Quote:
Originally Posted by cobia6620
I'd be ok alone in the woods but for the sake of my wife being around other full times would be the best
not sure I'm up for the challenges of buying land and developing a site with all the zoning restrictions these days
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Land is one thing you can buy and be assured it's an investment which will increase in value. It's not like paying rent.
Check zoning laws for areas you might be interested in and if you really get serious make an appointment with the zoning officer and discuss this with them. Don't buy then find out you are in violation of the zoning laws where you own.
Any improvement you make will pay dividends in the end. Once cleared and power, water and septic are put in the value will skyrocket. Think how much you would pay if you found exactly what you wanted and it was already there ready to go. With all the RV's being bought in today's market the demand will only increase.
You have an advantage now as you can select a spot near where you would want to be and develop it to your own satisfaction.
If you plan to move away for a period of time you also have the option of renting your spot to someone else during your absence. A little stipend to help with the tax bill.
Happy shopping.
I might add, I bought a 1.3 acre lot in the country in 1970. In 1974 I started building a house which we moved into in 1975. I saved all I could and built a three stall garage in 1982. In 1983 I bought another 1.3 acres of land behind my original lot so the farmer could square off the land he owned behind me and the lot next door to me with a house he owned and rented out. The farmer sold the house in 1988. In 1995 I bought the house from the subsequent owner but left the lot lines divided so they remained separate.
In 2001 I bought all the land the farmer owned behind my house which had no other frontage other than my original lot and is situated behind lots the farmer had divided up and sold as five acre building lots. The remaining land totaled just under 100 acres. This land consists of tillable land, woodlands and a swampy area as well as a trout stream flowing through it. This was the beginning of what I call "My little piece of Heaven". I have room for all my outdoor activities including ATV riding, snowmobiling, hunting, fishing and we have a test strip for our snowmobile drag racing sleds in the wintertime. I rent the tillable land to a farmer who grows crops. The income pays the taxes and insurance and I still have a little left.
Four years ago I signed the house and lot next door to me over to my son who in turn tore the old house down and built a new house in it's place.
In 2009 I also bought 96 acres of fallow farmland across the road from our house which I have put back into production for farm crops and rent out to the same farmer. All this buying has added an immense increase to my original home and small lot. In 2012 I built a 40X60' pole barn behind my garage.
I retired from my own business in 2019. Thinking I might want to sell and move away I have had three individual offers on my home and property. The offers were all for amounts many times my overall investment costs. I'm not going anywhere though. I'm exactly where I want to be. My Motor Home is a weekend get away vehicle but after the weekend it finds it's way back to my "Little Piece of Heaven"