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Updated 22 days ago, 11/04/2024

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Cara Quant
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Owning land in St. John's Arizona, Good idea?

Cara Quant
Posted

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?

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