CHAPTER III 



HOW TO BUY THE FARM 



BEFORE the purchase of the land for a home in the country, 

 some consideration ought to be given to probable increase 

 in land values. Even if you are primarily interested in your 

 early sales of produce, you will not object to reaping an addi- 

 tional profit from the presence of other people. 



Inasmuch as density of population determines land values, 

 it follows that vacant land near a large city at $100 per acre 

 may be cheaper than similar land at a distance would be at 

 $10 per acre. If you buy real estate, you become a silent 

 partner who does nothing, but takes most of the profits of 

 the business of others. 



Some persons see so clearly that money is often easily gotten 

 by investing in land, that sometimes they make mistakes, in 

 trying to get in. It is as easy to be a lamb in the real estate 

 market as it is in the stock market. 



Foresight, judgment, and experience or luck are essential 

 to success in real estate dealing, but help, at least in keeping 

 out of danger, may be had by following a few simple rules, 

 if one can command a little capital, borrowed or owned. 



The following points, suggested by a professional land 

 shark, will certainly be of interest and possibly of profit to 

 the intending buyer. I believe myself that they contain the 

 whole philosophy of land speculation. 



For a sure profit buy low-priced land, keeping as near the 

 "raw material" as possible; high-priced property is risky 

 c 17 



