Awesome post. My only advice would be to not wait on buying. Get your plan, figure out your budget and get it going. If not purchasing outright, owner financing is still a thing but harder to find.
Land (in So FLo) is only going to get more expensive in my opinion. Feel free to PM me if youre looking in FL. Good luck bro!
thanks man!! Where are you located? You got facebook or instagram? So far ive checked out Naples, Punta Gorda, Pine Island/Bokeelia, Homestead/Miami. Ive been a few times this year but havent seen anything I loved that wasnt ridiculously overpriced in my humble opinion.
Honestly my budget is a pretty big range. As in the US I would qualify for financing and possibly a USDA loan if the property is eligible. In Puerto Rico or Costa Rica I would need cash or funding.
In the US my budget for a property 1-10 acre with a 1 or 2 bedroom house is $500,000.
In Puerto Rico or Costa Rica I would be looking below $200,000 with a house. or Below $100,000 for just land. Ive considered doing both eventually and keeping a genetic library in a place like puerto rico and flying between FL and PR.
[/quote]
We are transitioning from the east coast to n ft myers area. We grow on two properties in Hendry and Lee county, one with irrigation one without. We really like the west coast compared to palm beach/broward, but loxahatchee and the acreage is a sweet place if you can find something that fits the budget. Anything north of ft myers may be tough on in ground tropicals long term.
Financing for land is possible, we put 60% cash down on Hendry county property, owner financing. It was perfect for us and luckily the land value has increased quite a bit the past year. No buildings, just raw land.
Ownership is everything imo.