Redhides":37kzub98 said:
If you need 900 cows to be profitable you should stick to 25.... Preserve your time and seek your investment opportunity elsewhere. Clearly cattle does not constitute your highest and best use of Land. Land in our part of the world is probably the most overpriced, over speculated segment on the market. In the end land is only worth the income it drives plus some stooge's willingness to pay for going concern. Locally, fools hang to the myth that appreciation is king and will surely outpace the sum of interest, ad valorum,and exposure.
One of the best statement's on land I have read.
Hear it all the time here.
The one's that get me is I sold for 3000 dollar's an acre and I only paid a 1000.
When did you pay that 1000? Thirty year's ago. With taxes and cost they have more than 3000 dollar's an acre in it when they sold it and they are convinced they made money.
Hear the same thing on a house, someone at sometime did a great job of brain washing and BSing people and they bought it.