Old Drake

Old Drake

Financial Services

Investment consulting firm specializing in strategies who's objectives include generating growing passive income.

About us

Old Drake is a boutique fee-only investment consulting firm specializing in strategies whose objectives include generating growing passive income for a select clientele. Over four decades investment experience as a private investor and fiduciary working in all four major asset classes. Expertise in niche strategies and services producing growing passive income for a limited clientele delivered in a consultative, tax friendly, fee sane, modest retainer based relationship.

Website
www.growingpassiveincomeguy.com
Industry
Financial Services
Company size
1 employee
Type
Self-Employed

Employees at Old Drake

Updates

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    284 followers

    🌾 This Labor Day, we’re honoring the relentless dedication of those who keep our farms and fields thriving, day in and day out. At Old Drake, we understand that the land never truly rests, and we appreciate the hard work that goes into every acre. 📞 If you're looking for expert guidance in farmland acquisition and development, reach out to us at (713) 208-9683. Happy Labor Day from Old Drake! 🌱🚜 #LaborDay #FarmLife #OldDrake

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    284 followers

    🌾 "And on the 8th day, God looked down on His planned paradise and said, ‘I need a caretaker.’ So God made a farmer." 🌾 At Old Drake, we honor the spirit, dedication, and hard work of farmers who turn the soil, sow the seeds, and nourish the land that feeds us all. Every acre has a story, and every farmer is a steward of that legacy. 🤝 Whether it’s preserving farmland or developing it with purpose, we’re here to support those who grow our future. 🌱 📞 Let's talk about how we can help: (713) 208-9683. #SoGodMadeAFarmer #FarmLife #LandStewards #AgricultureMatters

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    📉 Market Shifts Ahead 📉 The Illinois farmland market has seen some adjustments in the first half of 2024, with Class A acreage values dropping around 5% and Class B&C acreage experiencing an 8-10% decrease. This softening, largely driven by lower commodity prices, is expected to bring down average cash rent rates, potentially declining by 7-8% in 2025. At Old Drake, we’re monitoring these trends closely to navigate opportunities amidst the market shifts. Whether it’s time to buy, sell, or hold, we're here to guide you through the changing landscape of farmland investments. 📞 Let's talk strategy: (713) 208-9683

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    Contrary to popular belief, Iowa's farmland isn't dominated by distant landlords. In fact, Iowa State University's Farm and Rural Life Poll shows that 36% of non-operator landowners live on or very close to their land, with another 24% residing within the same county. Additionally, 44% of farmers say their primary landlord is a relative, and 28% consider them a family friend. At Old Drake, we value these local connections and the role they play in sustainable land stewardship. Let's work together to ensure our farmland thrives for generations to come. 🌾 Learn more with Old Drake. 📱(713) 208-9683 #FarmlandForTheFuture #SustainableAgriculture

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    284 followers

    🌱 Maximizing Farmland Potential with CRP 🌱 At Old Drake, we emphasize the importance of the Conservation Reserve Program (CRP) when acquiring and improving farmland. The CRP is a government initiative designed to enhance the long-term health of the land while boosting investment returns for owners. By enrolling in CRP, landowners can: 1. Improve Soil Health: CRP practices help prevent soil erosion and increase organic matter, leading to more fertile and productive land. 2. Enhance Water Quality: Reducing runoff and improving water filtration helps maintain clean and sustainable water sources. 3. Support Wildlife Habitats: Establishing natural vegetation provides crucial habitats for local wildlife, promoting biodiversity. 4. Financial Incentives: Landowners receive annual rental payments and cost-share assistance for implementing conservation practices. Unlock the full potential of your farmland with CRP. Contact us today to learn more about how this program can benefit your investment. 📞 (713) 208-9683 #OldDrake #FarmlandInvestment #CRP #Conservation #SustainableFarming #LandDevelopment #SoilHealth #WaterQuality #WildlifeHabitat #FinancialIncentives

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    284 followers

    In the past two decades, the Midwest has lost 1.06% of its farmland, amounting to 1.6 million acres. Ohio State University analysts reveal that half of this loss was due to development, with large urban areas being the primary culprits. Urban expansion accounted for 81% of the land lost to development in the Midwest. States like Iowa, Illinois, and Missouri have been particularly impacted. At Old Drake, we recognize the importance of preserving agricultural land and the need to balance development with sustainability. Interested in learning more or discussing how we can contribute to sustainable farmland development? Reach out to us at (713) 208-9683. #FarmlandPreservation #SustainableDevelopment #MidwestAgriculture #OldDrake

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    284 followers

    🌾🔆 At Old Drake, we believe in the harmonious coexistence of agriculture and renewable energy. The Madison Fields Solar Farm in Ohio is pioneering this approach by integrating solar panels with crop growth on 1,000 acres of land. This project explores the potential of agrivoltaics, where crops like wheat, soybeans, and alfalfa are grown between solar panels, showcasing a future where farming and clean energy work hand in hand. As we explore innovative solutions, we are excited to see how these initiatives will shape the future of sustainable agriculture. Let's build a brighter, greener tomorrow together! 🌱✨ Read the full story at: https://lnkd.in/eyQkg9SV #Agrivoltaics #SustainableFarming #RenewableEnergy #OldDrake #FarmingInnovation

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    🌾 Bill Gates: A Major Player in U.S. Farmland 🌾 With a net worth of $132.2 billion, Bill Gates has diversified his investments, notably acquiring around 270,000 acres of U.S. farmland—approximately 1/4000 of all U.S. farmland. But why is Gates, traditionally known for his tech empire, focusing on this asset class? Farmland offers a hedge against inflation, with its value rising alongside inflation rates. For instance, U.S. farmland values increased by 10.2% in 2022, outpacing the average inflation rate. At Old Drake, we understand the strategic importance of farmland investments. Whether you're an investor or a landowner, we're here to guide you through the complexities of farmland acquisition and development. Contact us today at (713) 208-9683 to learn more about the benefits of investing in farmland. #FarmlandInvestment #OldDrake #BillGates #Agriculture #InvestSmart

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    Got Black Walnut? 🌳 Discover the power of opportunistic timber harvesting with Old Drake! Investing in black walnut not only enhances your land's value but also offers numerous benefits. From fine furniture and cabinetry to flooring and even natural dyes, black walnut is a versatile resource with a high return potential. By focusing on sustainable harvesting, you can improve your land while reaping the rewards of this valuable timber. Ready to maximize your farmland investment? Contact us at (713) 208-9683 to learn more! #OldDrake #FarmlandDevelopment #TimberHarvesting #BlackWalnut #SustainableInvestment

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