Thien Farm Management offers Farm Real Estate services to clients across the nation in three ways.
Looking to purchase farmland through a 1031 tax-free exchange, as an investment property, or even a recreational property? You’ve come to the right place. We specialize in helping clients find and evaluate farmland. Once we have located potential land, we will run several different financial analysis tools to ensure it meets your needs. From start to finish, we will help you successfully complete your acquisition project. Work with an expert when you’re looking to buy farmland.
Getting ready to list property for sale? We can act as on your behalf as a seller’s agent for your farmland. In this role, we will help determine listing price, list the property, market it to the public, present all offers/counteroffers, and help you step-by-step in the closing process. With use of available sales data and our depth of experience and knowledge, we are confident in working with you towards a successful closing.
Farm Real Estate Analysis
Lenders, Investors, and farm operators come to us for a complete farm real estate analysis. We use whole farm budgeting, partial budgeting, rate-of-return estimates, and cash-flow budgets to take an in depth look at the financial side of the farming operation. We then compile all this information in an easy-to-understand spreadsheet that is useful in forecasting performance of potential farm real estate investments. Gain more insight about your current operations or one you may invest in.
Our Services Include
- Locating Potential Farmland
- Running Financial Analysis of Properties
- Writing Offers
- Handling Closing Process
- Determining Listing Price of Property
- Marketing Properties for Sale
- Listing Farmland
- Farm Real Estate Analysis
- Farm Budgeting
- Partial Budgeting
- Rate-of-Return Estimates
- Cashflow Budgets
Whether you have lived on the farm all your life, inherited a farm, or have purchased a farm as an investment, Thien Farm Management, Inc. can help you make the most out of your farming operation. We offer professional farm management services throughout Iowa, Southeast Nebraska, and Northern Missouri and tailor our services based on the needs of our clients.
As professional farm managers, we believe our background and experience can set you up to meet your objectives and long-term goals to preserve your farm assets.
Both Gary Thien, AFM and ARA, and David Thien, AFM hold Bachelor of Science Degrees in Agricultural Business from Iowa State University. Adam Thien, AFM holds a Bachelor of Science Degree in Horticulture. Gary, David, and Adam are all members of the American Society of Farm Managers and Rural Appraisers. Membership in the society requires ongoing education and testing in order to achieve and maintain accreditation.
We believe in giving each service a personal touch,in maintaining close communication with our clients, and responding to any question or concerns in a timely fashion. We are always available to discuss any questions or concerns you may have regarding your farming operation or any agricultural issues, so feel at ease working with a farm management company you can trust.
Our Farm Management Services Include
- Whole Farm Planning
- Contract and Lease Negotiations
- Tenant Selection
- Commodity Marketing
- Government Farm Program Participation
- Detailed Accounting Reports
- Detailed and Extended Record Keeping
- Narrative Farm Reports and Inspections
- Wildlife Habitat Management
- Recreational Hunting/Fishing Leasing
- Soil Conservation
Thien Farm Management, Inc. provides professional rural appraisal services in Southwest and Central Iowa.
Each appraisal is a self-contained appraisal report detailing every aspect of the subject property. The Sales Comparison Approach, Cost Approach, and Income Approach are all used to analyze the subject property. We use only the most recent and most comparable farms to make our assessment. We’ve built up a large database of comparable farms and are constantly reviewing recent sales in the area, providing you with the most detailed and reliable information available.
Work with Thien Farm Management and expect accurate, professional appraisal documents that provide all the information you’ll need to informed decisions.
Our Rural Appraisal Services Include
- Estate Tax Purposes
- Eminent Domain
- Sales and Purchases
- Special Use Valuation
What is Wetland Mitigation Banking?
Wetland mitigation banks allow farmers, developers, corporations and highway and industrial developers to purchase wetland credits to replace and compensate for unavoidable losses to natural wetland areas. Before wetland credits are sold, developers must try do the following: locate an alternative development site, minimize wetland damage, and mitigate damages on-site. If all the above alternatives are unavailable the wetland credits can be sold to the developers with the approval of the U.S. Army Corps of Engineers and other agencies.
Why Do I Need It?
New regulations are being put into place that prevent the loss of natural wetlands within the U.S. borders have recently been enforced by U.S. Army Corps of Engineers. The regulations require that any damage to wetlands equaling 1/10 acre or more be mitigated, in effecting creating a no net-loss policy for natural wetlands.
How Can Thien Farm Management Help Me?
Thien Farm Management, Inc. has successfully started the first wetland mitigation bank in the State of Iowa. The G. William Coulthard Wetland Mitigation Bank is available for use for people or companies needing to mitigate natural wetland damages. The entire process of site location, permit process, and development has taken over two years and has been a great learning experience.
With our knowledge of the wetland mitigation bank process we can now offer consulting to those interested in starting a wetland mitigation bank here in Iowa or across the nation. Our consulting services range from total wetland mitigation bank development to simply answering questions about the entire process. Thien Farm Management, Inc. can locate the proper site, determine the need for a bank, prescribe a development plan, develop a prospectus, communicate with all the government agencies involved, and draft the wetland banking instrument.
Thien Farm Management, Inc. currently manages and maintains five wetland mitigation banks across the State of Iowa. Our wetland mitigation banks are located in Harrison County, Woodbury County, Tama County, Clinton County, and Jasper County.
Our Wetland Banking Services Include
- Site Location
- Assess the Need for a Bank
- Prescribe a Development Plan
- Develop a Prospectus
- Communicate with Government Agencies
- Draft the Wetland Banking Instrument