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Re: What's a guy supposed to do!
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Posted by kyhayman on March 09, 2007 at 18:47:07 from (76.177.155.220):
In Reply to: What's a guy supposed to do! posted by BOBM25 on March 09, 2007 at 09:15:09:
Rent, lease, and save. Your time will come. I felt exactly like you do now back in 1980. Good land here was bringing $2000 an acre, cattle were 60 cents a pound. No way I could make it work. So I share cropped, worked off the farm, and saved everything I could. Every penny I spent went into revenue assets. I drove a junk truck, owned junk equipment, rented equipment if I needed something decent, and bought good cows. It took 7 years, land came down, I had cash in the bank and that same farm sold to me for $1000 an acre.
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