| TD15 - 3/9/2026 15:02
I think we all need to stop thinking like farmers and more like investors.
I do wish I had that thinking in late 70s. I really avoided buying land. 5 chances I could have bought close, reasonable for time. Plus I had good chunk of funds, access to decent loans, equipment to handle more acres. I have regretted for decades not buying land.
I finally did buy 70 acres around 2010. Just too good Á deal, other considerations to Á investment I had. Hair over $1000 acre. Sold it last year. $4000 area. It’s not great soil. Some years barely broke even. Some made a SMALL amount per acre. Rest if I valued my time at all I lost money.
I found MUCH better soil, closer, 120 acres. So I listed it. Instant offers well over my price *with room to negotiate*
Well that went well over $12,000 an acre. Shows what I understand prices. Under $4 corn how?
Out in CO Á under 2 acre rough land. No water, septic, electric. Water close, power lines so.. offered over $100k per acre. But told $150k Á acre is expected.
Then looked at putting in waterline thru, setting up septic made for 4+ homes. If I dared dirt work, set up septic tank, lines build first house, sell, continue. Should make big bucks. |
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