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Post by MN Slick on Feb 16, 2017 8:05:37 GMT -6
I am not sure who that is, but I do know a guy from my hometown area Starbuck-Glenwood is going to look at some Missouri farms. I think he knows who you are... I suggested he look at your 200 acre farm. In a few years, I may consider selling in Iowa and moving down to Missouri (if they keep raising the tag price). I have a good farm now, and would hate to give it up, but you know the old saying...everything is for sale if the price is right! Is he a friend of yours? Pete or paul, or something like that? If its a guy that is looking at some farms through WTP, that would be him. But after I just got the numbers back from the Logger on the 200 acre farm, I ain't that interested in letting the farm go cheap, or at all now. So we will see what happens. I met Paul through another friend and have been giving him my 2 cents on the type of habitat I think is best down there. I sent him the listing for your 200. I keep stressing diversity, overgrown pasture with cedars, shingle oaks, grass, junk trees, some ag in the area, WSG, creek bottom, and income of some sort, etc. The other guy likes hardwood timber. I don't mind some but overgrown pasture makes the best bedding habitat down there. We'll see what he ends up with. Inventory is pretty limited right now.
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Post by MoBuckChaser on Feb 16, 2017 8:13:20 GMT -6
Is he a friend of yours? Pete or paul, or something like that? If its a guy that is looking at some farms through WTP, that would be him. But after I just got the numbers back from the Logger on the 200 acre farm, I ain't that interested in letting the farm go cheap, or at all now. So we will see what happens. I met Paul through another friend and have been giving him my 2 cents on the type of habitat I think is best down there. I sent him the listing for your 200. I keep stressing diversity, overgrown pasture with cedars, shingle oaks, grass, junk trees, some ag in the area, WSG, creek bottom, and income of some sort, etc. The other guy likes hardwood timber. I don't mind some but overgrown pasture makes the best bedding habitat down there. We'll see what he ends up with. Inventory is pretty limited right now. If you know him well, I have a lot of nice buck pictures on my computer that I don't know if I have let out. The south end of that farm has some island like twists in the river that are where the bucks bring the doe's, because they are thick as all hell, The north end of that farm has produced some great bucks I mean some big bucks, because that north forty is thick as hell on both sides of the river. We really should have been hunting that farm a lot more.
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Post by Bwoods11 on Feb 16, 2017 8:17:15 GMT -6
Paul has shot some nice bucks! MN and Wisconsin. He's serious hunter. I mentioned to him to look for something with crop, so he could add CRP as he wants investment and good hunting.
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Post by MoBuckChaser on Feb 16, 2017 8:22:38 GMT -6
Paul has shot some nice bucks! MN and Wisconsin. He's serious hunter. I mentioned to him to look for something with crop, so he could add CRP as he wants investment and good hunting. That farm only has 35 of the 74 acres of crop ground eligible for CRP. But Since its in the $200 acre rent area, That CRP would pay well! The best part of my renter is, he is a corn on corn guy, and never combines his Missouri stuff until DEC and JAN. That is just another reason we see so many good bucks on that farm.
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Post by Bwoods11 on Feb 16, 2017 9:40:18 GMT -6
Mo--Is he looking at that farm? I would guess that as long as you have crop history on the 74 acres that it will be eligible for CRP in the next farm bill of 2018? I am sure just leaving it as crop is fine to, but adding some CRP can really help, especially in IA and Missouri. I have riparian buffer CRP--mix of switch/cedars and shingle oaks, and it is the #1 bedding area on the farm.
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Post by Bwoods11 on Feb 16, 2017 9:41:17 GMT -6
SD--sorry to steal your thread
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Post by MoBuckChaser on Feb 16, 2017 9:57:37 GMT -6
Mo--Is he looking at that farm? I would guess that as long as you have crop history on the 74 acres that it will be eligible for CRP in the next farm bill of 2018? I am sure just leaving it as crop is fine to, but adding some CRP can really help, especially in IA and Missouri. I have riparian buffer CRP--mix of switch/cedars and shingle oaks, and it is the #1 bedding area on the farm. There is only long term crop history on 35 of the 74 acres, so that is all that would be eligible as of now. The other 39 acres was in grass hay and never reported. But is all farmed now. But with the rent at around $200 per acre, that is more than he could get bid in on CRP anyways. He is looking at it tomorrow. I just had to forward some rent info as well as the loggers estimate. How do you know him?
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Post by MoBuckChaser on Feb 16, 2017 9:58:29 GMT -6
Yes Sorry SD.
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Post by Bwoods11 on Feb 16, 2017 10:10:08 GMT -6
Paul owns a resort with his brother in law (Rob who is a friend of mine). He lives in Glenwood, which is 8 miles from my place on Lake Minnewaska. Glenwood is on one end of the lake, Starbuck on the other. We all kind of know each other through mutual friends. I tried to sell him a hotel, but he is looking to buy hunting/ag land (he is making the right choice)!
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Post by MoBuckChaser on Feb 16, 2017 10:16:38 GMT -6
Paul owns a resort with his brother in law (Rob who is a friend of mine). He lives in Glenwood, which is 8 miles from my place on Lake Minnewaska. Glenwood is on one end of the lake, Starbuck on the other. We all kind of know each other through mutual friends. I tried to sell him a hotel, but he is looking to buy hunting/ag land (he is making the right choice)! Funny thing with the area that farm is in, the farmers will come out of the woodwork to rent ground. When the last guy went broke, I put a ad in CL, in one day I had 7 guys call. The farmer we have sent me the rent up front without even looking at it. But this ground is mostly second tier bottom ground. Great dirt and it never floods. I agree, AG land, if you get the rent up front would be way better than a hotel. LOL
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Post by Tooln on Feb 16, 2017 11:17:03 GMT -6
Back on track. As far as life insurance I have enough to plant me. Your far better off putting your money in an passbook account or even better yet an IRA. But that's just my opinion.
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Post by sd51555 on Feb 16, 2017 14:03:45 GMT -6
SD--sorry to steal your thread No worries. That topic ran its course. Now if it veered into a conversation about Priceline (PCLN) stock or antifreeze, I'd be happy as a habitat guy covered it sawdust.
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Post by sd51555 on Aug 24, 2017 19:34:20 GMT -6
Digging up an old thread...
My brother was in a spot where he wanted to cash in all of his whole life policies and take the money and run. I slowed him down and tried to talk him into keeping them. His whole portfolio (five policies) was in a spot where it was now growing $3 cash value for every $2 he put in each year. All the dumb money had been paid already. They were very old policies that were now in their glory years of returning some actual growth. I couldn't talk him out of it, so instead of him cashing them out and killing them off, I told him to borrow out 90% (he would have gotten 87% after taxes) and assign ownership over to me.
I took them on, and now I need to put the cash back into them, but going forward, they're yielding about 3% growth on the cash value, and for every $2 I put in, they'll return $3 in cash value each year.
Simpler math, I put in $1000/yr, they go up $1600/yr in value, and that $1600 goes up about $50/yr from here.
Crazy?
That shit's gonna be my cabin capital fund.
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Post by MoBuckChaser on Aug 24, 2017 19:39:57 GMT -6
crazy
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