@nbcprecisionsprayingllc: I have no doubt we would have more younger farmers purchasing land if not for the down payment.#farmtok #farming #iowa #farmlife #farmer
I'm 43 and never inherited anything. Worked an 8-5 job (70k) and farmed for about 10 years. Bought 40 ac, then an 80, then a quarter, etc and as of now I've bought 720 ac. I have never bought nice equipment but I've also never had an equipment payment. Currently farm a little over 1300 ac. The key is don't spend money on things that depreciate.
2026-08-15 02:35:25
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Darien Burg :
farm credit wanted 820k down for a 120 acres. I said how does that even make sense
2026-08-13 16:05:08
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aidancolter7 :
They bought it for a bucket of chicken, $100, and a handshake! Yeah they can cut us younger guys a break!My grandma paid $400/ac for her farm, and I’m very confident in saying it’s easily $18-20,000/ac. Boomers have an insane amount of equity! They know they need us to continue on farming.
2026-08-14 23:33:13
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Trent :
I need to come up with 2.2 million at 26y/o to keep my family land in the family. Not sure how to make that work
2026-08-14 04:37:36
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Bren Timko :
problem in my area is the ground is sold and done deal before 95% of us even know about
2026-08-14 20:00:23
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Reggie Tate :
FSA has beginning farmer loan programs for buying farmland. Not sure how it works in other states but in North Dakota FSA will borrow you up to 600k I believe and then Bank of North Dakota will match that. I don't remember now which is which but one is a 30 year note and the other is 40. And they require no down payment.
2026-08-13 01:24:30
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peslagter :
in Holland we pay 72.874 per acre😂
2026-08-13 14:58:10
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goose86 :
Meaning saving 40 K per year before you purchase it.
2026-08-13 19:34:03
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kwiggins4020 :
I know two young farmers that half of the ground they farm came up for sale…. Of course the sellers want over top dollar for the land
2026-08-13 09:11:07
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Jackson Stipe :
Also, where our herbicides are not working as well, we could see a shift where our yields start to fall off and therefore reducing rent values
2026-08-14 00:01:40
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MakinBacin :
It’s possible someday, but you need to start building equity in some sort of asset today like a smaller chunk of ground or even a rental house in town to build your balance sheet.
2026-08-15 15:38:43
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user9924717904668 :
I hate to be negative but you can spend your whole life trying to pay for it just for the next generation to sell it or if you want to sell it to enjoy retirement you lose 40% in taxes.
2026-08-13 07:59:33
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Tyler Cox :
I don’t disagree but why not start another business because I do and I got 580 and nobody knows it because I don’t have the time to run it I would love to but it’s a 45 goal and mine is on 10 year notes so it all depends on what the person is risking todo
2026-08-13 05:04:08
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Jeff :
Owner finance is the solution. But the problem is finding a landowner that would want to do that.
2026-08-13 15:43:02
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kevin finch :
Man that would have to suck I got my 200 acres handed down to me from my family witch I make the 4 gen owner I couldn’t imagine having to come up with that much to start out I wish everyone be as lucky as myself it gets handed down to my son and his son after me
2026-08-14 08:08:01
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Cody :
It’s just gonna keep going up
2026-08-14 19:44:28
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Snatchitysnatch :
The greedy suppliers steal any profits in farming
2026-08-13 14:32:15
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TC :
Land is crazy
2026-08-14 10:39:28
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user5179178069593 :
Never cash flow
2026-08-13 18:24:45
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Travis Gillilan :
The first year sucks ass it’s rice and beans but it only gets easier from there.
2026-08-13 13:34:55
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Uncle buck :
You got to marry for money 💰 and learn to love her 👍
2026-08-13 19:06:39
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my.two_cents :
Most guys that build their own farm have a good paying job. Trying to farm your way into it is almost impossible. Unless you can make payments directly to a retired farmer.
2026-08-13 04:48:23
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4020guy :
And here where I am lands around $3,000/ac and thought that was high. I bought a bunch at $350/ac
2026-08-13 03:05:04
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Aaron spencer :
the good Ole rent to own. if the land owner doesn't need the money now. contact for deed is the way to go if you can get the landowner can agree on a lower interest rate
2026-08-13 02:12:50
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