I have been on all sides of the land deal over my years as a farmer, renter and land owner and it has never( OK seldom) been an easy or simple equation to owning land in my experience. People with the $$ or equity always have and always will have an advantage over those who are starting up and borrowing 100%. I didnt own one acre when I was actively farming, it never penciled out for me. But long after I quit to work full time in town I bought a farm at a time when farming was bad and interest was high. I had 1/2 of the money sitting in the bank to put down. Renting the tillable land made the payments and taxes and put a few bucks in my pocket each year. Now 25 years later it has proven out to be the smartest financial move I ever made due to 1000% increase in value but it would have seldom cash flowed from farming or renting it IF I had financed 100% of the purchase except for the the big profit times of a couple years ago. 120 ares adjacent to me was for sale over the winter and I told my youngest son that if I had his youth, his money and my knowledge that I would buy it in a heart beat. He hesitated,,,, it sold.
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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