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hypothetical question...

oaknightshockey1

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Ok assuming this person is you, I would say the first thing you need to do (if we're talking six figures or something close) is hire a financial advisor and/or lawyer.

Be careful.

unfortunately it's not me...being a student severely limits my options as far as getting a whole bunch of money. i was not very specific in my first question...the land would be used for entertainment. hunting, fishing, that sort of thing.
 

Brasky

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Oh yeah? Maybe we should compare graduation rates from schools out west to schools in lincoln and omaha.

That's just a numbers game though.

:wave:

Stick around sir.
 

Fumble_Rooskie

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unfortunately it's not me...being a student severely limits my options as far as getting a whole bunch of money. i was not very specific in my first question...the land would be used for entertainment. hunting, fishing, that sort of thing.

In that case look for land for sale that's in CRP if you can (Conservation Reserve Program)

That way you'll be paid to do little to nothing with the land you own.

Another program akin to CRP in Nebraska was recently passed called the CRP Management Access Program and may or may not limit your ability to allow public access to your land, and that pays you too, although if you enroll I don't think it's on top of the regular CRP money.

I would read as much as you can about CRP and then call some realtors who specialize in selling tracts of land to get your answers.

Aside from finding the best place to hunt (I prefer SE Nebraska coming from Auburn - I'm biased but you can hunt anything you want in that area IMHO) and nail it down to the price. Good luck.
 

oaknightshockey1

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In that case look for land for sale that's in CRP if you can (Conservation Reserve Program)

That way you'll be paid to do little to nothing with the land you own.

Another program akin to CRP in Nebraska was recently passed called the CRP Management Access Program and may or may not limit your ability to allow public access to your land, and that pays you too, although if you enroll I don't think it's on top of the regular CRP money.

I would read as much as you can about CRP and then call some realtors who specialize in selling tracts of land to get your answers.

Aside from finding the best place to hunt (I prefer SE Nebraska coming from Auburn - I'm biased but you can hunt anything you want in that area IMHO) and nail it down to the price. Good luck.

unfortunately i am not actually able to buy any land...but i was curious as to where people thought was the best place for stuff like that. i've never hunted in the southeast, i mainly get out in the northeast. my grandpa lives up there, and i am hoping that someday i can buy some land up there because it's great. i have also hunted some of the CRP land up there, and really like that program.
 

AHFox

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I will say this as a land owner in Nebraska the price is through the roof and at this IMO it's not worth the investment even though interest rates are low. Believe me I've tried to buy more in the same area in Nebraska for farm rental ground and it's went 3 to 4 times what it should be worth.

I live in SD and at one time wanted to buy some land for the same reason. I've done a 180 and place that money in a fund to use and have used for taking hunting trips and other vactions. Plus, I don't have to worry about improvements to the land, trespassers, taxes and I can go on and on. Just my two cents.
 

oaknightshockey1

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yeah, that's what i have been hearing. my grandpa recently bought some property up north and less than a year later he had an offer for twice what he paid for it. i have a feeling he is going to buy something else in that area soon though...he has said many times that he wants to own a good piece of land that he could pass down to us eventually.
 

AHFox

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the scary thing about it all is if the fed doesn't renew the crop insurance program. Farm ground will take a huge hit. I believe there is to many investment banks chasing the next bubble and land may very well be the next bubble.
 

oaknightshockey1

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the farmers are making so much money now...i've heard of people buying $300,000 combines every year so they can use it as a tax write-off. farming would have been great to get into about 40-50 years ago. the price of corn was (i haven't looked recently) through the roof.
 
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