• Hello, please take a minute to check out our awesome content, contributed by the wonderful members of our community. We hope you'll add your own thoughts and opinions by making a free account!

Living Wage

My 1st real job after college I worked with land Acquisitions. I was able to take some good advise from some smart people about what to buy and how to determine what properties are good buys. Land is gold these days.
I gotcha a lot of peoples fortunes have been made with land at least where I’m from. One of my dads friends was a big time buyer and seller of land back in the early 2000s. He made it really on his first purchase the trees payed for the cost of the land so when they sold the land they made double what they had payed for it. I’ve mainly been interested in real estate like section 8 houses but I don’t have the money for that yet so I’ve been sticking with long term stock investments
 
.
I gotcha a lot of peoples fortunes have been made with land at least where I’m from. One of my dads friends was a big time buyer and seller of land back in the early 2000s. He made it really on his first purchase the trees payed for the cost of the land so when they sold the land they made double what they had payed for it. I’ve mainly been interested in real estate like section 8 houses but I don’t have the money for that yet so I’ve been sticking with long term stock investments
We have a lumber farm down towards you in Lexsy Ga. South Georgia is primed to explode with new builds in the next 50 years. I would also look at the Panhandle of Florida. Right after hurricane Michael hit, the investors swarmed the area and bought up everything they could pennies on the dollar because most people where under water and couldn’t afford to rebuild. You still have tons of areas near Mexico beach East to App Bay. Just 1 care in Mexico beach is around 80k. You can build a 4/2 for around $90 sqft and sell it for $350k- 500k depending on the location of course. It’s closer to $115 sqft beach side. Straight crazy ?.
 
.

We have a lumber farm down towards you in Lexsy Ga. South Georgia is primed to explode with new builds in the next 50 years. I would also look at the Panhandle of Florida. Right after hurricane Michael hit, the investors swarmed the area and bought up everything they could pennies on the dollar because most people where under water and couldn’t afford to rebuild. You still have tons of areas near Mexico beach East to App Bay. Just 1 care in Mexico beach is around 80k. You can build a 4/2 for around $90 sqft and sell it for $350k- 500k depending on the location of course. It’s closer to $115 sqft beach side. Straight crazy ?.
That's horrible. I love money but I love my nature better, its why I don't get terribly disappointed when I see hurricanes sweep away beachside houses. Should have never been there in the first place, too ecologically sensitive of an area. Especially considering these are the second homes or first homes of well-off folks anyways. That's just excess, excess at the cost of our nature! I'm fine with excess if you can afford it since limiting it requires government intervention, however excess at the cost of our beaches? Nope! Look at our beautiful OBX and the money they spend just to keep them existing since they built on them, Miami Beach, VA Beach, New Orleans ( under sea level now), the Netherlands, etc. Look at Florida! Its an ecological disaster!
 
That's horrible. I love money but I love my nature better, its why I don't get terribly disappointed when I see hurricanes sweep away beachside houses. Should have never been there in the first place, too ecologically sensitive of an area. Especially considering these are the second homes or first homes of well-off folks anyways. That's just excess, excess at the cost of our nature! I'm fine with excess if you can afford it since limiting it requires government intervention, however excess at the cost of our beaches? Nope! Look at our beautiful OBX and the money they spend just to keep them existing since they built on them, Miami Beach, VA Beach, New Orleans ( under see level now), the Netherlands, etc.
As they say if you build it they will come. If you don’t someone else will.
 
As they say if you build it they will come. If you don’t someone else will.
I'm personally afraid of the future of our region. Kind of developments across the south are unsustainable, only funded by municipal debt and continued growth. Once the growth dries, the debt will keep piling, and cities across the south won't afford to keep the water on. We will look like Detroit by the time I'm 60.
 
Last edited:
From the perspective of a old small business owner. I’m not smart like a lot of you guys but I have been blessed to have made 2200 weekly payrolls. Recently I have been trying to hire a entry level employee. Offering $ 13.00 hour to start with benefits no experience required I get very few responses. So in my business like many others the federal minimum wage is irrelevant as we have difficulty finding employees at double the legal minimum wage. And I will add I am located in central Alabama not a area of a high cost of living.
Bingo! And, was the purpose of my last post.
 
I'm personally afraid of the future of our region. Kind of developments across the south are unsustainable, only funded by municipal debt and continued growth. Once the growth dries, the debt will keep piling, and cities across the south won't afford to keep the water on. We will look by Detroit by the time I'm 60.

If any region can make it, it’s the SE. we are not slowing down anytime soon.
 
If any region can make it, it’s the SE. we are not slowing down anytime soon.
People are becoming less and less inclined to pack up and move across the country, the population is aging, immigration to the US is slowing, birth rates continue to drop. We will peak in the next 2 decades. The Titanic was once considered to be unsinkable as well! The 2008 recession brought parts of the southeast down to its knees and that's nothing compared to the mounting challenges to our growth. Not too mention the wrench the increase in remote workers brings, it can both benefit and harm us.
 
.

We have a lumber farm down towards you in Lexsy Ga. South Georgia is primed to explode with new builds in the next 50 years. I would also look at the Panhandle of Florida. Right after hurricane Michael hit, the investors swarmed the area and bought up everything they could pennies on the dollar because most people where under water and couldn’t afford to rebuild. You still have tons of areas near Mexico beach East to App Bay. Just 1 care in Mexico beach is around 80k. You can build a 4/2 for around $90 sqft and sell it for $350k- 500k depending on the location of course. It’s closer to $115 sqft beach side. Straight crazy ?.
I wouldn’t have thought South Georgia really had much of a future growth wise since they’ve really stagnated over the past ten years. I remember right after Michael hit they were already talking about the investors going in buying up properties. It seems kinda cut throat but I guess that’s how things work.
 
I wouldn’t have thought South Georgia really had much of a future growth wise since they’ve really stagnated over the past ten years. I remember right after Michael hit they were already talking about the investors going in buying up properties. It seems kinda cut throat but I guess that’s how things work.
The key to growing South Georgia is passing legal gambling in Georgia. If that can pass you will see a boom along the Georgia coast.
 
The key to growing South Georgia is passing legal gambling in Georgia. If that can pass you will see a boom along the Georgia coast.
This past year I think they’d tried to pass a horse racing bill that would’ve brought in the first legalized gambling to the state but it was shot down. I may have to check some land out around the coast. I couldn’t buy it right now but I graduate next year so I should start to have a little savings to use.
 
I’m not advocating for handouts?? Wage is earned not given.

Then they need to earn their $15 /hr wage. Not just get it mandated to them from the Gov't, like a lot of us here did.

I grew up on Food stamps in a single mother household with 3 other siblings. I had to work to through high school and in college I worked closing every weekend. It sucked, but it was good money. I joined the National Guard and went overseas to get the GI bill kicker to be able to financially make it through college. The best part is, I never finished college. I got an internship with a company 700 miles away running virus scans on computers. Worked my @$$ off staying late, coming in early, working weekends, and volunteering for everything and made myself so invaluable that when the internship was up, they didn't want to lose me and offered me a job at $13 /hr or $27,000 a year. Did that for the next 12 years and now i'm $70K a year. 70k a year and never graduated college, never went to a trade school, just started in an entry level position and worked and worked and worked. If someone wants to earn more than they need to get out there and go earn it.

There is a Latin saying "Non Palma Sine Pulvere" that I live by. Even have it tattooed on my leg. Its literal translation is "No Palms without dust." The meaning is that you won't get dates off the palms without stirring up the dust from your work in the field. The euphamism is "No reward (fruit of the tree) without Effort (Dust in the field)" You need to work for what you want.
 
This past year I think they’d tried to pass a horse racing bill that would’ve brought in the first legalized gambling to the state but it was shot down. I may have to check some land out around the coast. I couldn’t buy it right now but I graduate next year so I should start to have a little savings to use.
No horse racing!
 
You mean no betting on horse races or no racing horses? You know the horses love to run, right? The are bred to love it! They actually suffer when they can't run.
And when they are not fast enough they often end up slaughtered.
Ferdinand who won the Kentucky Derby was killed for meat.
 
Last edited:
Back
Top