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Is pic related in South Dakota for 200K $ a ripoff? Also should

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Is pic related in South Dakota for 200K $ a ripoff? Also should I buy real estate now or in 5 years?
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>>1427921
if ur going to buy propererty in south dakota , buy farmland.
>>
>>1427937
Why?
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>>1427939
its a better investment.
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>>1427937
im looking for a house in the states, next to mountains n forests, Looking for the best deal for 150-200k, in a conservative state, no nigs
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>>1427942
Are you going to back up your claim?
>>
>>1427944
are you the same annoying delusional faggot from the credit card thread?
>>
>>1427948
oy halp me
>>
>>1427921
How much are comparable homes in that area going for? In my state you can get a house like pic related for $250k - $400k, but maybe in your area you can get a house like pic related for $100k, or maybe they're going for 1.5 million. Who knows. Do research.
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>>1427944
What? No, I assure you.
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>>1427948
Err >>1427953
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>>1427953
http://money.cnn.com/2012/11/27/news/economy/farming/
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>>1427953
http://www.huffingtonpost.ca/brent-preston/small-farmers-canada_b_7107382.html
>>
>>1427957
Thanks man. That article is 4 years old, just saying. Maybe it is still relevant.

What kind of acreage can one purchase for $200k in SD? The article says that big farmers are doing well, but small farmers are struggling.
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>>1427959
Too quick for me eh?
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>>1427962
you dont even have to farm the land.

you can just own it and build your own house on it.american acreage is more valuable than american brick.
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>>1427967
Aren't current prices reflective of that fact?
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>>1427972
it's just like anything else. you gotta be willing to shop around and do due diligence if you want to find a great deal .
>>
Heres my metric, if the potential monthly rent is one percent or more of the price, then it's fine
Thread posts: 19
Thread images: 1


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