Land is one of the best investments a person can make these days. In the United States, land has been prized by people for generations. Land was capital and power — part of the reason why we began expanding westwards. And the old term “gentleman farmer” still has a kind of pride still associated with it. So it’s no surprise that in today’s fluctuating economy, those looking to sink their money into something lasting are looking toward real estate once again. If you have the money to spend, snapping up one of the farm properties for sale or cattle ranches might be a great investment. You can use the land for hunting, ranching, lodging, or farming yourself — or give other people the run of it, for a price. Even though many people believe that farming is becoming a less lucrative way of life, there is still profit to be made!
Okay, I’m Intrigued…What are Some of the Benefits of Buying This Kind of Large Property?
Nature
If you’re an outdoor lover with some money to burn, buying a large piece of property that you have all to yourself can be amazing. You get to enjoy the beauty of nature, do some hunting, and enjoy some of America’s wilderness at its finest. You may also be playing a part in conserving that land, that would otherwise be bought up by real estate developers or people looking to put parking lots and buildings on the land, instead of simply enjoying it for its raw state. Of course, there’s plenty of work for you to do in the upkeep of the land and property, but you’ll have uninterrupted views to your heart’s content. And researchers have proven that spending time in nature is good for mental and emotional health as well! It can help you slow down and relax.
Family Time
There’s still something eminently satisfying about a childhood spent in the country. That phrase seems to conjure up memories of a simpler and less complicated time, where neighbors knew each other, hunting was a favorite past-time, and kids went blueberry picking in the summer. While the present still remains a little more complicated, it’s true that spending time in the country can teach your children valuable lessons about taking responsibility, caring for the earth, and can give them the freedom to run around as they please. If you end up buying a ranch, there will also be plenty of responsibilities that they’ll have to take part of, which are all great family bonding activities and learning experiences. If you’re using the land to go hunting, it’s again a great bonding activity with your son or daughter in a relatively closed environment. In some cases, it might be the very place to let go of an incredibly fast-paced and urban lifestyle and unwind a little. Additionally, working on that kind of land will also be good for your whole family’s physical health.
Just Think of the Investment!
Although it can take some serious capital to purchase the land in the first place, conduct any necessary repairs or additions, and maintain the land, there’s alway the possibility of making some money off your investment. If you end up cattle ranching, for example, or turning the land into viable farming space, the products you raise on that land can be sold for profit. Recently, the prices on some ranches have been down by 30% and the return on investments stabilized around 3%, investors with serious capital have been looking closer at sinking their money into land. While to some degree, it can always be a gamble, if you do your research, are dedicated to making a profit off the land, and can exploit it wisely, you may be able to both preserve the original land, enjoy the natural beauty, and still turn a profit.
If you’ve been yearning to spend some time in a wild place, surrounded by nature, perhaps looking into investing some money in a ranch or farm for sale might be a great venture for you and benefit you in the long run.