Archive for April 29, 2007

Country Property Dirt Cheap: How I Found my Piece of Inexpensive Rural Land…Plus my Adventures with a $300 junk tractor. Ralph C. Turner. Fairfield, Iowa: Legalis Publishing Comp., 1996.

This book is an excellent and quick read- I finished it in one day. Although not directly suited to my purpose, the book contains great advice on finding a small acreage (8-12) property in the country.

Most of all the book made me feel even better about our opportunities- as the writer repeatedly commented on how much easier his search would have been if he was looking to buy 40 or more acres of land. Wouldn’t you know it, that is what we are looking to do.

The author has a flowing and folksy writing style, that doesn’t get bogged down with too much technical real estate jargon- and footnotes are provided in the rare instances where technical terms occur. This book is in many ways much more than a book about how to buy property cheap, it is the author’s life story- his dreams and aspirations for a place in the country since his boyhood.

I highly recommend this book for anyone looking to purchase land in the country.

It is easy to dream.  The hard part is making your dreams come true.  One thing that is certain, no dream comes true while you sit on the couch watching Lost- unless your dream is sitting on the couch watching Lost.  So how do we accomplish our dreams and goals?

**Warning: All endeavors should be undergirded with MUCH prayer.  Do not follow the steps below without also taking time to seek God’s will and His assistance.****

I find it easiest to achieve goals when I set up a staging process.  As an example, here is “Steps to Achievement” for the ranch I am looking into purchasing, starting, and running.

Stage 1 (Things that can be done in the first 6 months)

  • Research– Research land purchases (financing, pricing, etc.), ranching, raising livestock (alpacas, goats, sheep), and taking care of horses.
  • Savings– All extra funds are directed toward a savings account set up specifically for the future ranch.
  • Location– Look at regional locations for the ranch.

Stage 2 (Steps that can begin between 6 months and 1 year from this date)

  • Narrow down location to specific area(s) (in conjunction with universities that might offer employment).
  • Move money from savings account to a money market account.
  • Talk with experienced ranchers and farmers.  Ideally with men who started their own establishments.

Stage 3 (Steps that can being between 1 and 3 years from today).

  • Pick top 3 locations, make offers.
  • Start ranch corporation (non-profit?).
  • Look into purchasing necessary livestock.

Stage 4 (Steps that can begin 3 to 5 years from this date).

  • Close on land
  • Finance new home to be built on the property.

As you can see this list is still pretty skeletal.  Over the next few months, as I complete more research, the list will grow and expand.

As you look toward accomplishing your own goals, make your own list.  Learn what must be done to make your dreams a reality.  When you have an outline it is easier to stick to your path.  Following a dream without an outline is like hiking without a compass- you are almost guaranteed to get lost.

Best of luck in pursuing your own dreams.