Cossayuna Lake Topics: Show me the money

Cossayuna Lake Topics

(Cossayuna Lake Specific)

0 messages

Updated

Off-Topic

Lakes Online Forum

83,662 messages

Updated 6/7/2024 11:28:41 PM

Boat Maintenance

Lakes Online Forum

5,196 messages

Updated 6/5/2024 11:03:19 PM

Cossayuna Lake Fishing

(Cossayuna Lake Specific)

0 messages

Updated

Jokes

Lakes Online Forum

4,169 messages

Updated 4/15/2024 11:05:05 PM

Sports

Lakes Online Forum

4,261 messages

Updated 5/28/2024 6:31:10 AM

Grilling & Recipes

Lakes Online Forum

2,976 messages

Updated 3/20/2024 11:53:43 PM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	MotorMan -
	Subject:	Show me the money
	Date:	5/11/2005 3:01:59 PM

APC leases:

It is very simple. In 60 or so years, your house will be a "tear down" (maybe sooner) and a lot lease holder will have nothing. Southern co (SO) owns APC
I own Southern co. stock and I think this will raise SO stock prices. Now, 95% of SO income comes from electric sales. In 20 years this percentage will fall as land rental incomes raises.

A builder freind bought his lease when it was $100/year. It would now be $3300/year and he might have to sell.

There are some ratty houses for sale around $240,000. Buy one, tear down the house (about $10,000) and build new.

In 20 years\ a Lake Martin lot may be worth a million.
If anyone doubts this, look at Wisconsin's Lake Geneva. 50 years ago a cottage sold for $40,000. now a million

I would only lease land to plant a crop or hunt on.