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Michael Wardlaw UC Hunting Properties knows deer leases
Michael, a true southerner, was born and raised in Mississippi where he developed a passion for the outdoors at an early age. Growing up in and around farming he has a true appreciation for land ownership and the management practices needed to have a fruitful property. Michael Wardlaw UC Hunting Properties knows deer leases
Mr. Wardlaw is a graduate of Mississippi State University with a B.A. in Marketing. His degree coupled with real world experiences as a golf professional, sports journalist, advertising consultant, entrepreneur, and property owner, give him a unique advantage when it comes to marketing your property.
When it comes time to buy or sell your next property Michael is prepared to deliver exceptional service in helping you negotiate the best possible deal for you and your family.
you need to realize that you need to have fun with the process
To start off, you need to realize that you need to have fun with the process. When you’re looking for a recreational property, whether it’s to hunt, or fish, or take your kid camping, or all of the above, you need to realize this isn’t buying your house. When you buy your home that you live in and you spend every day there, that can be a stressful process because it’s a lot of money. You’re going to be there all the time. You don’t want to make the wrong decision. It can be stressful. Michael Wardlaw UC Hunting Properties knows deer leases
Well with recreational ground, you’re doing it because you want to, not because you have to. So first and foremost, keep the process fun. Don’t get stressed out about it. It’s supposed to be fun. And let that guide you in the process. If it becomes not fun, then postpone the search for a little while, till you’re in a better place, or it just feels right. Because so many times I work with clients that want to buy land. They get fired up about it, but it’s a stressful situation. And I just have to calm them down a little bit and get them to back off a little bit because this is supposed to be fun. We like to hunt. We like to fish. So let’s keep that first and foremost.
And if you’re going to do that, then just kind of basically know what you’re looking for. I’m not talking about a budget. We want to have a loose number that’s out there. But Kind of know what you would like to do with it. Are you looking for a deer-hunting place? Would you like to fish on it? Or what kind of condition are you in physically? Can you handle a place that has some pretty steep terrain? Or do you need something that is a little bit more flat? Just make out a list of what you’re looking for and then it’s time to go interview people.
typically interview a few people to figure out who’s the best fit to work for you
A lot of people out there own businesses or are n management positions, and when you’re looking to hire somebody to come in and work for you, to do a task, whatever it is, you typically interview a few people to figure out who’s the best fit to work for you. Your real estate agent is no different whatsoever. You need to go out and look at somebody in the market. You kind of have a geographic area that you would like to buy your property, well look at two or three of the agents that are busy, or active, or have a lot of listings in that area. You can find that information by looking at Landwatch.com or Lands of America, and just find somebody that has got a lot of listings in your area and interview those guys.
Find somebody that gets where you’re coming from, somebody that you can relate to, somebody that you can trust. And know that the agent that’s working for you when you’re buying land, that’s not costing you anything 99% of the time. They get paid by the seller, whoever is selling the property. So you’re getting professional advice from somebody you trust and it’s not costing you a penny. That’s where I think you get started in finding your piece of property.
You said the magic word, “agricultural,” because if a guy is growing soybeans, or he’s growing corn, or whatever he’s growing, and he is making a living off that land, it’s not going to go cheap. Is that true?
Take the emotion out of it.
That’s exactly true. I mean, any time you’ve got income-producing ground, obviously tillable ground, whether it’s corn, beans, or alfalfa, or whatever that you’re growing as a cash crop, or maybe its pasture ground with alfalfa or the variety of grasses that work well for hay, that ground is a little bit more expensive than just basic timber ground. Unless you’re getting in a lot of walnut trees or mature oak trees, that ground can be fairly expensive as well, if you’ve got income-producing ground.
One thing I want to back up to on a budget. I think so many people get caught up in the emotion of buying a piece of property that they forget something. They get so excited and they get so emotionally invested, because they love the property that they’ve found. They’ve got a budget of $200,000 and the property, they just won’t come down past 250, but they really want it. They look around, and they’ve got the financial wherewithal, and they figure out a way to buy the $250,000 when their budget was really 200. I really try to advise people against it.
Take the emotion out of it. You can be emotional. Let your agent take the emotion out of it and help you make a good decision. I’m all for a person overpaying for a property when they like it, but that’s if your budget is 200. You find a property that is probably worth 150, but it’s going to take 170 to buy it. If you’re really happy with it, you can overpay for what the ground is actually worth. Just try your best to stay within your budget. Because I don’t want two years from now you to be disappointed in the fact that you overpaid for something, and you really stretched things thin, and made the financial situation a stress for a couple of years down the road.
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