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Old 10-14-2018, 06:56 PM   #1
capt1brooks
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Default Buying more land. What to do.

I have 20 acres now. The land on the right of me is another 20 acres. No one goes out there. Been 8 seasons now. The lady was welling to sell a few years ago. But one out five kids said no. Hoping now she will sell. It has power an a small shed. A neighbor told me she could be ready now.
Then on the left of me is a 35 acre track. That I just found out the new owner maybe wanting to sell. It has a well an power. Also a pretty nice trailer , an sheds. One day I want to own all the tracks on my side of the road. Iím just trying to figure out which one to go after. The 20 acres that I think I can get soon. Or the 35 acres thatís a maybe.

So the question is what would yíall do? Sorry for the long read.
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Old 10-14-2018, 06:59 PM   #2
ecallarman
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Buy both.. It's only money
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Old 10-14-2018, 07:07 PM   #3
capt1brooks
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I hope too. But I can buy one now. Then in a few years be able to buy more if able. I have a baby on the way in may. So I’m trying to have it done before that.
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Old 10-14-2018, 07:13 PM   #4
Tall Tex
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I’d buy the 35 acres as it is more land. If the others have not been out there for 8 seasons then a good chance you can get that one at a later time. You won’t have to worry about them going out and hunting it. If someone else bought the 35 acres then there is a good chance it will be hunted by the next owner.
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Old 10-14-2018, 07:14 PM   #5
Skinny
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It it all


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Old 10-14-2018, 07:16 PM   #6
DUKFVR
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Quote:
Originally Posted by Tall Tex View Post
Iíd buy the 35 acres as it is more land. If the others have not been out there for 8 seasons then a good chance you can get that one at a later time. You wonít have to worry about them going out and hunting it. If someone else bought the 35 acres then there is a good chance it will be hunted by the next owner.
This if you can't get both. If they aren't sure & the 20 is available ,snag it & start saving for the 35.
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Old 10-14-2018, 07:18 PM   #7
dhall
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Both
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Old 10-14-2018, 07:19 PM   #8
dhall
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It is not getting any cheaper
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Old 10-14-2018, 07:23 PM   #9
capt1brooks
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That’s true. What I bought my 20arces for almost 8 years ago. It’s has gone up a fair amount.
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Old 10-14-2018, 07:26 PM   #10
AntlerCollector
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Buy both first chance you get. If one sells you may never get another chance to own both
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Old 10-14-2018, 07:30 PM   #11
SmTx
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Buy before it's cut up into 5-10 acre lots and you have a half dozen new neighbors
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Old 10-14-2018, 07:44 PM   #12
MQ32Shooter
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Maybe you could get one or both to owner finance at a fair market rate with minimal down. Like everyone else said, get as much as you can. Especially if it’s contiguous. Good luck
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Old 10-14-2018, 09:20 PM   #13
KactusKiller
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I’d snag the 35 if it’s actually for sale, good chance the 20 will be willing to sell but may not actually go “on the market”. Then you can snag the 20 when your ready
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Old 10-14-2018, 09:42 PM   #14
Atfulldraw
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I'm up to buy anything that touches my land, even if I have to pay a premium for it.


Buy whatever you can, whenever it comes up, or you'll be kicking yourself later.
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Old 10-14-2018, 09:51 PM   #15
jnd1959
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The 35 is bigger and has a well. Are they both facing a road? How are they configured? Is one long and narrow? Does one have more oaks or plantable land than the other? Is one rocky while the other is bottomland? How are the fence and roads on each? Good shape or need work. Subject to the above, buy the one you can get the best deal on and lease the other until you can buy it.

If you think you can afford the second one within a couple of years, buy an option on it to tie it up until your ready. Or have someone purchase it with an option to you for 5 years. There are so many ways to work a deal. Think outside the box. Good luck.

Last edited by jnd1959; 10-14-2018 at 09:54 PM.
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Old 10-14-2018, 09:52 PM   #16
brokeno
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Try to buy it all
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Old 10-14-2018, 09:56 PM   #17
texansfan
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Quote:
Originally Posted by capt1brooks View Post
I have 20 acres now. The land on the right of me is another 20 acres. No one goes out there. Been 8 seasons now. The lady was welling to sell a few years ago. But one out five kids said no. Hoping now she will sell. It has power an a small shed. A neighbor told me she could be ready now.
Then on the left of me is a 35 acre track. That I just found out the new owner maybe wanting to sell. It has a well an power. Also a pretty nice trailer , an sheds. One day I want to own all the tracks on my side of the road. Iím just trying to figure out which one to go after. The 20 acres that I think I can get soon. Or the 35 acres thatís a maybe.

So the question is what would yíall do? Sorry for the long read.
I'm in similar situation
I have 80 acres
My northern boundary is a creek
That neighbor is selling her house and 20 acres for $180k
Neighbor above her has 20 acres that is willing to sell but not listed with a broker for tax appraisal value
Neighbor above them has 30 acres for $100k

So I'm looking at 70 acres for $340k
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Old 10-14-2018, 10:11 PM   #18
BTLowry
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One thing I wish I had done when I was younger, bought more land

Selling for 3-5 times what it was when I was younger around here
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Old 10-14-2018, 10:14 PM   #19
goat_hunter
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Buy the for sure one now, whether it be the 20 acre plot or the 35 JMO
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