Just bought 80 acres of Iowa farmland for $330,200

[MastaB]

I own acres there now, and have for many years........I'M VERY IN TUNE WITH THE IOWA AGRICULTURE SCENE.

Corn and soybeans............and possibly BISON as livestock.

Go with the bison idea. A lot more people are consuming it now a days because of the nutritional value. Bison burgers even taste better.

[Fishhead]

Go with the bison idea. A lot more people are consuming it now a days because of the nutritional value. Bison burgers even taste better.

Yes

I personally have it twice a week on average...........it is awesome!!

[Patrick McIrish]

Good luck with it Fisher.

[1st and Ten]

Someone isn't happy with you

Talk about Bull Shit

[eidolon]

did you get 2 mules for the 80 acres?

[Trojan]

Prime Iowa farmland that is........think I got one helluva deal.


Wish me well boys.


Sometimes, I go overboard.

Probably could have got the whole state for that price. For an extra $100K we'll get you Wyoming as well. Nobody else wants it

[The Seer]

did you get 2 mules for the 80 acres?

lol

[blix177]

Nice buy Fishhead, I am thinking we are going to see pretty high inflation next few years, as U.S. tries to figure how to pay off $20,000,000,000,000 in debt. Land and real estate are great to hedge against inflation.

[jjgold]

The rich get richer

money makes money

pros always win

=

Fishhead

[paco]

Fishhead, does this mean u won't be moving to Vegas? Wouldn't u wanna oversee this investment in Iowa?

[Crash]

fish you got any deer on the property??

if so can i pm you and talk about maybe a hunting trip up there??

thanks boss

[Outlawdino]

Nice buy Fish, I have been on the lookout for a few acres in my area. We still have a 97 acre farm in our family but it has been turned into a "junk yard" by my cousins and their husbands and it makes me seeth. I wanted to put it back to it's glory days of my grandparents but I have no support from the others. Cheers to you and the country life !!!

[Shortstop]

Congrats Fishhead! Enjoy!

[Fishhead]

Probably could have got the whole state for that price. For an extra $100K we'll get you Wyoming as well. Nobody else wants it

A, no.

Obvioulsly you are not aware of the quality of farmland in the state of Iowa, as it is some of the very best and fertile ground in the entire country........perfect for growing soybeans and corn, both of which are major cash crops.

[Fishhead]

Nice buy Fishhead, I am thinking we are going to see pretty high inflation next few years, as U.S. tries to figure how to pay off $20,000,000,000,000 in debt. Land and real estate are great to hedge against inflation.

Up until last year, Iowa farmland had increased in value every year since 1997.......

I actually bought some land in 1997 for 900 an acre and today could sell it for around 4500 an acre.............as you said, this investment is being driven by what you stated above, plus the push for biofuels in the last few years.

[Fishhead]

Fishhead, does this mean u won't be moving to Vegas? Wouldn't u wanna oversee this investment in Iowa?

No, most of my immediate family is involved in farming in the area, and as mentioned, my brother(and his son), will be farming the ground and renting the ground from me.

Let me state, I could get 30-40% more renting it to an outsider, but my brother is a top notch farmer, and being family, will take good care of the ground. You get outsiders farming your land and they could care less how they preserve the soil for the longterm.

[Fishhead]

fish you got any deer on the property??

if so can i pm you and talk about maybe a hunting trip up there??

thanks boss

Yes, but this parcel is wide open with not many trees, not great for deer hunting, more so for pheasant hunting in the fall.

However, my brother has property located near a river basin(east fork of Des Moines River) that he sometimes allows deer hunters and other hunters to patrol it.

Growning up I did lots of hunting and trapping(muskrat, mink, raccoon) around the area.

[l7ustin]

very cool FH good luck to you

[pitman]

i have 50 acres of primo fertile land in ontario, costed 140k CAD with a house. rent the field to a farmer for 1.2k per yr . guy is making a killing off me but save more than that in property tax and makes my land look nice

[odusmykal]

Great purchase Fish.. My family left me a nice sized piece of land in S' Georgia and i lease it out.. Same guy has been farming it for the last 20 something years.. So when i got it, i let him continue to farm it.. I've been there to visit, but no way i could live there.. So it works out great for me.. Once a year, i get a very hefty check for doing nothing at all.. I wish you and your brother much success FH..

[Fishhead]

i have 50 acres of primo fertile land in ontario, costed 140k CAD with a house. rent the field to a farmer for 1.2k per yr . guy is making a killing off me but save more than that in property tax and makes my land look nice

[Fishhead]

Great purchase Fish.. My family left me a nice sized piece of land in S' Georgia and i lease it out.. Same guy has been farming it for the last 20 something years.. So when i got it, i let him continue to farm it.. I've been there to visit, but no way i could live there.. So it works out great for me.. Once a year, i get a very hefty check for doing nothing at all.. I wish you and your brother much success FH..

What does he grow.......cotton, corn, peanuts, peaches???

[cadillac pete]

is the move back to Vegas on hold now??

[odusmykal]

Cotton mostly.. But there are a Ton of peanut farms around the area.. I believe my family grew peanuts many years ago.. Before i was ever born..

[Fishhead]

is the move back to Vegas on hold now??

No, read my previous posts.

[cappinthepigs]

You should let me come Pheasant hunt!

[Fishhead]

You should let me come Pheasant hunt!

Possibly......see me at the bash.

[durito]

just more proof that Fish is sharper than his detractors..

Fishhead is making scratch off his land playing points contests on SBR while Durito is stressed out looking for his next prop to bet at a D- book.. Monkeyfocker is coughing at some card table in vegas eating 3 day old cobb salad..

Fishhead wins

I found a prop with a 13% edge at a D- book yesterday.

post of the day!!!!!!!!!!

ps, durito is a peasant fuker

Another insightful comment from WTF.

[Fishhead]

Nice pic of some Iowa farmland.........beautiful.

[Fishhead]

This pic is very, very similar of what is was like where I was raised............a lot different then VEGAS...........LOL

[Doug]

Renting out some farmland and making a decent return ( 6% or whatever) sounds way better than trying to do it with condos or such.

Of course nobody in their right mind wants to live in Iowa, ....but if you know the land values there, then I say do it.

Somebody has to farm that land, just as long as it's not me and Jeff Fishhead !

Get a few more more farms, and soon you have 50-100k or more in rent coming, or even become a non-farmer yourself, and get paid not to grow something....but FH doesn't go that way.

All I know is that land is needed to grow the Shit we eat, it's basic, farmland =food, people need food, it's good until we find a way for people to not need food.

[nosniboR11]

great investment sir

[obamaismyuncle]

Fishhead, how's your brother (the top farmer in Iowa according to you) and your big land investment doing?

[obamaismyuncle]

[Fishhead]

Fishhead, how's your brother (the top farmer in Iowa according to you) and your big land investment doing?

Just terriffic, thanks for asking.


The farmland market itself has stablized over the past year...............corn and soybeans the same.

We got the crop in early this year, as it was a quick thawing spring.................now all we can hope for is good luck from the weatherman.