Jimmy Winemiller is an accomplished real estate investment professional who has experience as a buyer, seller, and representative in transactions involving a range of property types, from large tracts of farmland to outlet malls. Jimmy Winemiller has also enjoyed success in the horse racing profession.
In 2013, for example, Winemiller’s horse Wine Princess concluded a successful career with an emphatic win by nearly three lengths over favorite Don’t Tell Sophia at the 98th Falls City Handicap (Grade II), held at Churchill Downs. Wine Princess entered the race as the third favorite in the eight filly race, having suffered a more than two-lengths loss to Don’t Tell Sophia at Chilukki (Grade II) just weeks earlier. Bred in Kentucky, the chestnut filly finished the 1 1/8-mile fast track with a time of just over 1 minute and 12 seconds, the second best time at Fall City since 2002. The daughter of 2004 Horse of the Year Ghostzapper, Wine Princess finished her 13-race career with five victories and five runner-up performances.
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Jimmy Winemiller has completed a number of his transactions over his career as a real estate agent and investor. In addition to deals involving residential real estate, Jimmy Winemiller has bought and sold several agricultural properties. These include Iron Horse Farm, which Calfneck Capital Corporation purchased from him in 2012.
Agriculture real estate, for the most part, is considered parcels of land that abut a structure (building) and are typically used for the production of some commodity. For those considering an investment in agricultural real estate, buyers and sellers should keep in mind the following tips. 1. Investors should work with a land professional who, at minimum, belongs to an organization like the Realtors Land Institute and, even better, holds certification as an Accredited Land Consultant. 2. Investors should plan to keep the property for an extended time because any return on investment might not arrive for up to 10 years. 3. As with all real estate, investors should be aware of their own emotions, as it is easy to make unsound emotional decisions when purchasing property. In the process of considering a purchase or sale of an agricultural property, investors should work to stay objective and, if the time or price is not right, be willing to walk away from a deal. For those who follow these tips, owning farmland has many advantages. For one, it can serve as an income stream. Landowners can rent the property, farm it themselves, or share crop to make money. Furthermore, in recent years, farm land values have increased, making agricultural real estate a good long-term investment. Jimmy Winemiller is the operator of the Dahomey Plantation in Bolivar County, Mississippi. As part of his responsibilities, Jimmy Winemiller manages the functioning of 166 irrigation wells and a substantial tailwater recovery system.
Tailwater is excess surface water drained from a field under cultivation. By capturing this runoff water to reuse for crop irrigation, tailwater recovery systems promote conservation. Tailwater recovery systems can extend the life of farmland for future generations and reduce fuel and fertilizer costs associated with irrigation. The price of installing the system varies since landscapes are different. Installing the system on landscapes with existing ponds and ditches can have a significantly lower cost and reduce the amount of sacrificed soil. These systems also require maintenance, with the amount of upkeep depending on the specific system and the volume of sediment the system receives from the field. An experienced business leader with a wealth of experience in real estate development, Jimmy Winemiller spearheads a number of independent initiatives and serves as an agent for Brevard Harbor Edge with Martin County Florida Farm. Jimmy Winemiller formerly represented Blue Lake Farms in its sale of the Crossville Outlet Mall in Crossville, Tennessee. An inside shopping mall that houses a number of diverse retail shops, the Crossville Outlet Mall is located at 228 Interstate Drive just off of I-40 on Crossville’s far northern side. Stores that occupy commercial space in this mall include Maurice’s, the VF Outlet, Rack Room Shoes, Pet Supply World, Leggs Hanes Bali, Uniform Destination, and Vitamin World. The Crossville Outlet Mall is also home to the Crossville Model Railroad Club, which maintains the biggest mall-based model train display in the United States. To accommodate members of the general public who need spaces for business meetings or personal events such as weddings and baby showers, the Crossville Outlet Mall also contains the expansive Crossville Event Center. For more than 50 years, Jimmy Winemiller has purchased and developed land throughout the southern United States. Among his properties, Jimmy Winemiller purchased 5,800 acres of farmland outside Marksville, Louisiana, and 4,500 acres of farmland near Alexandria, Louisiana. After farming both land parcels for three years, he placed both properties in the U.S. Wetlands Reserve and Conservation Reserve Programs.
A voluntary federal initiative, the Wetlands Reserve Program offers financial assistance in exchange for conservation land easements to landowners seeking to rehabilitate wetlands. To date, landowners in the U.S. have placed more than 2.3 million acres of wetlands in the Wetlands Reserve Program. Here are some of the benefits of participating in the program. 1. The federal government provides cost-sharing payments to facilitate wetland rehabilitation at a variety of levels. For instance, if a landowner offers a 30-year easement to the land, the government will pay 50 percent of the total rehabilitation costs, and the government may pay up to 100 percent of the total cost for a permanent easement. 2. The owner still controls access to the land after the easement. 3. If the owner desires to provide the public with access to the land for fishing, hunting, or other public uses, he or she may do so as part of the easement contract. 4. Restoring America’s wetlands results in multiple environmental benefits. Water quality improves, groundwater is recharged, birds and other wildlife prosper, and the land’s beauty increases. An entrepreneur and real estate professional with over four decades of experience, Jimmy Winemiller of Memphis, Tennessee, has owned and managed several agricultural properties throughout the US including Blackhawk Plantation, Pritsker Tensas River Farm, Angelina Plantation, and Dahomey Plantation. Jimmy Winemiller also owned and operated Iron Horse Farm, a successful thoroughbred horse breeding and training operation.
Working with horses safely requires an understanding of their common body language to gain clues as to what they are thinking. An explanation of key equine body language involving the ears and head is provided below. When a horse’s ears are turned outwards and to the side, she may be sleeping or relaxed and not actively paying attention to her surroundings. Noticing this ear position is important so you don’t startle her and provoke a dangerous reaction such as whirling or striking out. When the ears are turned backward but not pinned, this means the horse is focused on hearing something behind her, whereas rapidly swiveling ears indicate she may be feeling anxiety and is overwhelmed, or is very alert and attempting to find the source of an unsettling noise or smell. A horse with a lowered head is typically feeling well and relaxed, whereas an elevated head means the horse is likely focused on something in the distance. If shaking the head from side to side a horse may be indicating aggression, a behavior which is common in stallions who are herding mares or fighting. Based in Memphis, Tennessee, Jimmy Winemiller has over 40 years of experience in the real estate industry and presently has farming operations in Arkansas, Mississippi, Texas, Louisiana, and Florida. Jimmy Winemiller has owned and managed numerous agricultural properties in several US states, owned a thoroughbred farm, been a partner in a power plant in California, and overseen operations at a cattle farm with 2500 head. Cattle ranching can be a challenging business endeavor, since making a profit can be affected by several factors including the weather, a farm's efficiency, and the market for beef. Below are three key tips for successfully operating a cattle ranch. 1. Hire an experienced banking professional. Work with a financial professional who is knowledgeable about the agricultural industry and willing to assist you with your specific situation. Sometimes, ranchers aren’t able to repay loans on time and it’s important that your banker understands your unique needs. 2. Manage natural resources properly. Successful ranchers manage their grazing lands using a grazing plan that is appropriate for the land, livestock, and local wildlife. Wise ranchers understand that farmland must be managed in a way that allows rainfall to be captured and conserves the surface soil, since the amount of rainfall cannot be controlled, although much of it can be retained. 3. Be economical. Rather than purchasing new trucks and farming equipment, make do with older balers, tractors, and other used farm machinery. Additionally, learn how to expertly maintain and fix farm equipment to save money on repairs. Jimmy Winemiller has been involved in a number of successful real estate undertakings, including the purchase, development, and sale of vast agricultural lands. Among his agricultural holdings is the Dahomey Plantation, a prime delta farm in Bolivar County, Mississippi. Jimmy Winemiller developed and irrigated the 10,000-acre property, and its improvements include an airport, grain storage facility, commercial drier, 106 irrigation wells, and a large tailwater recovery system.
A tailwater recovery system re-uses captured storm and irrigation water runoff on a farm. Through studied design and planning, the practice includes building ditches that catch irrigation runoff and rainwater and convey the water to a reservoir. From the reservoir, a pump and pipeline system transports, when necessary, the tailwater back into the farm irrigation network for reallocation to identified crop areas. This recovery practice can increase irrigation efficiency, lower overall pumping expenses, and decrease pumping of groundwater by 25 percent. With the agricultural water supply becoming an important natural resource concern, the establishment of tailwater recovery systems is promoted by U.S. Department of Agriculture programs in order to encourage irrigation water conservation and curtail groundwater use. Jimmy Winemiller, who has operated many farms, real estate projects, ranches, and plantations over the course of a lengthy career, has a passion for horse racing. Jimmy Winemiller's wife owns and breeds horses, and he owned a thoroughbred training farm in Perryville, Arkansas, for a time. Training a racehorse takes a long time and usually starts in the horse's youth. Early on, trainers focus on getting the horse used to the feeling of being ridden, including the weight of a saddle, the feeling of a bit in the mouth, and the weight of a rider. At this stage, horses also learn how to load into the starting gate and then break from it once the gate opens. Training in earnest starts between the second and third year. At this age, horses hit the track for jogs and gallops each day, usually with the weight of a jockey or exercise rider. The specifics of this training revolve around the races the horse will compete in, with the length of the event dictating the training plan. The results of a horse's training often enter the public record through industry papers and programs, enabling buyers and gamblers to take a closer look at a horse's performance. At farms with many horses, training sometimes includes periods where all horses train simultaneously. Workouts like these help the horse become more accustomed to the presence of other riders and jockeys, ultimately improving their readiness for the big race day. Jimmy Winemiller is a Memphis, Tennessee-based real estate entrepreneur who oversees a diversity of properties spanning the Southeast. One of Jimmy Winemiller's high-profile projects is The Enclave at Satellite Beach, a housing site along State Road A1A that was initially created for families stationed at Patrick Air Force Base, in between Satellite Beach and Cocoa Beach, Florida.
The well-positioned site spans 27.44 acres and is located adjacent to Hightower Beach. Rich in scenic beauty, The Enclave at Satellite Beach is situated behind an oceanfront preserve, which will ensure unobstructed ocean views for residents. The new development site is planning for retail condos & town homes, and single-family homes, with an allowable residential density of 398 units. Twenty-five percent of the parcel is zoned for commercial use while new civic ordinances allow The Enclave to accommodate a hotel. With the area positioned for continued growth, driven by a surging technology employment profile, the development promises to deliver substantial returns on investment. |
AuthorJimmy Winemiller also spearheaded the purchase of Martin County Florida Farm. Situated outside of Palm City, the property closed in October of 2013. Archives
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