Posts Tagged ‘Acreage for sale’

Wyoming Acreage for Sale

Wyoming acreage for sale became more sought-after due to the inability to build railroad tracks through the 14,000-foot heights of the majestic Colorado Rockies. The Union Pacific Railroad greatly coveted the growing commerce base in Denver, but from that point west, the laying of tracks over the Rockies was too formidable a project. Instead, the Union Pacific decided, in November of 1866, to lay its tracks due west from Cheyenne through unsettled Wyoming.

By 1875, perhaps as many as 350,000 people had traveled across Wyoming by rail, wagon train, stagecoach, horseback and foot. On July 10, 1890, President Benjamin Harrison signed the act making Wyoming the 44th state.

Wyoming is one of the four or five large Western states containing the lowest-priced acreage available in the United States. This alone makes land in the state very desirable to real estate speculators and investors.

Wyoming covers almost 98,000 square miles, stretching 375 miles from east to west and 276 miles from north to south. The 10 states of Connecticut, Delaware, Hawaii, New Jersey, Rhode Island, Vermont, Maryland, Massachusetts, West Virginia and New Hampshire would all fit into Wyoming’s borders with room to spare.

It’s often been said that a few good land investments can equal a lifetime of working for a salary. A person pays income tax, at relatively high rates, on salary received each and every year. On the other hand, if a person buys a tract of land that appreciates every year, no income taxes are due. And when the land is sold, it is taxed at a much lower capital gains rate. Buying a large tract of low-priced Wyoming acreage for sale, holding it for many years, selling out for a large profit and paying a small capital gains tax will beat working for a salary every day of the year!

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Cheap Acreage for Sale Today!

The safest and surest method of investing in land is to simply purchase a tract of cheap acreage for sale, buy it as cheap as possible, and hang on to it for as long as possible. History has proven that it’s literally impossible to lose money with this type of an investment. This approach is all about price and price alone, because the purchase price is the only thing that can guarantee a profit in the future.

There are countless examples of someone acquiring a tract of land with a prime location in a major city, yet ending up losing their entire investment. Why? For a multitude of reasons, including paying too high a price; being unable to secure necessary rezoning; failing to receive adequate financing for development; and the economy crashing at an inopportune time. So obviously, a well-located tract of land is not the primary ingredient for a successful land investment.

Rather, the prime ingredient for a successful land investment is simply a low enough price. As opposed to a prime property located in a major city, consider a tract of acreage miles from nowhere situated in the middle of the “boondocks.” Land like this won’t be ready for development in a hundred years (if then); it won’t have any utilities, municipal water, or maintained roads. However, if this acreage is purchased cheaply enough and held long enough, then a future profit is almost guaranteed!

The proof of this is the historic fact that all cheap acreage for sale 50 years ago will sell today for a considerably higher price that it did back then. Obviously this statement can’t be made regarding the stock market, as countless public companies that existed 50 years ago went out of business and no longer exist. Yet every single acre of land that existed 50 years ago still exists

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