Why is this land so cheap?

Link

I know the auction is for the down payment but holly cow... less than $400 an acre?? What are the drawbacks? I would not farm it commercially, maybe just for personal use. I realize there is no electricity or phone but what are the other catches?

Thanks

Phil

We refer to them as "Slow Elk". :>)

Allan

Ever hear the name Flukey Stokes? True story. He was a bad guy from the south side of Chicago. So bad, had his own son killed in the late 70's or early 80's. His son, another bad apple, nick named "Willie The Wimp" had a big mouth, so the old man had him offed, and buried him in a coffin decked out with a Cadillac Seville grill, steering wheel, and propped Willie The Wimp up in it, dressed like a pimp - no joke, can probably still find pictures that appeared in the news papers back then. And, the late Stevie Ray Vaughn even did a song about it called "Willie The Wimp". Anyway, Flukie was a bad character, and had some hot dog stands around Chicago, and gas stations. When he died, the feds came after all of his stuff and properties under RICO. One of the places was an old gas station with leaking tanks that had to be dug up, and the ground cleaned and stuff. Right after the Feds siezed it, the State Of Illinois EPA told them that they were now responsible for cleaning it all up. No way, they gave it back to his widow, and socked her with the bill and cleanup. Is very true. Maybe if you buy that cheap land, will be stuck cleaning up the leaky oil drum that has Jimmy Hoffa in it? LOL.

Mark.

I know is off the subject and all, but... The ol' man sure was mad at him, that's for sure. LOL.

Mark

Look in areas that have high unemployment: no jobs means fewer folks are interested in buying so prices are lower. Other things come into it, but unemployment is part of land price.

You've gotta know the area. There is nothing out there; a cell phone will not even work out across that stretch of moonscape.

$100 an acre would probably be pushing it. It is open range, buffalo grass, bad lands and rattlesnakes. Nothing grows because there is no water and very little topsoil.

But if ya want total solitude, this could be the place for you. :>)

Allan

Boy, this guy is a really piece of work!

He's selling this junk on a balloon setup and would ya get a load of that soap weed infested crap he is selling over in Wyoming!

How does that saying go? Beach front property in Arizona? :>)

Allan

No easements across BLM land; saddle horses or access from the air only.

However, you are welcome to drill a domestic well. There's no water there of course, but ya can sure have the option to drill a well. :>)

This guy has quite a racket going on. Did you look at his feedback? There are people actually buying into this sham.

Allan

I figured as much. There is a lot of that type of land for sale on ebay. Any chance it would ever be worth anything at all??

My wife and I want 20 - 40 acres to retire on when we get older and so we always have our eyes open. The guy that lives across the street from us is retired and he has mentioned that when he goes his kids will sell the place (about 12 acres).

The guy is a fantastic neighbor and a good friend so do not take this the wrong way. I think highly of him. But when the opportunity comes nothing can stop me from buying... :-)

With that said I hope the guy is here for another 50 years!! Great guy!!

Thanks for all of the feedback guys.

Phil

Boy! That's a mouthful!

I had an EGR go south on me one time in Redig, SD. Set there for 12 solid hours waiting on a tow truck.

Another time, got caught in a blizzard further north in Buffalo, SD. Another wintertime vacation dreamland come true!

Folks traveling from Belle Fourché to Bowman, ND travel that 120 mile stretch at 100pmh and their fingers crossed.

There is a reason no one lives out in that area. Absolute desolation. :>)

Allan