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Re: O/T History and price of the family farm


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Posted by j heitkemper on January 01, 2011 at 18:36:14 from (98.108.31.17):

In Reply to: O/T History and price of the family farm posted by 37 Chief on January 01, 2011 at 14:17:53:

Remember ! ..."LAND IS THE ONLY THING THAT LASTS" ,Scarlett O'Haras'Daddy told her ...those wrds from "GONE WITH THE WIND" were burned into my mind at early age ,from Dad and Uncles . they also claimed " No One Ever GAVE ME ANYTHING but a OPPoRTUNITY , .. . and we worked hard to make good on everything that come along !.. . and I reckon for that reason, I am a "chip off the Ol' Block.". LOL . in 1980 at age 22 Wife and i bought 11 acres and a 120yr. old house You could throw a cat thru, for 20 grand ,We remodeled Home properly and sold out in 1984.. more than doubled our money for our efforts ...,taking Our 6 Beef mommas to a 27 acre broken down farm i Bought for 30 grand,about 4 miles from all OUR parents .the House was at least livable this time ..But we gutted it to Make the beautiful home it is today... Worked All day Doing HOme Improvement, Farmed in the evenings and fed Hoggs at Nite ,. Was makin'$$$$$ HAND over Fist'... somehow Raised 4 kids during that Blur of little sleep and constant productivity,,. Was buying corn off the combine of a nice 40 acre field in 1987 ,heir new Owner was in FLORIDA never even saw what his uncle left him, current tenant was broke and asked me to buy it so he could keep farming it ,, asking price 25 grand! . We Jumped FAST ! tenant quit for health problems before next season , so we been harvesting since then , 1989, Putting on a Neighbors barn roof ,WHEN , Good Ol 'Allis Chalmer Dealer stopped by , SAID he was having a tuf way to go with banks and sales,, He needed to unload some of his debts and Wanted to interest Me in a 140 acres he had got on a debt trade 4 yrs earlier ,, HE revealed " That farm simply Would not CASH flow no matter how ya farmed it ", But the Price was Reasonable for 55 acres of nice laying dormant crop land ,and 85 acres woods that was never timbered rite and Looked LikeHALE, We Agonized for 6 monthes, then FINALY DECIDED TO BUY and Took a GOOD neighbor to look at it in early april,Just To Make SURE... He looked at Woods , And Said " NO Help Here RITE NOW, Jim .. But you get in here and do Timber Stand Impropvement Stewardship , Ya might be Surprised how well it will come back and Reward Ya " ,.had 10 good grain crops years STRAIT ! without a problem ?,when others in our area could not ..Just Lucky with the rain ,( BUT ,Last 4 of 10 yrs not so lucky with weather ).., and The timber ?, starting in 1996, Had 8 cleanup type timber sales over the years , With one of the "Finest Timber MAN in these Parts" ,I MUST ADD , And I have paid for the 140 acres with timber proceeds,,District Forester is Very pleased with our work ,, We got Lucky,, some might Say,, but itell Ya ' , the HARDER I WORK, The luckier I GET !... Back in the days of Quick $$$$$ in the home improvement Busines, whan My competetors were buying Mercedes and New trucks and expensive trips and toys ... I followed My instincts and bought Land and cheap fixerupper equipment .. my Stuff is Still here,, Most of the toy buying guys?.. Those guys lost their az when everything started drying up couple years ago...


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