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Poor side of Reno | 1. Start looking now and get connected quietly
2. Pile the cash away
3. Study soil maps and drainage
4. Identify and verify property lines
5. Make sure you know about all easements and liabilities and contracts and leases connected to the land
6. Pay the first one off fast
7. Be offensive but set your limits and obey them and don't be afraid to low ball or walk away as appropriate
8. Keep off farm income rolling in as long as it makes sense
9. Have a plan or at least discuss thing with your father. You have a chance to grow the entire pie which helps the entire operation especially if he is on board
10. Start looking now, yes I said it twice
FWIW. Have bought several hundred acres in the last 18 months. Deals are out there, just gotta be patient and look and be ready. The deals never make it to the headline internet chat. The record high ones do. Picked up one piece last year for under 4K and pulled 200 bushel corn and 70 bushel beans off it this year. Just gotta look and be patient | |
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10 things to know before buying farm ground
