Avoid These Common Land Buying Mistakes! - Pat Porter

Insights on Buying your First Piece of Property with Pat Porter Hunting can be a great way to get outdoors, spend time with friends and family, and experience the beauty of nature. But if you’re going to hunt on your own land, it’s important to make sure you buy the right parcel for your needs. Starting out small is always a good idea; by doing so, you’ll have the chance to learn from your experiences as you gradually scale up and find larger tracts of hunting land. When making your purchase, consider factors such as cost, location, accessibility, terrain type, and any existing structures or features. With careful planning and research ahead of time, you’ll be able to make the right choice for your next hunting excursion. Join this conversation with Pat Porter, a return guest who walks us through the lessons he has learned from decades of buying and selling hunting land. In this episode, we talk about a wide range of topics, such as why you should start small, financing options, and everything about timber. If you have been looking for the right motivation to pull the trigger and make that purchase, this episode with Pat is packed with the information you need. Now, let’s jump in! Key Highlights from the Show [00:01] Episode intro and pre-show talk [02:44] Meet Pat Porter and know more about what he does [05:04] Why you should always start small in your land buying [07:05] Valuable lessons Pat has learned over the years for first-time land buyers [08:50] Benefits of buying small hunting tracks [14:08] Importance of starting small and using the lessons to scale up [16:52] Learn to walk before you run [19:24] Don’t be afraid to pull the trigger [20:51] Questions you must answer when you see the pricing of a property [22:18] Should you purchase land in a flood zone? [24:16] Navigating the challenges of financing [30:01] Golden nuggets about a seller financing option [31:19] Pat’s insights on small timber projects [34:06] Overview of the timber market across various states that Pat operates [37:26] Pat’s timber management advice for owners of small pieces of land [40:10] Writing letters as a way of finding off-market deals [43:17] Best ways to reach out and connect with Pat Porter [43:49] Ending the show and calls to action Notable Quotes You don’t start buying a 400-acre piece of land unless you have won the lottery. You have to start small and then scale up as you learn. Starting small means buying a good piece of property in the right way. If you choose the seller financing option for a property, have an attorney to represent you. Pat Porter Website: https://www.recland.net/ Instagram: https://www.instagram.com/reclandrealty/ Facebook: https://web.facebook.com/recland/ YouTube: https://www.youtube.com/c/RecLandTalks Connect: https://linktr.ee/TheLandPodcast https://linktr.ee/exodustrailcamera https://bit.ly/TheDeerGearPodcast