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Price of land just keeps going
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<blockquote data-quote="Tymurrey" data-source="post: 385269" data-attributes="member: 859"><p>The sweat equity and future vision is where people fail a lot I feel and you won't find land that pays for itself with rent or everyone would be buying it. I always struggled with the high down payment they wanted to purchase land as a kid out of college i didn't have the down payment or the equity to put down. I got lucky in that my dad and grandpa worked hard for the little chunk of land I got but luckily i'm well enough off that i can put some money into making it better. I don't have a good way to water trees but i'm taking advantage of any of the cost share programs for trees i can every year for improving it. The time and effort and money that go into getting trees to grow and thrive is a lot and sacrifices have to be made every year for that. I probably lose 30-40% of the first year plantings and then it goes down every year after that except for the hardwoods and apples it seems. my replacement trees this year alone are 400-500 trees.</p><p></p><p>Another thing i recommend is to not be scared to let people know you are interested in what they have, if they ever do decide to sell you want to make sure you have first chance. Me and my family have gotten burned on that before. I don't take it as disrespect when i get people that want to buy my land from me.</p></blockquote><p></p>
[QUOTE="Tymurrey, post: 385269, member: 859"] The sweat equity and future vision is where people fail a lot I feel and you won't find land that pays for itself with rent or everyone would be buying it. I always struggled with the high down payment they wanted to purchase land as a kid out of college i didn't have the down payment or the equity to put down. I got lucky in that my dad and grandpa worked hard for the little chunk of land I got but luckily i'm well enough off that i can put some money into making it better. I don't have a good way to water trees but i'm taking advantage of any of the cost share programs for trees i can every year for improving it. The time and effort and money that go into getting trees to grow and thrive is a lot and sacrifices have to be made every year for that. I probably lose 30-40% of the first year plantings and then it goes down every year after that except for the hardwoods and apples it seems. my replacement trees this year alone are 400-500 trees. Another thing i recommend is to not be scared to let people know you are interested in what they have, if they ever do decide to sell you want to make sure you have first chance. Me and my family have gotten burned on that before. I don't take it as disrespect when i get people that want to buy my land from me. [/QUOTE]
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