Re: Ideas on purchasing a farm

Posted by JF on December 10, 2003 at 03:13:36 from (67.232.144.232):

In Reply to: Ideas on purchasing a farm posted by JohnDeereBMan on December 09, 2003 at 21:12:01:

I applaud yuor desire to own a farm. The love of the land and for agriculture is inborn in many of us. The price of land is up everywhere-150000 an acre WOW, i decideed not to buy some near me at 1500 an acre-after I considered cleaning land, application of fertilizer, lime, seed and associated cost and a repayment plan of 20 years on beef cattle the actually worth of this acreage was 1000. This did not assume long term apprecation of value of this acreage. As far as you owning land its all a matter of perspective and where to put your money for investment purposes. Its not like a mutual fund where a manager in some far off city says its worth X amount-land you can see and know its there.

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