Buying a Dream Farm and Selling It To Bill Winke in 2007? Meet Steve Hanson!

Join this conversation with Steve Hanson as we discuss your journey to owning a hunting land. We discuss the land market since the 1980s farm crisis, common mistakes in the land buying process, and the importance of funding your land deal correctly. Steve encourages land owners to expand their search horizons. Once you have committed to buying a farm, be aggressive. If you see what you want, buy it. Do not wait for the perfect timing because that is just a fallacy. There are always good deals anywhere and every time. Being aggressive does not cost anything. Everybody can be aggressive. Steve Hanson is the owner and operator of Straight Arrow, which was established in1995. Steve began his career guiding hunters in Alaska. He did this for several years before moving to Southern Iowa and guiding for trophy whitetails. He now owns, lease, and have access to over 20 farms in 3 different counties totalling more than 6,000 acres. During this episode, you will learn about: [00:01] Introduction to the episode and pre-show talk [04:58] A bit about our today’s guest; Steve Hanson [06:14] How he moved to Alaska from Illinois [09:46] Steve’s advice to people operating hunting trips in Alaska [11:16] How he found himself located in Iowa Zone 5 and what he loved about the location [13:29] Steve’s first decision to own land, financing method, & how the process went about [16:25] Overview of the 1980s farm crisis in the Midwest [18:10] Terms of bank financing at the time of his first purchase of land [26:07] Is real estate the way to go for investments? [29:02] Steve’s work before getting into land investment [35:20] Factoring the cost of timber on a farm [43:26] The game changer of having giant whitetail on his farms [47:03] Lessons from the market cycles he has witnessed [50:42] Why Steve values land as the best decision he ever made [52:24] The life-changing lessons he has learned along the way [54:05] The biggest problems he has faced and fixed in the past [56:34] You can buy your first farm today [57:48] Steve’s dream location if he was to move from Alaska [01:00:18] Golden key nuggets from the guest and how you can connect Notable Quotes from the Episode Looking at 8 to 10 different farms, you will know when a good deal comes up because you will have a reference for what you will be looking for. There’s a lot of value to whitetail hunters for lands with “great” history. Connect with Steve: Instagram: https://www.instagram.com/stevehansoniii/ The Land Podcast: https://linktr.ee/TheLandPodcast https://linktr.ee/exodustrailcamera https://bit.ly/TheDeerGearPodcast