Wed, May 01, 2013
The Best Way To Profit From The Fracking Boom
My friend's grandfather dabbled in real estate and land speculation nearly his entire life. He left a substantial amount of farmland to his heirs, but this land never appreciated much, wasn't great for farming and didn't produce any income.
The property taxes grew burdensome for the heirs, and they searched for a buyer. They nearly gave up on dumping the land -- but then a broker from a natural gas company came knocking.