Step­ping Stones

Modern Pioneer - - [personal Paradise] -

When you do take the plunge to buy a par­cel, even if it’s a small one, you’ll prob­a­bly grow at­tached to it quickly. There’s noth­ing wrong with that, but it also helps to con­sider that a small prop­erty might be­come a fi­nan­cial step­ping-stone to some­thing big­ger. Pay at­ten­tion to the realestate mar­ket as a whole, be­cause you might find that the 20 acres you bought five years ago are now likely to bring in dou­ble the price you orig­i­nally paid.

Real estate is gen­er­ally a good in­vest­ment, and only gets bet­ter with time and the amount of work you put into it. That means that while you might out­grow your first pur­chase, some­one else will gladly pay you well for it. This could al­low you to up­grade to a larger prop­erty, which is never a bad thing.

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