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Horned Frog Athletics
Scott & Wes Frog Fan Forum
OT- Thoughts on Real Estate
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<blockquote data-quote="westoverhillbilly" data-source="post: 2838641" data-attributes="member: 70030"><p>I'm a mostly retired real estate auctioneer and sold scores of acreage tracts over a 30+ year period.. If you're buying and holding for the long term, you probably will do just okay and this current situation may be your best opportunity for awhile to deal with a scared seller.. With the slated population growth we're experiencing and should continue to experience in the area over the next 30 years, the value of land should increase well..</p><p></p><p>That said, the yields on my real estate investments have under-performed indexed mutual funds during my career even after taking into account the beatings of the last two weeks in the stock market.. You should buy your acreage to enjoy as a quality of life issue, not as an investment to make a high return..</p></blockquote><p></p>
[QUOTE="westoverhillbilly, post: 2838641, member: 70030"] I'm a mostly retired real estate auctioneer and sold scores of acreage tracts over a 30+ year period.. If you're buying and holding for the long term, you probably will do just okay and this current situation may be your best opportunity for awhile to deal with a scared seller.. With the slated population growth we're experiencing and should continue to experience in the area over the next 30 years, the value of land should increase well.. That said, the yields on my real estate investments have under-performed indexed mutual funds during my career even after taking into account the beatings of the last two weeks in the stock market.. You should buy your acreage to enjoy as a quality of life issue, not as an investment to make a high return.. [/QUOTE]
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