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Deal or No Deal Update
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<blockquote data-quote="thatdoggJake" data-source="post: 730002" data-attributes="member: 13656"><p>A couple of weeks ago I posted a thread asking opinions on buying a herd of cattle and leasing the land. Well, it's official, I got the papers signed and handed the money over today (OUCH). I signed a 10 year land lease, so hopefully i can see some black before it is all said and done. By the way, I was way left field in my fist price negotiations. I paid a pretty penny more than what I previously mentioned. I did get to cull off the bottom ten cows and I have 20 calves on the ground right now. In total I went from owning zero cows to owning 66 cows, 5 bulls, and 20 calves. 6 of the calves are ready for market right now.</p><p></p><p>I'm 23 years old and my love for cattle come from spending the early years of my life on my family ranch in the Texas hill country until we sold it four years ago. The way I figure it is that I will not be able to buy a big ranch anytime soon, but I can still lease the land until then. The rest of my cattle experience is from being around FFA most of my life, raising some show cattle in my high school days, and being in the fence supply business were several of our customers are cattleman.</p><p></p><p>It all starts now. Time to get off to the right start. I imagine you will see several more post from me as I need more questions to be answered that I can not find on Google. </p><p></p><p>thanks,</p><p>Trey :hat:</p></blockquote><p></p>
[QUOTE="thatdoggJake, post: 730002, member: 13656"] A couple of weeks ago I posted a thread asking opinions on buying a herd of cattle and leasing the land. Well, it's official, I got the papers signed and handed the money over today (OUCH). I signed a 10 year land lease, so hopefully i can see some black before it is all said and done. By the way, I was way left field in my fist price negotiations. I paid a pretty penny more than what I previously mentioned. I did get to cull off the bottom ten cows and I have 20 calves on the ground right now. In total I went from owning zero cows to owning 66 cows, 5 bulls, and 20 calves. 6 of the calves are ready for market right now. I'm 23 years old and my love for cattle come from spending the early years of my life on my family ranch in the Texas hill country until we sold it four years ago. The way I figure it is that I will not be able to buy a big ranch anytime soon, but I can still lease the land until then. The rest of my cattle experience is from being around FFA most of my life, raising some show cattle in my high school days, and being in the fence supply business were several of our customers are cattleman. It all starts now. Time to get off to the right start. I imagine you will see several more post from me as I need more questions to be answered that I can not find on Google. thanks, Trey :hat: [/QUOTE]
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