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<blockquote data-quote="J" data-source="post: 138243" data-attributes="member: 2167"><p>Is this property near a growing area. Could it be possible that it could or would be developed in the next 10 years or so? If so and provided you could get them to come off that price some I would seriously consider it. I agree with the fact that with more debt comes more of a chance of going under but as you know they ain't making land anymore and if this is in a growing area with a good school district, water and sewer nearby, and many other variables (development cost is what I'm talking about, and that is something you have to consider into the overall picture) then you could use that land to get started on, then possibly develop it, make some money and buy a bigger place. </p><p></p><p>I never thought I'd be advocating devloping land because I would like to own as much as possible before I die and hope that no-one around me devlopes theirs but it's a thought. I work in a field that deals with these guys all the time and they make money at it. Just a thought.</p></blockquote><p></p>
[QUOTE="J, post: 138243, member: 2167"] Is this property near a growing area. Could it be possible that it could or would be developed in the next 10 years or so? If so and provided you could get them to come off that price some I would seriously consider it. I agree with the fact that with more debt comes more of a chance of going under but as you know they ain't making land anymore and if this is in a growing area with a good school district, water and sewer nearby, and many other variables (development cost is what I'm talking about, and that is something you have to consider into the overall picture) then you could use that land to get started on, then possibly develop it, make some money and buy a bigger place. I never thought I'd be advocating devloping land because I would like to own as much as possible before I die and hope that no-one around me devlopes theirs but it's a thought. I work in a field that deals with these guys all the time and they make money at it. Just a thought. [/QUOTE]
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