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The Trophy Case

Lessons Learned The Hard Way

I have been blessed to own several different properties. As an absentee landowner here are some simple lessons I learned the hard way over the years. I share them in the hope that they will save you both time and money.

  1. The first piece of equipment you should buy after closing on your farm is a good compressor. There is nothing worse than sprinting to your property on a Friday night to work all weekend and find flat tires when you arrive.
  2. Contact your local ag service provider and get a gas tank and/or a diesel tank on your property that they can fill for you. Hauling 5 gallon gas cans gets old really quick, and the ag fuel is more cost effective.
  3. Don't leave gas engines such as ATV's idle for a long period of...

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Steps to Buying Land

Many times, I get asked, "What are the steps to buying land?" That question is so simple, yet very complex, as there are factors that make it different for each buyer. It depends how much land they will need, what the current interest rates are, etc… Depending on their needs will affect the length of the buying process. I thought I would give an example to help- this is not set in stone and please keep in mind that rates fluctuate constantly.

Let's use a $150,000 farm as an example.

First, before you find your farm, check with 3 to 4 local banks, and get a pre-approval letter so that you can make an offer when you find a property that you like.

The biggest part you will need is the down payment. Banks usually requi...

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What to Expect When Considering ROI

Purchasing land is no doubt a big decision for many. It can be confusing and complicated with a variety of factors to consider. One such factor is the return on investment (ROI) a property has to offer.

If owning a property with income potential is important to you, ROI will play a major role in deciding if a given property is the right fit for you and your goals. The first step evaluating a property's ROI is to understand what to expect in your market. What is a good ROI?

In Missouri, the...

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Steps to Creating Deer Bedding Areas

With hunting season approaching, you have the power to choose the spot where deer are most
likely to settle down for the night and sleep. Below, you'll find 10 tips to help create the perfect
deer bedding area.

  1. Pick a spot – Bucks like to bed higher up to see approaching danger and escape, look for benches.
  2. Clear a spot – Clear the area of rocks, sticks, or other debris.
  3. Create a barrier – Hinge cutting trees but don't overdo it.
  4. Let the sun in – Duri...

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Buying Your First Tractor

Congratulations! You bought a piece of land and now you are considering the purchase of a tractor. Here is some helpful advice.

First and foremost, if you have never owned a tractor, it is important that you realize they are a dangerous piece of equipment. Always wear your seatbelt, and always have the ROPS system up. If you roll your tractor, these two items will save your life! Believe me when I say tractors can roll over, even at a very slow speed.

Tractors come in various colors. The most common are orange, blue, red, and green, just to name a few. Many tractor owners have a specific brand that they are loyal to, myself included, but I am not going to go in to that here. I encourage you to find a local dealer with an im...

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What's The Lake Worth?

When buying a property that includes an existing body of water on it, it is important to educate yourself on a few factors before you determine what it's worth. Fish population and aquatic weed growth are two components when determining what a lake is worth. Unfortunately, the first thing some property buyers have to do is spend thousands of dollars to get the lake to the quality that they thought they were purchasing. In my experience as a real estate agent, property sellers usually want a higher dollar amount for their existing lake, but in my experience as a pond and lake manager for Curryville Fisheries, lake owners are often challenged when trying to correctly manage their lakes themselves. Managing a lake for both the proper aesthe...

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