Assume for a moment equipment is a non issue. Look at the purchase from pure economics. The reason I say its a non issue is you can crop share, cash rent out, rent equipment in, etc. Look at the whole package.
When I started on my own I had my cows and had them paid for. I was renting pasture. I sunk everything I had into land, and everything I had for the next five years to try and retire principle. With what I could scrounge I bought equipment. Junk mostly, literally in one case as my first hay rake I bought at of the scrap pile at a consignment auction in buckets. First I paid the land down, tried to fix and paint my equipment, then sell it after a year or two and buy better to fix and paint, etc. That was 23 years ago, and I was younger than you are now. Its all paid for and then some. My equipment is decent, most of the tractors were good used, most of the machinery I bought new. But, I waited until the bills were paid before I did. Yes, there has been some bumps in the road.
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Today's Featured Article - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that’s wha
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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