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Negotiating w/ Land Owner?


A&N_Hunter

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Wife and I found a gentleman who is looking to lease about 100 acres in town for $3,500. I gave the man a call today and learned that the property is 100 acres, but only 24 acres is huntable (the rest is corn fields). This essentially takes the per acre from $35  to $145 (I’ll get to that in a minute).

The huntabke portion of the property itself (from Google Earth), is completely surrounded by corn fields and looks to have a stream or creek running through it. I’m looking to schedule an appointment to check it out this weekend first hand. I was hoping to get some insight/tips from others who have acquired private land.

- is it typically acceptable to be able to walk the entire property before signing?

- any tips of strategies to try and talk a land owner down in price? $3500 seems a bit steep for 24 acres. It’s only be for the two of us because asking others to share 24 acres doesn’t make any sense..

 

thanks!

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