buying land, other state?

[at1010]

I recently saw a farm for sale in Iowa and it got me thinking.

1. would you ever consider buying a farm in another state?

My personal opinion would be that it could be fun to do with a good friend or family member. Go once in the spring/summer to plant food plots, hang stands, etc. Then go 1 or 2 times during the season to hunt.

Be a great place to have if you were retired!! haha

 

[hickslawns]

Yes. It would have to be closer than Iowa. That is just me though. Thought has crossed my mind often.

 

[Big_Holla]

We did, 6 1/2 hour drive from home to ours there in Ohio. There are many times throughout the year when we wish it were a lot closer so we would use it more often. Never enough time on a quick weekend to get decent projects done. Definitely something if you were retired but then I'd be living there if I were.

 

[Spencie]

It's cheaper to inherit the family farm in WV.

 

[bowhunter1023]

If it was the right land and I could visit the neighborhood to meet the neighbors first, then I'd do it. It would have to be within 6 hours for me though.

 

[giles]

Location, location, location… I have future plans of buying a 100 acre place. It will be within 4 hours of my current home and that will cover other states. Like mentioned, the neighbors will play a major roll also. I don't want to spend my money and time making the perfect place for others to enjoy uninvited. I would prefer to buy here in Ohio though. I don't come from much money and I would like to see my extended family enjoy it also, I fear that NR fee's would play a roll if I bought land in another state. I will not pass up a perfect place out of state though, I already have a mental picture of what it'll have to offer.

 

[at1010]

Yea I often just wonder how I feel about it.

I am very much a hands on type of guy, but with the place in SE Ohio being fairly setup. I feel like I could put my efforts into another place, possibly. hahaha

I was talking to one guy who owned a chunk of ground down in KY. They would just go one time a year to gun hunt. They seemed to love it just to get away. Made me think if that would be a fun option or not. Heck even PA or WV wouldn't be bad as you could rifle hunt deer.

 

[at1010]

Location, location, location… I have future plans of buying a 100 acre place. It will be within 4 hours of my current home and that will cover other states. Like mentioned, the neighbors will play a major roll also. I don't want to spend my money and time making the perfect place for others to enjoy uninvited. I would prefer to buy here in Ohio though. I don't come from much money and I would like to see my extended family enjoy it also, I fear that NR fee's would play a roll if I bought land in another state. I will not pass up a perfect place out of state though, I already have a mental picture of what it'll have to offer.

been there done that buddy! I agree, and I don't regret buying out place for a second. If you are willing to drive, buy the most land you can afford. You won't regret have 150 acres if you wanted 100. hahaha

 

[Hortontoter]

I recently saw a farm for sale in Iowa and it got me thinking.

1. would you ever consider buying a farm in another state?

My personal opinion would be that it could be fun to do with a good friend or family member. Go once in the spring/summer to plant food plots, hang stands, etc. Then go 1 or 2 times during the season to hunt.

Be a great place to have if you were retired!! haha

If you mean buying with a family member or good friend, I would advise against it. I've seen to many families and friends become bitter over situations like this.

When the 10 acres I own was purchased my dad insisted paying 1/4 of the purchase price. The land was deeded in mine and my wifes names. A few months after the purchase my one brother wanted to know how the land would be divided in my dads will. So dad and I sat down and I paid him his 1/4 plus an additional $1500. Shortly after that dad decided he wanted to build a cabin on the property. I agreed and paid all the expenses for the cabin, him and I did the labor. Fast forward to 2011. I leased the land for drilling rights and got a considerable amount for a signing bonus. Being the kind of guy I am I gave my dad 1/4 of the bonus after taxes were paid. Fast forward again to 2015. I started receiving royalty payments and again give my dad 1/4 of this every month.

Point is this could have gotten quite sticky due to family members. Be very careful.

 

[bigten05]

I've thought about Kentucky found a couple places dirt cheap. Just gotta get my wife on board with it.

 

[antiqucycle]

You will never know what goes on when your not around and the neighbors will know where your at from tax records. Do you want dumping trash or an atv race track, or flat out poaching?
Also, you need to educate yourself on taxes, mineral rights, underground coal mines, water quality, and quirky state laws that may hinder your use of property. There is always surprises.

 

[giles]

You will never know what goes on when your not around and the neighbors will know where your at from tax records. Do you want dumping trash or an atv race track, or flat out poaching?
Also, you need to educate yourself on taxes, mineral rights, underground coal mines, water quality, and quirky state laws that may hinder your use of property. There is always surprises.

Why would I dump trash on my neighbors land or disrespect it in any way? Lets not forget meth labs and dead hookers while we are at it either….geez.

The neighbors are going to know exactly where I live because I'd tell them! No need to go inspector gadget on me.

 

[Hortontoter]

I've found my neighbors to be a true asset. We treat each other with respect and help each other any way we can. Knowing someone is keeping an eye on your place when you are not there makes things so much better.

 

[Bigslam51]

I've found my neighbors to be a true asset. We treat each other with respect and help each other any way we can. Knowing someone is keeping an eye on your place when you are not there makes things so much better.

Yep, the neighbors to the east of our land have my number. He's called me before when my buddy was out there hunting because he didn't recognize his vehicle.

 

[Huckleberry Finn]

If you mean buying with a family member or good friend, I would advise against it. I've seen to many families and friends become bitter over situations like this.

When the 10 acres I own was purchased my dad insisted paying 1/4 of the purchase price. The land was deeded in mine and my wifes names. A few months after the purchase my one brother wanted to know how the land would be divided in my dads will. So dad and I sat down and I paid him his 1/4 plus an additional $1500. Shortly after that dad decided he wanted to build a cabin on the property. I agreed and paid all the expenses for the cabin, him and I did the labor. Fast forward to 2011. I leased the land for drilling rights and got a considerable amount for a signing bonus. Being the kind of guy I am I gave my dad 1/4 of the bonus after taxes were paid. Fast forward again to 2015. I started receiving royalty payments and again give my dad 1/4 of this every month.

Point is this could have gotten quite sticky due to family members. Be very careful.

That is sage advice. Thanks for sharing. Real good points made there.

 

["J"]

I've found my neighbors to be a true asset. We treat each other with respect and help each other any way we can. Knowing someone is keeping an eye on your place when you are not there makes things so much better.

This is what all would strive too happen.... Always do a dry run with neighbors, if nothing else just too feel them out to see how they are....

 

[Jackalope]

Why would I dump trash on my neighbors land or disrespect it in any way? Lets not forget meth labs and dead hookers while we are at it either….geez.

The neighbors are going to know exactly where I live because I'd tell them! No need to go inspector gadget on me.

Shocked you wouldn't know better about issues living in southern ohio. Trespassing, poaching, quad riding, trash dumping, mushroom stealing, weed growing, stand stealing, truck mudding, and the list could go on. Especially once they figure out a flat lander owns it.

 

[giles]

Shocked you wouldn't know better about issues living in southern ohio. Trespassing, poaching, quad riding, trash dumping, mushroom stealing, weed growing, stand stealing, truck mudding, and the list could go on. Especially once they figure out a flat lander owns it.

I get the mushroom guys more than anything else. But I just don't see someone junking up their neighbors place. The idiots that do this type of thing don't do it in their backyards, they go to someone else's area. Leasing isn't much different, it's often a property you don't live on. You don't hear people complaining about these issues...

 

[at1010]

well this thread took a totally negative route, so i think Ill just let this one die.

Some guys have a negative post no matter what the topic. Probably shouldn't buy a home, people break into them when your not in them sometimes.

 

[Jackalope]

well this thread took a totally negative route, so i think Ill just let this one die.

Some guys have a negative post no matter what the topic. Probably shouldn't buy a home, people break into them when your not in them sometimes.

A lot of these are the realities of owning a property a distance from where you live. Especially in rural America. It's not all rainbows buddy. The same could be said for a cabin you don't live at. They get broke into all the time. IMO all of these things will be your biggest issue owning such a property.