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Joined: Jan 2005
Posts: 38,852
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2005
Posts: 38,852 |
Interesting thread. 20 years ago, I could have bought a section for $600/acre near here. It was fee land, but within the exterior borders of the reservation so there was a discount. I could have made it work but wasn't terribly interested in tying myself to it.
One of my partners recently purchased 40 acres about 20 miles out of town as a potential homesite. With three little kids, I don't know what he was thinking there but its his deal not mine. In any event, the US has paid him to plant a crop, paid him to fence it, paid him to plant trees, and paid him to drill a (dry) well. Not 100% but like 80 and 90% of the costs. He's got checks rolling in from Uncle Sam all the time on a hobby farm. That's where the real money is in land. What can you get them to pay you for?
Finally, land is selling for less here than it did five years ago. Much less. And people find themselves having to divest some of their holdings to maintain their financing as a result. There could be a real correction coming, probably not but its possible. Lots of land about to hit the market, up to the buyers to hold the price up. Tulip bulbs?
Not a real member - just an ordinary guy who appreciates being able to hang around and say something once in awhile.
Happily Trapped In the Past (Thanks, Joe)
Not only a less than minimally educated person, but stupid and out of touch as well.
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Joined: Mar 2009
Posts: 24,616
Campfire Ranger
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Campfire Ranger
Joined: Mar 2009
Posts: 24,616 |
Interesting thread. 20 years ago, I could have bought a section for $600/acre near here. It was fee land, but within the exterior borders of the reservation so there was a discount. I could have made it work but wasn't terribly interested in tying myself to it.
One of my partners recently purchased 40 acres about 20 miles out of town as a potential homesite. With three little kids, I don't know what he was thinking there but its his deal not mine. In any event, the US has paid him to plant a crop, paid him to fence it, paid him to plant trees, and paid him to drill a (dry) well. Not 100% but like 80 and 90% of the costs. He's got checks rolling in from Uncle Sam all the time on a hobby farm. That's where the real money is in land. What can you get them to pay you for?
Finally, land is selling for less here than it did five years ago. Much less. And people find themselves having to divest some of their holdings to maintain their financing as a result. There could be a real correction coming, probably not but its possible. Lots of land about to hit the market, up to the buyers to hold the price up. Did he enroll it in lifetime CRP? Does he have a stream running thru it? EQUIPP maybe? There are landowners around here doing some of the above, but they have to let the public hunt, fish and recreate on it, as it was public money that paid for the "improvements".
Have Dog
Will Travel
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Joined: Nov 2009
Posts: 15,883
Campfire Ranger
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Campfire Ranger
Joined: Nov 2009
Posts: 15,883 |
Interesting thread. 20 years ago, I could have bought a section for $600/acre near here. It was fee land, but within the exterior borders of the reservation so there was a discount. I could have made it work but wasn't terribly interested in tying myself to it.
One of my partners recently purchased 40 acres about 20 miles out of town as a potential homesite. With three little kids, I don't know what he was thinking there but its his deal not mine. In any event, the US has paid him to plant a crop, paid him to fence it, paid him to plant trees, and paid him to drill a (dry) well. Not 100% but like 80 and 90% of the costs. He's got checks rolling in from Uncle Sam all the time on a hobby farm. That's where the real money is in land. What can you get them to pay you for?
Finally, land is selling for less here than it did five years ago. Much less. And people find themselves having to divest some of their holdings to maintain their financing as a result. There could be a real correction coming, probably not but its possible. Lots of land about to hit the market, up to the buyers to hold the price up. Did he enroll it in lifetime CRP? Does he have a stream running thru it? EQUIPP maybe? There are landowners around here doing some of the above, but they have to let the public hunt, fish and recreate on it, as it was public money that paid for the "improvements". There's 60 acres joining me to the south that I'd love to have. If I could figure out a way to get the gov. to pay 80% of it, I'd jump on it. Gonna have to look into this.
Old Turd- Deplorable- Unrepentant Murderer- Domestic Violent Extremist
Just "Campfire Riffraff and Trash"
This will be my last post! Flave 1/3/21
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Joined: Jan 2005
Posts: 38,852
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2005
Posts: 38,852 |
"I'm not greedy; all I want is the land next to mine." 
Not a real member - just an ordinary guy who appreciates being able to hang around and say something once in awhile.
Happily Trapped In the Past (Thanks, Joe)
Not only a less than minimally educated person, but stupid and out of touch as well.
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Joined: Jan 2012
Posts: 6,777
Campfire Tracker
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Campfire Tracker
Joined: Jan 2012
Posts: 6,777 |
Interesting thread. 20 years ago, I could have bought a section for $600/acre near here. It was fee land, but within the exterior borders of the reservation so there was a discount. I could have made it work but wasn't terribly interested in tying myself to it.
One of my partners recently purchased 40 acres about 20 miles out of town as a potential homesite. With three little kids, I don't know what he was thinking there but its his deal not mine. In any event, the US has paid him to plant a crop, paid him to fence it, paid him to plant trees, and paid him to drill a (dry) well. Not 100% but like 80 and 90% of the costs. He's got checks rolling in from Uncle Sam all the time on a hobby farm. That's where the real money is in land. What can you get them to pay you for?
Finally, land is selling for less here than it did five years ago. Much less. And people find themselves having to divest some of their holdings to maintain their financing as a result. There could be a real correction coming, probably not but its possible. Lots of land about to hit the market, up to the buyers to hold the price up. Did he enroll it in lifetime CRP? Does he have a stream running thru it? EQUIPP maybe? There are landowners around here doing some of the above, but they have to let the public hunt, fish and recreate on it, as it was public money that paid for the "improvements". There's 60 acres joining me to the south that I'd love to have. If I could figure out a way to get the gov. to pay 80% of it, I'd jump on it. Gonna have to look into this. Please do and let us know when you find out it is compleat bull chit....there are programs out there but I seriously doubt they pay for fences ,wells and such...
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Joined: Jan 2005
Posts: 22,884
Campfire Ranger
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Campfire Ranger
Joined: Jan 2005
Posts: 22,884 |
They will pay 80% to cross-fence many pastures, I do know that for certain. Then most guys around here just leave the cross-fence gates open and let the cows roam around anyway.
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Joined: Jan 2003
Posts: 2,816
Campfire Regular
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Campfire Regular
Joined: Jan 2003
Posts: 2,816 |
"I'm not greedy; all I want is the land next to mine." No kidding, I suspect much of the opposition to wind farms in this area is that neighbors covet the owner's land and don't want him to have an income stream (from wind turbines) that might allow him to hang onto it.
"Miss Jean Louise, stand up. Your father's passin.'"
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Joined: Jan 2003
Posts: 2,816
Campfire Regular
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Campfire Regular
Joined: Jan 2003
Posts: 2,816 |
Did he enroll it in lifetime CRP?
Does he have a stream running thru it?
EQUIPP maybe?
I don't think CRP, its along the river bluffs but away from the stream, and I have no idea what EQUIPP means.
"Miss Jean Louise, stand up. Your father's passin.'"
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Joined: Aug 2002
Posts: 19,106
Campfire Ranger
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Campfire Ranger
Joined: Aug 2002
Posts: 19,106 |
There's 60 acres joining me to the south that I'd love to have. If I could figure out a way to get the gov. to pay 80% of it, I'd jump on it. Randy, several years back I looked at putting my land into a Quail restoration program, and short term you did not get enough money to pay for putting up the Federal Government. You could put it into one that paid about 70% of the lands value, but it was it that forever. I mean death did not do away with it. You could lease it out for hunting, or hunt it yourself, but you still had to pay taxes and they had all kind of rules about mowing, food plots and such. You leave it to your kids and they are saddled with land with very limited use, except for hunting, and I figure resale would be low priced, as it was still under government control. Or at least that was the way it was explained to me. miles
Look out for number 1, don't step in number 2.
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