Big Ben - 10/15/2021 09:26
Boone & Crockett - 10/15/2021 02:13
[How many posts have you seen on here of nosebleed sale reports, as opposed to posts on significantly below market value reports? .
What’s repeatedly posted on here still doesn’t make it gospel. How many times have you read on here “land never cash flows, or at least not since the 80’s”? That would also be wrong, at least outside of Iowa. People aren’t as likely to tell the whole world
(literally, on the Internet
) when they’ve found a place where land is below market value and/or cash flows. Like a secret fishing spot, you tell everyone, they show up, and it’s ruined.
Land definitely does not cash flow on its own here, you need tented land or land with good equity to make it work. If you know of somewhere that land easily cash flows itself let me know, I bet I can talk my banker into letting me in on that game.......
Buy land or wait for lower prices
