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Coffee Shop
Cattle people/ farmers are getting old.
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<blockquote data-quote="mml373" data-source="post: 1730717" data-attributes="member: 38746"><p>Retired from the Air Force in 2020 and started from scratch on 35 measly acres with a dilapidated house that I'm going to have to rebuild (inspector wasn't honest). You can't find land to buy out here in my part of MO, and when you do it is expensive and large tracts starting around $450k and more. With the cost of building a new home, buying more land isn't even a starter. It is easier to buy houses and cash flow rent. The same money in 2 houses would cash flow $36,000 a year and loan would be a lot easier to obtain than a loan for land. They don't even give loans for land unless you have 50% down. No upstart I know has that kind of cash. Correct me if I'm wrong.</p><p></p><p>There's little advice out there for folks getting started, where farming may have skipped a generation. I'm learning everything from scratch and I think I am too disabled to work with cows hands on (I can't jump or move quickly). Local advice for how to handle and work with cows would go a long way.</p><p></p><p>Not saying it is a lost cause but I'm not seeing a path. I'd love another 160 acres, a reliable tractor with implements, and a bit of knowledge. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="mml373, post: 1730717, member: 38746"] Retired from the Air Force in 2020 and started from scratch on 35 measly acres with a dilapidated house that I'm going to have to rebuild (inspector wasn't honest). You can't find land to buy out here in my part of MO, and when you do it is expensive and large tracts starting around $450k and more. With the cost of building a new home, buying more land isn't even a starter. It is easier to buy houses and cash flow rent. The same money in 2 houses would cash flow $36,000 a year and loan would be a lot easier to obtain than a loan for land. They don't even give loans for land unless you have 50% down. No upstart I know has that kind of cash. Correct me if I'm wrong. There's little advice out there for folks getting started, where farming may have skipped a generation. I'm learning everything from scratch and I think I am too disabled to work with cows hands on (I can't jump or move quickly). Local advice for how to handle and work with cows would go a long way. Not saying it is a lost cause but I'm not seeing a path. I'd love another 160 acres, a reliable tractor with implements, and a bit of knowledge. :) [/QUOTE]
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