Posted by JD Seller on January 14, 2016 at 18:40:08 from (208.126.198.123):
In Reply to: What a Thursday posted by notjustair on January 14, 2016 at 09:04:41:
If your getting the mineral rights I sure would think long and hard before I turned it down. We have bought three farms in the last four years. None of them where really what we wanted to do at the time but they are right next to ground we already have. I made the mistake of being too conservative in the early 1990s and passed up ground that we will never have a change to buy again in my life time.
So push the numbers. If you can make it work then do it. If it is going to be too thin for your comfort then walk away and don't look back.
Your going to lose 190 acres of ground/income if you pass it up. Can you find that much more ground to rent that is close to you??? You maybe able too. We have turned down rental ground for the 2016 crop year.
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