Taking Equity out of Home to Go on Guided Hunts

Oh man, catching up on this old thread.. how do you have this much commentary and then the OP does not update on how his supposed first hunt went last fall?!?

DR


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Got a ram last year on the dall hunt. Not a stud like most here post up, but he was legal. I had a great experience and was a tough hunt I'll never forget. Cant wait to get him back from the taxi

Leaving for my stone hunt in a few days! Feel much better prepared now having done the dall hunt
 
Got a ram last year on the dall hunt. Not a stud like most here post up, but he was legal. I had a great experience and was a tough hunt I'll never forget. Cant wait to get him back from the taxi

Leaving for my stone hunt in a few days! Feel much better prepared now having done the dall hunt
That's Awesome, congrats on making your dream happen!
 
Got a ram last year on the dall hunt. Not a stud like most here post up, but he was legal. I had a great experience and was a tough hunt I'll never forget. Cant wait to get him back from the taxi

Leaving for my stone hunt in a few days! Feel much better prepared now having done the dall hunt
Well done!!
Good luck on the stone hunt and please post up after 👍
 
I wonder how many people on here have said it was financially irresponsible that actually have their own houses fully paid off! Most are in a worse spot than the OP :)

The OP had his house fully paid, that is way ahead of most everyone. And a big sign of financial stability and dedication. I have no doubt it will all pay off in the end. Heck I'm not even close to paying off a house (I chose to fund a large investment portfolio instead since the interest rate return is way higher than my mortgage)

There is a good book Die with Zero by Bill Perkins that does address the premise of living life when you can. The memories will be much more valuable the longer you have them. There is a time of life for things and some opportunities you will never get back. You can usually make more money but your time is always limited.
 
My update: Alaska dall sheep hunt (Brooks Range) starts in 98 days, 17 hours, and 35 minutes…getting close (< 100 days). The training and planning continues.

My second attempt and hunt for a Dall ram. We bumped a legal ram on day 4 of my previous hunt and I vowed to get back on the mountain. Very glad that I booked this hunt in 2022 as the first available and before the outfitter base prices roughly doubled. Airfare and hotel rates from the lower 48 have increased exponentially since 2020.

Good luck to all in the upcoming draws. Summer will pass in a wink. See you on the mountain, TheGrayRider a/k/a Tom.
My update: Almost Go Time! I fly to Fairbanks a week from this Saturday for the Alaska dall sheep hunt (Brooks Range).

Signed on in January 2022 for my second attempt in the same unit after bumping a legal ram in 2020. We’ll try our hardest - very blessed, thankful, and grateful just for the opportunity.

Watching Alaska Airlines now as they had a systemwide ground stoppage this past Sunday evening. Let’s get it together AA…

Happy hunting to all this fall and see you on the mountain, TheGrayRider a/k/a Tom.
 
You know the old saying, sheep hunting requires a young man's body and an old man's wallet. I'm wanting to go on all 4 of the north american sheep hunts, as well as a few other mountain hunts while I am still physically able. I have cash flow, but not enough to pay $70K+ at a time for a hunt. My house is paid for and I could take $300K or so out of it, get a mortgage going on todays rates, then refinance in a few years once things go back down. If you look at how much hunt costs have skyrocketed over the last three years, I figure I'll be saving money to go ahead and book them now vs over the next 10 - 15 years. In the meantime, I'll enjoy the tax benefits of lowering my taxable income due to the mortgage interest. Heading to sheep show this week and right now this is my plan

Thoughts?

I had to read your post twice to really understand what you were asking. Honestly, I think there are plenty of things in life that are more important than this. To me, it actually feels like the opposite of being financially responsible
 
Got a ram last year on the dall hunt. Not a stud like most here post up, but he was legal. I had a great experience and was a tough hunt I'll never forget. Cant wait to get him back from the taxi

Leaving for my stone hunt in a few days! Feel much better prepared now having done the dall hunt

Congrats!! Good on you for pulling the trigger.. being a risk averse accountant, there is no way I could pull this off but living vicariously through you!

Please post pics/story write up of your dall hunt and have an awesome stone hunt! Good luck and keep us posted!

DR


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I wonder how many people on here have said it was financially irresponsible that actually have their own houses fully paid off! Most are in a worse spot than the OP :)

The OP had his house fully paid, that is way ahead of most everyone. And a big sign of financial stability and dedication. I have no doubt it will all pay off in the end. Heck I'm not even close to paying off a house (I chose to fund a large investment portfolio instead since the interest rate return is way higher than my mortgage)

There is a good book Die with Zero by Bill Perkins that does address the premise of living life when you can. The memories will be much more valuable the longer you have them. There is a time of life for things and some opportunities you will never get back. You can usually make more money but your time is always limited.
Here we go again.
 
I wonder how many people on here have said it was financially irresponsible that actually have their own houses fully paid off! Most are in a worse spot than the OP :)

The OP had his house fully paid, that is way ahead of most everyone. And a big sign of financial stability and dedication. I have no doubt it will all pay off in the end. Heck I'm not even close to paying off a house (I chose to fund a large investment portfolio instead since the interest rate return is way higher than my mortgage)

There is a good book Die with Zero by Bill Perkins that does address the premise of living life when you can. The memories will be much more valuable the longer you have them. There is a time of life for things and some opportunities you will never get back. You can usually make more money but your time is always limited.
Seems as if Bill Perkins thought this through pretty carefully and came up with a good plan. But what happens if your plan falls through and you hit zero long before you die?
 
Got a ram last year on the dall hunt. Not a stud like most here post up, but he was legal. I had a great experience and was a tough hunt I'll never forget. Cant wait to get him back from the taxi

Leaving for my stone hunt in a few days! Feel much better prepared now having done the dall hunt
Congrats on the Dall and good luck on the Stone’s hunt. I am off for my Stone’s hunt shortly as well. Can’t wait to hear how your hunt goes. I’ve put in 320 days of strength and cardio training since taking my Dall last July. Ready to get after it! Big investment in more ways than money.
 
Seems as if Bill Perkins thought this through pretty carefully and came up with a good plan. But what happens if your plan falls through and you hit zero long before you die?
They key is to pick a few unhealthy vices to make sure you don't.
 
Are we ever getting a photo of this ram?

5737dea9ef31e66bb68f8b02fa0838a9.jpg


AI is fun

Just jokes, OP. None of us are getting out of here alive, and we’re definitely not taking equity with us. Happy your plan is working out for you.


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