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...
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...
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!!
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...
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...
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...
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.
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...
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...
I’m not for outfitters but how so?
Commercialization of deer hunting horn porn on social media and greed!!
I have ran the numbers multiple times and for me I could go on a pretty good guided hunt every year for the interest alone on what some of these rec properties are bringing.
My brother...
I wondered if that was not the case, you are getting the transient population that realizes Joe and Sally coyote are gone so the neighbors move in. I feel sorry for you but I hope the neighbors get every fawn killed in the spring!!!!
Wyoming is going to be interesting with the changes mentioned above and the winter kill in multiple states last year. Do your homework in regards to populations. I’m playing the game in several Western states for multiple species and I think the next 3-5 years gonna be interesting. Demand...
I worked pretty closely with the MO DNR on their deer studies a few years back and coyote predation was BAD for the first two weeks after fawns started traveling out with their mothers rather than hiding away. Do they kill some adults as they get older yes, but not as often as you’d think...
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