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Re: Price of farms [Re: M.Magis] #7378020
10/13/21 08:53 AM 10/13/21 08:53 AM
Joined: Dec 2006
Posts: 63,136
Minnesota
330-Trapper Offline

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330-Trapper  Offline

trapper

Joined: Dec 2006
Posts: 63,136
Minnesota
Originally Posted by M.Magis
Originally Posted by Kansas Cat
Not everyone buys land with loans.

Do you really think a dairy farmers son, who also plans to milk, has $4.5 million sitting in the bank?

If their Grandpa was a congressman

NRA and NTA Life Member
www.BackroadsRevised@etsy.com




Re: Price of farms [Re: Pafoxman] #7378027
10/13/21 09:02 AM 10/13/21 09:02 AM
Joined: Feb 2014
Posts: 13,157
Ky
J
jbyrd63 Offline
trapper
jbyrd63  Offline
trapper
J

Joined: Feb 2014
Posts: 13,157
Ky
Originally Posted by Pafoxman
A farm in our area just sold on auction. 129 acre dairy farm, limestone farmhouse. It sold for 4.4 million…. Over 34k per acre. It was not zoned for development and was bought by a neighboring farmer who’s son plans to farm it and milk cows. Just crazy times

Let us know when he files bankruptcy and gets it for pennies on the dollar! Seen it lot around here Lots of the “ self made “ money guys follow this business model
No way he can clear the interest payments milking cows on 129 acres

Last edited by jbyrd63; 10/13/21 09:03 AM.
Re: Price of farms [Re: Pafoxman] #7378045
10/13/21 09:25 AM 10/13/21 09:25 AM
Joined: Jul 2016
Posts: 2,780
Wisconsin
B
Bear Tracker Offline
trapper
Bear Tracker  Offline
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Joined: Jul 2016
Posts: 2,780
Wisconsin
The land prices out East are why all the Amish are moving to northern WI.
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