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#7041514 - 01/17/18 08:13 AM Tis a sad day......
JohnRussell Offline
Pro Tracker

Registered: 05/04/07
Posts: 1457
Loc: Cedar Creek, TX
Okay... Not sure how much this is related to "hunting" but, bear with it...

Pitchfork...Erathkid...

Suz and I have decided to sell our ranch.

Now, before we all go "noooo...!".. yes, I am doing that too, here are the reasons..and I need you guys to be my sounding board for logic because, I am sure, you all would have the same mindset.

1 - it is 5 hours away, easy....sometimes more when we have kids and lots of stops. That means that gas and food and what all costs at least $300 every time we go out there.

2 - We pay, with the loan payment, like $1500 a month just to won it. Now, that is a phone line, electricity, insurance, land, internet, whatever related to having it the way it is. AND.. it is almost all equity and paid off in like 12-ish years. So, not as bad as it sounds.. but.. wait for it..

3 - The PoA... full of jac..bad people that are pains in the rear. They leave us alone for about a year and a half then start rumors etc that cause an uproar till I smack them down and then all usually dies down for another year or so. Due to this, and the drama and whispers, so many good people we know out there and have met, no longer talk to us. We have a website where we used to get tons of conversations, helping each other out.. now, no traffic and the only people we talk to is about 4 owners. We have more friends out there, but we are the minority so, most stay low key.


Okay...

That being said.. reasons to keep:

1 - Serenity. Middle of freaking nowhere.. end of road...as long as we do not talk to the poa...deal with them.. they do not bother us except maybe every year and a half when they start more crap with us.. then it usually lasts a few months and all hell breaks loose.

2 - Exotics. TONS of things "TO" hunt....but, I get out there so seldom, I am usually fixing things and doing projects, hunting has gotten to be something I do to rest.

3 - Electricity.. the cabin.. lots of good memories there.

4 - 330 acres, we own it... well, us and our uncle....but, no-one to tell us what to do.

SO.. the deal is this:

We told our realtor that we would not ever sell unless we located something no more than 2 hours....not "from Austin" but from "our house"....i.e. when I have to go thru Austin, it adds an hour.

We will not pay 30k to add electricity...unless it is part of the deal and gets added as we buy.. i.e. we want the electricity.

We want at least a 1-2acreMINIMUM pond.. and not a mudhole.. (notice I did not say sh****lo?.. lol)..We took the kids out to a local pond, had to threaten them to stop fishing.. lol..

I want Pecan trees.. if it has those, then it has Oaks.. and not some mesquite covered scrub brush place.

At least 100 acres, prefer 250 or more, but I am realistic.

And we role every penny of our profit into the new place..... and if it has a house, great.. REAL one.. not some shanty a deer hunter glued together.. or.. we have one built like the barn we had done at the house.. heh.. so we bring all we had at the other cabin there.

So...am I crazy?

Oh, and an ag or wlm exemption not in Edwards County.. lol

I hate.. HATE to sell our place, and won't, unless we know for certain we can get the serenity we have there.....

But I want to get to my ranch more than 4-6 times a year.

Okay, besides, "you are nuts".. what would you all do?

Sorry for the long post.. I want to get a place I can hunt more.. I will bring exotics in if need be.. but I need to be able to get TO it more....but, if that place does not exist.. well, I am happy to hold what I have.

But, I think we can sell somewhere between 2300-2800 an acre.. and with that sort of cash.. we should be able to get something nice....

The guy down the road from ours just was told 110,000 dollars for HIM to get electricity. THAT.. adds value to us.

I hate that he cannot get it though frown

Russ
_________________________
Hunting is easy..it's getting permission from your wife that is tough.

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#7041573 - 01/17/18 08:43 AM Re: Tis a sad day...... [Re: JohnRussell]
Nogalus Prairie Online   content
THF Celebrity

Registered: 11/22/10
Posts: 25044
Loc: Corsicana
Only you can really answer that.
I think your answer is probably to sell though - you donít think that long and hard on something you donít really want to do.
Never heard of a POA on a 330 acre ranch, thatís a new one on me. Sorry for all the troubles.

Best of luck whatever you choose.
_________________________
Originally Posted By: Russ79
I learned long ago you can't reason someone out of something they don't reason themselves into.



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#7041605 - 01/17/18 09:05 AM Re: Tis a sad day...... [Re: JohnRussell]
doogie Offline
Bird Dog

Registered: 07/17/08
Posts: 334
Loc: Hill County
Probably sell.
2 hr drive is a good bench mark not to exceed.
But as you know, It will be hard to get all your wants , with in a 2 hours drive, for the amount you sell your current place.

Are you going to try and sell just your acres or are you going to try and sell both yours and your family members land at the same time?
$1800-$2150 per acre is about right but then you can add in value for any house/cabin you have.
PROPERTY LINK (link of a property in your area)
I would keep an eye out on Lands of Texas and have your realtor keep looking.

A mistake I made when I sold a ranch near Waco, was not having my new place lined up so I could transfer the profit from the old place into the purchase of the new.
You may want to check with your CPA so you save some taxes on the sale/profit of your current place if you coordinate it properly.


Edited by doogie (01/17/18 10:47 AM)

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#7041610 - 01/17/18 09:11 AM Re: Tis a sad day...... [Re: JohnRussell]
swmays Online   content
THF Trophy Hunter

Registered: 01/06/10
Posts: 6239
Loc: Dallas / Hopkins Co.
doogie is referring to a 1031 Exchange. Be sure to look into it.

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#7041613 - 01/17/18 09:11 AM Re: Tis a sad day...... [Re: JohnRussell]
Mr. T. Offline
Veteran Tracker

Registered: 11/05/14
Posts: 2748
Loc: Hunt in Cass County, live in T...
Sell and buy closer. Yes you will loose a lot of hunting such as exotics, but the way I'm reading it, you don't get to hunt them very much anyway. And buy where there is no POA.
I made the same decision that you are trying to make now. I had a wonderful place only two hours from my house in Fort Worth. Then I moved to Texarkana, now I'm six hours away, one way. It broke my heart to sell it but now I have a new place one hour away. My wife and I are old...70 plus, but we still enjoy working on the property, putting in food plots, etc. So, we decided that this is just a new chapter in our life. By the way, I got everything that I wanted and 1/3 more land at only 2/3 the cost. So, I did not roll everything into the new place, I left a little for me to play with and to be able to use on the land as I see fit. Example, two brand new stands.
So, the question is: if you are only getting to go 5 times a year and having to fight with the POA, can you find a place that you will like just as much and get to be there more often and not have POA to deal with.....the answer is yes you can. It will just take a little time.I spent months on landsoftexas.com to find properties. You can put in requirements like house, minimum size, maximum price, etc. In fact I found all three that I have owned looking there without an agent. However, I did use an agent when buying the properties as that was no cost to me.
One of the new stands that I bought for the wife at our new property



Edited by Mr. T. (01/17/18 09:40 AM)
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www.pagosaspringscabin.com

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#7041649 - 01/17/18 09:29 AM Re: Tis a sad day...... [Re: JohnRussell]
lmd59 Offline
Woodsman

Registered: 02/02/10
Posts: 242
We have a lake house in the hill country that we get to about once per year because it is 4.5 hours away from where we live. We bought a piece of property about 1.5 hours from our home and go there practically every weekend and love it. We're selling the lake house. When we go there - get off work on Friday take the 4.5 hour drive, get there in the dark, get everything open, Saturday - mow lawn, clean up yard and lot next to it that we own, drink a couple of beers, generally too tired to go fishing, Sunday - get up, clean house and head back home. I'd say find something closer that you can enjoy more often, but as someone said earlier - you've got to be the one to make that decision. Good luck.

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#7041666 - 01/17/18 09:37 AM Re: Tis a sad day...... [Re: JohnRussell]
Leonardo Online   content
THF Trophy Hunter

Registered: 01/03/08
Posts: 5029
Loc: Wise County
Pretty simple in my opinion. If you can't use it often, sell it. It doesn't hold much value if you can't frequent it.

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#7041667 - 01/17/18 09:38 AM Re: Tis a sad day...... [Re: lmd59]
Cast Online   happy
THF Celebrity

Registered: 12/14/08
Posts: 18553
Loc: North Texas - God's Country
Originally Posted By: lmd59
We have a lake house in the hill country that we get to about once per year because it is 4.5 hours away from where we live. We bought a piece of property about 1.5 hours from our home and go there practically every weekend and love it. We're selling the lake house. When we go there - get off work on Friday take the 4.5 hour drive, get there in the dark, get everything open, Saturday - mow lawn, clean up yard and lot next to it that we own, drink a couple of beers, generally too tired to go fishing, Sunday - get up, clean house and head back home. I'd say find something closer that you can enjoy more often, but as someone said earlier - you've got to be the one to make that decision. Good luck.


That sounds exactly like our 'weekends' at the lake place three hours away but we will try to hold on longer as it was mom and dad's place.
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Cast



I have a short attention spa

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#7041685 - 01/17/18 09:47 AM Re: Tis a sad day...... [Re: JohnRussell]
unclebubba Offline
Pro Tracker

Registered: 11/07/11
Posts: 1748
Loc: Collin County, TX
The time it takes to get there will mean a world of difference in what you can get done there. Late November, my Girlfirend's dad had a stroke while he was in the middle of a plumbing project(He's actually recovering nicely, but that's a different story), and he was obviously unable to finish. He had pipes dug up and exposed around the house, and the freeze was going to be setting in soon. Not good. If the ranch was 5 hours away, there would have not been much that could be done. Since it was only an hour and a half, I took off work one Wednesday, grabbed my brother in law, drove down and finished his project. Being that close means a whole hell of a lot. My cabin is 5 1/2 hours, and I'm lucky to get two work weekends a year. All the work has come out of hunting weekends.
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Originally Posted By: txhuntingguide
If I choose to hunt in a coon tail hat, a pink tootoo and hip waders that is my fine...

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#7041696 - 01/17/18 09:56 AM Re: Tis a sad day...... [Re: JohnRussell]
janie Offline
THF Celebrity

Registered: 08/30/05
Posts: 17766
Loc: Collin County TX
No sir, you are not crazy at all. Sell it and find something closer to home. Everything happens for a reason. Dollars to donuts, bet y'all love the new place when you find it, just as much, if not more so then your current ranch.

Good luck!
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He is your friend defender your dog. Be worthy of such devotion

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#7041772 - 01/17/18 10:45 AM Re: Tis a sad day...... [Re: JohnRussell]
Black02z28 Offline
Pro Tracker

Registered: 12/29/08
Posts: 1104
Loc: Terrell, TX
I assume a POA is like a HOA, does a POA hold the same type of power as a HOA?
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Golden Oaks Lodge
East Texas Axis and Fallow hunts
https://www.facebook.com/GoldenOaksLodge/

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#7041838 - 01/17/18 11:36 AM Re: Tis a sad day...... [Re: JohnRussell]
Ag Hunter 78 Online   content
Pro Tracker

Registered: 06/04/10
Posts: 1036
Loc: Seguin, Tx
I went with you to your place quite a while back and that was before all the improvements. it is tough to sell a place like that, but like others have advised, it might be best in the long run. I used to have a small place in LaSalle County, but it was a 4 hour drive and hardly ever got to use it. So we sold it and used the proceeds to pay down the mortgage on the house. Best approach would be to assume you have a place and you are at retirement age. From that perspective, close makes a lot of sense. From north of Austin, you might look between Llano and San Angelo. True, the prices are higher but there's exotics etc. but a much shorter drive.
_________________________
No prayer in school....What's next, no thinking in church?
It's not just about pie in the sky when you die. It's also about steak on your plate while you wait!

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#7041840 - 01/17/18 11:37 AM Re: Tis a sad day...... [Re: JohnRussell]
JohnRussell Offline
Pro Tracker

Registered: 05/04/07
Posts: 1457
Loc: Cedar Creek, TX
Thanks guys, appreciate the moral support. Not an easy thing to do... easy decision, hard to let it go even though we only had it 8 years heh.

BUT, we will build a nice place elsewhere we can enjoy more.

We will not sell till we have at least a couple places lined up. We are already looking at the 1031 exchange so we do not pay the taxes.


PoA is like HoA... and this one is so full of hate and anger...only thing that saved me was being right... still does not help. So.. no PoA/HoA is top of the list wink

Will let you all know how it works out.

It is an awesome ranch, surrounded by awesome people.. just a few minor back ends out there, but they are not close to me and cannot do anything... the real driving motive is the distance, flat and simple.

So... on the market it goes once we locate something closer:)

Thanks!

Russ
_________________________
Hunting is easy..it's getting permission from your wife that is tough.

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#7041844 - 01/17/18 11:40 AM Re: Tis a sad day...... [Re: JohnRussell]
Ag Hunter 78 Online   content
Pro Tracker

Registered: 06/04/10
Posts: 1036
Loc: Seguin, Tx
Nobody mentioned this, but if you have the mineral rights to the place, KEEP THEM! (You never know what they might find)
_________________________
No prayer in school....What's next, no thinking in church?
It's not just about pie in the sky when you die. It's also about steak on your plate while you wait!

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#7041873 - 01/17/18 11:54 AM Re: Tis a sad day...... [Re: JohnRussell]
colt45 Online   content
THF Trophy Hunter

Registered: 08/19/06
Posts: 8442
Loc: bastrop county
sell, have thought about finding something west of Austin, BUT such a pain to drive though, looking for something south and west.
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