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OT - What to do with 17 acres....
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Posted by farmerboybill on October 30, 2004 at 06:22:56 from (216.138.178.55):
As some of you may know, I'm on a dream deferrment program. Can't afford to pursue my dream of farming as there is no way to make money if you owe everything to the bank. So here I sit, renting a farmhouse and working for an agronomy center until my ship comes in. My wife and I just found a great little house to buy near by. This place is an old farmstead on the very edge of a smal but fast growing small town. It's literally next door to the last house in town and is on city water and sewer. It's kinda small at 1100 square feet but the price is VERY right. As long as our offer is accepted, we're definately buying the house and a half acre. HOWEVER, what I'm toying with is buying the 17 acre corn field offered for sale kitty corner to the house for 40 grand an acre. I know it's insane for me to even think it, but I thought I'd run some sort of specialty crop off it until I can rezone it and parcel it off, maybe paying for buying the first house and getting me a very healthy down payment when I actually do buy my real farm... Whaddya think? Does this sound like a good idea? Parceling off farm land grates my teeth as I hate urban sprawl, but it's gonna be done with or without me. I could also just rent the acreage but that would be boring as compared to running it myself!
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