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Started By
Message
re: Spinoff- who is the richest person in Louisiana ?
Posted on 4/13/19 at 9:23 pm to Dellybelly82
Posted on 4/13/19 at 9:23 pm to Dellybelly82
quote:
Just because I don’t own land doesn’t mean I’m not directly tied to it.
It just cheapens your argument
1
Posted on 4/13/19 at 9:26 pm to Stexas
quote:
That and it was definitely not a cash deal.
Exactly and Ben will be owing GC a lot of money for the rest of his life.
Posted on 4/13/19 at 9:27 pm to Deactived
I pay a hefty price for it yearly, I think that gives me some merit. A tenet knows the true value of the land first hand, he pays with it by the sweat of his brow.
Posted on 4/13/19 at 9:27 pm to tgrbaitn08
Who?
Posted on 4/13/19 at 9:28 pm to Dellybelly82
quote:
I pay a hefty price for it yearly,
you’re paying the landowners property taxes 
Posted on 4/13/19 at 9:29 pm to tgrbaitn08
Cost of offshore oil is too expensive to justify the premium that was paid. It’ll probably take decades for a positive ROI. Just too much shale oil to be had.
Posted on 4/13/19 at 9:32 pm to tgrbaitn08
Quit regurgitating dumb shite, back it up with facts. Rent far exceeds property taxes, that’s a week argument.
Posted on 4/13/19 at 9:33 pm to Dellybelly82
quote:
I pay a hefty price for it yearly, I think that gives me some merit. A tenet knows the true value of the land first hand,
Making money on land right now is mineral rights and lucking into development areas
This post was edited on 4/13/19 at 10:22 pm
Posted on 4/13/19 at 9:33 pm to Dellybelly82
quote:
A tenet knows the true
quote:
that's a week argument
Posted on 4/13/19 at 9:34 pm to Deactived
quote:
Making money on land right now is mineral rights and lucking into development areas
Bingo!
Posted on 4/13/19 at 9:34 pm to Stexas
quote:
Cost of offshore oil is too expensive to justify the premium that was paid. It’ll probably take decades for a positive ROI. Just too much shale oil to be had.
True on the Shelf.
But some very smart people are putting billions into deepwater. Shale is very short cycle. That makes it less risky on a well basis. But it also means constantly drilling new wells.
Deepwater is on a thirty to forty year cycle.
Posted on 4/13/19 at 9:35 pm to tgrbaitn08
I just looked it up for Louisiana it’s .51%, so come at me with something better than that.
Posted on 4/13/19 at 9:36 pm to Dellybelly82
quote:
Dellybelly82
I’ve got some oceanfront property in Arizona that I’d like to rent you.
Would you be interested?
Posted on 4/13/19 at 9:36 pm to Tiger Iron
Have my family been mentioned? Every time you take a bite of a sammich your ole lady brings with your beer, that’s money in my pocket.
Posted on 4/13/19 at 9:37 pm to Tiger Iron
This post was edited on 4/14/19 at 1:38 pm
Posted on 4/13/19 at 9:38 pm to Deactived
Renting the land is not where the money comes from, it’s producing crops that gross 1000 an acre. That’s not my argument, you have to work your on land.
Posted on 4/13/19 at 9:39 pm to Dellybelly82
So now the renter is the money maker?
The owner is just whatever
The owner is just whatever
Posted on 4/13/19 at 9:43 pm to Deactived
The goal is to own and work your own land. My argument was never about making money renting land. You brought that into the equation and ran with it.
Posted on 4/13/19 at 9:43 pm to Dellybelly82
quote:
I just looked it up for Louisiana it’s .51%, so come at me with something better than that.
Honestly I didn’t know what state you’re leasing your land in, La is higher due to mineral rights and crooked politicians, it’s different in Miss and Alabama
But still, land owners aren’t getting rich leasing to goat farmers like yourself.
Posted on 4/13/19 at 9:46 pm to Deactived
quote:
So now the renter is the money maker?
The owner is just whatever
The owners get to reap the government incentives and the money on the lease
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