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Cash out...
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Boone & Crockett
Posted 9/14/2018 08:35 (#6987495 - in reply to #6987476)
Subject: RE: Cash out...


kst1 - 9/14/2018 08:24

OP was 20k/A, 1000 acres. That's 20 million. Online savings accounts available at 1.8% interest. 360,000/year in interest. I could live on that.


Sign me up.
Kyle, on my way to Chicago about a month ago, saw a Bank billboard advertising 2.5% for 18 mo CD. The cap rates of the last several years on land need to be readjusted. That will make a major impact on values when appraisers start to figure that out.
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