Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Cattle Boards
Breeds Board
Update on the Kudzu- Corriente herd since we sold it.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="Warren Allison" data-source="post: 1796001" data-attributes="member: 40587"><p>Well, it will be 2025 before we could put cattle on it, unless we did the WordFeeder/Alfalfa thing on 200 acres, and sowed the other 200 in Alicia. With the cross fencing grant, we will end up with eight 50 acre pastures, so plenty of ways to rotate and not stress the Alicia out too much. But, Scott owns that 450 acres. We both bought the Kudzu place about 45 years, and we own 50% each. Well, 50% of the stock each in the S Corpo that we have it in. We have buy-sell agreement that Is insured to fund it on the first person's death. But, at Scott's place, if we did the Brama thing, I could easily have $50k or more in the infra structure, and no recourse if something happened to Scott. I am 66 and he is 67. And if something happened to me, my heirs would have no interest in that place, except for 50% of the cattle we will buy through the corporation. Scott would have to build the barn and working faciklties, and run the power and water on his own. What we would have to do, is let our corporation buy the cattle and pay the inputs, and rent the 400 acres, barns, etc, from Scott. Rent for pasture is usually $10/acre. so the corp would pay him $4k a year. And I would loan him half the money for the infrastructure, and he would pay me back at a scheduled amount each year. Way more complicated, than turning a herd of Corrs onto the place, and just collecting money when we sold calves. </p><p></p><p>What I <em>wish</em>, is that you and Clay , [USER=42970]@Sthrncwboy[/USER] , would both move down there, and we'd sell out the whole thing, and let y'all make payments every year after you sold calves! Set the payments at a small precent of the profits plus 4-5% interest or something. We could go ahead and buy that $125k worth of Brahmas, and just roll it into the note. We'd keep the 50 acre dove field, and still have the meals on opening weekend at the Kudzu place, and keep our horses and mules in the corral during hunting season, Nov- Feb. So, We'd rent y'all <em>that</em> 220 acres for just a $1 a year. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="Warren Allison, post: 1796001, member: 40587"] Well, it will be 2025 before we could put cattle on it, unless we did the WordFeeder/Alfalfa thing on 200 acres, and sowed the other 200 in Alicia. With the cross fencing grant, we will end up with eight 50 acre pastures, so plenty of ways to rotate and not stress the Alicia out too much. But, Scott owns that 450 acres. We both bought the Kudzu place about 45 years, and we own 50% each. Well, 50% of the stock each in the S Corpo that we have it in. We have buy-sell agreement that Is insured to fund it on the first person's death. But, at Scott's place, if we did the Brama thing, I could easily have $50k or more in the infra structure, and no recourse if something happened to Scott. I am 66 and he is 67. And if something happened to me, my heirs would have no interest in that place, except for 50% of the cattle we will buy through the corporation. Scott would have to build the barn and working faciklties, and run the power and water on his own. What we would have to do, is let our corporation buy the cattle and pay the inputs, and rent the 400 acres, barns, etc, from Scott. Rent for pasture is usually $10/acre. so the corp would pay him $4k a year. And I would loan him half the money for the infrastructure, and he would pay me back at a scheduled amount each year. Way more complicated, than turning a herd of Corrs onto the place, and just collecting money when we sold calves. What I [I]wish[/I], is that you and Clay , [USER=42970]@Sthrncwboy[/USER] , would both move down there, and we'd sell out the whole thing, and let y'all make payments every year after you sold calves! Set the payments at a small precent of the profits plus 4-5% interest or something. We could go ahead and buy that $125k worth of Brahmas, and just roll it into the note. We'd keep the 50 acre dove field, and still have the meals on opening weekend at the Kudzu place, and keep our horses and mules in the corral during hunting season, Nov- Feb. So, We'd rent y'all [I]that[/I] 220 acres for just a $1 a year. :) [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Cattle Boards
Breeds Board
Update on the Kudzu- Corriente herd since we sold it.
Top