great comedian John Pinette reference!

Or to quote Miranda Lambert: "Gravity is a bitch!".

@@2605155 Thanks for the info! I did not know where all that came from. So of course, I had to go watch that segment. Funny stuff!

We do two things fairly consistently. Get into debt, then hopefully get out of debt. We’re very conservative personally. My rule is maintain 50% equity on land. It will appear that we have more, because we shake up our debt structure consistently and shift as much of it over to equipment and infrastructure as possible. The IRS considers payments on appreciating land assets as unqualified for deducting from taxable income, but depreciating asset payments can be subtracted. I don’t believe in debt on equipment otherwise. I started with 30 plus year old plus units, and saved for 20 yrs to get a new shop, grain system, and get all my work horses newer than 5 yrs old. With the exception of a few chore tractors. I add that debt into my land equity calculation. Once I’m at 75% equity, it’s time to go shopping. I’m pulling out some equity. The land I’m buying is going to have value, so right now I’d be in the market for 600 acres. I always rent ground equal to what we own, so that would be 1200 acres of total growth. We’re 5 years away from that move. Why rent 1 acre for every owned acre? It used to be because I didn’t own much, and needed to average a $1000 / land payment, which a farm can’t realistically cover, with a much lower rent, in today’s numbers, about $250. A farm can sustain $625 if you do it right. Now it’s more about staying scaleable / modular. I can drop 1500 acres next year if the zombie apocalypse happened. I’ve never dropped an acre yet, and it would be heart breaking to do so, considering the conversion to organic process we go through. Sorry for rambling. You seemed genuinely interested.

@@LtColDaddy71 this is great, thanks for replying. Farms are not only the backbone of the country but enterprises run by very capable multifaceted individuals or a family team. One of the reasons I like Laura's channel is it shows the dedication and attitude to move forward to thrive. Your comment shows a head for finance which not too many of us have anymore.

@@superman60201 thank you, but my way may not be the best way for another farm. The main thing is to just get out there. Rent ground, work for farmers 1st to learn. You don’t have to be organic like me, most who are act like it’s the only way. Their are many smart ways to farm that this channel / Laura follow. They are good to their soil, not just trying to wring all they can out of it.

@@LtColDaddy71 there’s ups and downs to both for sure spraying your spending money on chemicals and fertilizers ,insecticide

@@LtColDaddy71 and with the organic lots more cultivating so you spend a little more diesel unless you’re burning your weeds or something along those lines then you’re spending money on propane lol either way you’re spending money lol

Reminded me of my 3 piece suit that I had received as my graduation from high school present. No way that I could ever fit into it again. I was small and lean then just like that myself (because I was also working hard at a full time co-op job for my last two years in high school) after growing up as a chubby kid.

You're making God proud of you

Catch a drone shot of I-80 sometime in the background.

So is Laura. Grant seems like a nice guy.

Thank you for your service Sir 🇺🇸

@@pauljilka6989 You're welcome.

Laura is a tough git r' done farm girl, but her fear of mice shows that she's still quite feminine in the good charming attractive adorable way!