There is one other aspect to off farm investing.

If you have been farming for many years, have been somewhat successful, at what point is enough. enough?

Do I keep hammering because it is all I know? Do I bid 10% higher rent than the younger neighbor trying to get established just because I can?

People rail about the BTO's on this forum like they are some kind of scourge. But what happens when some of the most vocal about BTO's meet a level of success that they are now a BTO? Or maybe they just never plan on being successful. That would solve the problem. So if BTO's are so bad, what are they supposed to do when they reach a certain level of success? Invest back in the farm and run everyone else out in the county and become a bigger BTO? Or invest off the farm and give some room for others to succeed.

Some of the ones who rail about BTO's yet would never invest off the farm need to evaluate your position in the chance that you might become successful. You might reach a dichotomy in your perceptions some day.

John