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Posted: 11/7/2015 11:15:41 AM EDT
Every now and then I browse the Internet for land deals. I often come across land which I imagine is the cheapest you can find in the US right in Nevada. Of course it's nowhere near anything really- or so I imagine. For example, one square mile of land (640 acres) could be had for under $80,000 in Pershing County. Does anyone else view this as a long term investment? Is there something I'm missing?
Link Posted: 11/7/2015 5:34:34 PM EDT
[#1]
No water.
Link Posted: 11/7/2015 7:17:18 PM EDT
[#2]
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No water.
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A well isn't possible in those locations?
Link Posted: 11/7/2015 7:28:08 PM EDT
[#3]
Link Posted: 11/7/2015 8:49:35 PM EDT
[#4]
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...or electric without going solar. When I was in my late 20's I went on a land hunt. I had always lived on a postage stamp in a city and wanted to have a few acres to play with. I bought 5 acres in Rachel and have found one thing I never expected. It is damn near impossible to get anyone to do any work in rural areas. I have damn near had to beg people to take my $100 bills to do simple digging  with a backhoe. The well took forever to find someone competent and the septic too. Rachel has electric so that was one worry I didn't have to have. Everything when owning a big piece of land is expensive...it cost me damn near $1500 to just barb wire 5 acres with a gate...I wouldn't even wanna think what your talking about would cost...it would be out of my range. If I had to do it again I'd probably buy property with everything done...well...septic...electric...fenced but I will admit that's the 46yo me talking...it has been fun going from a piece of bare land to having someplace that is a get away from the city on weekends

Sorry for the run on paragraph...I'm on my phone

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I can sympathize with you. When we first moved to our little 4 acre plot and had to get work done that I didn't have the equipment to do, it was literally like pulling teeth. I would call maybe fifteen people. Three would return my call and one would actually come out to the house- if I was lucky. I've learned to network myself as much as possible and to use friends of friends since they're most reliable and willing to help.
Link Posted: 11/7/2015 11:10:18 PM EDT
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Link Posted: 11/8/2015 8:52:16 AM EDT
[#6]
I have a few acres up on Mt. Charleston and getting people to do work up there is a pain in the ass. I couldn't imagine how tough it'd be out in the middle of no where.
Link Posted: 11/8/2015 11:15:43 AM EDT
[#7]
Link Posted: 11/8/2015 1:49:26 PM EDT
[#8]
It's cheap for suckers. Look at Rye Patch and Golconda those properties we8 sold as primed real estate and look at how many people live there.
Link Posted: 11/9/2015 12:31:22 AM EDT
[#9]
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More info please? Did you buy or inherent it? Is there anything on it like a well?

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I have a few acres up on Mt. Charleston and getting people to do work up there is a pain in the ass. I couldn't imagine how tough it'd be out in the middle of no where.


More info please? Did you buy or inherent it? Is there anything on it like a well?

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I have about two and a half acres about 1/2 way up Kyle Canyon Road off Scottie Ave.  It has power, a well, and an 1800 square foot manufactured home on it. It does have some improvements like corrals etc. We bought the place as a foreclosure a few years ago with the intent of maybe building a house up there but I doubt we will wind up doing that. We just rent the house out now.
Link Posted: 11/16/2015 12:36:53 PM EDT
[#10]
Accessibility is the other issue.  Friend's husband has property from his grandpa.  Takes some off-roading to get to it.  

Also, even a section of land doesn't do much here.  Will be challenging to get a permit for an ag well, especially in PeCo.  Takes a lot of acreage to support stock, without supplemental feed.
Link Posted: 11/16/2015 4:58:26 PM EDT
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Link Posted: 11/16/2015 8:33:45 PM EDT
[#12]
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Not to mention a section of land being landlocked with no county easements....

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Accessibility is the other issue.  Friend's husband has property from his grandpa.  Takes some off-roading to get to it.  




Not to mention a section of land being landlocked with no county easements....

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From the description of many of the allotments for sale, the perimeter of each property is noted as an easement, essentially the early beginning of a county road.
Link Posted: 11/17/2015 12:22:01 AM EDT
[#13]
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From the description of many of the allotments for sale, the perimeter of each property is noted as an easement, essentially the early beginning of a county road.
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Not to mention a section of land being landlocked with no county easements....

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From the description of many of the allotments for sale, the perimeter of each property is noted as an easement, essentially the early beginning of a county road.


In most of those properties the closest thing to a road is likely to be a cow trail, or a game trail.

On the plus side, property taxes are low.  Very low.

I suppose it all hinges on what you intend to do with the property.

Pershing County talks pro-growth, their actions don't always match up.  Oh, and do your research on the county itself.  They do tend to be fiscally responsible, but the commissioners are tightwads and there are a lot of roads that are not county maintained.
Link Posted: 11/17/2015 1:32:21 PM EDT
[#14]
I went up to my house on the mountain  over the weekend and some a-hole stole the propane tank. Another hazard of rural living.
Link Posted: 11/17/2015 2:15:27 PM EDT
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Link Posted: 11/17/2015 3:23:09 PM EDT
[#16]
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I went up to my house on the mountain  over the weekend and some a-hole stole the propane tank. Another hazard of rural living.
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That is one factor holding me back from a second home/vacation home. Too many people feel entitled to things that aren't theirs.
Link Posted: 11/19/2015 12:09:43 AM EDT
[#17]
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That is one factor holding me back from a second home/vacation home. Too many people feel entitled to things that aren't theirs.
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I went up to my house on the mountain  over the weekend and some a-hole stole the propane tank. Another hazard of rural living.

That is one factor holding me back from a second home/vacation home. Too many people feel entitled to things that aren't theirs.

When you live an hour or so from a city with 2 million people you might get some random thieves.  If you lived in Austin you might get more hunters/off roaders looking for directions or advice about where critters are.
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