i can't afford any actual properties for investment but are cemetery plots a good idea? As they get more and more filled up will they be extremely expensive a few decades from now? I am in Chicago.
2007-03-19 12:14:37 · 5 answers · asked by JK 2 in Business & Finance ➔ Renting & Real Estate
Yes this is great you have to buy a lot of them.
Buy every third one or fifth one and make a checkered pattern.
Then when you get a call put the screws to them or there love one will for every be separated from them.
2007-03-19 14:16:09 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I used to be from the western suburbs and all I can say is that it is amazing how they have gobbled up the available land since I lived in Oak Park River Forest.
Let me answer it this way. An investment is based on a reasonable return based upon what the market expects from the product as compared to where your money is earning you money now.
Having said that imagine then selling land by the square inch versus square feet. Outrageous??? nahhhh if you remember that they are not making any more land nor natural resources to support building on it and those items are finite. However, they are still making babies and the baby boomers (I'm one) will be within the next decades wish they had planned on having a piece of land to rest in that has not been gobbled up for homes for all the new babies being born now. Or to an urn they will go.
Answer: if it's priced right of course.
Buena Suerte
2007-03-19 12:34:57 · answer #2 · answered by newmexicorealestateforms 6 · 0⤊ 0⤋
which will rely on what sort of money you ought to artwork with. in case you ought to purchase some thing run down, under $75K, restoration it up your self on weekends and then sell it..... then the terrific city for you is the city the place you reside. you ought to shop your day pastime and rigidity each and each weekend on your investment. in case you have one or 2 million sitting around and can fly to Hong Kong or Seattle, or Bangladesh or the place ever....... the I have no earthly thought the place you ought to purchase. Ask Donald Trump. He does stuff like that! (i do no longer think of he reads this communicate board regardless of the undeniable fact that...)
2016-10-02 10:07:13 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Quiet neighbors...and even some trees..
In a city...good idea...get a big lot and a tent you'd be better off than most working folks in the sf bay area.
2007-03-19 13:23:07 · answer #4 · answered by Sqwrll F 2 · 1⤊ 0⤋
Not really. They will not appreciate much in value. It would be lucky to stay of with inflation. The major advantage is that tenants seldom move after occupancy.
2007-03-19 13:17:34 · answer #5 · answered by ttpawpaw 7 · 1⤊ 0⤋