Put it in on a few pad sites in front of just about any Wally World and re sell to Chilis, Mickey d's and such. Get them to take you hunting.
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If you had an extra $1,000,000 laying around
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Originally posted by Chance Love View PostGotta watch for anthrax in some areas mentioned here. I think your best bet would be to sign on with a realtor that KNOWS hunting land. One that is good at sniffing out the right property. One who works for a site sponsor. They are super hard to find though...
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Originally posted by Chance Love View PostGotta watch for anthrax in some areas mentioned here. I think your best bet would be to sign on with a realtor that KNOWS hunting land. One that is good at sniffing out the right property. One who works for a site sponsor. They are super hard to find though...
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My old boss just sold his place to my new boss 200 ac ...2 wells..one wellto keep stock tank full 5 total watering stations....3 food plots 1 ac plus with rocks picked up....all deer blinds...tractor and 6 implements.....shop and all tools....walkin cooler and full meat processing setup.....house with new central ac....car port......no cattle on place for 10 yrs....protein fed for past 10 yrs along with alafala and corn.....good road in place and paved county road in front of place......was at one and half million but was dropped to $970,000.00.....And you get me to work it like I have been doing for past 8 yrs....7 miles west of Rio Medina and 5 miles south of Medina Lake.....Andy
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Originally posted by Tony Pic View PostI just bought 6.5ac in Harper. That is what I did with my 1000's
The Hill Country has the largest population of free ranging exotics in the USA. Great place to own land. I know of a large 400+ac parcel in Kerrville/Harper area that might be for sale. I think it is the BarNuthin ranch on Klien Branch Road. You might even have some dough left over to build me a guest house for tipping you off to this great land find
Cannot wait to retire there.
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Personally, I would invest it in an annuity and take the profit each year and go on an annual dream hunt. Assuming no profits are made and you spend $20k per year (and that's pretty high), it would take 50 years to spend it all, plus you can hunt multiple species from anywhere in the world. That way you don't have to work on the land, fill feeders, fight poachers, etc., etc., etc.
That's what I would do. Oh yes, one more thing...please take me with you just once for this great idea.
Doug Key
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Originally posted by thomason View PostI would pay off my home in town for the wife and then save/invest the rest and wait until the inflation hits everyone at 15%. My believe is that with all the inflated land prices and inflation of 15% hits our economy like in the 1980's - land prices will go down per acre for those who are hurting and need to sell their land. I am just saving my money and paying a small amount to lease right now. Some day I will own my own place!
if you believed that 15% inflation was right around the corner then the last thing you should do is spend cash to retire fixed rate debt. do you remember what interest rates did in the 80s? why in the world if you believed in 15% inflation would you pay off debt fixed at today's rates?
if you see 15% inflation, then you wouldn't pay off your house in town, instead you'd use whatever cash you had now and leverage yourself to the freaking gills and buy as much real estate as possible.
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