400K land group buy?

[longbow]

Hi all!

160 acres with springs, small year round stream, hills, possible caves, 50 acres bottom land for crops, hills that are 50 to 70 feet higher than the pasture Various outbuilding, minimal zoning laws, rural area, but not too far from life.

Could this be INGO's survival campground?

They say purchase farmland as a hedge.

Just raising cattle and feed corn should generate 20 to 40 k per year with minimal work. More if we get motivated.

A 500 + yard private range is also possible........

Its 15 miles west of Bloomington IN

 

[tyler34]

ooohhh I'm down, although it sounds a bit like my father in laws property, hmmmm...

 

[longbow]

1/2 mile north of my place - the owner died and the family is selling it

 

[longbow]

400 shares at $1,000 - its only about 200 times larger than my last group buy!

Longbow IPO?

 

[shibumiseeker]

Hi all!

160 acres with springs, small year round stream, hills, possible caves, 50 acres bottom land for crops, hills that are 50 to 70 feet higher than the pasture Various outbuilding, minimal zoning laws, rural area, but not too far from life.

Could this be INGO's survival campground?

They say purchase farmland as a hedge.

Just raising cattle and feed corn should generate 20 to 40 k per year with minimal work. More if we get motivated.

A 500 + yard private range is also possible........

Its 15 miles west of Bloomington IN

You think raising cattle and feed corn is minimal work???

FWIW, while that's not a bad price for the land, it's also the direction development is heading, so in 20 years it may not be as rural as it is now (even if it's in Greene or Owen county).

 

[longbow]

You think raising cattle and feed corn is minimal work???

FWIW, while that's not a bad price for the land, it's also the direction development is heading, so in 20 years it may not be as rural as it is now (even if it's in Greene or Owen county).

We both own land, and understand what minimal is.......

 

[tyler34]

1/2 mile north of my place - the owner died and the family is selling it

gotcha.

 

[shibumiseeker]

We both own land, and understand what minimal is.......

Good point. Probably worth a heads up to the city folks who think they'll spend a few hours on a tractor and spend the rest of the time watching the cattle graze

If I had the cash I'd do it in a heartbeat, owning more karst is in my long term plan.

 

[360]

I would go in on it if it gives me a place to play.

 

[Bigum1969]

I'd be very interested.

 

[garlic_b]

sounds like a great idea. Kinda like a florida time-share only not as crappy.

I have no money, but I'd donate labor for range time. (When I'm in the country!)

 

[aclark]

INGO co-op

 

[Deadly Z Driver]

I would be interested in this I need more info on the details on how it would work as to ownership and rights and what not. please more info wanted.

 

[SavageEagle]

Man I wish I had the money for something like this. If you DID do it, I'll help with labor. I grew up around farmers and cattle owners so I know what you mean by minimal. I'd LOVE to work a place like that. I'd be fun!

 

[ar15junkie]

400 shares at $1,000 - its only about 200 times larger than my last group buy!

Longbow IPO?

Thats .4 acres per share? 2500/acre?

 

[jsharmon7]

I can see the headlines now:

"Gun Zealots Build Compound/Training Center Near Bloomington"

 

[rhart]

Sounds good BUT, I bouoght in to a "hunt club" several years ago. We had about a thousand beautiful acres surrounding Crane Ammo Depot. 32 owners. Almost all woods, a nice clubhouse, a couple underground congrete ammo bunkers. All it took was a few Buttholes to try to strongarm everyone else and made it miserable. I got out. What a shame. Everyone was always fighting or pissed off. My friend even had a guy threaten to shoot him. We all like to think we're tough and say go ahead and try or whatever but, if I just got stressed all the time about it. It wasn[t worth it.
NOT TO SAY THAT IT WOULDNT WORK IF YOU HAD THE RIGHT GUYS AND RULES. BUT SOONER OR LATER, SHAREHOLDERS SELL TO SOME ASS AND THEN IT STARTS GOING DOWN HILL. Just sharing my experience

 

[SavageEagle]

Personally, I'd like to buy land out west or in Alaska just for SHTF purposes. I think that would be a better investment, personally, but I'd love to see something like this unfold.

 

[360]

Is it $400,000 for 160 acres? That's $2500 an acre.

(I used a calculator for that)

That's an acre for the cost of two nice guns. Who is willing to give up two guns to own a place to play?

 

[longbow]

Thats .4 acres per share? 2500/acre?

...you can get more shares, but you have access to it all...... not .4 acres

With 50 people as "residents" we can become a town, start a police force and enjoy country life....