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Updated almost 7 years ago, 01/26/2018

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77
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0
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Dustin T
  • WA
0
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77
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Recreational land experience?

Dustin T
  • WA
Posted

Anyone have any experience investing in recreational land? I'm familiar with large companies such as TLC, who buy up thousands of acres of land, subdivide...sell. sometimes they do some value added before the sale...such as power, water, cabins, etc.. but often the land is sold raw.

Anyone have an experience with this strategy?

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131
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1
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Jim Francis
  • Real Estate Investor
  • Alabama
1
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131
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Jim Francis
  • Real Estate Investor
  • Alabama
Replied

Hey Dustin, what does recreational land mean? Do you mean land for camping, fishing, or otherwise?

User Stats

77
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Dustin T
  • WA
0
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77
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Dustin T
  • WA
Replied

that is exactly what I mean :)

One thing I've considered is buying a 20acre parcel and building a little bit every year. I'm only 23, so I figured if I had it paid off within 15 years, and my cabin/house was complete or near complete, then I'd have an excellent vacation home paid off.

Truthfully, I just want to invest into solid assets. Paper is great, but land is forever :)

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User Stats

77
Posts
0
Votes
Dustin T
  • WA
0
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77
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Dustin T
  • WA
Replied

I should say as well... from an ROI stand point. I had this in mind of recreational land.

buying 20 acre lots, building small, inexpensive cables in the sub $5000 range and either:

a. renting them out all year
b. selling subdivided lots with cabins on them.

one of the areas i'm looking at butts right up to public hunting land that is filled with litterally thousands of hunters every year... so i think it's marketable.

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56
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Replied

Sounds like a good idea. You mean cabins, right? Not cables. Are there any restrictions on subdividing in this way?

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77
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Dustin T
  • WA
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77
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Dustin T
  • WA
Replied

LOL, just noticed this...

User Stats

131
Posts
1
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Jim Francis
  • Real Estate Investor
  • Alabama
1
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131
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Jim Francis
  • Real Estate Investor
  • Alabama
Replied

Is there much money to be made with these recreational land investments? Is it tough to keep the cabins filled?

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15
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Replied

I wouldn't think it'd be difficult to rent out if you buy in the right location. Close to skiing, fishing, hunting, biking, rafting, etc. I bought a place I can hunt on for a few years then hopefully sell it as commercial property. (fingers crossed)

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58
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60
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Sourabh Bora
  • Bronx, NY
60
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58
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Sourabh Bora
  • Bronx, NY
Replied

@Dustin T , I know its old, but did you end up doing anything with cabin idea?