General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 22 days ago, 11/04/2024
Owning land in St. John's Arizona, Good idea?
Hello All,
My name is Cara and I'm new to BiggerPockets. My family and I are paying to own 32 acres of land in the St. John's Arizona area over the last couple years. We have not done anything on the land yet because its very far from all our primary residences and does not have basic things like a well paved road and a water source. I've been listening to many BP real estate podcasts over the last few months and did some research on this area and it doesn't seem like the economy in the area is growing. We wanted to eventually use this land for short and long term rentals and it would take much money and time to make that happen. Does anyone have advice on what to do with this land if we still want to do real estate investing as a family?