I don’t know how Paul Volcker the Fed chairman thought it was a good idea to raise interest rates above 10%?
That seems insane now ?
It cost a lot of good people their farms !
Keep in mind that the seller was paid a good $$ amount for the easement. Maybe a few Iowa guys could help here, but in my area of Minnesota , WRP sells for about 1/3 of the market in that area …
Example 6000 acre land will sell for 2000/acre. I see some on the market now and it’s not selling.
Yes I have some experience. I’d say make sure it’s very cheap in price, the restrictions are numerous.
It depends on the situation? If it’s a property that borders your farm it’s more attractive.
No income, but can be excellent cover. Good luck !
I talked to a guy that does CRP plantings & he had a client with 200 acres lined up for CRP, but then backed out .
My guess is the enrollment numbers will be lower ?
This was on the river by Lake Bronson . I can’t even remember the name of the river , but it was good hunting !
We saw big bucks, bear, wolves & an occasional elk in that area.
My son & I were heading up to bow hunt in NW Minnesota along a nice river bottom. We discussed buying an OTC bear tag in that zone since we had seen a few bear in camera & it’s no quota!
Decided not to buy the tags .
That evening a really nice bear went right under his stand and gave him...
I bought an 80 acre parcel when I was around 30 yrs old . They were asking $24k for the 80 in NW Minnesota. At first I thought it was a typo…
It was a 4 hour drive, but I bought it for 22k, and it had over 2k a year in CRP.
I hunted up there a few times, the very first night I sat up there I...
I’d look at the land (80 ac) separate, it can be a whole different story . For example , does the 80 have crop land ?
Example 50 acres x $200/acre rent … suddenly the income of $10,000 of year offsets some of the expenses!
This is how I’ve bought, and I don’t shoot huge bucks like Skip, but...
The episode where the family goes on vacation to Hawaii is a classic. Phil stays in the hotel room the entire day watching the Jason Bourne Marathon!
He says “ Jason Bourne the ultimate Red Neck, you can’t kill him!”
Fun show to watch !
If anyone sees a nursery/supplier offering Shingle Oak in the future… let me know .
I saw Kelly Tree Farm had them, but basically potted taller extensive trees. I’d like to add 25-50 in one area .
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