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40 acre homestead in Northern Maine for 50000
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K
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3 Apr ’15 - 11:00 am
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Came across this piece of property, a great set up for the right person

http://goodshepherdf.....eebly.com/

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jonathco
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3 Apr ’15 - 8:25 pm
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That's actually a bargain; not a bad setup at all. With a little elbow grease and a phone call to a scraper to get rid of the trailerhouse that would be a great little homestead. 

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K
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4 Apr ’15 - 8:58 am
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agreed, only downside is the area it is in there is not a lot of jobs

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easytapper
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4 Apr ’15 - 10:11 pm
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Definitely has potential.  But I think there's something wrong somewhere.  Seems a little too good to be true.

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K
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5 Apr ’15 - 7:53 am
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Would definitely need some due diligence 

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jonathco
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5 Apr ’15 - 12:28 pm
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easytapper said
Definitely has potential.  But I think there's something wrong somewhere.  Seems a little too good to be true.

Perhaps not; if the area is remote and jobless as KVR says, then it is not all that surprising. Here in Michigan, I have seen homesteads for <$1,000 an acre up in the U.P.  Same situation, no jobs to be had and 6 months of the year the roads are unusable.

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easytapper
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5 Apr ’15 - 2:12 pm
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But dude says he has over 100k invested into it. Just seems odd (cancer or not)

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K
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5 Apr ’15 - 2:15 pm
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It's a really tough market up here, especially since 2008. We sold 5 apartment buildings and had to take a loss on all of them just to get rid of them.

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