Posted by kyhayman on September 04, 2010 at 23:21:16 from (99.197.64.56):
In Reply to: Land Values posted by M Nut on September 04, 2010 at 19:14:13:
I'm with F.B. on this, if you dont need it and it wont cash flow then its no bargain at any price. If you want to risk borrowing money on a tangible investment then you cant beat doing it now. Interest rates are low and land is one of the few investments holding its own. Plus, it has income potential. I dont know what 10 acres of crop land and 10 acres of pasture in your neck of the woods rents for or what the mobile home would bring in as rent but here either one would bring in more than enough to make the farm payment. Was it me, I'd check with the bank, then offer him 60 and not leave until it was mine, even if I had to pay the full 80
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Today's Featured Article - It's Alright Where It Is! - by Anthony West. I have a tale of a different kind to tell. Whilst rooting in the hedge bottoms this week I had cause to visit Chapel lane Farm, the home of an eccentric gentleman by the name of Austin Kendall. I had heard rumours that an old Case Model C was languishing away in the back of one of the outbuildings there. So off I went in search of what would turn out to be a very rare and unusual tractor. Mr Kendall is an excitable chap to say the least. He is amongst the last of a dying breed of farmer who
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