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Corey Hillebo

👤 Speaker
2799 total appearances

Appearances Over Time

Podcast Appearances

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

It's very, very...

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

Hit and miss.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

Hit and miss, location based.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

What about low quality ground?

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

Maybe your bottom ground, maybe a little bit of timber mixture into it, less tillable.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

I think that's dropping actually.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

So I've seen a lot of guys in our area that had $5,000, $6,000 ground that four years ago, going back to COVID even, heck, you could have bought it at $35,000.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

It shot all the way up and now it's kind of regressing.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

It's coming back just a touch.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

i think but those are the folks that want the hunting ground but maybe have the side job but there's not a lot of income from it like you're talking tanner so that's a stack of hats shout out to the three hat girl wow both of them they both have three hats on so now let's talk equipment right we got a little feel for what the land market's doing what are we seeing on the equipment side are we seeing a little bit more rapid depreciation or are we holding tight

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

I was going to say.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

What about grain facilities?

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

I thought that's what I was telling you on the grain facility.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

They could versus taking it all, basically taking off that lease payment.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

And being able to spread that out.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

So if I rent it to you, it's a rent-to-own program, really.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

And then I'm renting it, leasing it from AgFi.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

And then once I lease it, at the end of it, do I buy it for a dollar or something?

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

Of course, we've got listeners that don't trust the USDA, though.

Farm4Profit Podcast
Strong on Paper, Tight on Cash : Here’s What Lenders Are Watching

Yeah, that's true.