Re: land decision

Posted by Mark - IN. on April 17, 2005 at 20:40:11 from (152.163.101.7):

In Reply to: land decision posted by billyiron on April 17, 2005 at 09:52:04:

There's been a small ten acre corner down the road across from my field that's been for sale for at least the past couple of years, and today the guy who owns it sees me out and asks if I'm interested in picking it up. I asked how much. He said $150K. $15,000 per acre for farm land miles from town, surrounded by farms? I told him not to hold it for me. I was being nice. First thing went through my mind was that maybe if took a few more toots off of his crack pipe he'd smoke himself straight, but I was nice. He'll be sittin on it until one or both of us die for that price. I've seen as low as $3K per acre, high as $7K per acre for tillable, depending on the size.

Had a buddy in Darien, IL. that paid $90K for 3/4 acre and another $300K to have a house built on it in a posh subdivision back in '86, and he had the "poor" house in the neighborhood with two Honda Civics in the driveway. Last I heard was appraised at over a $million a few years ago. His big plan was to starve a few years, sell it, and pay cash for a smaller retirement place for him and his wife. Hope it pays off, looks like it will or did.

Mark

Follow Ups:

Post a Followup Name: E-Mail: Subject: Comments: Optional Link URL: Link Title: Optional Image URL: Email Notification: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]