Buying land

Discussion in 'Buying & Selling Real Estate' started by Investor, Jan 10, 2015.

  1. JR Ewing

    JR Ewing Super Moderator Staff Member

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    Land ownership can be a great thing. Make sure you get the mineral rights if possible when buying land. Even just owning mineral rights to land can be very profitable.
     
  2. Tara

    Tara Active Member

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    I agree that land owners is preferable. I live in an urban area were open land is quite scarce and very expensive. I haven't given up hope of owning land just yet. I don't want to leave the area even though it rather expensive to live here.

    Owning the mineral rights is very important. My family home sat on top of a substantial oil deposit, but my family had no claim to it. Something my mothers still pisses about to this day.
     

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