It is time to start thinking of buying hunting land
Bill Feela has written an informative blog that should make every person buying property with another party to sit up and listen.
Bill points out many of the issues that dampens the glamor of dual or partnership ownership.
If you are thinking of purchasing this way, Bill is the guy to see.
If he can't answer all the questions...then I know he will know who to talk to.
Yes, I know that you can not see 5 feet in front of you in good hunting woods, but there is a lot of work to be done before you set foot in the forest.
Take these into consideration.
How are you going to pay for this purchase?
Loan, cash, C4Deed
How much can you afford?
What area are you planning to hunt.?
What type of game are you after?
Are you buying this alone?
If you have a partner, how do yo go into title.
What if one party wants to sell or needs to.
Is there a time period that the other owner(s) have to buy you out?
How do you determine value?
Can one party sell to a stranger without or with approval of the other party(S)
Who is hunting this land?
If owned by multiple owners how do you decide who hunts and where and if new hunters can be brought in to hunt also.
What kind of shelter(S) will be needed or allowed and where will they be located.
Will there be restrictions on the size and sex of game
How do you handle the property expenses...Money set aside for taxes up front?
These are just a few issues to think about when buying the property. Many people think that buying with a good friend or relative is a great idea, but there can be a lot of issues when doing so. Plan well!
There are many more issues to think about...How ethical it that other party...could cause issue with the law for you.
Not everyone understands the real issues...call me and let me help...I will also give you a few ideas of current listing I would consider!
And Remember...North Branch, Minnesota has some great hunting to offer.
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