Should You Still Buy a Farm Right Now? Neil Hauger

From The Land Podcast - The Pursuit of Land Ownership and Investing Jake Hofer

Join me in another exciting conversation with a Land Specialist, Neil Hauger. In this episode, we discuss what he's currently seeing in the market, his most recent project, and if you should consider buying a farm. Neil BUYs-MANAGEs- and SELLs American Land! As a Land Specialist with Whitetail Properties Real Estate, he spends a lot of time outdoors walking and assessing some of the most beautiful lands in Western Wisconsin. Neil has been fortunate to own two farms so far in his life. He bought his first farm by total happenstance. He had no idea what he was doing. But, with luck and a plan, he tripled his money in 10 years! Additionally, Neil recently bought the second farm with a great tax strategy called a 1031 exchange. He also rents that farm on vacation rental sites such as VRBO. If you enjoy investing in land, managing land, and eventually selling land for a profit, then you will want to stay tuned in! During this episode, you will learn about; [00:01] Episode intro and pre-show talk [02:42] Meet and greet Neil Hauger [04:37] What Neil is currently seeing in the market [06:04] Neil’s career progression [08:45] Lessons Neil learned through his careers that pointed a direction to real estate [12:31] The real estate season we are in [20:05] What you need to know about the trends in real estate market [29:09] Getting over the fear of purchasing a real estate property [37:43] Neil’s most recent project [52:44] How Neil often does his deals in a year [54:46] The input of Neil’s wife in deal-making [01:00:19] Auctions coming up at the end of this year [01:02:10] Golden nuggets about land buying from the guest [01:02:21] How you can reach out and connect with Neil Hauger Notable Quotes Get close to the center of influence of your specialization. Nothing is better in real estate than having a pocket buyer. Do not rush to close deals. Invest in what you know. There will always be another deal. https://linktr.ee/TheLandPodcast https://linktr.ee/exodustrailcamera https://bit.ly/TheDeerGearPodcast