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Post by duff on Mar 23, 2017 19:01:03 GMT -5
There is 93 acres with house and barn for 400k.
Suited for hunting, hay and timber.
You guys have done better than me. I got my 10 acres with my house. I feel the same as Jack.
Difference I would do is get more!
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Post by throbak on Mar 24, 2017 7:10:30 GMT -5
The thing I would do differently I would have a Home somewhere and my Hunting property would not also be where I lived Close for sure but NOT the same property May I ask why? You need a place to get away and after 32 yr marriage Getting away from home for awhile is missed! we need our alone time I do anyway !
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Post by wesb81219 on Mar 24, 2017 7:35:16 GMT -5
Makes perfect sense I like it!
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Post by lawrencecountyhunter on Mar 24, 2017 7:55:55 GMT -5
When my wife and I were first married, we rented for a year, then bought a used trailer and lived in it for the next 3. I wanted to buy some acreage and move the trailer there, then eventually build after paying off the land. Every lender we talked to though wanted 20-25% down, and it was going to take a few years for us to build up that kind of cash. Long story short, wife wanted out of the trailer so I caved and we bought a little place on the edge of town and put land on the backburner.
After our house is paid off, I'm really thinking about taking out a 401K loan to use as a down payment on some property. Nothing too big, maybe a 100 acre spread. You can still find it around me for around 2k/acre for non-tillable. I know it's not considered sound investment planning, but life flies by too fast to not pursue the things you want.
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Post by wesb81219 on Mar 24, 2017 9:16:46 GMT -5
When my wife and I were first married, we rented for a year, then bought a used trailer and lived in it for the next 3. I wanted to buy some acreage and move the trailer there, then eventually build after paying off the land. Every lender we talked to though wanted 20-25% down, and it was going to take a few years for us to build up that kind of cash. Long story short, wife wanted out of the trailer so I caved and we bought a little place on the edge of town and put land on the backburner. After our house is paid off, I'm really thinking about taking out a 401K loan to use as a down payment on some property. Nothing too big, maybe a 100 acre spread. You can still find it around me for around 2k/acre for non-tillable. I know it's not considered sound investment planning, but life flies by too fast to not pursue the things you want. I couldn't agree more
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Post by tynimiller on Mar 24, 2017 11:21:26 GMT -5
When my wife and I were first married, we rented for a year, then bought a used trailer and lived in it for the next 3. I wanted to buy some acreage and move the trailer there, then eventually build after paying off the land. Every lender we talked to though wanted 20-25% down, and it was going to take a few years for us to build up that kind of cash. Long story short, wife wanted out of the trailer so I caved and we bought a little place on the edge of town and put land on the backburner. After our house is paid off, I'm really thinking about taking out a 401K loan to use as a down payment on some property. Nothing too big, maybe a 100 acre spread. You can still find it around me for around 2k/acre for non-tillable. I know it's not considered sound investment planning, but life flies by too fast to not pursue the things you want. To be completely honest...if I could choose any size property I am not sure I would want more than 100, so good deal. However, people ask me what I thik is a solid size and I've always shared some of the best properties I've seen sculpted over time are in that 40-60 acre range. In a perfect world I hope to turn my 22...into around 40 down the road.
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Post by 76chevy on Mar 24, 2017 11:30:01 GMT -5
suppose it really depends how many people or family members you allow to hunt it. 40 acres for 2 guys who also hunt some other property to rest it sounds about right.
Have thought about buying close to good public land also so I have some options to rest the property and be able to hunt fresh spots which have seen minimal/no pressure that season
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Post by throbak on Mar 24, 2017 11:30:22 GMT -5
I thought a hundred was plenty till I had hunted and owned a hundred for a few years it wasent enough Farm now is 125 , ( Not enough ) the ground I Hunt next to me with my 124 anouther 125 and 70 That buys up to me Pluss anouther 10 that I share a line with woul be nice for a total of 330 acres,,That would be ok !! but for sure 100 is not enough IMO
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Post by davers on Mar 24, 2017 11:41:00 GMT -5
I thought a hundred was plenty till I had hunted and owned a hundred for a few years it wasent enough Farm now is 125 , ( Not enough ) the ground I Hunt next to me with my 124 another 125 and 70 That buys up to me Pluss anouther 10 that I share a line with would be nice for a total of 330 acres,,That would be ok !! but for sure 100 is not enough IMO Back, when I lived in Southern Indiana; I use to hunt in a large (over 400 acres) crop & cattle farm located near Dogwood Lake F&W Area. In all my years of hunting on that farm I've seen only six Deer; but it was loaded with Squirrels, which I mainly hunted there. Sure miss that woods though. My 83 acres here in Central Kentucky is plenty of land for me.
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Post by swilk on Mar 24, 2017 13:14:23 GMT -5
One Ferrari isnt enough for the billionaire but a man who just wants to go back and forth to work would settle for a Pinto over his current bicycle.
Id love to have thousands of acres but will take what ive got.
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Post by swilk on Mar 24, 2017 13:17:09 GMT -5
Not every acre of ground is equal .... WRP hunts waaaaaay differently than crop, pasture or wooded ground.
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Post by 76chevy on Mar 24, 2017 14:18:27 GMT -5
for sure! Mix of 50/50 or 80/20 cover to fields would be perfect Not every acre of ground is equal .... WRP hunts waaaaaay differently than crop, pasture or wooded ground.
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Post by wesb81219 on Mar 24, 2017 18:01:47 GMT -5
You need a place to get away and after 32 yr marriage Getting away from home for awhile is missed! we need our alone time I do anyway ! Now close to work would be ok so you could go directly from work. So if you couldn't get time off you could still get out there some. No matter what shift you work there is some good hunting time to be had before or after a shift.
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Post by duff on Mar 24, 2017 20:23:36 GMT -5
Land is like pole barns.
Never good or big enough
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Post by davers on Mar 25, 2017 4:45:59 GMT -5
Land is like pole barns. Never good or big enough Depends on the situation and the owners' ability to take care of his/her land. Many times hunting property needs to be modified to be useful to the owner per his/her discretion. Owning too much land can be challenging, so one should be certain if they can handle a certain amount of acreage, and properly manage it for the wildlife species they wish to increase.
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Post by tomthreetoes on Mar 25, 2017 6:07:37 GMT -5
The land is just the first step, next is a tractor then a bush hog. Gotta have a disc, then redo the hydraulics to handle the disc. Now I'm looking for a wheat drill and cultipacker. Almost forgot the dozer rental to put in food plots and water holes. It never ends, but I love it!
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Post by nfalls116 on Mar 25, 2017 6:37:05 GMT -5
You need a place to get away and after 32 yr marriage Getting away from home for awhile is missed! we need our alone time I do anyway ! Now close to work would be ok so you could go directly from work. So if you couldn't get time off you could still get out there some. No matter what shift you work there is some good hunting time to be had before or after a shift. Not if you work 6-6 no good hunting at all
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Post by duff on Mar 25, 2017 7:27:16 GMT -5
Land is like pole barns. Never good or big enough Depends on the situation and the owners' ability to take care of his/her land. Many times hunting property needs to be modified to be useful to the owner per his/her discretion. Owning too much land can be challenging, so one should be certain if they can handle a certain amount of acreage, and properly manage it for the wildlife species they wish to increase. Meh...it ain't farming. Sometimes less is more when it comes to manicuring the property. Sell some timber and that will get trails cut and you make some cash.
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Post by davers on Mar 25, 2017 7:42:08 GMT -5
Depends on the situation and the owners' ability to take care of his/her land. Many times hunting property needs to be modified to be useful to the owner per his/her discretion. Owning too much land can be challenging, so one should be certain if they can handle a certain amount of acreage, and properly manage it for the wildlife species they wish to increase. Meh...it ain't farming. Sometimes less is more when it comes to manicuring the property.
Sell some timber and that will get trails cut and you make some cash.I'll agree with you on what you posted, Duff. No it isn't general farming, however one must achieve a certain degree of prudent management, regardless of what it is used for. If one plants food plots, they must be maintained yearly to insure their effectiveness for providing food for wildlife. As for trails, I have several trails running through my woods. Very handy when you have a hunting stand deep in the woods. The land that I currently own was "timbered" over 15 years ago, and I still maintain the paths/trails running through my woods. Also have my two fields cut every year to avoid having Pine trees and others from getting a hold and growing into a thick useless area in which to use.
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Post by featherduster on Mar 25, 2017 7:44:11 GMT -5
There are lots of factors that need to be considered before you purchase land such as. 1.price 2.taxes 3.can I build on it. 4.how close are utilities if not how much would it cost to bring them to a proposed building site. 5. neighbors how do they use their property. If your going to buy land buy something you and you family can enjoy year round,live there and make it your home. Make sure your neighbors are good neighbors someone you could spend the rest of your life living near. The hunting thing will happen and you will learn how to improve it over time. I would look for a piece of property that offers more than one huntable species of animal,a property that has a pond or could have one with a little effort. Don't depend on WRP or CRP because the rules have been changing and it's been getting harder to enroll land,you could put it into Indiana protected habitat and it will be almost tax free. Most of all make sure your wife is totally 100% on board with this idea I say this because I know of someone who bought land only to lose it a few short years later during a divorce. Start researching and doing your homework,don't be in a hurry,work at this because this could be a forever thing and you want to make sure you get it right the first time.
I purchased my 18 acres of land at a public auction, I knew what the taxes were and how much utilities were going to cost,I knew what game and fish existed on the property and I knew how my neighbors used their property. I was divorced at the time and the women I met afterwards totally enjoyed the idea of having a property to enjoy the four seasons on, that was 18 years ago and we have enjoyed everyday since. I was able to enroll 8 acres into WRP and the money I was paid was better than half the cost of my total purchase price. I have 15 acres in the Indiana protected habitat so my taxes are something like $12.00 total a year on that 15. I am currently in the process of purchasing an additional 4 acres which is all wooded and will make I nice addition to our little KING ranch. Buying land is always a good investment but do your homework first,don't act on impulse.
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