Not that these sites are a secret, but this is just some of the places I look for properties. I won't give them all up, but some of you may not have found these yet. Thought they may help you find your dream property! If anyone has anymore to add feel free! Good Luck!
What are your thoughts on mix of Ag and woods. Is there a preference or a split you like? After the crash in 2008 recreational land declined and allot of guys realized they paid a premium for land they can't get there money out of.
I can't speak for lately, but back a few years you were in for a completely different experience riding around viewing listings. I'm saying He had to replace his truck every year or so from screaming across fields with 5 foot tall grass and not knowing what was in them.
Certainly some of the best fun I've had knowing I wasn't paying for the vehicle when it hit a drainage or abandoned implement.
That is exactly what I did with my farm/home loan many years ago. The local bank held the loan and I could just take the payment out of every paycheck. They even allowed me to add any additional amount to the loan payment, no matter how small. They immediately applied it to the principal.
My 11 year loan was paid off in 3 years.
You can't beat the local banks for service- at least at that time.
When we were building recently.....I got a loan for 2.75% with no other fees. Just short-term (2 years) but it was a mortgage and I was able to deduct the interest costs. After taxes the loan cost was under 2% to me. Yikes.....what I would have done for a rate like that in my youth! I did get some 7% interest money.....but rates got ugly after that.
Big swings in USA economic situations.....and you gotta find a way to be on the "right" side of the swings. Lots of leverage has NOT been my friend. I've had home loans.....but kept biz loans to a minimum. Working hard, just to pay the interest, is not schmart IMO.