Ranch and farmland development

[Jeff Lee]

Howdy BPers -

I'm looking to combine ranch land with STR cabins in central/east-central Texas. Does anyone have any experience with buying acreage below market value, rehabbing ranch land, or have financing tips for acreage + construction?

I realize there are a lot of non-traditional moving parts to this project, such as: Where can off-market ranches or acreage be found? At what point is it more cost efficient to buy "nice" land (e.g. for cattle or hay production) rather than buy cheaper mesquite/cedar/cactus infested land and try to rehab it? In other words, how can we apply BRRRR to ranch land?

Tags: Ranch, Farm, Cattle, Cow, Acreage, Acre, Agriculture, Cabin, Brenham, College Station, Somerville, Navasota, La Grange, Giddings, Bastrop, Schulenburg