|
North Central Indiana | Buying land is one of the only ways to use borrowed money to purchase an appreciating asset with returns similar to stocks. If your cash flow can handle it there’s rarely a time where a person is worse off over the long term for buying land.
Yes I know “the 80s the 80s land is a horrible investment” crowd will tell me I’m wrong. But look at your balance sheet compared to the guy making $60,000-80,000 in your small town and tell me I’m wrong then.
“It’s just paper” okay then sell it at retirement. I have fields that are “retirement account” fields. Bought right, not outstanding, negligible in the scope of the operation. Can be sold anytime without adversely affecting the business. Used borrowed money to get in and cash flow handled the rest. Could’ve put the cash into stocks but I prefer land. I’ve got traditional retirement too, but this is another tool in the box
Edited by JRCS Farms 8/1/2026 20:21
| |
|