Building A Cabin Step 1: Creating A Budget | Great Days Outdoors

Building A Cabin Step 1: Creating A Budget

This is Huntin’ Land, the podcast for landowners and land hunters. If you like to stay up to date on hunting tactics, land management, land values, and land market dynamics, this is the podcast for you. On this episode, Clint and Joe talk with Dale Williams, Vice President Relationship Manager at Alabama Ag Credit, about properly budgeting and financing for building a cabin. They will cover why you should budget, how much you can spend, and how much you should spend. This is part 1 in a multi-show series and might be the most important if you ever want to build that dream cabin.

 

 

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As a landowner, it is important to know what your land is worth. You may find yourself asking the questions like,  “how much is my land worth today,” “how much is my land worth per acre,” “how much is timberland worth,” “what is my farmland worth,” “how much is agricultural land worth,” and other such questions. Many factors go in to determining the value of land and seeking out the wisdom of experts is a great place to find the answers to your questions.

Each week, on the Huntin’ Land Podcast, we will bring in various experts to help provide answers to the important questions landowners have.

Building a Cabin Step 1: Creating a Budget

Why should you create a budget?

  • not over improving the land
  • getting your money back at resale
  • getting a loan

How Much Can I Spend?

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What factors go into financing an improvement on land you already own?

  • if the land is currently financed / if the land has no loans on it currently
  • personal credit worthiness
  • current interest rates

How Much Should I Spend?

Making the right improvement based on the type and size of land you own

  • what questions should someone ask themselves do determine the right amount to spend on improvements
  • does Alabama Ag Credit guide their borrowers in determining the right amount of improvements?

 

This week’s show has been brought to you by Joe Baya and Clint Flowers, members of the top producing team at National Land Realty, the fastest growing and most innovative land brokerage in the nation. With hunting season right around the corner and interest rates at historic lows, now is a great time to be buying or selling land. If you want to learn more, shoot us an email at pros@landhuntin.com or call us at 855-NLR-LAND.

 

HLP Ep 96: Building A Cabin Step 1 Creating A Budget

 

Show Sponsors:

Alabama Ag Credit

Alabama Farmers Cooperative

MB Ranch King

Photonis

SunSouth

Brush Clearing Services

Buck’s Island Marina

Boater’s List

Southern Seed And Feed

The Hunting Exchange

National Deer Association

Tune in each week as we bring in various experts to help provide answers to important land owner questions like, “how much is my land worth today,” “how much is my land worth per acre,” “how much is timberland worth,” “what is my farmland market worth,” “how much is agricultural land worth,” and other such questions. Many factors go in to determining the value of land and seeking out the wisdom of experts is a great place to find the answers to your questions.


 

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