The Land Podcast - The Pursuit of Land Ownership and Investing

Welcome to the land podcast, a platform for people looking to educate themselves in the world of land ownership, land investing, staying up to date with current land trends in the Midwest, and hearing from industry experts and professionals. On today's episode, we are back in the studio with Connor Lokar. We discuss: - Connor sizes up the economy as "three yards and a cloud of dust," with industrial production at a 4.5-year high. - Connor explains why new homes, autos, and boats and RVs are struggling with rates and a glut of used COVID inventory. - Connor expects to see a mortgage rate starting with an 8 or 9 before one that starts with a 4 or 5. - Connor explains why a Fed rate cut can lower prime for land loans while mortgage rates climb with the 10-year. - Connor blames government debt and money printing for what land, mortgages and credit cards cost today. - Connor tells younger buyers that cash beyond three months of expenses "should be poison" with inflation where it is. - Connor recommends a one-to-two-year farm emergency fund and agreeing on an exit line with your spouse ahead of time. - Connor says carrying land debt is fine, but not stacked on an 84-month truck loan and a home equity line. - Connor lays out ITR's call for a five-year "great depression" from about 2030 to 2035, with stocks down 40-45%. - Connor explains how data centers turned a client's $40 million warehouse into a $60 million one in 24 months. And so much more! Chapters: 0:00 An economist's odds on a 2030s Great Depression 0:53 How's the economy right now? 3:03 Where the economy is weak: housing, autos, boats and RVs 8:59 Where interest rates are headed next 13:43 Prime vs. mortgage rates, explained 21:15 Is now a good time to buy land? 29:42 The farm economy and future land supply 35:13 What could trigger a big drop in land values 38:20 Farm emergency funds and land as an inflation hedge 43:36 Carrying debt on land, and the '80s farm crisis 49:05 ITR's forecast for a 2030s Great Depression 55:00 Data centers and the cost of building 1:00:30 How likely is it, and where to follow Connor Thanks again for all of the support from our partners—none of this would've been possible without them! - Buck Land Funding: https://www.firstbankers.com/bucklandfunding  -Hawke Optics | Use Code WHTL for 15% off: https://bit.ly/hawkeoptics_  -OnX: https://bit.ly/onX_Hunt  -Painted Arrow: bit.ly/PaintedArrow  - Latitude Outdoors: https://www.latitudeoutdoors.com/  - Use code 'HOFER' to save 10% off at www.theprairiefarm.com  - Massive potential tax savings: ASMLABS.Net

Welcome to the land podcast, a platform for people looking to educate themselves in the world of land ownership, land investing, staying up to date with current land trends in the Midwest, and hearing from industry experts and professionals. On today's episode, we are back in the studio with Steve Hanson. We discuss: - Steve explains why he stepped away from outfitting and wanted to spend more time hunting again. - Steve describes how Iowa's nonresident draw and public-land camera rules shape hunting access. - Steve says premium Iowa hunting farms still command strong prices while average farms have plateaued. - Steve weighs access, wind, food, and neighboring buyers when evaluating a hunting property. - Steve recalls buying a $430-per-acre farm after passing on a $350-per-acre strip mine. - Steve explains why records matter when a chain of 1031 exchanges is eventually unwound. - Steve considers why higher rates and thin cash flow make land purchases harder to justify. - Steve connects Iowa's nitrate concerns, corn production, and stream buffers to land values. - Steve shares Iowa's right-hand fence rule and a 16.5-foot strip missing from a farm title. - Steve favors one $1 million farm over four smaller ones, despite attention from neighbors and drones. And so much more! Chapters: 0:00 One big farm or four smaller farms? 2:30 Why Steve stepped away from outfitting 7:34 Public-land trail cameras and hunting pressure 10:50 What premium Iowa hunting farms are worth 15:18 Steve's first farm and finding value 19:35 Tracking 1031 exchanges and tax basis 25:27 Can hunting land ever pencil out? 29:53 Iowa water quality and farmland values 36:22 How interest rates affect land deals 38:26 Fence law and hidden title problems 47:03 The big-farm tradeoff: control versus attention 50:28 Turning $100,000 into land equity Thanks again for all of the support from our partners—none of this would've been possible without them! - Buck Land Funding: https://www.firstbankers.com/bucklandfunding -Hawke Optics | Use Code WHTL for 15% off: https://bit.ly/hawkeoptics_ -OnX: https://bit.ly/onX_Hunt -Painted Arrow: bit.ly/PaintedArrow - Latitude Outdoors: https://www.latitudeoutdoors.com/ - Use code 'HOFER' to save 10% off at [www.theprairiefarm.com](https://www.theprairiefarm.com) - Massive potential tax savings: ASMLABS.Net

Welcome to the land podcast, a platform for people looking to educate themselves in the world of land ownership, land investing, staying up to date with current land trends in the Midwest, and hearing from industry experts and professionals. On today's episode, we are back in the studio with Bryan Tanner. We discuss: - Bryan explains the six-times rule of thumb he used to price pipeline right-of-way offers in oil and gas. - Bryan buys a 20-acre owner-financed Montana parcel six months before the Yellowstone boom hits. - Bryan says his 5- to 50-acre tracts routinely double or quadruple in value over two to three years. - Bryan knows a trend has peaked when lower-third parcels start selling at full market value. - Bryan makes the case for 8- to 10-acre tracts that consistently kill big bucks in Buffalo County. - Bryan's client allowed zero hunting on 700 Ohio acres and had no deer over 155 inches four years later. - Bryan's investors make $143,000 in three weeks on a 110-acre farm that sat unsold for a year and a half. - Bryan values a central Ohio farm listed at $6,000 an acre closer to $2,500 for a deer hunter. - Bryan builds a 40-foot wildlife crossing over a drain after deer start using his access culvert. - Bryan admits he passed on deals for years out of analysis paralysis and was wrong every time. And so much more! Thanks again for all of the support from our partners—none of this would've been possible without them! - Buck Land Funding: https://www.firstbankers.com/bucklandfunding -Hawke Optics | Use Code WHTL for 15% off: https://bit.ly/hawkeoptics_ -OnX: https://bit.ly/onX_Hunt -Painted Arrow: bit.ly/PaintedArrow - Latitude Outdoors: https://www.latitudeoutdoors.com/ - Whitetail Master Academy https://www.whitetailmasteracademy.com - Use code 'HOFER' to save 10% off at [www.theprairiefarm.com](https://www.theprairiefarm.com) - Massive potential tax savings: ASMLABS.Net Chapters: 0:00 Intro 0:57 Meet Bryan Tanner 2:22 21 Years In Oil And Gas Land Work 5:17 How Eminent Domain Really Works 8:02 Why Companies Won't Just Pay 20X 12:33 The Six-Times Rule For Right-Of-Way Offers 16:43 Why He Buys Small Tracts 17:22 Buying Montana Before Yellowstone Took Off 23:20 How He Knows When To Sell 25:14 Finding The Next Buffalo County 30:55 Big Bucks On 20 Acres In Western Illinois 32:20 Hunting A Small Tract Next To An Outfitter 35:02 EHD And The Coming Shift In Herd Management 39:25 Where The Deals Are Right Now 41:42 Biggest Mistakes Land Buyers Make 45:30 Be Careful About Market Value 47:06 Flipping 110 Acres In Three Weeks 51:37 Cheap Improvements That Sell A Farm 56:31 Building A Wildlife Crossing Over A Culvert 59:01 Advice To His Younger Self 1:01:09 Where To Find Bryan