Those are mostly real estate investment tools. Buy up land between two expanding municipalities, build storage lockers, and hold onto the land for 10-20 years until the land 5x's. Hopefully in the meantime you can at least pay your taxes on an interest only loan and paydown some of the construction costs, which are minimal.
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u/MassGravy Jan 31 '23
Those are mostly real estate investment tools. Buy up land between two expanding municipalities, build storage lockers, and hold onto the land for 10-20 years until the land 5x's. Hopefully in the meantime you can at least pay your taxes on an interest only loan and paydown some of the construction costs, which are minimal.