How Can I Tell The Value of My Land?
Many property owners are looking at the current market and realizing their land could be worth a pretty penny. If you’re one of these people, asking yourself, ‘how much should I sell my land for?’ you’re not alone. Unfortunately, many people make poor deals or don’t research thoroughly enough and end up accepting a lower price than they should: here’s how to know the value of your property. How Rural is Your Land? Where is your land? Are you within a few miles of a major city, or is your property hours out from any location with a large population? … Read more
Understanding the Farm Credit System with Phil Peabody
What is the farm credit system, and what’s the value of cooperative ownership? This is what today’s guest is going to be explaining in today’s episode. In this interview, you’ll hear from Phil Peabody, the Chief Lending Officer at Capital Farm Credit. Capital Farm Credit does more than just help customers purchase land, it gives them additional options after they complete the acquisition of their land. Listen in to hear Phil talk about why you might want to use a farm credit association, what happens after you become a customer, and what first-time buyers can do to prepare to buy … Read more
If You Own A Farm You Should Be On The Lookout For These Tax Breaks!
If you are one of the successful individuals that owns a country property with significant acreage, you could be able to score several tax breaks. Owning a large property often comes with large property taxes. However, if you are willing to operate a small farm on your property, you will qualify for several tax breaks. If you are interested in learning more about the tax breaks set aside for farmland, you will want to continue reading below. Tax Benefits of Owning a Farm Farmland is eligible for several tax breaks. The most common tax breaks are set aside for cattle … Read more
Leaving Urban life for the Country lifestyle with Cathy Cole
If you want more of country life, but still want to be part of a close community, Cathy’s part of Texas might be the right place for you. Cathy is the Owner and Principal for Compass Country Properties Group and one of the best-known real estate agents in Texas. Listen in to hear what Cathy has to say about the importance of a farm expert, managing a professional reputation, and getting involved with a local community. Topics discussed in this episode: How Cathy got into Country Properties What Compass brings to the business Why it’s important for Compass … Read more
Will a Pond Increase Your Property Value?
Most people enjoy living near a body of water where they can swim and otherwise recreate. For some people their preferred body of water is a lake or the ocean. However, these days more and more people are developing ponds on their property so they can get in the water without ever having to leave their land. While this trend appears to be a worthwhile investment, most landowners will want to know how much value a pond adds to a property before digging up their land. Therefore, this guide will take a look at the factors surrounding the potential value … Read more
The Costs You Will Want to Anticipate if You Want to Own a Horse Ranch
Owning and operating a horse ranch is a lofty endeavor. Have you ever asked yourself how much does a horse ranch cost? Obviously, owning a ranch will come with upfront costs related to the property costs, development fees, and taxes, but the endeavor will also require you to purchase horses and complete the steps to register your horse ranch as an accredited business. Most of the costs associated with owning a horse ranch will actually be associated with the cost of owning horses themselves. Therefore, below this guide will explore the various costs associated with purchasing and owning horses and … Read more