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Beverages and land markets
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Cuffawa Creek
Posted 1/13/2021 20:41 (#8749185 - in reply to #8748031)
Subject: RE: Beverages and land markets


NorthWest Mississippi
I passed on an adjacent property within the last year.I thought the asking price was 2x worth.45% good ground,65% worthless crap to pay taxes on.I have wanted to own it since I was a teenager,just because it joined us.Might have worked at today’s prices but they would not work at prices that were being paid for grain at the time it came up for sale.Investors bought it at $300 less per acre than asking and $700 / acre more than I was willing to pay.I will probably not live long enough to get a chance to buy it again and I do not care.It was not feasible at the time and I am good with that.At this point in my life if it does not cash flow,I am not interested. If I were 30 years younger that may not be the case.
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