Lake Martin Topics: Alabama Power Leases

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	Name:	Osms -
	Subject:	Alabama Power Leases
	Date:	1/25/2006 12:21:05 AM

With lots in the $350-500K range, you have to look at something like a lease. Costs of owning a 500K lot probably would be $35 to 40K per year. Leasing a lot (equal or more desirable property) will cost about $5K/year--and your property taxes on the land is paid by APCO (you pay taxes for the improvements). Yes, your property values will increase as owned property increases--because more people can't afford to "own" and become prospects for your property.

Don't understand the post about losing something if you have a fire,etc. You didn't pay for the property to start with so how do you lose--you build back with you insurance coverage or you walk away (not advisable). APCO lots get more attractive every day.

Other messages in this thread:

View Entire Thread

Alabama Power Leases - Island Camper - 1/24/2006 5:04:30 PM

Alabama Power Leases - HappyCamper - 1/24/2006 7:09:04 PM

Alabama Power Leases - JIM - 1/24/2006 7:27:04 PM

Disagree With Newbie - GoneFishin - 1/24/2006 11:53:31 PM

Alabama Power Leases - copperline - 1/24/2006 10:07:59 PM

Alabama Power Leases - Osms - 1/25/2006 12:21:05 AM

Alabama Power Leases - Feb - 1/25/2006 7:37:49 AM

Alabama Power Leases - Osms - 1/25/2006 8:17:30 AM

Alabama Power Leases - PikeSki - 1/25/2006 9:34:38 AM

Excellent analysis - roswellric - 1/25/2006 8:50:05 AM

Alabama Power Leases - TBird - 1/25/2006 9:28:40 AM

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