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What was your first farm????
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alnciowa
Posted 9/10/2020 06:05 (#8486259 - in reply to #8486168)
Subject: RE: What was your first farm????


nw/nc iowa on the banks of West Buttrick Creek..
I was 25 and bought an 80 of good black soil, paid 1150 and acre at the end of March. Had a hard time getting it settled but it worked to my advantage. Before settlement, an 80 year old heir of the seller died and their attorney had a family tragedy and the interest rates went down. Had to shut the combine down to settle for the farm. Got it paid for in 4 years. Traded it for an 80 that was part of our present home farm purchase. Family members told me I should not buy until I had the money saved, that was really good advise, would still be saving because land prices tripled in 3 years. Kinda like chasing your tail.
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