Deleted
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Post by Deleted on Sept 10, 2008 13:58:44 GMT -5
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Post by 76chevy on Sept 10, 2008 14:19:02 GMT -5
anybody need a new place to hunt?
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Post by Woody Williams on Sept 10, 2008 17:20:44 GMT -5
If can only hit the PowerBall...  |
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Post by huxbux on Sept 10, 2008 20:21:03 GMT -5
I was really looking for a little more acreage than this offering.
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Deleted
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Post by Deleted on Sept 10, 2008 20:46:24 GMT -5
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Post by parson on Sept 11, 2008 7:32:57 GMT -5
I'm STILL waiting for my 10.2 million from the gentlemam in Nigeria. Maybe, if I get it before the auction....
parson
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Post by huxbux on Sept 11, 2008 18:18:24 GMT -5
I'm STILL waiting for my 10.2 million from the gentlemam in Nigeria. Maybe, if I get it before the auction.... parson Something tells me that won't buy this parcel. |
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Post by parson on Sept 11, 2008 19:08:57 GMT -5
Not to worry! I've gotten several such offers to share millions!
parson
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Post by jackc99 on Sept 11, 2008 21:28:24 GMT -5
I think they want 25 mil for the whole thing.
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Post by kevin1 on Sept 12, 2008 5:07:43 GMT -5
I'd say most of us couldn't even afford the property taxes on such a parcel.
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Post by freedomhunter on Sept 12, 2008 7:37:51 GMT -5
Someone substantial will buy the whole thing and keep it to themselves.
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Post by Russ Koon on Sept 12, 2008 11:45:57 GMT -5
Looks like an opportunity for anyone with a nest egg or some equity to pick up a parcel for an investment they can hunt on.
I haven't seen a more reliable investment than bare ground.
I would expect the value of the parcels to generally outgrow my current IRA portfolio and any income from timber or cropground leasing to cover taxes or at least keep the net cost of ownership very low.
I couldn't make a noticable dent in the expected price for the whole package, either, but there may be some parcels that go low enough for me to consider. There will be a lot of them on the market at one point, which may help keep the auction price low, along with the timing with regard to current economic conditions.
I'll probably at least try to get down there for a better look and check out how much of my nest egg I could free up for the opportunity. Sure wish I'd grabbed one of the purchase opportunities I've passed over through the years.
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