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I've got 40k and a desire...
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<blockquote data-quote="futurerancher" data-source="post: 724499" data-attributes="member: 13684"><p>So I have been a long time reader of this board but am posting for the first time. I am 32, my wife is 30 and we have 3 kids. To make a long story short, we have saved up some chicken scratch for a downpayment on some land. We are willing to move just about anywhere in the US to accomplish our dream of owning a ranch. My wife is a rancher's daughter and I grew up around beef on my grandparents place and worked on a ranch through college so we are not complete newbs so to speak. However, there is a lot we don't know. In regards to my father in law and the opportunities there, well there are none and its not even a discussion. He rans about 400 head in North Dakota for what its worth. My wife is getting ready to finish her dental hygiene degree and plans to be employed in that field. So assuming that my wife has a job that will cover insurance, col etc, is $40,000 dollars enough start up money to buy a place and make a go of things? This would not be a hobby farm but an actual business venture that we plan to live off of. My current profession is a teacher and it is something I have grown to hate. (Another long story). So for you old salts, if you were starting today, where would you head to? I am sure that this question gets asked all the time on here, and I apologize if it ruffles feathers but I thought I would ask. </p><p></p><p>I have played with all of the numbers when trying to determine herd size to acreage but am curious what others have found?</p></blockquote><p></p>
[QUOTE="futurerancher, post: 724499, member: 13684"] So I have been a long time reader of this board but am posting for the first time. I am 32, my wife is 30 and we have 3 kids. To make a long story short, we have saved up some chicken scratch for a downpayment on some land. We are willing to move just about anywhere in the US to accomplish our dream of owning a ranch. My wife is a rancher's daughter and I grew up around beef on my grandparents place and worked on a ranch through college so we are not complete newbs so to speak. However, there is a lot we don't know. In regards to my father in law and the opportunities there, well there are none and its not even a discussion. He rans about 400 head in North Dakota for what its worth. My wife is getting ready to finish her dental hygiene degree and plans to be employed in that field. So assuming that my wife has a job that will cover insurance, col etc, is $40,000 dollars enough start up money to buy a place and make a go of things? This would not be a hobby farm but an actual business venture that we plan to live off of. My current profession is a teacher and it is something I have grown to hate. (Another long story). So for you old salts, if you were starting today, where would you head to? I am sure that this question gets asked all the time on here, and I apologize if it ruffles feathers but I thought I would ask. I have played with all of the numbers when trying to determine herd size to acreage but am curious what others have found? [/QUOTE]
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