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Buy land or wait for lower prices
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Boone & Crockett
Posted 10/15/2021 04:13 (#9269675 - in reply to #9269610)
Subject: RE: Buy land or wait for lower price


Big Ben - 10/14/2021 23:39

Boone & Crockett - 10/14/2021 17:06

Certainly there are always the occasional anomaly, and you for sure found one, if in fact it is a carbon copy of a 320 at your home base and the rental rates are the same at both locations. Next time a tract comes up here in my wheelhouse, I’ll give you a heads up to bring your checkbook and you can go nose to nose and toes to toes with the fellas in my neighborhood, using your analogy, you most certainly ought be able to get a great buy since your 300 miles away. We’ll see if I’m wrong or not.



Of the four of us that have now said there may be a better buy some distance away, none said your neighborhood is a place to look for a better deal. Coup not taking you up on your measuring contest isn’t going to demonstrate if you’re right or wrong.

There do exist places where the neighbors may not be the ones that will pay the most for the ground. This is why realtors also advertise rather than just only drive around knocking on adjacent landowners’ doors. I’ve even heard of a scenario where the seller was so adamant that his neighbors not get his ground that he was willing to sell for less to someone else. It’s a big world of buyers and sellers, and sometimes it’s worth looking beyond what you can see from the cupola.





Yup, it most certainly is. Never said they don’t exist, but to insinuate a tract of land purchase at 25-30% below market value is rather commonplace is just not factual. Those are anamoly deals, pure and simple. And becoming more of an anomaly every day. There aren’t many things I’m absolutely certain of, but one that I am is I could relocate 40 miles in any direction, and still wouldn’t find a soft spot in land values for that location. How many posts have you seen on here of nosebleed sale reports, as opposed to posts on significantly below market value reports? Again, gonna agree to disagree, you ain’t gonna convince me, and I ain’t gonna convince you, So no sense in continuing a pissing match. Have a good day.

Edited by Boone & Crockett 10/15/2021 07:51
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