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Old 10-05-2010, 04:46 PM
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skillet01
Spike
 
Join Date: Aug 2010
Location: nw pa
Posts: 45
Default buying land with others?

Looking into buying some hunting land with a few other guys. Has any one done this before. IF so what advice you would give? Do you set if up as a business/club with robert rules of order? How many guys is too many or not enough? How much acerage is enough for several guys to hunt. (located in nw pa mostly wooded land with few fields).
I currently own 49 acres in ny state. I could sell it and use the cash to buy my more acres in pa. I think i would rather keep it and buy more with a few other guys. Looking for some advice
One example of a guy i know that is involed in buying land with others has a buy back policy. IF at any time you want out of the deal the club/ business with buy you out with a 6% return on your investment (with 1 year advanced notice).
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