I will share our story, it is by no means a recipe for success, just some encouragement for you that it can be done.
First do your homework after that don't be scared to take a chance.
Remember farmers are the biggest gamblers there are.
I started out at a similar age and situation as you are in.
A young family, with my wife at home taking care of them.
Successful shop in town and a liveable fixer upper home on some land out of town.
Did that for 10 years, made good money but had no life.
Between equity built up, increase in value from renovations and a peak in real estate at the time it was our time to plug and jump in headfirst.
Sold our property, closed the shop and started shopping.
Ended up moving about 400 miles to an area that property was affordable.
Bought a nice home with a little less than 1000 acres, paid off all our debt and had enough left over to start a herd.
This was shortly after BSE hit and although there was not much money to be made in cattle at the time it was the perfect time to grow a herd with very little capital investment.
Best move we ever made and we have never looked back.
Great life and a great place to raise a family.
Yes lots of hard work at times but if you are scared of that then farming never will be your place.
Put up with rag tag old equipment until you can afford better. Do not overspend on the good years and it will carry you through the lean years.
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Today's Featured Article - Field Modifications (Sins of the Farmer) - by Staff. Picture a new Chevrolet driving down the street without it's grill, right fender and trunk lid. Imagine a crude hole made in the hood to accommodate a new taller air cleaner, the fender wells cut away to make way for larger tires, and half of a sliding glass door used to replace the windshield. Top that off with an old set of '36 Ford headlight shells bolted to the hood. Pretty unlikely for a car... but for a tractor, this is pretty normal. It seems that more often than not they a
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