Hi The first thing you need to tell us is what your day time job is and how much land you got. I have a feeling your Dad doesn't want to help you as he knows this is going to be tough and you probably won't get far, Spending money and even more so making money with what you have for land your equipment and your plan. My Dad is 67 and i'm 42. I want to farm our land, And I currently run our 6 hog barns. I also run a farm machinery repair shop. I can do all my own repairs to our equipment as long as it's not specialist machine shop work $400 doesn't go far there as I currently don't have a big lathe and mill.
machinery dealers are the same for shop rates and parts are getting very expensive. I have customers here that are spending 5 and $6000 on repairs at the drop of a hat. With product prices dropping where are you getting that money from. There is nothing worse than financing equipment on a tight budget and it goes wrong , Then you got 2 guys holding there hand out every month. I can tell you even with my skills repairs are expensive!
I need to update equipment here the last payment of my Valtra tractor goes out first Jan ($10.000) that was over 4 years 40.000 total plus running costs and maintenence/parts and repairs I did my self with no dealer costs . Now I need another Muck spreader and a back hoe loader thats going to be $35.000. Just to farm hogs. I'm not even running the grain side yet and those expenses. My Dad is being exactly like yours I got the big ideas on what to do, but he says wheres the money coming from to pay for it. I want to farm as I'm the last generation in our family that would carry it on. my dads just stopping short of giving me a Walmart job application!. Does my situation maybe clue you in a bit as to what you are getting into?. Some days I wish I wanted an office job that paid big bucks, But I'd be the miserable guy in the cubical next to someone else L.O.L Regards Robert
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