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On the Hunt

I'm on the hunt. I spent 6 hours today looking at properties in Huntsville, Eden, Liberty, and Nordic Valley. I've got some cash I need to invest in something other than alternative currency, stocks, and the bank. I used to have a lot of real estate back in the day and then sold it all off, and I'm feeling like the Huntsville area would be a great long term play. It really is an incredible location. You have Pineview Reservoir, Snowbasin, Nordic Valley, and Powder Mountain all right there. And if you want to get to the city, you can do so in less than 30 minutes.

I wasn't sure what I was looking for when I headed up today, but after spending a good chunk of time seeing what is available, I think I know better what I want. I want something I can subdivide into at least 3 lots. Huntsville requires 3 acres minimum to be subdivided so that puts me at a parcel around 10 acres total. If the land comes with a house already on it, that is totally fine so long as I can rent it out to cover it's taxes and mortgage payment. I'd want to at least break even on it so that in 20 years, it is fully paid off. I wouldn't mind a lot with a view that one day I could build on or I could sell to someone else interested in building. I saw a few today up in the Highland area that would be a good fit. The agent I'm working with really thinks I should buy something in the Powder Mountain area. There are only a few privately held lots remaining up there and he's positive it will be a killer investment. I just feel like it's so far off the beaten path, plus I want something situated right in the middle of it all.

He's going to keep his eyes peeled for something that would suit me well. Too soon to tell, but I'm pretty stoked. On the hunt in Huntsville. I like it!


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