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Braham MN. | Like anything, its value is what someone is willing to pay.....
Once people stop renting it for top dollar, its rental value will go down.
Here were I'm at, people out of the cities will pay crazy money for swamp and trees. Long skinny 40 next door sold for 110,000. Has 8 tillable acres.....
I can rent land for 30+ years and have same money into it as if I fought the citiots for land and paid as much as they do. | |
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