Well needless to say the economy is not as good as it was in 2007. I believe along with many economist this will be the year well-off individuals who are liquid will become millionaires with the right investments!Being in the farm and ranch real estate business i've come across many individuals with ranches that can no longer afford to run the operation they intended. Therefore they’re met with the difficult decision of getting out from under the burden of debt. This allows many liquid individuals to take advantage of land prices that are well below market value! For example a 7,000 acre high fence ranch south of San Antonio just sold for $850 an acre. This ranch, in this particular area, would normally sale for $1,500 an acre or more! The group of men that purchased this property have the opportunity of making between 2 million to 4 million on their investment within 2-3 years! That’s an outstanding return on your investment!!!
Don’t get me wrong not all ranches for sale in Texas are faced with the demands of financial difficulty, but there are several that are. We have a 4,515 acre ranch south of Sonora that we’re asking $975 an acre only because the owner is trying to get out from under this property(The pics are of this ranch!)! The ranch has county road access, working pens, water wells, rock house, barns and many other improvements. Property in this general area normally sells for $1,300+ an acre. Individuals from all over the US are making drastic changes to a more stable investment, like land. I guess they’re tired of losing hundreds of thousands of dollars in the stock market! With saying all that, put your money somewhere you have control over it. My optimistic mind is always thinking of ways to make the best out of the worst times. If you would like information on investment ranches please let me know. koby@5staroutfitters.com.
