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Coffee Shop
Taking the Leap
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<blockquote data-quote="Dave" data-source="post: 1642748" data-attributes="member: 498"><p>I know people who have successfully done it. Be prepared to work 16 hours a day 7 days a week. Be prepared to skimp by on nothing for a lot of years. And you said rent/lease ground is not available where you are and land price is going through the roof. So be prepared to move and move a considerable distance. Affordable land will be in the middle of nowhere. Maybe a few miles past the middle of nowhere. The affordable land I know of is an hour or two drive to the grocery store. Those looking for a life style in the country don't want to live that far out. That reduces competition in purchasing property. Look for a run down house and facilities. You can fix them up yourself. The places where everything is first class will cost more to buy but won't return a cent more.</p></blockquote><p></p>
[QUOTE="Dave, post: 1642748, member: 498"] I know people who have successfully done it. Be prepared to work 16 hours a day 7 days a week. Be prepared to skimp by on nothing for a lot of years. And you said rent/lease ground is not available where you are and land price is going through the roof. So be prepared to move and move a considerable distance. Affordable land will be in the middle of nowhere. Maybe a few miles past the middle of nowhere. The affordable land I know of is an hour or two drive to the grocery store. Those looking for a life style in the country don't want to live that far out. That reduces competition in purchasing property. Look for a run down house and facilities. You can fix them up yourself. The places where everything is first class will cost more to buy but won't return a cent more. [/QUOTE]
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