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What's the easiest way to buy land?
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<blockquote data-quote="marksmu" data-source="post: 746527" data-attributes="member: 9219"><p>As someone who has been searching out land in my area for 3+ years non stop, I can say its almost impossible to get minerals these days. Most places just dont even offer them. Half the sellers dont even own them. I will say that they are almost always happy to give up the executive rights if they have them though, especially on a partial sale of a large tract. Several years back we bought 768 acres, all with known reserves...seller was selling 1000 acres, but would not sell minerals. We ended up with 768 and the executive right on all of our portion. Now if they want to produce, they have to do it on his 232ac portion.</p><p></p><p>If you can get minerals pounce on it...We get good money just for exploration contracts that take 1 week or less. Also be aware of pipelines....we have made an absolute killing on pipelines. We had 3 already on our property, and 3 more are coming through in the next couple years....they pay a huge sum of money to lay them across your property. We received an absolutely disproportionately huge sum of money for the pipelines. With the geologic survey, and the 3 pipelines, the property is owned free and clear with profit....it was an unexpected thing, but it has been incredible.</p></blockquote><p></p>
[QUOTE="marksmu, post: 746527, member: 9219"] As someone who has been searching out land in my area for 3+ years non stop, I can say its almost impossible to get minerals these days. Most places just dont even offer them. Half the sellers dont even own them. I will say that they are almost always happy to give up the executive rights if they have them though, especially on a partial sale of a large tract. Several years back we bought 768 acres, all with known reserves...seller was selling 1000 acres, but would not sell minerals. We ended up with 768 and the executive right on all of our portion. Now if they want to produce, they have to do it on his 232ac portion. If you can get minerals pounce on it...We get good money just for exploration contracts that take 1 week or less. Also be aware of pipelines....we have made an absolute killing on pipelines. We had 3 already on our property, and 3 more are coming through in the next couple years....they pay a huge sum of money to lay them across your property. We received an absolutely disproportionately huge sum of money for the pipelines. With the geologic survey, and the 3 pipelines, the property is owned free and clear with profit....it was an unexpected thing, but it has been incredible. [/QUOTE]
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What's the easiest way to buy land?
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