You hear a lot of contradicting advice on real estate. Should I rent? Should I buy? But one of the most controversial discussions about real estate is land. Is land a good investment or not?
Some myths about purchasing land is upkeep is difficult or that you won’t ever see a return for your investment. Well, let me break down those myths for you, and open your eyes to the wonderful world of purchasing and owning land.
First myth: Land upkeep is difficult. False. Large land upkeep is much more affordable than keeping up a larger home with maintenance issues or landscaping a front yard. Especially if you are lucky enough to find property where the original owners have taken care of their land like a gem.
For instance, I am listing a property right now where the owner has not only taken care of the 9.78 acres (What an investment!), but has also built a beautiful country road guiding you through the entire acreage. It also is already under contract for a tranquil pond to be built behind the home, using the dirt to help build up the property. Located in scenic Pride, Louisiana, this property is the sight for country, peaceful living.
Taking care of land is also not to be dreaded. You hear a lot of country songs talking about “riding the land”, driving “back roads”, or cruising on the tractor. These aren’t just good ole lyrics that make you feel warm and fuzzy inside, but is actually a doctor recommended form of therapy. As John Milton said, “Make hay while sun shines.” Imagine watching your children playing out in the a huge yard with a trampoline, pool, or simply riding bikes (or fourwheelers!) on the country road. How relaxing of a picture is that?
Second myth: I’ll never see my return on my investment. Totally false. If life has taught us anything, it has taught us that nothing is for certain. Many people will find creative ways to see returns on their large land investment. The more creative, the more of a profit they see. One man in North Carolina, named Keith Brouillard, started off with a smaller purchase of land which eventually turned into 280 acres of timber and hunting land he calls Carolina Forestry. You can now go on his website and purchase one acre properties at a time for $20,000.
Now imagine if you owned about 10 acres that was originally purchased for 149,000 this year. Then, you turn around in 5-10 years, when the market slightly changes, and sell for $20,000 to $30,000 an acre. That’s a $51,000 to $151,000 profit. Doesn’t sound like a poor investment now, does it?
Imagine what you could do with a wonderful piece of well taken care of land like that? Not to mention it has a great mobile home with an adorable front yard gate for curb appeal. This particular property is not only a peaceful new home, it’s great investing at it’s finest.
Land investment is not only a good investment, it’s a great investment. As the Mark Twain said, “Buy land. They’re not making it anymore.”
Interested in the property mentioned about. Research it under 16529 Pride Baywood, Pride, Louisiana 70770. Pictures shown of actual property. Call Geneva Compton at (225) 938-0556 for private showing.
Hear Mike roar from your backdoor at this amazing price!! This is the perfect 2 bedroom townhome with loft for any college student. Newly remodeled with painted cabinets, huge walk in closet, skylight in bathroom, and much more. This townhome has it all plus it is on LSU’s bus route. Immaculate inside and out with newly landscaped beds, this is the one for you! Listed by Tim Houk
Beautiful 3 bedroom 3 bath home in the Shadows Lake subdivision. Wood floors throughout the home with large windows that allow tons of natural lighting. The best part about this home is that the master bedroom overlooks the lake with large french doors opening to the backyard. There is also an unfinished bonus room above the garage that would be great for a game room for kids or could be used as a fourth bedroom. Kitchen features include granite counter tops with a large island that allows extra seating for your dinner guests. Master bathroom features a jacuzzi tub with a separate walk in shower and his and her vanities.The large backyard has a covered porch which would be great for entertaining your friends and family. Listed by Tim Houk
Beautiful home in Villa Del Rey Subdivision in Baton Rouge, LA. This spacious 4 bedroom 3.5 bath home has all the space you will ever need. There are two large living areas which make this one great for entertaining. There is also a huge extra room that could be made into a mother in law suite or an office. Home is filled with features like wood floors, built-in bookshelves, large open windows, and spacious bedrooms. This home would be great for a growing family so hurry and don’t miss out on this one! Listed by Tim Houk.
The Louisiana Family Homecoming Celebration festival attracted several hundred people to the State Capitol grounds Saturday to enjoy traditional Louisiana food, music and art in honor of the state’s 200th birthday weekend.
Louisiana became the 18th state to join the United States on April 30, 1812.
The festivities continue on Sunday with the Louisiana Music Hall of Fame’s “Bayou Bicentennial Birthday Bash,” from 1 p.m. until dusk in the Hollywood Casino’s parking lot at 1717 River Road North, which promises live music and free ice cream. Another celebration, the “Bicentennial Blues Concert,” will be held at the Old State Capitol on Sunday starting at 1 p.m.
Throughout the day Saturday, chefs from around the state demonstrated how to cook a variety of Louisiana fare, including jambalaya, pork rinds, deep-fried king cake and crawfish etoufee.
Susan Daigle, of Jennings, who operates “Gator Chateau,” a shelter for baby alligators who fishermen find to have been abandoned by their mothers, brought baby alligators for festival-goers to hold.
“It’s Louisiana’s 200th birthday and we’ve got to celebrate our own great state,” said Baton Rouge resident Kent Smith, as his seven-year-old son and 10-year-old daughter played with a baby alligator. “Plus, it’s good family fun.”
Dozens of artists were selling handmade crafts that highlighted the state’s heritage.
Artist Kellie Austin, of Baton Rouge, said she had sold much more than she had expected of her jewelry, made from recycled French Quarter coins and bottle caps.
“People always say Louisiana is a sportsman’s paradise but it’s truly an artist’s paradise,” Austin said. “We have so much here to draw from, you don’t have to go anywhere to find beautiful studies. Just look out your front door.”
Lt. Gov. Jay Dardenne said the highlight of his time at the festival was joining Zydeco musician Chubby Carrier and The Bayou Swamp Band on stage to play the frottoir, a zydeco washboard musical instrument.
“This is a wonderful slice of Louisiana and everything that makes Louisiana great: food, music, festivals and family,” Dardenne said.
On Monday, the state’s actual birthday, a tree-planting ceremony will be held at 9:30 a.m. in A.Z. Young Park at the corner of Third and Lafayette Streets.
In the afternoon, the Bicentennial Commission will unveil the state’s new “Gumbo Forever” postal stamp at the State Capitol.
The stamp, which will go on sale Monday at post offices, features a sunset photograph of Flat Lake in the Atchafalaya Basin showing cypress trees hung with Spanish moss.
Starting Monday, an exhibit depicting Louisiana’s path to statehood will be up all week in the State Capitol.
by naomi martin
Advocate staff writer
April 30, 2012