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Old 08-09-2011, 08:49 AM   #32
forgop
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Default Re: Any advice on buying land?

Quote:
Originally Posted by elderboy02 View Post
I don't believe so. I am having my cop buddy check around, but he said that if we own the land we don't need licenses. Me, my dad, and my brother will all have our names on the deed to the land
That is correct.

Don't know the soil quality that you have, but cash renting in my neck of the woods for the land I sold almost 2 years ago is in the $250/acre range. Be wary of going strictly a percentage of profit deals.
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