Steve - 2/21/2015 19:13 "It'll always be too expensive . . . it'll never cash flow and other sources of income will be necessary to get it ~ Be in a position to buy it." Is there any other business (successful one) that operates this way? Just asking Cash flow is not the only indicator of a good investment. The best investments I've made during my career has been farmland purchases. It gives a stable base while you are farming, low-taxed gains and a great retirement income source. Look around your community and in most cases the most prosperous operations are those who have bought land -- at least in my generation. Maybe the young guys playing the high cash rent game have a new formula. We'll see. |