Posted by M Nut on January 02, 2012 at 13:51:23 from (50.107.36.118):
Wife and I are at the point where we have some money to work with and invest. We are both employed and are secure in our jobs. Through our jobs we have the retirement plans the employers offer to each of us and match, as well as our own private retirement account too. We are now considering purchasing some land as an investment. It is 35 acres of land, with 30 acres tillable and 5 acres of woods. No low land to speak of. Tillable land is all planted into hay right now. It has highway frontage on two sides. I'm thinking land is at about it's lowest value right now, and that it should start to climb in the not too distant future. I'm thinking I could buy this piece for about $30,000. Current owner is ready to retire from farming and is eager to sell. I've been approved for the financing I'd need to cover what I don't have in cash, and figure I can have it paid off in 5 years. Is there any reason why this would not be a good investment? Having never purchased land before other than from my grandmother, this is a new game for me to play. Thanks for any advice.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
