Five Reasons why Buying Land in Louisiana Earns Excellent Returns
Are you looking to invest in property or land in Louisiana? If so, you've already made a great decision and what you're about to read is only going to confirm that for you. If you are looking to invest in land and just trying to figure out where the best land investment returns are coming from this year, what you're about to read could help tremendously.
As anyone in land investment knows, the name of the game is ROI, or return on investment. Whether you're looking to let the property accrue value on its own while waiting out the rise in land and timber prices that is currently taking place, or if you want to monetize the land through building or industry, receiving the biggest return on your initial investment is what it's all about.
Here are the five biggest reasons that your ROI is going to be bigger and better when you invest in land in Louisiana. Timberland gives you a great way to make a profit through the simple growth of the timber that is present or the growth of trees you plant.
1. The timberland section of Louisiana is fertile with sandy soils and a warm climate that is conducive to growing pine and hardwood timber. These trees are big money in the timber industry, giving landowners a way to create excellent returns from their land by waiting for it to naturally grow and increase in value. When done properly, cutting some timber off of your land will provide you with an economically feasible way to make some extra income as your asset naturally appreciates in value due to the current upswing of the economy. Sealed bid land sales are a good way to purchase or dispose of property.
2. Farm land provides excellent opportunities for land investors to make a sustainable income off of their land. The farm land in Louisiana gives land owners an excellent way to make a living off the land. Whether you're raising produce or livestock, farm land down here is fertile and versatile, enjoying a very warm and wet climate.
3. Hunting land in Louisiana gives landowners tons of options from an extremely viable industry. Whether you're looking to own your own hunting land or lease it out to hunters looking for a private place to practice their sport, there's no better place now than in Louisiana. Recent repopulation and recovery efforts made by Wildlife and Fisheries have made the state a huge market for big and small game hunting. The price of ammunition and hunting licensing has gone up exhibiting how strong the economy and industry is for hunting. There is plenty of money to be made by buying hunting land in Louisiana, providing an almost guaranteed excellent return on your initial investment. Plus, most hunting expeditions stem from the tourists, meaning that you'll be able to virtually set your own prices and provide your own experiences, offering you yet another way to stand out in the crowd and develop excellent returns on your Louisiana hunting land.
4. Recovering economy provides Louisiana landowners unique situations of economic growth and future protection. It's no secret that the economy is recovering, but what you might not know is that it is doing so at a fast rate in Louisiana. Ever since Katrina, millions of dollars in Federal money has rolled into the state, going towards the overall recovery and betterment of Louisiana. Not only are state officials allocating money to repair and revive the state's economy, but also putting money into programs that will help protect the state against such natural disasters in the future. This means that not only will your returns on land investments in Louisiana be higher, they will be more protected as they grow. That's something you just cannot say about land investments in most other states. Louisiana is unique in this aspect among all other land and property markets around it.
5. Tourist destinations in Louisiana continue to attract and thrive, bringing in business and money to landowners in the state. While New Orleans is still one of the biggest tourist destinations in the United States, its gradual recovery means that it will continue to improve as time goes on. Of course, with a natural disaster like Katrina and the extensive damage done to the gulf in oil spills and otherwise, the tourist population dropped off for a few years. As such, so did the land prices. This means that right now, Louisiana properties and land are lower than in the past, making them ideal for investors to scoop up. Then, as the tourist population continues to increase, until it is back up to normal, investors will find that their land and property values have increased as well.