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Sold the farm and bought new one. Lessons learned! #6270557
07/01/18 04:29 PM
07/01/18 04:29 PM
Joined: May 2014
Posts: 201
Lebanon, Missouri
H
H5Farm Offline OP
trapper
H5Farm  Offline OP
trapper
H

Joined: May 2014
Posts: 201
Lebanon, Missouri
Well after five years, I made the decision to sell the farm. I found a new place and made an offer and it was accepted. My old farm was listed by me to some friends via a text and within 48 hours it was sold. Both places were bought without a realtor and I was able to role all my money into the new farm via 1031 so no taxes. I almost made 3 times what I paid for it. The new farm is about 1.5 miles from the old one.

I recently decided after my new neighbor took a bulldozer in and decided to push out every tree along our half mile long border that let deer access new to my new food plot. There used to be 80 acres of woods we shared however my new neighbor owns the sale barn and decided his cows needed that space.

I bought my first farm 80 acres cheap. I did some select walnut tree harvesting, timber stand improvement projects, edge feathering, hinge cutting, controlled burns, battled sericia lezpedeza, put in three food plots and two ponds. I learned alot. It was a deer and turkey haven. I killed my best deer a 142 with a bow this year. It had a small hunting cabin 10x15. I revamped a shallow well (bought new pump and put in electricity.)

But with two growing kids the cabin with no plumbing was small. My neighbors constantly gave me problems, trespassing, poaching, cows and horses in my plots, three pop up blinds destroyed by cattle and property lines that cause continual issues. I also had to maintain a mile of gravel road that was my easement.

I found a place 78 acres on a state hwy that has no easements. Its clearly fenced on all sides with a Century farm on oneside and a neighbor who doesnt hunt on the other. It butts up against the Mark Twain National Forrest. It has a well maintained 1254 square foot house, 30x30 workshop and a half acre full stocked pond. The portion of the national forrest that I am up against is not easily accessible and neighbors say there is never anyone back there. I am looking forward to hunting and trapping on the national forrest. Free land to hunt. Also the place is solid timber so I will have to bulldoze some plots in. I cant close on it until October 1 so I may just hunt it this year and get the plots ready in the spring. Time will tell.

Its like a fresh canvas to take and apply everything I learned about habitat and plots and start over.

Re: Sold the farm and bought new one. Lessons learned! [Re: H5Farm] #6270588
07/01/18 05:09 PM
07/01/18 05:09 PM
Joined: Dec 2006
Posts: 21,028
St. Louis Co, Mo
B
BigBob Offline
trapper
BigBob  Offline
trapper
B

Joined: Dec 2006
Posts: 21,028
St. Louis Co, Mo
Congrat's Bro! Livin' the Dream! I have a cabin in Plato that I love, and a million acres of Gov land to hunt/fish.


Every kid needs a Dog and a Curmudgeon.

Remember Bowe Bergdahl, the traitor.

Beware! Jill Pudlewski, Ron Oates and Keven Begesse are liars and thiefs!
Re: Sold the farm and bought new one. Lessons learned! [Re: H5Farm] #6270591
07/01/18 05:11 PM
07/01/18 05:11 PM
Joined: May 2010
Posts: 28,978
potter co. p.a.
P
pcr2 Offline
"Twerker"
pcr2  Offline
"Twerker"
P

Joined: May 2010
Posts: 28,978
potter co. p.a.
i'm about 3 yrs into about the same deal on my families 50 acre farm that has been in the family since 1885.labor of love









Re: Sold the farm and bought new one. Lessons learned! [Re: pcr2] #6270884
07/02/18 12:41 AM
07/02/18 12:41 AM
Joined: Jul 2010
Posts: 2,899
American In the Pyrenees; Fran...
S
swift4me Offline
trapper
swift4me  Offline
trapper
S

Joined: Jul 2010
Posts: 2,899
American In the Pyrenees; Fran...
I remember you posting about this a while back when you were thinking about it. Good for you. Sounds like a lot fewer headaches and having a fresh canvas is a rare opportunity.

Good luck.

Pete

Re: Sold the farm and bought new one. Lessons learned! [Re: H5Farm] #6270917
07/02/18 06:49 AM
07/02/18 06:49 AM
Joined: Jun 2016
Posts: 14,105
Michigan
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Trapper Dahlgren Offline
trapper
Trapper Dahlgren  Offline
trapper
T

Joined: Jun 2016
Posts: 14,105
Michigan
sounds great enjoy

Re: Sold the farm and bought new one. Lessons learned! [Re: H5Farm] #6270954
07/02/18 08:12 AM
07/02/18 08:12 AM
Joined: Jan 2014
Posts: 2,100
NW MO
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TurkeyTime Offline
trapper
TurkeyTime  Offline
trapper
T

Joined: Jan 2014
Posts: 2,100
NW MO
Good deal. I remember it as well. So what does timber(logged or not logged) around there sell for(don't have to tell your price)? I have no plans to move but have always liked the Ozarks and have thought that it would be neat to live there.

Re: Sold the farm and bought new one. Lessons learned! [Re: H5Farm] #6270980
07/02/18 08:53 AM
07/02/18 08:53 AM
Joined: Dec 2006
Posts: 63,002
Minnesota
330-Trapper Offline

trapper
330-Trapper  Offline

trapper

Joined: Dec 2006
Posts: 63,002
Minnesota
That's Awesome! Congratulations!


NRA and NTA Life Member
www.BackroadsRevised@etsy.com




Re: Sold the farm and bought new one. Lessons learned! [Re: H5Farm] #6270986
07/02/18 09:04 AM
07/02/18 09:04 AM
Joined: Feb 2013
Posts: 1,706
Ohio
Ronaround Offline
trapper
Ronaround  Offline
trapper

Joined: Feb 2013
Posts: 1,706
Ohio
GOOD FOR YOU!
you just never know who the next neighbor or buys and messing everything up you work so hard for.
My suggestion and I take it is this.
Buy up as much as you can around you,even its its a burden, as one Never knows who will come in and ruin what you have.

Re: Sold the farm and bought new one. Lessons learned! [Re: H5Farm] #6271053
07/02/18 10:42 AM
07/02/18 10:42 AM
Joined: Feb 2014
Posts: 25,694
nm
A
adam m Offline
trapper
adam m  Offline
trapper
A

Joined: Feb 2014
Posts: 25,694
nm
Congrats

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