RobFZS
Member
woman the girlfriend works for is borrowing 25k to have a fancy wedding, lol
Frustration that we cant buy a farm...
- Thread starter Selectamatic
- Start date
Hilly
Member
- Location
- Scottish Borders.
Bonkers, what a way to start married life in debt ! I smell a divorce already
gone up the hill
Member
- Location
- Devon
Might be a good idea to read my post above again!!
When I started out things were a lot different than now, I agree about borrowing money to buy land, problem a lot of young/would be farmers have these days is getting a viable business started so they can then be able to have a decent set of accounts and be able to buy land/ a farm etc using borrowed money...
Baling Hay
Member
Might be a good idea to read my post above again!!
When I started out things were a lot different than now, I agree about borrowing money to buy land, problem a lot of young/would be farmers have these days is getting a viable business started so they can then be able to have a decent set of accounts and be able to buy land/ a farm etc using borrowed money...
But how did you get the bank to lend you money when you had nothing?
gone up the hill
Member
- Location
- Devon
A few reasons... one being money was a lot easier to borrow then ( if it was now then there wouldn't be any way of borrowing size a high figure ) and the fact what I offered them in return meant there was very little risk to the bank if I didn't pull off what I said I could do..
Baling Hay
Member
Did they not ask for a deposit or security of any kind then and you were able to just go and buy your farm from that?!
gone up the hill
Member
- Location
- Devon
No deposit but yes they got some security and off I went!
Roger Perry
Member
Over here you can get low interest loans if you are young and just starting out in farming, Farm credit operates this backed by USDA.
Ali
Member
- Location
- Aberdeenshire
So what would a 300-400 acre place suitable for cattle rearing cost fully set up ready to go in the states
Roger Perry
Member
Which part of the country, if you are talking about a cattle only operation ...a ranch, where would you like to be located.
Not a stupid question, location will have a big influence on price.
Not a stupid question, location will have a big influence on price.
Hilly
Member
- Location
- Scottish Borders.
multi power
Member
- Location
- pembrokeshire
- Location
- North Somerset.
I don't have enough money to do lots of things I might like to do.
Ali
Member
- Location
- Aberdeenshire
300-400 acre would do me fine on the basis that it may be able to be bought and paid for on what I earn.
And would still allow me to work offshore and be manageable for the wife.
Where Nova Scotia/new Brunswick then into I dunno Colorado type area.
Certainly not down in the heat
And would still allow me to work offshore and be manageable for the wife.
Where Nova Scotia/new Brunswick then into I dunno Colorado type area.
Certainly not down in the heat
Roger Perry
Member
You need to consider the location carefully, do you have children to school, wife who works off farm ?? Colorado is very scenic but Wyoming / Dakota/Montana etc, could be less expensive...all depends what you want.
I have a young neighbor who works in the oil, the wages he earns are enabling him to purchase a farm, he works three weeks on and two off.
I have a young neighbor who works in the oil, the wages he earns are enabling him to purchase a farm, he works three weeks on and two off.
Baling Hay
Member
I thought Montana was very expensive because of movie stars buying ranches there?
Ali
Member
- Location
- Aberdeenshire
Kids are 11 and 8. Wife would work on farm as required when I am away and we would work together when home.
Crap rotation three in two off.
What websites do you recommend as everything we have looked at before was mainly on websites that didn't seem that helpful.
Nothing seemed sensibly priced either.
Crap rotation three in two off.
What websites do you recommend as everything we have looked at before was mainly on websites that didn't seem that helpful.
Nothing seemed sensibly priced either.
- Location
- Haute Vienne, France
If you want to do cattle I would think france would be good bet. A strong store (300 kg LW at 3 euros) will almost buy an acre here. Where else can you do that? Plus we still get suckler cow premium, plus a lot of other help you will not get any where else.
Walterp
Member
- Location
- Pembrokeshire
Recoil
Member
- Location
- South East Wales
How do the french farmers like british farmers who move over there? I love the french countryside, houses etc but don't think i'd like the french people. I guess picking up the language would take a couple of years.