08-04-2013, 01:12 PM
The biggest problem would be paperwork and taxes. If these issues could be dealt with, I think it is a great idea. Especially if there were numerous parcels of land purchased in many different places. A core group could pool X amount of money to buy properties. If someone already owned land in a desirable location, maybe they could use that as part of their portion of the investment. Folks that didn't make the initial investments could pay a very reasonable fee to use the property and that could help pay taxes.
I'd recommend not to make improvements on the properties as that would raise taxes. A small trailer with a water haul tank at each site would be a great asset. Taxes on unimproved land are usually very reasonable.
I would personally enjoy having somewhere that I could do a bit of gardening during the summer months.
I'd recommend not to make improvements on the properties as that would raise taxes. A small trailer with a water haul tank at each site would be a great asset. Taxes on unimproved land are usually very reasonable.
I would personally enjoy having somewhere that I could do a bit of gardening during the summer months.