Need help of thought...Future investment in land for Farm/agriculture?

Chicken,

First thing you need to do is go look at the land - then you need to hire a surveyor to assess the land, then an inspector to test the soil to see if it will perk - then either the surveyor or inspector should also bring in (or should know how) to dowse for water if there is none currently on site. No water isnt a good thing
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All of these things are going to cost you a few thousand dollars very easily and are all up front costs - you dont recoup them if your land doesnt perk and if it doesnt perk, its useless land. You'd have to put a contract (contingent of course...make sure you have contingencies based upon ALL of these things) in order to even be able to do any of these things, however the seller should have to by law, already have it perked prior to offering it for sale. However- that being said, it doesnt mean that the entire 5 acres or whatever you're looking at will perk, it may be only 1 acre out of 5 that will perk - so that is where a house or anything else will go for living purposes. I believe, but am not certain, this also applies to any animal stables/barns as well as you will need electricity and running water - so it too must perk. Well, septic, drain field - all very very expensive. As I said just a well that is deep bore is going to cost you around $15-20K - and no hook ups - that doesnt include the septic or drain field required. Then you get into permits - a permit is required for EVERYTHING - if you dont have them.. you cant build or run electric, water, fencing..nothing - not to mention the inspections that are required by law following completion of all projects. OMG - these things can take months to a year sometimes depending on your County Admin!! Headaches galore
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- and permits cost money. If you dont have the right one..they will shut all operations down and start to fine you from the day you violated... and the fines are steep.

Onward and upward - to the land itself. If you buy fully timbered land - and must have it cleared - YEOW!!!! you're looking at again, thousands of dollars to cut the trees - then grade, seed and get an established pasture going. This can take up to a year or more in order to sustain livestock. Timber cutting is usually done seasonally and you're correct, there are laws for what you cut down, you must replace. Have you priced out orchard grass seed required for livestock and whatnot? It too is very very pricey - I have Timothy Orchard Grass on about 1/2 an acre and I love it - and wanted to plant more - however... for a 50 lb bag of seed it runs nearly $100 here in VA - and thats from the Co-Op. Guess what... I put down KY31 instead and that was still costly, but not as costly as orchard grass.
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Love the look but not the price, and I dont even have anything but chickens!

If I were you - I would look into investing in a pre-exisiting property that has the house on it, barn and pasture all ready to go. You will save thousands upon thousands of dollars by doing so and can use those savings to invest in your orchard and fencing for livestock down the road. When I say thousands upon thousands - I'm talking probably 50-70K if not more by buying pre-existing and not starting from scratch.

Keep your dream... but really look around and dont settle. It took us 18 years to get ours, but we finally did. It'll happen, just be smart and savvy
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In this part of the world a lot of people will buy a wooded lot just so they can sell the timber that is on it , but it really depends on what is growing on the land you plan to buy and the size of the trees. It really makes a mess too, because of stumps and roots and such. So that is something else you need to consider - how will you get rid of your trees? how will you get rid of the leftovers ( stumps and brush)? Sorry to point this out , but just wanted to make sure you go into this with your eyes wide open because , like everyone else said , small jobs have a way of turning into big jobs that can get costly. Good luck!

BTW : if the land doesn't have a road expect to pay two or three thousand $ just for a basic gravel driveway. We just bought @ 70 tons and it was over 1000.00 and this was just for maintenance. When you put a new one in it takes a lot more.
 
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thats true... gravel is costly - and if they do tar and chip - even more costly.

I'm assuming too, that you'd be on well and septic - however.... if by chance, they have county water and sewer out that way and there is no road running up to whereever your land would perk - forget the $15-20K price tag - and double that cost for county water and sewer lines. Just to run a line in front of your house on a state maintained road (not hooking up to your house..or running a line TO your house) here will run you around $8-10K (discounted rate even) depending on where you are in VA - and, its not an option. You are required to do it when you build a new house, period. Then you add in the cost to run lines all the way up from the street to whereever your house is..and yep... costly.
 
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If you want to do serious farming or market-gardening on this land, I would strongly urge you to buy already-cleared tillable land and have someone who really knows farmland in that area come look at it with you.

Seriously, there is land and then there is land; there is soil and then there is soil; there is drainage and then there is drainage.

Buy the wrong place -- worse, buy the wrong place *and have to clear it and convert it to arable land*before discovering it's the wrong place -- and you could end up with something not really usable for the purpose you want.

Even with just market-garden crops, not livestock, I honestly think you are running a risk of damage and theft if you do not live on the property. Maybe I am just cynical, but, you know.

Good luck,

Pat
 
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You would really be surprised what you can do with five acres. On our land (@ 6 acres ) we have : 4 xtra large pecan trees
2 xtra large black walnut trees
2 apple trees
1 peach tree
2 or 3 plum trees
1 sweet cherry tree
blackberries, black raspberries , blueberries
6 garden plots in sizes from 16 x 16 to 8 x 24
4 large flower beds for the wife
three stall barn with 1/3 a chicken coop with a fenced run (the
coop part is @ 12 x 40 )
seperate small barn w/lot for bottle feeding calves
heated outdoor brooder for chicks
house, carport and workshop
pond that sits half on my land half on neighbor's

I could list more but my point is with creative land use you can really do a lot with 5 acres. Some people that grew up in the city really don't have a concept of how big an acre is. With all of the above I still have a lot of grass to mow and about two acres my neighbor cuts for hay plus maybe an acre that is wooded. Of course , any ammount of land is a good investment unless you pay too much for it, but really think it through and research it thoroughly because you don't want more than you can take care of. Best of luck!

This is exactly right; in one of the last two Mother Earth News that I have received, there is an article about how this family only had a large LOT and what they grew and harvested on it was amazing. You just have to utilize very carefully what you have and want and where to put it. . .good luck!! I have five acres too, and we fenced off about 3 for our Alpacas, and I still have a ton of room for all the other stuff I want . . .peacocks, chickens, maybe a turkey or two, goats, emus . . .they will be coming too, if I can find them to fit into my budget!!
 
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Oh, you really MUST read You Can Farm. Joel Salatin. DH found it in the local Barnes & Noble. He goes over all this stuff, in great detail, and what can be done with land that is half-wrecked to recover it and build tilth, vs. how much you can manage, various creative ways to manage woodlot, etc.

Neem is tropical, so if you get just one nasty freeze, that's the end of your neem trees. Whether you take a timber crop out of a woodlot, whether you keep it and run livestock in it, whether you want to keep the trees, it's all going to depend on what is there already. Some trees are no good for timber, some are no good for firewood, it just depends.

For livestock, you'll need to have a very good idea of how much pasture and what kind of pasture will be good for the livestock you want. If you've never had those particular critters before, you'll need to talk to as many local farmers who do keep those livestock on pasture as you possibly can. It costs a LOT to feed livestock if you're feeding them from the store. Horses in particular are a real money pit, even on pasture--if all you want to do is ride around your property, donkeys will do as well and not be quite so persnickety, plus they are good guardians.

Agree w/ what others have said, you'll need to live there. It is possible to farm somewhere and live elsewhere, many people do it (I'm thinking of USSR veggie allotments, West Indies islands with inconvenient geography, sheep farms that move large flocks regularly), but the insane amounts of work, theft, trespassers, etc. make it nigh-on impossible.
 
Thank you for the book recomendation that is going to come in handy as that is exactly what I am looking for; a book/manual that can actually give me some suggestions on all that I have to think.
Thank you guys for all the help I really do appreciate it!
 
Thank you soo much everyone for the help you guys have given me. I have been able to go with the book recomendation that Rosalin gave me(thanks for the recomendation that book is awsome) and I am also reading other books as well as Making your Small Farm Profitable by: Ron Macher I started the book today and it sounds great and is making me feel positive in try to have my small type of farm!

I have actually done the research on the land and I found another Five acres closer to me and is soo much better than the other one...
It has an assesible road(which is great!), It is one a dead end road! nice privacy and secrurity! It also has a 75 ft well(is this good or is a deeper depth better?) It sounds clear of trees but still have to visit to see. What is great is that I found out that...
1.It isnt floodable! 2. It isnt any wetland...Very Great! 3. The zoning is Agricultural-No limits on the amount of animal per acreage, etc like other counties I have heard of, that in regulations they can only have a horse or cow per acre which I believe is too much of regulation when the land should be yours to do what you want...even though of course your not going to have 100 cows in one acre.

the thing is that I am really wanting to see how I can get into this investment. I am wanting to go this weekend to see the vacant land and see how it looks. I did want to ask you guys on what I should do in inspecting the land..what should I look out for? What should I double check on? and other things that might not even be on my mind right now.

Also I am really hoping I can be able to get into this investment. I am starting to see what type of loan or "financial help" I can get in purchasing this land...I did want to know your opinions and what you guys think I should do in that part? I am really hoping to get a good monthly interest rate but am still wondering on what type of loan I should get.

Well I appreciate the help guys once again and thank you all once again for it.
 
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Hey! I was wondering what happened with you and your hunt for farmland! So you're going to look at it huh? The only thing I can think of right off is to make sure the land drains good. A lot of FL is so low - you'd want to make sure it wouldn't turn into a swamp if you had several days of rain. As for the well - I would ask around to find out how deep others had to go. 75 sounds shallow to me, but we live in the Appalachian Mtns. so everyone has to go at least 200 or 300 ft. to get a good well. You may want to do a little research on soil types before you go so you can look at the soil and have an idea of how much $$ it would take to ammend it . I guess some types of soil would be really expensive to fix for farming so keep that in mind.

On the loan : do you know if they have a farm credit organization around you? A lot of places have special credit unions you can buy into that are just for farmers. Might be worth checking out. Good luck! I'm glad to see you're still going through with it.
 
Thanks for the information Jlmann if it wasnt becuase of you I wouldnt have found information on those type of credit unions, I am going to contact them by phone tomorrow...I hope they can be able to help me out with a good loan. I really want to have the land available for use for this summer since I will be off more and have more time to dedicate it in planning it and such.

If anyone might have other suggestions or information, I would appreciate the help. thank you.
 

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