Chen Mo is a very stubborn person and a typical perfectionist.
Chen Mo was struggling until late September...
The Snow Mountain Ranch has been consuming the patience of Kroenke Investment Company. Seeing that another batch of fat cattle is about to be released, the investment company once again raised the offer... 400 million.
Chen Mo finally returned to California and flew directly to Montana. If he couldn't go there again, Kroenke Investment Company lost its patience and wanted to stop. Chen Mo had to cry.
Earning more than 300 million in two years, there is nothing more satisfying than this.
The winter in Montana is gradually getting colder and colder, and an ancient desolate atmosphere is blowing against our faces.
Chen Mo's hometown is in the Land of Abundance, which is rich in material resources and has a mild climate. It is not adapted to the alpine grassland climate of Montana.
"Brother." After coming out of the airport, Chen Mo saw Chen Chen, his wife, and Brett who came to pick him up.
Chen Mo stepped forward and hugged them.
"You are ready to sell the ranch." Chen Chen said excitedly.
Snow mountain pasture is really not a place that ordinary people can stay... It's okay for a short time, but after a long time, it feels depressing.
The sky here is very blue, and the world is extremely vast and empty.
Living here, the circle of sight is very limited. I see more cattle and sheep every day than I see people in several months.
Chen Mo smiled without answering and looked at Bright: "A new batch of cattle and sheep from the pasture are about to be put out?"
"Well. This batch is all Angus cattle. There are nearly 800 of them. A dozen of them have been slaughtered. They are all very good fat cattle. The breeding cattle on the pasture have also begun to breed in large numbers. The cattle that can be put into slaughter next year will be
Reaching more than 5,000 heads.”
The pasture originally had 3,650 adult breeding animals, and later purchased many more, as well as some good calves...
After taking a helicopter for more than half an hour and arriving at the Snow Mountain Ranch, people from Kroenke Investment Company were waiting for him.
400 million, after tax, which means that for this transaction, Kroenke Investment Company will pay nearly 500 million. Such a large-scale ranch acquisition is very rare in the United States, and the other party also has a series of additional requirements.
Chen Mo also has additional requirements.
For example, he wants to preserve the small valley and the forest farms (ginseng) on both sides of the small valley, with a total area of approximately 3,190 acres.
Kroenke Investment Company looked down upon Chen Mo's ginseng and only cared about the alfalfa planting area in the pasture, which was the valuable part.
The price has been negotiated, and all that's left are the details...
Chen Mo will definitely continue to open a ranch. Opening a ranch is a profitable business for him... and the alfalfa from the Snow Mountain Ranch, combined with other grain materials, can raise 20,000 fattening cattle every year.
Twenty thousand heads is not a lot, but it is quite a lot.
If they are all high-quality beef, it will definitely impact the price of high-quality beef in the United States...
Another agreement was signed whereby Broken O Farms cannot sell more than 300,000 pounds of prime-grade beef to the U.S. market each year, and the rest must be exported to markets outside the United States.
Chen Mo also guaranteed that high-quality alfalfa will not spread across the board...
Negotiations lasted for a whole month, and the price dropped from the original 400 million to 355 million. Kroenke Investment Company was responsible for all costs incurred in the transaction, as well as paying Chen Mo's fees...the actual cost was 416 million US dollars.
Chen Mo only had 200 million in money, plus 155 million in stocks and bonds.
The ranch is packaged for sale, but does not include Tangxia Yipin's stock and Chen Mo's property in San Francisco that originally belonged to the ranch. In addition, the cattle and sheep on the ranch, fixed assets, and even the Lamborghini Urus bought here...
The assets that Chen Mo still retained include the small valley, the real estate in the small valley, the mountains and forests on both sides of the small valley, and a Ford F150 pickup truck.
The industries in the small valley and the ginseng in the mountain forests were left to Canlby and Athol to take care of, and they could also raise some cattle and sheep... and Chen Mo increased their monthly salary to 3,500 US dollars per person.
Two families, four people, raise some beef to maintain normal expenses, and even earn some pocket money for Chen Mo...
Bright will stay here to hand over the follow-up work, and then go to California to continue helping Chen Mo.
Winter is here in Montana, and with the first snowfall, Chen Mo takes Chen Chen and his wife to San Francisco...
…
In San Francisco in November, cold sea fog enveloped the Bay Area.
Different from the cold in Montana, the cold here seems to have humidity. In the cold of Montana, the dry wind blows across the face, like a knife cutting it.
Chen Xiao took a day off and came to the airport to pick them up. The group of people didn't have much luggage, so the Lexus's rear compartment was full and they could just fit in it.
Returning to his residence in Marin County, Beiwan District, Chen Mo arranged a room for his brother and sister-in-law, and cooked dinner himself: "What are your plans for the future?" Chen Mo looked at Chen Chen: "I can invest in a ranch for you, you
Be your own boss.”
Today is different from the past. Chen Mo can spend more money. Investing in a breeding farm for his brother is very easy within his ability...
Chen Chen shook his head: "I want to continue studying with Bright."
"Okay, you make up your own mind." Chen Mo was eating and reading messages from the Business Insider website.
Chen Mo had previously bought an industrial distribution map of a large landowner in San Francisco. The information sent at that time was not complete. The family also has three large areas of land in California, a vacation estate covering nearly 5,000 acres, and a large ranch near the Central Valley.
, a more remote dry pasture...with a total area of 37,500 acres.
The Druk family has seven properties and four properties listed for sale, including a 4,935-acre resort estate in Southern California and a valley ranch (an area of 11,000 acres) near the Central Valley. The resort estate is listed for 135 million and the valley ranch is 140 million.
The listing price is on the high side, so it shouldn't be a problem to reduce the price by 30%... The last piece of land is in the northernmost part of California.
Northern California's largest arid ranch is not for sale.
Inheritance tax is a big deal for a family with a large amount of fixed assets.
Chen Mo then called Brett...
During this period, Chen Mo had seen many farms and ranches listed for sale. The largest piece of land was only 2,100 acres.
California has a large population, and it is difficult to buy a complete piece of land, or it is too dry for vegetation to grow... and it is concentrated in the northernmost and northeastern parts of California.
These two pieces of land are in Southern California, in the hinterland of the Coast Mountains in the south-central part of the country. On the map, the land is relatively flat, and there are resort estates with luxury villas, wineries, dried orchards and pastures... Of course, the location is also very remote.
On the other hand, the 20,000 acres of dry pasture in Northern California, Chen Mo has great ideas about, but the issue is too remote.
When you buy land, you don’t necessarily need to raise as many cows as you did before, as long as it can sustain daily expenses... Land in a good location can be a great fortune just waiting for it to appreciate in value.
You have to be cautious when making large investments, which is a very tangled matter.