vox
Predaceous Stink Bug
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It takes time to find land, time to find a seller at a price, time to find the good stuff, and most important of all - time to learn how to live on it decently, add whatever infrastructure it's missing and a long list of related tasks.
Good thread here, folks. Sorry I'm late to the party. Been a busy holiday season and 2012.
DCF is absolutely dead on here. My experience to a T. I started looking for suitable BOL acreage in mid-2010 after it became apparent to me that we were headed over a cliff.
I started actually _looking_ at property (visiting, touring, investigating tax/demographics/topological/soil types) in January 2011.
Since that time, I've made offers on three parcels of land. Here's what happened:
- Got outbid on the first.
- Couldn't reach an agreement on the second.
- Owner decided not to sell on the third.
I finally found acreage that is a good fit in December and dropped the paper on it mid-month. We close sometime next week.
That's a full year of investigation, visitation, dealing, back-and-forth, blah, blah, blah...and I was persistent. Didn't fart around on this.
Let me tell you, this is not like buying a car or a house in the 'burbs. There are so many factors involved and things to consider for each individual offering. You have to understand not only the property you want to purchase but also take in to consideration the surrounding properties and what they have and how it impacts your location. For example, there was a nice 50 acre tract that I was looking at. Had everything I was looking for in terms of location and accessibility, water well, good soil...seemed like a bargain too for the price. So I get to investigating and using Google Maps found a Texas Department of Corrections holding facility 1/4 mile to the north. Complete with concertina wire, flood lights, etc. Believe me, that wasn't part of the property description flyer.
Anyhow, my point here is that in order to find the right acreage, you gotta do your homework and it takes a lot of homework - at least for me it did.