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Non-Cattle Specific Topics
Every Thing Else Board
Experience from years ago.
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<blockquote data-quote="Logan52" data-source="post: 1829375" data-attributes="member: 32879"><p>Some people, even some who are well respected, can justify just about anything, if money is involved.</p><p>When I was about the same age, I was determined to buy a farm but had no experience whatsoever. No machinery, no cattle and no family help except my Dad who knew less than I did. We did have a good name and ability to get credit.</p><p>I bought a rough 80 acres just outside town and 18 registered Angus, the old belt-buckle kind.</p><p>A realtor of some personal wealth, some good qualities, and a good reputation among a certain element in town, began to call me and offer large farms for sale that he said were just what I needed.</p><p>If I had listened to him I have no doubt I would have gone bankrupt. With no background or experience I think I would have failed for interest rates nearly doubled soon afterwards. Back then everything was financed on a yearly note without a locked in interest rate.</p><p>I toughed it out on the hillside farm and came out all right. I never respected that realtor again.</p></blockquote><p></p>
[QUOTE="Logan52, post: 1829375, member: 32879"] Some people, even some who are well respected, can justify just about anything, if money is involved. When I was about the same age, I was determined to buy a farm but had no experience whatsoever. No machinery, no cattle and no family help except my Dad who knew less than I did. We did have a good name and ability to get credit. I bought a rough 80 acres just outside town and 18 registered Angus, the old belt-buckle kind. A realtor of some personal wealth, some good qualities, and a good reputation among a certain element in town, began to call me and offer large farms for sale that he said were just what I needed. If I had listened to him I have no doubt I would have gone bankrupt. With no background or experience I think I would have failed for interest rates nearly doubled soon afterwards. Back then everything was financed on a yearly note without a locked in interest rate. I toughed it out on the hillside farm and came out all right. I never respected that realtor again. [/QUOTE]
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Experience from years ago.
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