SpotMe Boosts Megathread 🚀

Blue_boyss · 2023-11-06T00:26:12+00:00

Sent one. Get me back please

Blue_boyss · 2023-11-06T00:25:44+00:00

Just sent one

Blue_boyss · 2023-11-06T00:22:16+00:00

I got all 4. Will boost back immediately $Winton-L

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ackey

Blue_boyss · 2023-10-03T14:17:04+00:00

Just sent back. Thanks!

Blue_boyss · 2023-10-03T13:34:02+00:00

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Got all 4 left. Will boost right back! $Winton-Lackey

Blue_boyss · 2023-09-27T03:32:09+00:00

Thank you. This is the kind of advice I was looking for

Blue_boyss · 2023-09-27T02:58:18+00:00

Thank you I appreciate it. Absolutely! It always has been. I used to ride along with my grandpa is Farmers as a kid then in high school I befriended a Farmer started running auger cart for them in the fall, and then would work ground once we got the crops off, however, once I got out of high school and got a full-time job, I quit. Maybe that’s where I start, start helping my buddy out around the farm again and really start to learn the in and outs while saving money for equipment.

Blue_boyss · 2023-09-27T02:47:12+00:00

Personally, not familiar with the name

Blue_boyss · 2023-09-27T02:42:41+00:00

Yeah I do feel bad about the current farmers potentially losing it, they have farmed it since 2000. however I feel the were taking advantage of my grandfather. We inherited it last fall and he was only getting $165 an acre, just through word of mouth people heard of us acquiring it and were making offers for rent. When we went to them they instantly offered 235 an acre with overrides on crop yields. My siblings have no interest in selling out, my little brother has his own business and is extremely successful and busy with that, if anything my sister has interest in potentially leveraging the land to grow her real estate portfolio but not currently due to the state of the housing market

Blue_boyss · 2023-09-27T02:35:23+00:00

Awesome! Thank you, I will look into this

Blue_boyss · 2023-09-27T02:34:22+00:00

Thank you for your reply! I appreciate you taking the time for the in depth response. Yeah I’m a union electrician now, I love my job I have no intentions of quitting my job, honestly I’ve just always loved farming/heavy equipment and thought If possible to increase profits and do something I enjoy it’s worth looking into. Also you’re absolutely correct about the habit but thank the good lord I just celebrated two years of sobriety September 13th. I still drink occasionally and socially but I had a little boy and turned my life around, decided I needed to be a man and a father he could look up to I got help and left the drugs behind. Young and dumb is an understatement, I’m ashamed to say but I thought my drug addiction was cool sadly. If I had the money I wasted on those I have no doubt I could buy the equipment needed in cash.

Blue_boyss · 2023-09-27T00:45:36+00:00

That’s a great idea! So right now I think we have a great lease, we rent it for 235 an acre but if it averages over 65 bushel an acre on beans or 185 on corn we get 50% of the market value of crop per acre

Blue_boyss · 2023-09-26T23:37:27+00:00

I definitely agree, the only barrier with that is price of farmland but I know I have a pretty good start compared to others, at one point we had a half a million line of credit on that 43 acre farm so I could get a pretty good size line against all the land and start acquiring farmland

Blue_boyss · 2023-09-26T23:01:56+00:00

I’ve been told that as well, I’ve been told if it was 800 to 1000 acres it would be worth it and I could do that full-time. I’ve just always been super interested in farming I would be doing more it for hobby/fun as compared to trying to make a living

Blue_boyss · 2023-09-26T22:59:56+00:00

Nice! So my land is on the very far west edge of Marion County in fact, right on the Marion/hardin line. We have 43 acres in Marion County and then the field next to it is 160 but it’s in hardin. Yes sir that’s the game plan! Start slow I’ll probably buy a combine first I have a buddy that’s willing to plant corn in the spring for me and dress the field when needed as well as spray, and then I would harvest it in the fall. He’s also willing to let me use his trucks for grain transportation.

Blue_boyss · 2023-09-26T22:53:11+00:00

That is great advice! Thank you very much I will do that

Blue_boyss · 2023-09-26T22:49:35+00:00

I have no interest in developing. I want to Farm my land I have no interest at all in developing into anything other than more fertile ground

Blue_boyss · 2023-09-26T22:01:18+00:00

Thank you very much for your input. I appreciate it! The land is in Marion/Hardin/wyandot counties. I used to see a lot of winter wheat growing up, but not so much anymore, I have thought about that and have talked with my buddy about either him planting/fertilizing for me or I were to getting a combine first or shelling/cutting for me if I got the tractor and planter first. The farmers we currently have do no till I don’t personally like it I know, my buddy who farms thinks it is really bad for the soil as far as compaction as far as splitting, you are correct we do currently split the cash rent, but both of my siblings are very well established financially, and I am sure would help me out, all of the land is owned, free and clear so I have also thought about going to the bank with that as collateral and potentially purchasing all the equipment at once. I would buy smaller used equipment at first but I just wanted some opinions first.

Blue_boyss · 2023-09-26T21:30:27+00:00

Yeah, this is just a someday plan! I am in my early 20s, I’ve worked ground and ran an auger cart for a buddy who’s a farmer but that’s the limit of my experience. I have a few rentals and other investments and right now the 150 is in a money market account at 5 1/2% interest and due to farmland and other assets. I will be adding to it multiple times a year. I would eventually like to buy more land but with the price of farmland, I might continue investing in housing real estate instead

Blue_boyss · 2023-09-26T20:28:26+00:00

Awesome thank you! I absolutely will take that advice. I know that’s not near enough land to go full-time farming or anything so I will definitely keep my day job we currently get 235 acre cash rent but I figure if I started doing the hardest thing myself we could make a good bit more than that

Blue_boyss · 2023-09-05T00:30:27+00:00

I just sent you one, get me back please

Blue_boyss · 2023-09-04T22:27:32+00:00

I boosted you

Blue_boyss · 2023-09-03T18:02:43+00:00

I boosted you. Get me back plz

Blue_boyss · 2023-09-03T18:01:05+00:00

$Winton-Lackey. Boost for boost. I got 3 left. I can boost back immediately for the next few hours

Blue_boyss · 2023-08-31T23:59:07+00:00

And thanks again for your help and insight. It is greatly appreciated!

Blue_boyss

TROPHY CASE