Buying land

[nelly55]

Why do some make it look so easy,

 

[Still Farming]

They got lots of money maybe?

 

[nelly55]

They got lots of money maybe?

Now why didn’t I think of that?,maybe I should start spending some of my lottery win ?.So everyone has pots of money,so why are farmers complaining all the time over prices,subs going.With lots of money you don’t need subs.ha ha tin hat on.

 

[Derrick Hughes]

Depends who you mean . Dyson ?

 

[Vincent]

Some will have a good business plan and repayment plan in place and the balls to make the commitment.

 

[Derrick Hughes]

Now why didn’t I think of that?,maybe I should start spending some of my lottery win [emoji848].So everyone has pots of money,so why are farmers complaining all the time over prices,subs going.With lots of money you don’t need subs.ha ha tin hat on.

What would you sooner be . Poor man with no dept or poor with a big farm and a lot of dept , the big farm goes with a tread mill with a one way ticket to your grave

 

[it's not over]

What % of arable land in England is farmer owned
All land in ni is in private/farmer hands

 

[nelly55]

What would you sooner be . Poor man with no dept or poor with a big farm and a lot of dept , the big farm goes with a tread mill with a one way ticket to your grave

As the saying goes we all end up in 8x4 plot,?

 

[stewart]

What would you sooner be . Poor man with no dept or poor with a big farm and a lot of dept , the big farm goes with a tread mill with a one way ticket to your grave

That is down to the individual, debt is a great driver. I have been debt free twice in my life and found it boring.

 

[Still Farming]

Now why didn’t I think of that?,maybe I should start spending some of my lottery win ?.So everyone has pots of money,so why are farmers complaining all the time over prices,subs going.With lots of money you don’t need subs.ha ha tin hat on.

You did'nt say farmers buying land though ?
Could be anyone,company or business?

 

[Spencer]

What would you sooner be . Poor man with no dept or poor with a big farm and a lot of dept , the big farm goes with a tread mill with a one way ticket to your grave

Which ticket avoids the grave?
We’re all heading the same way, nobody gets out alive.
There are those that do in this world and those that have a reason why it’ll never work, decide which one you want to be..

 

[7610 super q]

Right place at the right time.

 

[stewart]

Right place at the right time.

And prepared to act and take a risk.

 

[Derrick Hughes]

That is down to the individual, debt is a great driver. I have been debt free twice in my life and found it boring.

5 million

 

[stewart]

5 million

Plus

 

[Still Farming]

Plus

Minus

 

[stewart]

5 million

Plus

Minus

The amount is really irrelevant, it is the debt to equity ratio and the ability to fund interest that is important.

 

[Derrick Hughes]

Used to be that you would not borrow more than a third of your asset value, what's the rule of thumb now. 10 times more ?

 

[Still Farming]

The amount is really irrelevant, it is the debt to equity ratio and the ability to fund interest that is important.

It's wether you like brown trousers or not at the end of the day really!

 

[stewart]

Used to be that you would not borrow more than a third of your asset value, what's the rule of thumb now. 10 times more ?

Very unlikely