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Recent content by Muskrat24

  1. M

    Land prices / insane!!!

    Logically yes, in practice, no, way smaller buyer pool creates less demand. I have saw it in person multiple times. A 20 or 40 will have more potential buyers and they are willing to over pay because they can afford the payment. Most LARGE tract buyers look closer at value and price because...
  2. M

    Land prices / insane!!!

    Anyone that backed out of the not safe stock market lost out on a 20 - 30% return over the last year. Has anyone factored in interest expense to the land return? I have…. I own land, I am putting myself in position to buy more but 7%+ interest, current land prices and commodity prices are...
  3. M

    Land prices / insane!!!

    All I have to say is I’ve heard people say this that have no place buying ground! Good investment or not, if you can’t cash flow it and can’t make payments. It’s not a good investment. Just because the neighbor paid the same price a month ago. Doesn’t mean it will work for everyone!!
  4. M

    Land prices / insane!!!

    Yeah I understand where you coming from. I just tried to be consistent with published data as I am not familiar with local land markets of all five counties randomly used. Two of the five I am familiar enough to say the ISU numbers aren’t substantially off and the scenario is around a 2% cap...
  5. M

    Land prices / insane!!!

    I’m not trying to keep kicking a dead horse but some are are still missing my point. I am a lender and what someone could save up on and sacrifice a few years ago to own land is WAY different than with the numbers now that I posted last night. I am almost as tight as anyone here and know what...
  6. M

    Land prices / insane!!!

    I ran a 2020 to 2023 comparison of CRP rental rates and the county average for five southern tier Iowa counties in 2020 was $170.80 same counties in Iowa 2023 $182 = 6.56% change in income. So average for the same 5 counties land values of $6410 assuming 70% CRP acres and 20% down payment...
  7. M

    Pheasant rebound…

    What were the numbers like a few years ago?
  8. M

    Land prices / insane!!!

    Have cash rents or wages or CRP rental rates gone up 25% since 2020??? I know the answer. Just food for thought. And living costs are also much higher…. Disposable income down yet higher interest and higher prices. Better have a sharp pencil.
  9. M

    Wyoming Elk

    I 100% agree with what you say here and it is also 100% how I play the game. I won’t go on a hunt without a guide or at a minimum having someone lined up with horses to pack out an animal. I don’t have the type of friends that want a grueling back country hunt and I want to enjoy the hunt...
  10. M

    Best Alfalfa Variety For Deer

    I would leave it alone. With the stand you have you would likely not get a good germination on a new seeding as I mentioned above.
  11. M

    Best Alfalfa Variety For Deer

    One thing you might consider when I see you say “reseed” is the alleleopathic (Sp) effect that alfalfa has on a new seeding. If there is much alfalfa in the stand now and you try to drill right into the existing stand you could have germination issues. Recommended to kill the remaining stand...
  12. M

    Cold weather activities/trapping

    Saw some drift pics in your general area and they looked like it’d take a pretty big truck to bust through them!!!
  13. M

    Brutal weather coming

    Next couple days will be miserable. At least if they get out of the wind that will help.
  14. M

    Cold weather activities/trapping

    Pretty sure raccoons not doing anything outside this weekend! :D
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