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Just want to break even
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<blockquote data-quote="Askme42" data-source="post: 1302567" data-attributes="member: 24753"><p>Hey guys and gals. First post here. I've been lurking a lot for a few months. </p><p></p><p></p><p>Here's the deal I'm getting ready to close on about 300 acres. 200 of that is pasture. My grandpa ran a cattle farm on it for close to 50 years. While the pastures have been kept up just about everything else fences buildings ect are due for a facelift. I feel I'm getting no pretty good deal on the land and my payment will be just a hair over 2k a month. The wife and I both have good jobs making the payment isn't a problem just ideally I'd like to make the land pay for itself. </p><p></p><p></p><p>I feel like giving myself a 5 year time frame to make this happen is pretty reasonable. I realize cattle prices can go anywhere and that effects a lot but am I being fairly realistic here?</p></blockquote><p></p>
[QUOTE="Askme42, post: 1302567, member: 24753"] Hey guys and gals. First post here. I've been lurking a lot for a few months. Here's the deal I'm getting ready to close on about 300 acres. 200 of that is pasture. My grandpa ran a cattle farm on it for close to 50 years. While the pastures have been kept up just about everything else fences buildings ect are due for a facelift. I feel I'm getting no pretty good deal on the land and my payment will be just a hair over 2k a month. The wife and I both have good jobs making the payment isn't a problem just ideally I'd like to make the land pay for itself. I feel like giving myself a 5 year time frame to make this happen is pretty reasonable. I realize cattle prices can go anywhere and that effects a lot but am I being fairly realistic here? [/QUOTE]
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