Re: How can you get into farming with these kind of land values?

Posted by Bruce from Can. on April 14, 2018 at 08:07:44 from (76.69.25.223):

In Reply to: How can you get into farming with these kind of land values? posted by BrianV_ on April 13, 2018 at 18:55:18:

There is another route that can be taken to entering
into farming that I know two families have taken.
And that is to buy into a partnership with an existing
farmer, that has no one wanting to continue the
farm. Many times farmers, not unlike myself, have
put in 30-40 years farming , and have no children
interested in taking over the farm, don’t want to quit
themselves, but don’t want to keep on working as
much as they have in years gone by. And many just
hate the idea of the farm they worked so hard to
build up, just being broke into a few more fields for
some cash crop farm to grow corn on. These kinds
of opportunities are out there, and I would never
enter into any business agreement with out a legal
partnership agreement, complete with an escape
clause. The one family I know has now completed
the transition, after 20 years, and they are now the
soul owners, and both parties are very happy and
well satisfied with how things worked. Just another
approach.

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