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<blockquote data-quote="nnmzharmon" data-source="post: 1053915" data-attributes="member: 21154"><p>My wife and I have a dream of running and operating a farm within the next 10 years. We have 2 young children and one on the way. At this point I am beginning research into what the cost will be and how realistic this whole thing is. I have limited experience in this area. My parents raise and sell holstien steers but only 4/5 at a time. I am starting from ground zero, no money, no land, and no cows. I work at a job where I could put about $9,000 into this a year, so not a lot. My thought is to start by finding some land to lease, close to home, and raising 5/6 steers and selling them a year from now and trying to expand on that the second year. the only debt I have is some student loans and a small car payment. I am 24 years old, the market is starving for young ranchers and I want to jump on that band wagon. I am not interested in being told this is a pipe dream move on, I need to be told where to go from here. Should I save, should I spend?</p><p></p><p>Thanks,</p><p>Nick</p></blockquote><p></p>
[QUOTE="nnmzharmon, post: 1053915, member: 21154"] My wife and I have a dream of running and operating a farm within the next 10 years. We have 2 young children and one on the way. At this point I am beginning research into what the cost will be and how realistic this whole thing is. I have limited experience in this area. My parents raise and sell holstien steers but only 4/5 at a time. I am starting from ground zero, no money, no land, and no cows. I work at a job where I could put about $9,000 into this a year, so not a lot. My thought is to start by finding some land to lease, close to home, and raising 5/6 steers and selling them a year from now and trying to expand on that the second year. the only debt I have is some student loans and a small car payment. I am 24 years old, the market is starving for young ranchers and I want to jump on that band wagon. I am not interested in being told this is a pipe dream move on, I need to be told where to go from here. Should I save, should I spend? Thanks, Nick [/QUOTE]
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