When is a good time to buy ground?

[@jarrodwemhoff7270]

30’s-80’s-2025? Kinda scary to think that we could be in the midst of another correction.

[@dylanbosch8671]

Heard a story from a local banker that goes... back in the 1940s land was going for $100 an acre if you told them in the 1970s... 30 years later the land would be worth ten times the cost in the 40s they would say your crazy but land in the area was $1000 an acre. Then in the 1970s if you would have told them in 2010.. 40 years later.. land would be ten times the value of the 70s they'd call you crazy but land in the area in 2010 was going for $10,000 an acre. Today I can't even begin to comprehend the thought of $50,000-100,000 an acre land but a few years ago there was ground 30 miles from me bring $25,000-30,000 an acre to still be farmed. I am starting to come to the conclusion that small farms are dying out and as time goes on your going to have large corporate farms fighting for land. Big money fighting big money and thats why I'm really starting to think that $100,000 an acre ground maybe possible in 50-60 years. Now from the 70s to the 80s there was a big hickup in land values and people lost their butt. A set back in value is easily possible in the short term but long term though I do believe that land is a good investment. That being said I don't feel I can write the check or be able to make the payments in the meantime. My dad has said multiple times that he should have bought ground in the 90s but at the time he couldn't make it work.

[@GennyBev]

Great content, as always! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

[@LtColDaddy71]

Cattle has been good to us this year, but we’re breeding the bottom 2/3 of our dairy herd to embryo transferred beef genetics, and working with other dairies to do the same. Bottle babies are so labor intensive, but they are really cheap. Where the prices jump is after they are off milk and on grass. We sold 3-4 weights for $500-$600 per 100 weight. It’s a lot of labor dealing with baby calves though. 4 of my kids spend a good 4-5 hrs per day with them. The feeders buying my 8-9 weight’s are hedging, buying insurance, or if they want, they can get 100 head, feed them out, and if they are coming back to me for processing, it’s one financial transaction, I pay market rate, minus what they purchased the cattle for… they could potentially be out the $4 corn they shoveled in them to fatten them up. A big part of our cash flow was having a rate lock on a land equity line of credit that allowed us to pull 40% of the appraised value out and churn it in baskets of treasuries. We yielded 2 points better than the interest paid. That rate lock does expire on a set date though.

[@FarmallFanatic]

Land bubbled right now

[@6by6by6]

The best time to buy any land is when it’s offered for sale…

[@davidruffjr6045]

👍🏻👍🏻👍🏻

[@willlothridge3197]

Never but that’s what was said 30 years ago

[@Drew-in-NoDak]

The whole investment thing is a piss off, I can go invest in some shit coin with every dye I have in the bank and get "rug pulled" tomorrow. And no one will bat an eye but a startup company with physical assets... Oh no thats too risky.