sw MN | gac103 - 2/23/2014 21:42 I do agree it is a lot of money but I'm a young guy starting out and I'm trying to find a way to diversify and I'm willing to stick my neck out a little. I find it hard to find something that pencils out as good as a hog building and can be as lucrative once it is paid for. If there was something out there that had a guaranteed 8% return every year,and was non-depreciable,I'd have my money there instead.
Hog barns are depreciable because nothing wears out faster. You better double the repairs cost they gave you.
Here is a list of things that pencil better: doing your own spraying, doing your own soil testing, your own fert storage and app, doing your own tiling, selling seed, fixing your own eq, storing your grain, drying your own corn, custom farming, and operating a towing service.
Buying ground would be a better investment. |
Some numbers on a hog finishing barn
