Message from @YUGE
Discord ID: 331998701063110656
there is an OLD timber road to our west that really only wranglers etc can take I used to ride on
but I want to get that developed and graded up
Sounds like a job for a shiny new tractor and weekends
this is my crux tho I can potentially KEEP farm which is highly valued and purchased minimally later in life for like 200K
or sell for the cost which may be hard and take time
Keep it and use it tbh
$200k is nothing
estate will sell it internal like 200K vs like 3.9M valuation sans minerals
That's like $1k/mo
200K includes like a 8k sq ft house, pool, big ass equestiran facility, and equipment
plus some of the horses are worth more than 200k
Lease that shit out if nothing else
my generation gets cash /cash equivilents out so I could literally pay cash for it tbh
Can't you get nearly free farm loans?
I could, and also Veterans loans but If I can pay cash why bother fam
Like <1%?
I think the sectioning is like sections of 8M per 2nd generation of us
Uhh because you can do other things with $200k?
200K for an asset of almost 4M doe??
PLUS timber and minerals?
1% on $200k is nothing
And you could pay off whenever you wanted
I mean I could id look at rates at that time, plus I think I would have a combat tour then = VA loan
I want to stump on farm for my angry AF political campaign kick off
Yea man, let them sit on that money and do something else with your liquid cash
Plus you can probably write whatever you do pay in interest off
tbh our WM averages like 8-15 percent returns
you can write it off
and our WM even in recession posted like 8 percent during recession
im keeping any cash and cash equiv parked tbh imo
Yea you should
taking residual as a pass through dividend
Staying liquid has a lot of benefits
maybe take a small portion out and taxed at capital gains
have famaily vaca with trad waifu etc
yeah thats what my fam did in 2008
I was told a recession is a garage sale if you have cash
Yep
I want a case hat
but no case tractor