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View Poll Results: Which one do you pick?
Kansas + $250,000 annual stipend 13 23.64%
Delaware + $441,000 annual stipend 39 70.91%
Gosh, I can't decide. 3 5.45%
Voters: 55. You may not vote on this poll

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Old 10-14-2021, 10:38 AM  
Rain Man Rain Man is offline
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Mansionmania Tournament: Round 1, Heat 12

Mansionmania continues. I'm going to show you the most expensive homes in every state and a few territories, with a few extras thrown in from the largest states to get the tourney up to 64. It'll be a single-elimination tournament.

You will choose among each pair of houses with the following assumptions:
  • The purchase price for you is $0.
  • All maintenance, utilities, property taxes, and cleaning is included.
  • You must live in the home for the rest of your life.
  • You can't travel more than 100 miles from home (via google maps drive time) other than 1 two-week vacation each year.
  • You get $250,000 per year as a living allowance
  • You get an additional living allowance at the cheaper home, which will be valued at 1% of any cost difference annually. I will note this amount in the poll.
  • You get the furnishings. If unfurnished, you get an allowance that will give you mid-grade furniture in every room.
  • You get any vehicles in the garage. But only the garage - nothing parked outside.

I encourage you to click on the maps in the listings to see the general location and neighborhood.

Also, I will only enter contestants if they have a sufficient number of photos to judge, as determined by me.

Your entries in this heat are:


Kansas:

https://www.realtor.com/realestatean...8_M98451-43225

Delaware:

https://www.realtor.com/realestatean...0_M58295-90451
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Old 10-14-2021, 11:13 AM   #16
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This is the first heat where I would turn down the offer entirely. I'm good.
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Old 10-14-2021, 11:14 AM   #17
Buehler445 Buehler445 is offline
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Originally Posted by DJ's left nut View Post
Speaking of irrigation, I'm assuming the reason every one of those sections in the satellite image has a massive circle in the middle of it is because of center-pivots?

I knew there were plenty of 'em out there but I didn't realize they were quite that pervasive.
That part of the world is hugely irrigated. In the water table there are like stones, instead of sand, so water flows into wells really easily. It's deep and takes some power to get out, but there are some big ass wells up there. Part of Wallace County is in my GWMD and they're trying to get some restrictions on it up there, but currently the pumping limits up there are 2 Acre Ft/allocated acre. And places up there can hit it.

For reference, my farm is about 30% irrigated, dads is less than 10%. And none of our systems pumped over 12 ac/in (half the allotment) for a lot of years now.

It's definitely different up there.
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Old 10-14-2021, 11:16 AM   #18
Buehler445 Buehler445 is offline
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Who would actually buy that Kansas house? Lot of farmers have 25 million to spend or qualify for loans?
There are a couple (not me), but I'm guessing they're looking for outside money with that particular post.
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Old 10-14-2021, 11:25 AM   #19
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Damn it....I was hoping this was going to be the Kansas entry so I could keep arrowhead within 100 miles....zero interest in Sharon Springs...if we're talking driving distance, I can't even get to Garden City....

https://www.realtor.com/news/unique-...ld-water-park/
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Old 10-14-2021, 11:36 AM   #20
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Give me Kansas, I love being alone and like farming. Perfect combination for me, well the Wyoming house is my dream house but this would do
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Old 10-14-2021, 11:39 AM   #21
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Originally Posted by Buehler445 View Post
Under the rental agreement with my landlord that pays nothing except property tax, if the irrigated will yield what it says, nothing for the grass (I can get you something), and a real conservative number on the dryland, I'd be paying you in the neighborhood of 2.2 Million for 2021, plus I could probably get you $.1/bu bin rent, that would get you another 24 K. If you were interested in renting the shop, probably 20K ish provided there is water I could get out at Volume.

Let's just say 2.25M for this year.

Looks to me like if you liquidate the equipment, sight unseen, you're looking at another 1.5 -2M

I'd definitely be interested in renting that.

Wait, wait, wait. So you're saying that my annual stipend for Kansas would go up from $250,000 to $2,750,000 with only a little contract signing work? If that's the case, I might enjoy living on an isolated farm.

But still...how am I going to spend that money? Garden City is 99.9 miles away, so I can get there.

Maybe I'd devote my time to building a giant pyramid or something.
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Old 10-14-2021, 11:48 AM   #22
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And wait - if I got a $25 million loan at 5 percent (just guessing), that's a payment of $1.25 million per year. And you'd pay me $2.25 million a year to use the land?

(Logs onto checking account to check balance.)
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Old 10-14-2021, 11:55 AM   #23
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Farm ownership loans are at 2.5 percent from the USDA.

https://www.fsa.usda.gov/news-room/n...ural-producers
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Old 10-14-2021, 11:58 AM   #24
Buehler445 Buehler445 is offline
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Wait, wait, wait. So you're saying that my annual stipend for Kansas would go up from $250,000 to $2,750,000 with only a little contract signing work? If that's the case, I might enjoy living on an isolated farm.

But still...how am I going to spend that money? Garden City is 99.9 miles away, so I can get there.

Maybe I'd devote my time to building a giant pyramid or something.
Yeah. At 5.25 corn.

Colby has reasonable amenities, but nothing to do. Real answer is a personal chef and a helicopter, then build whatever you want to do. Unless you want to get to **** you money, then we can work the lease a little harder, leverage the equity in land, buy a bunch of other farms, and after their paid off, then you can have **** you money on the back of my labor.
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Old 10-14-2021, 12:01 PM   #25
Buehler445 Buehler445 is offline
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Farm ownership loans are at 2.5 percent from the USDA.

https://www.fsa.usda.gov/news-room/n...ural-producers
Yeah, you won't qualify for those.
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Old 10-14-2021, 12:03 PM   #26
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Farm ownership loans are at 2.5 percent from the USDA.

https://www.fsa.usda.gov/news-room/n...ural-producers
If you do this, I want in.
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Old 10-14-2021, 12:06 PM   #27
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Originally Posted by Buehler445 View Post
Yeah, you won't qualify for those.
Is it because of those emails that I sent to Gruden?

We'll figure this out. Maybe we can mobilize the chiefsplanet investing club. I think your labor can make me - er, us - a rich man.
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Old 10-14-2021, 12:07 PM   #28
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If you do this, I want in.
You're in. We've got momentum building.
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Old 10-14-2021, 12:11 PM   #29
Buehler445 Buehler445 is offline
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Is it because of those emails that I sent to Gruden?

We'll figure this out. Maybe we can mobilize the chiefsplanet investing club. I think your labor can make me - er, us - a rich man.
If you can get it from a bank, it's better. USDA sucks.
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Old 10-14-2021, 12:16 PM   #30
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Damn it....I was hoping this was going to be the Kansas entry so I could keep arrowhead within 100 miles....zero interest in Sharon Springs...if we're talking driving distance, I can't even get to Garden City....

https://www.realtor.com/news/unique-...ld-water-park/
Now THAT place would get my vote...
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