Posted 7/9/2020 19:45 (#8364025 - in reply to #8361787) Subject: RE: Lake house for long term investment property?
Iowa
If your able to pay with no loan, it's probably a great investment. Large interest payments + taxes make property a less desirable investment than it is often billed to be.
If I could go back and take all the money I spent on land the last 7 years and stick it in the stock market instead, I'd be able to pay cash for that land now.