Well you will have to work for a good while to build capitol to work with. The it is a waiting game.
Now is the exactly WRONG time to be thinking about buying land. We are at or just past record HIGH land prices. The land values will drop in the future. They cycle in 10-15 year rotations. Build your base and watch for the land values to be more affordable.
Land will just about never entirely pencil out buy itself. You will have to bring other income in to make the payments. It is when you get some land paid for that you can roll then. You can have paid for land helping pay for additional land.
Guys that bought land in the late 1960s and then did not buy HIGH priced ground in the 1970s where the cash buyers in the 1980s when the high priced buyers went broke.
Livestock can be the leverage to use to get started. Just be darn careful with the prices being as volatile as they are right now. Maybe try custom feeding to use your labor and not risk so much monetarily.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
... [Read Article]
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