Land investment strategies

[Kevin McGuire]

Hello PB folks,

I am wondering how folks model purchasing/holding of land. I don't actually want to buy land on its own, I want to buy houses with lots of land but i can't find any that will the rental income doesn't cash flow positive. Since so far I have six townhouses and one apartment based on capex this model won't work for such land focused properties .a capex floor sufficient to cover the mortgage. I'd prefer to own fully detached SFH especially those with a good amount of land since land appreciates but buildings depreciate. However the prices in my preferred locale do not equate to a sufficient rent to cover the cost of money. I figured if I could understand how people model the purchase of land without income I could then model houses with good land value but insufficient rental income.

I am able to financially sustain the purchase of land where there is not cash generated, so this is a pure appreciation play.

Thank for your time,

Kevin