I may be able to do something with the surrounding houses one day but how can I make the land pay for itself? There is 10 acres of raw land for sale close by right now and I would love to own it, just to have it, control it, do what I want with it and pass it down to the family. It's expensive and I'm not a rich man. I know I'm probably swinging for the fences but How can I buy it and make it pay for itself? Any land gurus out there? Thanks in advance!

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