Any advice on buying land?

[Silound]

Originally Posted by Chainsaw13

Don't forget to check on who will own the mineral rights.

Quoted for the truth!

Tons of people are signing away mineral and exploration rights to their land on a 50 year lease and not thinking about the long term ramifications. It sucks when you sell those rights for a fraction of what they're worth in 20 years. It sucks even more when a survey team shows up and tells you to get the heck out because you're on top of a few barrels of oil or natural gas that they want to drill for...right in your living room.