The IOWA FARMLAND rush continues on...........
 

Auction Results



Cedar County, IA
May 31, 2007

145 Acres sold for $696,000 ($4,800/Ac.)
158 Acres sold for $726,800 ($4,600/Ac.)

» Click Here For Brochure (PDF)

Johnson County, IA
May 31, 2007

98 Acres sold for $480,200 ($4,900/Ac.)

Re: The IOWA FARMLAND rush continues on...........
 

Up and up it goes, where it will stop nobody knows.

RIDE THE WAGON

Re: The IOWA FARMLAND rush continues on...........
 

what % of purchase price is typically given by banks as a mortgage?

EDIT: evan, will you consider locking any more threads FH makes obviously selling this crap? thanks

Barron

Re: The IOWA FARMLAND rush continues on...........
 

[ QUOTE ]
what % of purchase price is typically given by banks as a mortgage?

EDIT: evan, will you consider locking any more threads FH makes obviously selling this crap? thanks

Barron

[/ QUOTE ]

20-40% and with interest rates as low as they are this is a great investment.

Since last September 1st alone, prices on farmland in Iowa have escalated over 24%!

Expect a 15-20% over the next 365 days.......MINIMUM. All the while recieveing over $200 an acre to cash rent the land.

ALL ABOARD!

Re: The IOWA FARMLAND rush continues on...........
 

[ QUOTE ]
[ QUOTE ]
what % of purchase price is typically given by banks as a mortgage?

EDIT: evan, will you consider locking any more threads FH makes obviously selling this crap? thanks

Barron

[/ QUOTE ]

20-40% and with interest rates as low as they are this is a great investment.

Since last September 1st alone, prices on farmland in Iowa have escalated over 24%!

Expect a 15-20% over the next 365 days.......MINIMUM. All the while recieveing over $200 an acre to cash rent the land.

ALL ABOARD!

[/ QUOTE ]

[x] quoting historical returns as a precursor to sell something.

[x] banking on rates to stay low during a time when the next move is likely to be up.

also, banks should be requiring more than 20% down. what % of properties purchase put down 20%? 30%? 40%? less? more?

what % of mortgages are floating rate mortages taken out on this land?

thanks,
Barron

Re: The IOWA FARMLAND rush continues on...........
 

Ban plz. This clown is so disruptive.

Re: The IOWA FARMLAND rush continues on...........
 

[ QUOTE ]
Ban plz. This clown is so disruptive.

[/ QUOTE ]

yea but this could be a good case study to show an investment decision thought process question by question.

my bet is FH could only last 1 or 2 more rounds of questions before he gives up.

Barron

Re: The IOWA FARMLAND rush continues on...........
 

Nice save Barron [img]/images/graemlins/smile.gif[/img]

Re: The IOWA FARMLAND rush continues on...........
 

What are your questions exactly?

If one has $200,000 to invest, they can purchase a very nice 40 acre parcel of above average farmland in Iowa with no mortgage...........land that is producing rent of $200+ per acre and still has the potential for very good gains just on the value of the land in the coming 12-24 months.

Now granted, it was much better to get on this train two years ago when I was recommending to do on TheRX back then. However, there is still time to reap some very nice rewards in this investment.

Re: The IOWA FARMLAND rush continues on...........
 

Keep in mind, I DO NOT DOUBT the naysayers that say the ethanol boom will not continue.

HOWEVER, MAKE NO MISTAKE ABOUT IT, UP UNTIL AT LEAST THE YEAR 2010 THE UNITED STATES GOVERNMENT, ETHANOL PLANTS(majority in Iowa), CAR MANUFACTURES WITH FLEX FUEL CARS, etc., etc., will make a strong push to see if this can work. Ethanol will be expanding to most every state in the union within the next year and becoming much more available at most service stations throughout the country.

Right now, CORN is the far and away the #1 staple to produce ethanol.