Posted by ss55 on August 21, 2020 at 05:38:38 from (96.42.212.92):
In Reply to: Anyone board horses? posted by Morgan in ar on August 20, 2020 at 17:19:56:
It sounds like you will not be living on this additional farm. That adds an additional trip to the new farm any time you need to care for any livestock and maybe several trips a day to care for horses.
Can you easily divide the farm so you would only keep the portion that you can put to good use and then sell off the horse portion to someone else that is more interested in keeping horses? Would there be space to add a house on the horse portion and turn it into an acreage? Renting out the horse portion to recoup some of your costs might be possible, but unless you can buy the horse portion at a very low price, it might not generate any profit.
Long term, I would expect money to stay tight for the next decade or more, limiting the money people will have available to spend on horses or horse properties. That will hurt your future resale value of the horse portion. Myself, I would keep looking for a property that better suits my needs and interests.
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