There is a lot to consider where buying a piece of recreational property. It does not matter if it is ll woods, all open or on the water. There are questions you need to ask yourself.
Who is this land primarily for? You for hunting and or fishing. Off roading or hiking. Will there be family involved. How about extended family.
Who will own this property? Will this be sole ownership of with other family and or friends. How will decisions be made on it's use.
How much work are you planning on having to do. Recreational property can involve a lot of work. Cabins need as much upkeep as your home. If you don't like working on your home...Why do you think you can do all the maintenance on a cabin.
Finances. Besides buying the property...there is the upkeep and improvements. You need to look at your household budget and see what disposable income you have and decide how much is going to be and or need to be spent on the rec. property.
Realistically...How much do you see using this property. Depending on the planned use...is buying a cabin or land worth the investment. (I believe that all Real Estate is a good investment, especially right NOW!) If you buy a lake home and use it 4 or 5 weekends, would have been better off Renting a cabin.
There are many more issues to think about, but if you can get by these...you will have a better view of How, What, When and who.
Questions...E-Mail me for some very Truthful answers!
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