USA | tmrand - 1/29/2024 08:19
I think Coup is more so meaning your return on farming it..........not necessarily flipping it.
No one really knows how well their land value appreciated until they actually sell it.
Loan money on $15,000 acre ground for 5 years @ 6.5% = $975 acre x 5 years= $4875 acre
Buy the acre with $15,000 cash x $400 net = $600 acre x 5 years = $3000 acre.
$4875 - $3000 = $1875 acre x 100 acres = $187,500 per 100 acres bought loss for the cash land buyer .
Paper profits doesn't pay bills, cash does. Would would guess over the next 2-3 years more than one is going to get educated about this fact. |
10 years from now
