The HIDDEN COST of Owning Land | Bill Winke
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- Опубликовано: 10 сен 2024
- In this week's episode of the High Point Land Series, seasoned land owners Nick Hopp and Bill Winke discuss the hidden costs of land ownership, and how to budget for those expenses.
#landforsale #land #hunting
My son and I bought a 60 acre tract a couple years ago just to hunt on here in Georgia. We plant 3 small food plots every fall. Costs us about $150 total. We already had a 48hp Kubota, plow, and bush hog. Originally it cost us a few thousand to clean the place up and get it like we wanted it. It has a hunting club house, well, septic tank, and barn that we park tractor under. Taxes are about $600 per year. We have it in 10 yr conservation. We are planting it in long leaf pines when state approves it. State will pay most of cost of planting. I’m an old guy now. As a young boy, I always dreamed of owning my own hunting land!
We have about 4 acres of food plots now and we're not creating any more because of the cost of fertilizer. We also use an atv sprayer for glyphosate twice a year to maintain our road system. That stuff is getting really expensive as well!
Excellent podcast right here fellas! I feel like I was reliving my whole 20-year quest on Land Management listening to Bill. Very valid points, you can definitely strike a balance to own a piece of property if you cut back on equipment, new trucks and other non-necessities in life. Thanks and best of luck to all the deer hunters this coming week! Kapper
I'm having a forestry mulcher clean up some small pines for food plots. Nothing super fancy, I'm only managing 55 acres with 5 or so in plots. Do you think a 35hp tractor would be enough to come through and do some discing and cleanup to do some rough planting after those areas get opened?
@@justinthewildoutdoors Yes absolutely on a 55 acre parcel you can make things work, and make immense improvements with a 35 hp tractor. It is all about the vision, the diligence, and the effort, more so than the tractor hp or size! I harvested one of my biggest bucks on a 15 acre parcel that I developed here in So. Illinois! Oh, and the neighbors, who had 150 acres, were also perched on my property line after the same buck! Best of luck, thanks.
My county extension office has a seed driller anyone can use for free. You just have to book it pretty far in advance to get it when you want it and hope it’s not pouring down rain when you do get it. It’s also worth keeping in touch with your local soil conservation office for various programs being offered. One year the feds allocated funds for the watershed where I had hunting land which paid for putting in environmentally engineered creek crossings so fish and other creatures could run upstream through them to spawn. I had five put in at a cost of $3,500 a piece and the feds paid me $4,500 a piece for them. Another year the state sponsored an invasive plant removal and I got a few gallons of glyphosate concentrate for free. The government loves to give away money, might as well get some of it if you can.
Plots are expensive. It’s doable using no till and sticking with some combination of oats, rye, brassica and clover. Good UTV. Sprayer and cultipacker. Tractor and tilling is not required. Frost seed clover. Really don’t need to till at all. You can even clear land with just a chain saw. Leave stumps. Can be done. It’s definitely a matter of what you need versus what you want…
I'm a little late on this, and have mentioned it in other vids but so many people forget that they can RENT equipment. Yes, renting for a week and having a $1200 bill on a skid steer can hurt up front but you don't have to pay maintenance , service or upkeep. Plus you get a brand new-ish machine with low hours, creature comforts and can rent attachments. You can rent a decent HP tractor and tiller on the back for a weekend to prep food plots for pretty cheap
Great episode Thanks guys
IL landowners better worry about the property tax cost with the “right to work” amendment passed on top of already high taxes. It’s driving people out of this state, and will continue so…
As part of the you will own nothing and be happy of the great reset I think that's part of their plan is to tax many landowners their property..
I own a fairly large farm in Kentucky my property taxes aren't horrible but I really worry that they will go up to the point I won't be able to afford to own it anymore.
Just like everything else they're trying to do Force us all into electric cars trying to disarm us I'm beginning to think we no longer have a constitution in this country at least one that's paid any attention to.
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I have a tractor, bought a pretty decent used Kubota 6-7 years ago and having friends that have tractors are nice cause a lot of attachments you use once a year so I bought a brushhog and a buddy bought a rototiller, and we swap and burrow, I have the grapple, he has the rake and so on. Basically get twice the attachments and only have to buy and store half the attachments.
After I bought my farm in Kentucky I realized I needed a bigger tractor and equipment also an ATV which I didn't have before maintaining the fence an outbuildings.
I got rid of the livestock that were on the property when I bought it so basically it's just 300 acres of raw land that used to be a cattle farm.
It's about 50% woods and 50% open with a large Creek running through the middle and several small stock ponds, it's going to be a great hunting farm once I finish all the things I want to do and none of it's going to be cheap.
I will admit I love being a landowner but in many ways you're better off to lease a farm from someone for hunting because of the cost involved but I wouldn't trade owning a farm for anything in the world I leased farms for many years.
Joe Biden has two words for you, taxes.
You can do so much with just spraying and useing Rye. No fertilizer no tillage needed. I have young rye in snow right now and dont go a day with out seeing deer on my cell cam.
So true....
I have 100k tied up in a John Deere 333G alone and that's another down payment on a farm.
Tractors and drills are expensive and I can't believe how the cost of a say land pride 606NT has gone up! It's insane but a needed tool for now.
I am hoping to get an all electric Polaris ranger in the spring so I can sneak around better.
I can rent a drill at Farmers cooperative. There could be a place like that in most states.
Tile?
Joe Biden has two words for you, Taxes.