ye its common means you just pay for the land and than you spend maybe 300-400k to build new house.
Own:2003 Aurora 4.0 3rd Owner! All options 130k Had: 1998GX 168,000 Intrigue-RIP total loss. 1999 Intrigue GLS 215,000 mil-Trade it in for Aurora 2001 Aurora 4.0 2nd owner! miles 22,000~170,700- Sold 2018 Volvo s90 Inscription.
When it comes to investments, I prefer only those that are 100% safe, such as US treasury bonds and notes, or bank CDs. Real estate investments never appealed to me because there's no guarantee that the property will appreciate. To me, that type of investment is sort of unpredictable.