Recent content by John Young

$5k in pipe? Wow How big was the pond? Sent from my iPhone using Tapatalk

I fully agree that a major correction is coming. I also agree what the other guy says about it taking a major event. There are a couple major events on our doorstep. Between a recession worse than 08/09 and the possibility of WW3 the possibility of going from recession to depression is a real...

The 227 with the cabin and northwest access in Davis county sold for $580k in 2017 I believe and now the seller wants $1,350,000. These people are beyond reality. 100%+ profit in 5 years. Look at that realtors listings. He is certainly one with no integrity. Almost all of his listings have...

Nope you’re right. There are a few that still have some integrity and a conscience but lots don’t have it. I could name ten right now and two whole companies. But I’m not going too. They know who they are. I surely hope they have trouble sleeping at night and karma finds them. Sent from my...

Nope the two properties I know of are prime ground. Like I said both went around $3k. But both were special circumstances. One of them any die.hard hunter would die for. You wouldn’t believe it if I told you. Next door to a big time celebrity hunter in a highly managed neighborhood. It has about...

You can’t go by what happened 6 months ago. Things are deteriorating by the day the closer we get to mid ‘24. But I’m southeast Iowa. Most properties are being listed way high because these realtors have no integrity and just want the listings. But they are sitting and lots being reduced and...

What’s hard to argue is your property sitting and not selling. Like most farms are now. Not to mention all the price reduced properties and still not selling. Well they were priced double the market! Now they are proved 3/4 higher! Keep sharpening the pencil!!! What this last post said makes...

Lmfao, I know the farm. Who doesn’t. But for $12 million you could own a lot more than 49% ownership in 3600 acres and build something pretty incredible. Sent from my iPhone using Tapatalk

The only fact is time will tell. But I believe your underestimating the power of a very nasty recession that’s on our doorstep. But again we should know for sure what’s going to happen in the next 12 to 18 months. But I’m betting rec ferns in Iowa will be back around $3800 to $4500 an acre. If...

I don’t think this thread is talking about prime farm ground. We’re talking mainly rec land. Sent from my iPhone using Tapatalk

Another major correction is coming. I’m waiting impatiently for it![emoji23] Sent from my iPhone using Tapatalk

Yep we had a pretty significant correction when COVID started. If you bought in March 2020 on the correction you could have doubled your money. Sent from my iPhone using Tapatalk

If you bought a farm between $800 and $3500 an acre years ago and you own a farm outright or even at a 3.5/4 % fixed rate why would you sell it now? That makes no sense. So you can go into an 8% mortgage? First you would need a 1031 exchange or know your done with land all together and bite the...

I certainly remember those days of interest rates in the teens. Hopefully we never see that again. I think the interest rate on my parents first house and my childhood home was 14%. But back then I think they bought the house for $37k. Lol! Now those homes are selling for $350k. Crazy how things...

What’s that even mean? I sure as shit wouldn’t be buying land at this moment in time. But on private I’m definitely letting that buck walk. I’ve let plenty of 150’s walk on private. It’s not what I’m after. I’ve killed plenty in the 150 to 160 range. I’ve upped my game. But on state land I would...