My first cache to place was on property owned by my family. It's been a lot of fun, and a great way to get updated on the weather and current condition of the property. It's up in the mountains, so when there was a lot of snow, not so many cachers! We knew exactly when to head up because people started logging again once the snow had melted. I don't know if I'd put one on my home property, just because of people accidentally going onto neighbors property might get annoying. But if you have a large piece of land and neighbors aren't too close I think it's a great idea!