Comment

Comment by Dave Lindstedt on May 9, 2013 at 8:16pm

Property is zone agricultural.  One rental is a "vehicle" and licensed as such. I require no permits for any agricultural activities. Property is not in a "corporate municipality".  The concept is one of liberty, freedom and self sufficiency!  The things held in the highest esteem former generations.

Comment by Rick kolb on May 9, 2013 at 12:12am

Bring your focus back on the AP ( that is what this wall is for)  good luck getting a permit to have a COMMERCIAL AP business and two rental homes in the same zoning.

Comment by Dave Lindstedt on May 8, 2013 at 9:26pm

The major problem is the de industrialization of this nation.  I look at this property as a complete entity  with two "rental units". Current rents are $575 & $475 or maximum of $1,050 @ month.  The aquaponics farm goal is to produce $3,333 a month for a total maximum gross of $4,383 a month. Under normal conditions value 100 x the monthly gross (1%) or $438,300.  Base on existing "comps" value is more like  .37% x 100 gross X the monthly gross of a value of $162,171.  I invested $125,000 cash in this property in 2007.  Todays market value without the aquaponics farm is about $46,250.

So to put it another way, the value of my aquaponics farm that will gross $40,000 a year should have a business value of $115,000 to $116,000. That of course is lock stock and barrel including an acre and half of land.

 

Comment by Bob Stoffel on May 8, 2013 at 9:15pm

Green Acres put out this article today.  I myself keep researching Aquaponics and viability.

http://greenacreaquaponics.com/commercial-aquaponics-and-profitabil...

Moderator Comment by TCLynx on May 8, 2013 at 8:51pm

Oh and Dave, I'm not really trying to be hard on you, just trying to provide some reality check

Moderator Comment by TCLynx on May 8, 2013 at 8:35pm

I agree, barrelponics or the IBC of aquaponics or both are really very good starter systems for backyard growers.

Moderator Comment by TCLynx on May 8, 2013 at 8:32pm

So you are estimating that an aquaponic operation that grosses $40,000 in produce sales will only cost $5000-$10,000 in supplies, labor, transportation of produce, insurance, booth fees for farm markets, seeds, seed starting supplies, fish feed, electricity to run the system, supplements, testing supplies, fingerlings, and pest control?

I'm not really understanding what the rental income has to do with the aquaponics system income, I would think that they are two separate things.

Obviously you are not planning to pay yourself of whoever you have do the 3 hours per day of labor since even at $7.50 per hour that would cost over $8000 per year and remember if you are employing some one who is being paid only $7.50 per hour, the employer has to pay additional taxes and insurance above and beyond the actual wage.  So do you think that buying all the other stuff needed to run a commercial farming or growing operation is going to come up less than $2000 per year? 

Comment by Dave Lindstedt on May 8, 2013 at 8:31pm

No I am not organicly certified.  How ever co-op officials did conduct an official inspection of my operation.  Note:  I am retired military and spent 12 years as a senior instructor. So I see much room for improvement and price reduction for training secessions.  Plus possible sales of material and actual construction of systems.  I think construction of small "barrel ponics" systems, are good training devices and very practical for back yard family self use.

Comment by Dave Lindstedt on May 8, 2013 at 8:12pm

Property has a new 160 ft deep well and septic system.  Trash runs $34 @ month.  Mobile home is rented at present.  The 38 ft  park model trail has rented for $475 a month which includes all utilities. Electric bill runs about $180 monthly for the farm.  I am expanding as I go along with out of pocket cash. I have  only been selling produce for 4 full months.  Trailer should produce enough to pay all taxes, utilities and maintainence on the property.  The mobile has been totally renovated with new kitchen and bath, walk in closets and ceramic tile floors throught, should make comfortable housing for family of 4.  At $40,000 gross I would estimate $30,000 to $35,000.

This in fact is a pilot program for at least one other similar property I own.  Presently I average about 3 hours daily 7 days a week.  I do have a friend and "handyman" who I hire ocassionly for construction projects and when I travel north.

Most skilled labor jobs in the area pay $10 to $12.50 an hour with the bulk of jobs paying minimum wage or just above.

 

Moderator Comment by TCLynx on May 8, 2013 at 7:38pm

Is a Gross of $40,000 a year going to be of any use?  How much do you think you will be left with after all expenses are paid?

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