Monthly Archives: April 2019

“Land Rich Dirt Poor” | What does it mean to be Rich?

By Mike Downey, Land, Lease & Farm Succession Consultant In the article, “Inheritance is a gift, not a right”, we quoted a retiring farmer saying “We are land rich but dirt poor.”  This was his assessment after review of he and his wife’s estate after 50 years of farming and building a respectable land base. […]

The Lost Art of Using a Land Contract for Buying & Selling Farmland

By Mike Downey, Land, Lease & Farm Succession Consultant A common question we receive from young and beginning farmers is how can they position themselves for renting and purchasing land.  Often times they are focused on the unthinkable task of bidding against their neighbors the next time a farm comes up for sale or rent […]