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Land Yea or Nay
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CMN
Posted 2/21/2025 07:57 (#11115642 - in reply to #11115192)
Subject: RE: Land Yea or Nay


West of Mpls MN about 50 miles on Hwy 12
How old are you?

Timing is everything. The first farm I bought was worth 65% less than what I paid for the farm the year after I bought the farm and it took twenty years to come back up to what I paid for the farm. Will you be able survive a downturn in the market like that?

Why isn't the farm tiled? Is there a good outlet for the water? Will you own the outlet for the water?

Some thoughts based on my 40 years of landownership.





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