Apologies for length! My wife and I made a pact when we were 23 and fresh out of college with no debt and married retire early. We both worked service industry jobs (although I owned a small business) we never took vacations, was very frugal with purchases, kept cars 250k miles bought used. My business allowed me to do side hustles like aerate lawns etc. All this allowed us to retire at 51. Now do we spend money on things we try to impress others with…nope! We still drive mechanically sound 2003 CRV’s . But we had faith it would happen, it took 2 years of hard looking to be able to buy our land/ homestead just last fall. It’s not a sprint to live a good life, but a journey that with the right partner is invaluable! Good luck to your viewer.
That's awesome. Reaching the goals with somebody special is what life is all about. Enjoy the rewards and returns. (And avoid the jib jab, to stay healthy ☝️😎)
Congratulations on reaching your dreams! I just have a question for you. Does living life very frugal and (don’t take this the wrong way) but bland not get boring or mundane? My girlfriend’s dad is the same way he tells us we need to save better and instead of going to Olive Garden on a niceish date once every 3 months. To us life kind of seems boring to not enjoy spending money for things in your youth years as well. He is a rancher and always believed in not spending 12 dollars on tool that would help him and now it’s biting him because he is 54 and has money to do stuff but now doesn’t have the health. He can barely bend over to pick something off of the ground.
@@corywilliams4324Hi, Cory. Good question. I'm in my early 40s but have wondered the same thing. I'd say the mindset about money is most important. If you have some type of plan for not spending everything you make and saving for the future you're probably gonna be ok. You can put 'eating out' into your monthly spending plan. Life doesn't have to be 'either-or' all the time. Saving now and living a little frugally now will probably allow you more freedom and enjoyment in like 20 years from now.
@@corywilliams4324 we had never felt that our lives were either boring or mundane. We choose to do things which were either very low cost or no cost and enjoyed them all the same. Trips viewing nature in our town gave us the refreshment we needed to persevere; now we have excellent health and 30-40 more years to do whatever we like without financial struggles. I think the delayed satisfaction mentality is something not often seen or practiced in today’s society…we are an instant gratification people. Our way might not work for people, but it suited my wife and I perfectly. Best wishes!
You've obviously done well for yourself Courtney, and you DO NOT come across as cocky or arrogant, so respect to you and the place that you've gotten yourself into.
There needs to be more business owners like Courtney. Not only is he running a great company and stands by the products he sells, he does all these great video's whether it's showcasing a product or giving advice..where else do you see this type of commitment to customers..you don't. Thank you Courtney I for one appreciate all you do!!! Keep up the great work.
Just want you to know that I subscribed because of the Bible verse at the end! It is great to see people who are not ashamed to publicly acknowledge the Bible. God will bless you for that.
Land is to be considered a long term investment. I was very hesitant to purchase a 220 acre tract that was near my home because of fear of the unknown that comes with a purchase like that. My dad told me told if I kept my money in the bank I could go sit at the bank on my days off with my money, or I could buy the land and go out there on my days off - which sounds better? I bought the land and have never regretted since. The land has a little over doubled in value since I purchased it also.
We have 40 acres, a tractor, a well, septic system, and an camp trailer. We just aren't able to build a house at the moment. It's far more expensive then its ever been. Currently renting nearby, while improving our land.
It is channels like yours that help people like me get started in farming. Buying equipment (new or used) is expensive. Buying the WRONG equipment is ridiculously expensive. Learning here what the different equipment can be used for and what to look for in the different tractors and attachments is tremendously valuable.
I really needed to hear that! I quit smoking and drinking not too long because I realized I wanted to do more on my property and it takes a little more money and better health. Thanks man!
Great advice! We bought 8 acres, built our home and purchased a tractor. It came down to opportunities and having a plan to take advantage of them. A friend saw a cardboard Land For Sale sign on a light pole, called me, and we eventually bought the property. Did I want more acreage? Who wouldn't? But it met our needs at what we could afford. The tractor purchase. Had a friend who was getting up in years and was downsizing. Got a JD tractor from him with 4 implements. Did I want a new tractor with a cab, heat and AC? Sure. But, it meet our needs at a price we could afford. There were trade-offs. I have 10+ year old vehicles. Didn't go on big ticket vacations. Stuck with a budget. "How can I" versus "I can't".
I own a tree farm and co-own a saw mill, but my primary source of income is securities litigation consulting. 1) If you can only afford something with a really long term loan, you can't afford it. I stick with 15 year mortgages and 3-5 years everything else. 2) If loan rates are less than you will likely earn in the stock market (which is almost always true with a decent credit score), use credit as much as possible. Losing a lot in capital gains to save a little in interest doesn't make sense. 3) Invest in yourself. Vo-tech schools are a great resource that too many people don't utilize. An electrical, plumbing, or welding course can pay for itself with one project.
I wish I knew anything about investing, the only investing I do is at work and that’s because the company matches every dollar first 3 percent then the next 2 percent 50 cents on the dollar. Even that I don’t let them play with. I just get what I and the company puts in. I don’t trust the people we go through being when we switched to them I specifically told them I do not want my money invested. When I looked into it the first time to check my balance they had put me into a medium risk investment and this was the start of covid and I had lost over 10k!! I was furious and now refuse to trust any of them. So the only way I could invest would be on my own and I have no idea who to trust. The place my work uses is Jon Hancock.
@ 1:40 - Work you ass off!!! Sorry, I said what you were thinking ;) Great video! Glad to see you're channel is growing still; been a while since I watched.
We bought a new tractor in 2021, a Kubota MX5200, at zero percent. The loan will be paid off In May next year. Time keeps slipping by so I hope we will fully own the tractor soon. In regards to land I tend to think we are heading towards troubled times. It might be best to hold off till we have a better idea. It doesn’t really make sense to buy a tractor before buying land. The type of tractor you buy might depend on the land you buy.
This video was for me. I was thinking about this yesterday. The bottom line is that it comes down to a lot of hard work and a lot of answered prayers, I think. I`ll get there one of these days, I know it. God Bless ;)
The plan was long-term side hustle to enable land purchase, then metal building and equipment, and 7 years later, it all comes together, and regular income allowed for a new home scheduled soon. Never give up.
What was your side hustle? Congratulations on getting to your dream. The irony is that some will tell you "must be nice" now that you are where you are, but when you were breaking yourself in half putting in the time and effort, no one was saying "must be nice".
I live in on a 1/3 acre lot in suburban detroit and own a 1024r. The tractor is even too big to cut my lawn however I own it with a loader and blade. Overkill yes! But it makes me happy and I find jobs to do with it. It’s the little things in life that make you happy!
Wish more people understood that hard work, determination, and failure/risk is what it takes to make dreams vs. the overwhelming sense of entitlement that is growing each day. Envy is a deadly sin and jealousy is somehow twisted into inequality. We are overall really bleseed as a country to live free but we are never happy enough with what we have. We are quick to step on others to get more even though we have not earned it. The evil one is crafty. Keep close to our Lord, stay humble, practice virtues, live with integrity and by faith. Really its all we need. Thank you for your thoughts Courtney and showing your faith through your integrity. Love the verses at the end of the video. God bless and take care!
I bought my property 8 years ago. It was a foreclosure with three acres that I got at a steal. I bought my tractor this year it was a used Kioti with a manual transmission. At half the price of a new tractor and has been a great tractor.
It was a struggle financially to get my property and tractor at the same time. But then the tractor saved me so much money in equipment rentals that it took the pain away.
A key is be smart with equipment purchases. I'm running antique tractors that purchase plus repairs to get them out of the fence row are still less than the down payment on new paint -- and no monthly loan to worry about covering. I saw one house with ten acres flip to new buyers and they remodeled the old farm house, knocked down the old barn put up a new pole-barn and I see a brand new two hundred horsepower tractor sitting there. One of my grandfathers sold milk from his eighty acre farm using only a Ford 8N. Don't over-buy for your needs.
There are reasons you have the life you do: you put the time and effort into it plus you recognized your opportunities then took advantage of them. You didn't waste your time on people and things that distracted and held you back. You have the internal motivation to do what you did and continue to do. Are you creative? Yes, but creativity comes from spending the time necessary to acquire a bank of knowledge to work from in order to put the pieces together that in turn foster creativity. You persevere. Fortuitious events exist but you primarily created your own "luck." Equally important is that you avoided "life mistakes." None of it is not difficult to figure out.
We as a family looked a long time for a place. We found a 5 acre property with a house. I started out with just a riding lawnmower, and during the winter I saved up all winter to make a down payment of a JD 3033r with a loader and a belly mower. I traded in the lawnmower with the down payment. That was 5 years ago. During that five years I threw whatever extra I had on the tractor, and paid it off. The tractor ironically is worth more than my car and about what I paid for it 5 years ago. We took advantage of the high prices of real estate and did a home equity loan to build a shop. We invested in the property as we are not moving anymore. It just takes time. You have to have patience. Of course I want more attachments but that isn’t in the budget right now.
It comes down to PRIORITIES. I have been asked, how, many times. I don't have the newest trucks or cars. I have invested in property and equipment instead of things the decrease significantly when you leave the lot. For just a couple of Disney trips, for example, I can buy a nice piece of equipment. I have bought and sold several smaller plots of land to purchase a larger plot of land. It can be done but you usually can't follow the crowd and what is popular with most people. Go against the flow and see how things will change.
I appreciate your videos on equipment and your opinion on that equipment. You advise thru experience and that you want to treat others the way you want to be treated., Thanks for the videos and sharing you life journey with us. Keep them coming.
Most people don't like to take risks, but taking risk is how to get ahead. It can be stressful at times, but with smart choices the end results are worth it!! ("Got to risk it for the biscuit"}
On the topic of land, one thing to consider is if there are tax breaks available. In Georgia, we have the Conservation Use Value Assessment (CUVA) program. CUVA is a ten-year covenant (or agreement) where a landowner pledges to maintain land in a qualifying use in exchange for property tax values based on the land’s productivity, not the fair market value. To qualify for CUVA the land must be owned by a U.S. citizen and must be used for farming, commercial production of agricultural products, and/or timber. There's also the Georgia Agricultural Tax Exemption (GATE) program where if your farm produces over $5000 a year in crops, you can be exempt from sales tax on agricultural equipment and production inputs (fertilizer, seed, feed, etc). While I am CUVA compliant, unfortunately I don't qualify for GATE. Anyway, the point here is to check if there are similar programs available in your state that can help reduce the cost of land ownership.
One way to make it happen is quit trading in the Range Rover every 2 years! My F250 is gas, not diesel, cloth interior no moon roof. Saved $30,000! Drove my last truck till the door handles literally broke off! Bought a 63 hp diesel tractor, 4 years old with just over 300 hours on it for less than 1/2 what a new one cost. It has turf tires, no one else wanted it. At that size & weight I don’t have any traction issues! You want it bad enough, and compromise a little, you can get there!
The guy does have a point. My neighbor was looking to get a side-by-side, the cost of these are basically the price of a Kia. Inflation is no more evident than in the tractor and ATV market. I'm looking/hoping for a crash next spring as these tractors sit on dealer lots unsold and inventory backs up.
My story is. I grew up in the construction industry in a few trades. I saved and in 1988 I bought my estate size lot 5 acres. I didn't even have a lawn tractor. We built. Then after the concrete was poured and house framed. We, being in the trades did EVERYTHING else. The house was done with no driveway. After the back fill we stopped and moved in with no gutters. We we waited a year and had black dirt brought in and spread it with a smaller 2 wheel drive tractor with a pull behind blade and a four wheeler. The tractor was smaller than an 8 9 N Ford My brother in law knocked it down and I made a heavy drag and pulled it with my four wheeler for about a week. We poured the concrete about 20 feet at a time for 300 feet. I used the garden tractor for 10 years mowing and then saw ZTRs everywhere. So I bought one. 2 years ago I bought a 25 hp TYM, thank God he finally mentioned them! My fit and finish is perfect. Amazing what it will do and lift. What I would do different. Save and buy the land again. ####1 Build a pole building minimum of twice as big as you think you want. It will still be too small! lol Buy a skid loader. The things I could have used one for would have taken 10 years off my life. Then I would build the house as I said earlier. I'm not a farmer or run a business from here, but the timing and help only made it possible. My estate lot was $16k and I borrowed $86k. My house 31 years later is $750k. You literally have to work like a slave to do it how we did it.
So wise , Thank You for the reminders that there are always Many things to consiter. Thank You for sharing . If we are Wise we listen to people and LEARN from there mistakes . We must always be thankful for the countless blessings we get
I've seen many people start something and fall apart at the first hurdle. Courtney has sailed through all these changes and is still hitting home runs. Could I do it no. But wow hats off to people like this as they are making it better without screwing over the rest of us.
I purchased my 3038E brand new in 2019. Paid cash for it. I purchased at that time the 6' rotary cutter (brush hog) and it already had the loader on it. I also got the cover for it knowing me and the sun don't really get along well. At any rate, it was the best purchase I ever made. As for the implements, can't afford them. Purchasing 4 or 5 implements that I thought I would eventually get, it would be like buying the tractor all over again.
Where I’m located (Dayton Ohio) 5 acres of land runs 75 to 150k. Which put me in the “I can’t afford it” category. So I bought land in a much less desirable location. I got 47 acres for 50k. But I have to drive two hours get there. So sacrificing and compromising is key.
But it gains equity so you may be able to sell it someday and switch for the property you wanted. Without the less expensive piece everything just continuously goes up in price and it stays out of reach. Land in my area was about the same price depending on whether it had water or not. I took a home equity line out to buy it, and it was a stretch to afford it. But three years later I had doubled my net worth in equity. In a couple more I had it paid off (though much was still on my house). I could now sell my house and have enough to build on my land and have everything free and clear. It took about ten years to get here.
Similar situation in DFW. We got priced out of TX so we purchased land in OK. I drew a circle around DFW that was a 2hr drive and then waited till something that popped that I liked and could afford. It’s also an investment in the future. Yes it sucks paying that mortgage but we are building hopefully generational wealth or a refuge for our kids as they get older at the very least. Basic gist is figure out your needs and wants and it will come.
i used to watch a guy that had a 70 horse cab tractor and dream what it would be like to own that (paul and cathy short). my snow removal business took off and before you knew i had a 170 hp tractor, i just got rid of that and now i have a 170 hp loader. sometimes you just find a way but careful what you wish for, my winter snow removal schedule is brutal.
It’s as simple as this, 90 percent of the people don’t own shit and are in so far over their head they will never recover. I refuse to buy on payment and when you do it this way you think really long and hard before you go drop 30k on a tractor. In the long run it saves you so much because #1 you don’t buy stuff you can’t afford, 2 when you do you take the time to choose wisely. In my case I bought myself a older 1988 kubota L2850 and absolutely love that thing. Garage kept and in perfect condition. I want to add, for me it’s all about saving a set amount no matter what.
Honestly, it’s tough and sometimes you just have to work more if you want it. It’s even worse now because things are SO expensive. It’s getting better, but it’s going to be a bit. It did help me on one end when I sold the tractor for an excavator because we needed both but needed the excavator more. I got out even. Now I need the tractor though and they are $10k+ more than they were. The other things I didn’t take into account were the sheer volume of materials a large property takes vs a small one and that used equipment is nearly impossible to privately finance unless it’s through a dealer or home equity. Cash is great, but it’s hard to have large sums of cash even when payments and down payments are affordable.
Buy used! In the last year I have picked up- 2018 MF GC 1720 TLB with 200 hrs on it Finish mower Brush hog Tiller Post hole digger Plow Landscape blade Cultivator Carryall All terrain garden cart I had to have cash for auction and FB Marketplace, but for everything I have right around $14k out for everything. A new MF GC1725 TLB, basically the same as my 1720 tractor/ loader/ backhoe, is almost double what I have into everything.
Worked my ass off to get my little house on 5 acres right in between Ann arbor and Detroit. Just bought a tractor this year and between that payment and the mortgage, its hefty. I choose to drive used vehicles that i luckily can work on myself, and i dont eat out and go party. I wanted my money to take care of me later, not make me look good now. There is a way to make this work if you really want it.
Good topic. As far as tractors go there are vintage tractors from the 1950's and newer that have 3 pth and can easily be set up with rear remotes if needed. You can get these tractors for a fraction of what you'll pay for a used John Deere or Kubota. As with any used tractor you have to look it over good to make sure your not buying someone's worn out piece of junk but same applies to John Deeres and Kubotas. If not properly maintained it doesn't matter what the name is on the hood. As to land if you have plentiful good farm ground and your not interested in farming it yourself you can either rent it or farm it on shares where you pay for the seed and fertilizer, the farmer does the work and you get a portion of the return when the crop is harvested. Some do it on the halfs and others do it on the thirds. As far as hunting leases go, here in PA, the state was quick to pass a law protecting landowners from liability from hunting accidents after a person was hit by a stray bullet. The reason being that if the landowner could be held liable as well as the hunter they feared a lot of landowners would stop leasing or giving permission to hunt putting a huge hurting on the hunting industry. Always best to check local laws or check with a legal professional before signing a lease.
Love this. Just what I needed to hear. Been saving and looking for both land and machines and like you said maybe theres a way to get it done 10 years earlier instead of 10 years in the future. Thank you sir 🙏🏼
I finally purchased my 1st home- 3 acres in a township and REALLY want a decent tractor/do-it-all machine. I want to plant an acre of flowers for bee-keeping and raise chickens for eggs, and have my personal gun range while being able to hunt in the wooded back lot. I turn 36 next April and still feel behind even though I make over 100k a year and this home will be my only debt. I try and buy for life instead of cheap stuff, and I don't plan on leaving this property unless I'm able to make at least 200k after I remodel and can find another "livable" home that someone else would pay a premium for a refreshed version. I fear not beinging able to actually locate another decent home on a lot of land for an affordable price in the future, so who knows, but I am trying to make my life as enjoyable when at home and being outdoors finally and out of these damn apartments!
I like all the overtures of positivity and how hard work will get you these things. But when I do the math, it does not add up. I have learned through hard knocks, got a good education, have an excellent job and several side hustles. My income has steadily increased over the years to where I now, supposedly, am in the top ten percent. Unfortunately, the pace of inflation in land prices has exceeded my increase in income. Hunting land that could be bought for 1000 dollars and acre pre-pandemic is now selling for 3-5k an acre. Large tracts will be bought by your developer buddy and they can typically outbid any homesteader if there is subdivision money to be made. So good luck. The dream of a homestead is steadily being eroded by our government's policy of helicopter money and loose monetary policy. If interest rates ever go back down borrow all you can and buy all you can........
@@GoodWorksTractors just depends on where you are at. Closer to acity it is higher, closer to vacation areas is higher, good farm land is more expensive than exhausted or eroded land. Recentlly clear cut forest is often cheap.
I did the numbers on a "general" tractor with an unskilled operator vs a skilled operator with dedicated machinery. I assumed I would need a 50% discount on going rates to make it work and it would take twice as long. Works out to about 1000hrs with the attachments I bought.... Your choices will impact the number. I did base mine on all day spare time from the operator numbers so this would drop hugely if I went all Kevin and demanded someone for an hour to do something now. Don't under estimate the cost of tools! As I wait for another shipment of bits to make life easier.
Bought property, got ahead in loan payments, redraw and bought equipment. In the interim minimised work done and bundled it into the discount window for the local operators - spare afternoons, whole day bookings, random windows between their jobs. If the plan is to get property, set it up and relax A) think again! B) just hire people and get it done as it takes a lot of time and equipment to get things done.
Just a note for justification. As long as it doesn't put you out and it's within your means because I want One also counts as a reason to get one. I started out just looking for a mower and then I found out that these little tractors can be had for about the same price as an industrial mower. Yes they're more expensive than a regular mower but when you buy one of these they're made to last a lifetime, Not like those home Depot models that you hope to get a couple years out of before the deck wears out. Well as time went on I found out that the little loader was all kinds of useful for different things whether it be snow removal or just getting those heavy pallets of mulch out of the back of your pickup. So the next thing I bought was pallet forks. After a while I bought a snow bucket. Then after a while longer I bought a three-point snow blower. Not everything has to be acquired all at once. You just get things as you can use them and as you can afford them. Me I live in town. I don't have a super giant property but the uses for One of these little tractors are endless. Even if it's main role is just mowing the lawn and snow removal. If you've got a big enough area to mow and remove snow this thing will pay for itself. The one thing I will say the more you have one the more uses you find for it. And if you've got a little bit of ingenuity there are tons of Facebook pages dedicated to people who make their own attachments for these things kind of reminds me of the old farm show magazines.
I bought my first 27 acres almost 3 years ago. I went with a Branson 2515R. Got it when the prices were still low. Since then the same tractor went up 3 or 4 k. Ive got 300 hours on it now, and its been great. The only issue ive had was the range selector lever had a set screw back out.
you have to have a skill to offer. If you are out in the middle of nowhere land is cheap, jobs are not. In the city, jobs are plentiful, land is not. So you have to have a skill to sell that you can sell everywhere or you have to have saved the money, or you have to commute.
The sad reality is it takes about a $1,000,000 to buy a 100 acres and put a decent house on it in my area. I'm about half way there and hopefully in 7-10 years I'll have enough to get it done.
I see that a nice BMW or Audi costs more than a 3039R with cab and a pile of implements... Tractors are very cost-effective. Automobiles are the more outrageous of the two.
My grandpa had his kubota l3400 for 15 years we just sold it a couple weeks ago for 1k less then he originally bought it for. They hold their value extremely well and the only reason we sold it is because we got a case 580 backhoe and are in the market for a skid steer
Some simple advice to those wanting land and or tractor/ equipment. 1. Drive older vehicles. NO car payments. If you have an auto loan, consider selling and buying an older vehicle. If you must still finance, better to pay off a 6-7k loan vs 36k loan. 2. Stop credit card debt!! Pay those eternal debt traps off!! 3. Sell that money pit boat or camper. 4. Stop the $6+ Starbucks daily cost of insane priced latte's! 5. Stop making multiple trips to the grocery store or the dollar general. Make a complete grocery list and stick to it. 6. Look at ways to cut costs in your daily/ monthly spending. 7. Set a BUDGET and stay on it!! You will save dollars you never thought possible. 👍
I went through this experience very recently where I wanted to upgrade from my Kubota m5400 utility tractor. It had no loader and 2wd, paid $6500 in cash so I can just take care of the almost three acre lot I've bought. But after four to five years I have realized how limited I was and a loader would be handy. So I finally pulled the trigger on a L4701 and used the M5400 as a trade in. Between the fact that I miss my old tractor and also being the second biggest purchase (behind the land) I feel like I have made a great and huge life decision I am proud of. I hope will encourage others that if it is ment to be it'll happen.
14:30 "Cutting out some bad habits..." Caffiene, Alcohol, and Nicotine are sneaky costs that afflict a LOT of Americans. Cutting out booze was hands down one of the best decisions I've made for my mental, physical, and financial health. Now to quit this pesky nicotine addiction.
People don’t see the process and the delayed gratification to buy land and a tractor. I sacrificed buying stupid shit my friends bought for years to make it happen. They only see the end result.
I’m a beekeeper and I do like to buy a Summit tractor or a Kubota (due to self leveling ) which is a must. While watching videos on the topic (a lot of your videos) I have nothing but a frustration instead of having a tractor. Kubota has a ridiculous price point. I do understand that it is the #1 on the market but I can not justify the price other than that if they add wings to their tractor I may call them airplane so I can justify the price. With Summit on the other hand I have other frustrations. 27% interest if I choose financing. I asked if they take cashier check and they said: NO. They have 4 Summit tractors but they don’t take cash. If it’s any advice there let me know please.
I cannot imagine them not taking a cashiers check if they are honest. They are just going for the interest. Dont deal with them they sound like a shady outfit. Find another dealer.
Can get a great price on a standard L if get lucky and can get a bargain compared to Deere and Kioti and the Kubota was way more affordable than I thought but I got a way better quote because checked out the msrp for my build on the website then asked for a better deal than got the equine NCHA discount a good dealer can help a lot on the price.
Hi there Good solid advice , many won’t or can’t make sacrifices though but love to say it’s ok for you , hard work is never easy , as you say make a plan and connections with people who can do you some good giving work for extra cash , it can be done as you’ve proved along with many other UA-camrs, Please put your hat on properly, I’ve never seen anyone look good with a hat on backwards NO ONE !!! Regards and enjoyed your vlog
I checked my Kubota quote vs equivalent Kioti and Deere and was pleasantly surprised it was more significantly more affordable than either one of what I consider to be at least slightly inferior machines. That being said I also like all tractors no color wars.
I was searching earlier this year for a 1025r or a B2601... found the B2601 to be a few hundred dollars cheaper than the 1025r and it's without a doubt more machine than the 1025r.
I love the pep talk, but your truth is having an awesome wife that is 100% behind you, and you are her, and that motivates both of you. I’m almost as old as you man, and our millennial generation is completely misinformed, but we owe it to our children to tell them the truth! You need a good woman that believes in you, and you’ll be motivated to do the rest for your family! Stop pretending you did all of this alone! Young men need to be motivated to be great, and the easiest way for them to be motivated is having an awesome woman to stand by their side. This shouldn’t be so rare
8th grade education and troubled youth, I appeared to be a loser. But I got a union lineman job worked very hard for decades. Was able to marry a beautiful woman have a family buy plenty of mountain land and live on it. And all it took was lots of hard work. If I can do it then you can too. All thanks be to Jesus.
Start small and buy used....We have 13 acres......not using all of it at the moment...We have 2 tractors...ones 84 years old and the other is 65 years old...both work well...More dangerous than newer machines, but serve the purpose.
Apologies for length! My wife and I made a pact when we were 23 and fresh out of college with no debt and married retire early. We both worked service industry jobs (although I owned a small business) we never took vacations, was very frugal with purchases, kept cars 250k miles bought used. My business allowed me to do side hustles like aerate lawns etc. All this allowed us to retire at 51. Now do we spend money on things we try to impress others with…nope! We still drive mechanically sound 2003 CRV’s . But we had faith it would happen, it took 2 years of hard looking to be able to buy our land/ homestead just last fall. It’s not a sprint to live a good life, but a journey that with the right partner is invaluable! Good luck to your viewer.
That's awesome. Reaching the goals with somebody special is what life is all about. Enjoy the rewards and returns. (And avoid the jib jab, to stay healthy ☝️😎)
Congratulations on reaching your dreams! I just have a question for you. Does living life very frugal and (don’t take this the wrong way) but bland not get boring or mundane? My girlfriend’s dad is the same way he tells us we need to save better and instead of going to Olive Garden on a niceish date once every 3 months. To us life kind of seems boring to not enjoy spending money for things in your youth years as well. He is a rancher and always believed in not spending 12 dollars on tool that would help him and now it’s biting him because he is 54 and has money to do stuff but now doesn’t have the health. He can barely bend over to pick something off of the ground.
@@corywilliams4324Hi, Cory. Good question. I'm in my early 40s but have wondered the same thing. I'd say the mindset about money is most important. If you have some type of plan for not spending everything you make and saving for the future you're probably gonna be ok. You can put 'eating out' into your monthly spending plan. Life doesn't have to be 'either-or' all the time. Saving now and living a little frugally now will probably allow you more freedom and enjoyment in like 20 years from now.
@@dustindavy4319 that sounds like a wise idea thank you dustin
@@corywilliams4324 we had never felt that our lives were either boring or mundane. We choose to do things which were either very low cost or no cost and enjoyed them all the same. Trips viewing nature in our town gave us the refreshment we needed to persevere; now we have excellent health and 30-40 more years to do whatever we like without financial struggles. I think the delayed satisfaction mentality is something not often seen or practiced in today’s society…we are an instant gratification people. Our way might not work for people, but it suited my wife and I perfectly. Best wishes!
Well spoken. Nothing just falls in anyone’s lap. You have to work for it. As my father-in-law used to say, “you’re an American, not an Ameri-can’t!”
Very generous of you to document your journey. No sales, just good honest advice. Much appreciated.
You've obviously done well for yourself Courtney, and you DO NOT come across as cocky or arrogant, so respect to you and the place that you've gotten yourself into.
There needs to be more business owners like Courtney. Not only is he running a great company and stands by the products he sells, he does all these great video's whether it's showcasing a product or giving advice..where else do you see this type of commitment to customers..you don't. Thank you Courtney I for one appreciate all you do!!! Keep up the great work.
Just want you to know that I subscribed because of the Bible verse at the end! It is great to see people who are not ashamed to publicly acknowledge the Bible. God will bless you for that.
Land is to be considered a long term investment. I was very hesitant to purchase a 220 acre tract that was near my home because of fear of the unknown that comes with a purchase like that. My dad told me told if I kept my money in the bank I could go sit at the bank on my days off with my money, or I could buy the land and go out there on my days off - which sounds better? I bought the land and have never regretted since. The land has a little over doubled in value since I purchased it also.
Great talk, Courtney. At age 55 I stepped out to pursue my dream. Not easy, but so rewarding!
We have 40 acres, a tractor, a well, septic system, and an camp trailer. We just aren't able to build a house at the moment. It's far more expensive then its ever been. Currently renting nearby, while improving our land.
It is channels like yours that help people like me get started in farming. Buying equipment (new or used) is expensive. Buying the WRONG equipment is ridiculously expensive. Learning here what the different equipment can be used for and what to look for in the different tractors and attachments is tremendously valuable.
I really needed to hear that! I quit smoking and drinking not too long because I realized I wanted to do more on my property and it takes a little more money and better health. Thanks man!
Great advice! We bought 8 acres, built our home and purchased a tractor. It came down to opportunities and having a plan to take advantage of them. A friend saw a cardboard Land For Sale sign on a light pole, called me, and we eventually bought the property. Did I want more acreage? Who wouldn't? But it met our needs at what we could afford. The tractor purchase. Had a friend who was getting up in years and was downsizing. Got a JD tractor from him with 4 implements. Did I want a new tractor with a cab, heat and AC? Sure. But, it meet our needs at a price we could afford. There were trade-offs. I have 10+ year old vehicles. Didn't go on big ticket vacations. Stuck with a budget. "How can I" versus "I can't".
I own a tree farm and co-own a saw mill, but my primary source of income is securities litigation consulting. 1) If you can only afford something with a really long term loan, you can't afford it. I stick with 15 year mortgages and 3-5 years everything else. 2) If loan rates are less than you will likely earn in the stock market (which is almost always true with a decent credit score), use credit as much as possible. Losing a lot in capital gains to save a little in interest doesn't make sense. 3) Invest in yourself. Vo-tech schools are a great resource that too many people don't utilize. An electrical, plumbing, or welding course can pay for itself with one project.
I wish I knew anything about investing, the only investing I do is at work and that’s because the company matches every dollar first 3 percent then the next 2 percent 50 cents on the dollar. Even that I don’t let them play with. I just get what I and the company puts in. I don’t trust the people we go through being when we switched to them I specifically told them I do not want my money invested. When I looked into it the first time to check my balance they had put me into a medium risk investment and this was the start of covid and I had lost over 10k!! I was furious and now refuse to trust any of them. So the only way I could invest would be on my own and I have no idea who to trust. The place my work uses is Jon Hancock.
@ 1:40 - Work you ass off!!! Sorry, I said what you were thinking ;) Great video! Glad to see you're channel is growing still; been a while since I watched.
We bought a new tractor in 2021, a Kubota MX5200, at zero percent. The loan will be paid off In May next year. Time keeps slipping by so I hope we will fully own the tractor soon.
In regards to land I tend to think we are heading towards troubled times. It might be best to hold off till we have a better idea. It doesn’t really make sense to buy a tractor before buying land. The type of tractor you buy might depend on the land you buy.
This video was for me. I was thinking about this yesterday. The bottom line is that it comes down to a lot of hard work and a lot of answered prayers, I think. I`ll get there one of these days, I know it. God Bless ;)
The plan was long-term side hustle to enable land purchase, then metal building and equipment, and 7 years later, it all comes together, and regular income allowed for a new home scheduled soon. Never give up.
What was your side hustle? Congratulations on getting to your dream. The irony is that some will tell you "must be nice" now that you are where you are, but when you were breaking yourself in half putting in the time and effort, no one was saying "must be nice".
I live in on a 1/3 acre lot in suburban detroit and own a 1024r. The tractor is even too big to cut my lawn however I own it with a loader and blade. Overkill yes! But it makes me happy and I find jobs to do with it. It’s the little things in life that make you happy!
Wish more people understood that hard work, determination, and failure/risk is what it takes to make dreams vs. the overwhelming sense of entitlement that is growing each day. Envy is a deadly sin and jealousy is somehow twisted into inequality. We are overall really bleseed as a country to live free but we are never happy enough with what we have. We are quick to step on others to get more even though we have not earned it. The evil one is crafty. Keep close to our Lord, stay humble, practice virtues, live with integrity and by faith. Really its all we need. Thank you for your thoughts Courtney and showing your faith through your integrity. Love the verses at the end of the video. God bless and take care!
I bought my property 8 years ago. It was a foreclosure with three acres that I got at a steal. I bought my tractor this year it was a used Kioti with a manual transmission. At half the price of a new tractor and has been a great tractor.
That was great advice
the reason many people are successful is called 'grit' they just keep going to reach the goals
Thanks for taking the time to answer that persons question. B/c I have to say
I'm definitely curious as well about the financial logistics...
Thanks for this video. I'm the same boat as the original commenter that caused this response video.
It was a struggle financially to get my property and tractor at the same time. But then the tractor saved me so much money in equipment rentals that it took the pain away.
A key is be smart with equipment purchases. I'm running antique tractors that purchase plus repairs to get them out of the fence row are still less than the down payment on new paint -- and no monthly loan to worry about covering. I saw one house with ten acres flip to new buyers and they remodeled the old farm house, knocked down the old barn put up a new pole-barn and I see a brand new two hundred horsepower tractor sitting there. One of my grandfathers sold milk from his eighty acre farm using only a Ford 8N. Don't over-buy for your needs.
There are reasons you have the life you do: you put the time and effort into it plus you recognized your opportunities then took advantage of them. You didn't waste your time on people and things that distracted and held you back. You have the internal motivation to do what you did and continue to do. Are you creative? Yes, but creativity comes from spending the time necessary to acquire a bank of knowledge to work from in order to put the pieces together that in turn foster creativity. You persevere. Fortuitious events exist but you primarily created your own "luck." Equally important is that you avoided "life mistakes." None of it is not difficult to figure out.
We as a family looked a long time for a place. We found a 5 acre property with a house. I started out with just a riding lawnmower, and during the winter I saved up all winter to make a down payment of a JD 3033r with a loader and a belly mower. I traded in the lawnmower with the down payment. That was 5 years ago. During that five years I threw whatever extra I had on the tractor, and paid it off. The tractor ironically is worth more than my car and about what I paid for it 5 years ago. We took advantage of the high prices of real estate and did a home equity loan to build a shop. We invested in the property as we are not moving anymore. It just takes time. You have to have patience. Of course I want more attachments but that isn’t in the budget right now.
It comes down to PRIORITIES. I have been asked, how, many times. I don't have the newest trucks or cars. I have invested in property and equipment instead of things the decrease significantly when you leave the lot. For just a couple of Disney trips, for example, I can buy a nice piece of equipment. I have bought and sold several smaller plots of land to purchase a larger plot of land. It can be done but you usually can't follow the crowd and what is popular with most people. Go against the flow and see how things will change.
I appreciate your videos on equipment and your opinion on that equipment. You advise thru experience and that you want to treat others the way you want to be treated., Thanks for the videos and sharing you life journey with us. Keep them coming.
Most people don't like to take risks, but taking risk is how to get ahead. It can be stressful at times, but with smart choices the end results are worth it!! ("Got to risk it for the biscuit"}
Thank you so much for the info and encouragement. I need to change my mindset! And thanks for acknowledging the Lord.
Hey
Thanks for the good words bro.
Looking to get into a piece of land next year and you will definitely be my source for equipment.
On the topic of land, one thing to consider is if there are tax breaks available. In Georgia, we have the Conservation Use Value Assessment (CUVA) program. CUVA is a ten-year covenant (or agreement) where a landowner pledges to maintain land in a qualifying use in exchange for property tax values based on the land’s productivity, not the fair market value. To qualify for CUVA the land must be owned by a U.S. citizen and must be used for farming, commercial production of agricultural products, and/or timber. There's also the Georgia Agricultural Tax Exemption (GATE) program where if your farm produces over $5000 a year in crops, you can be exempt from sales tax on agricultural equipment and production inputs (fertilizer, seed, feed, etc). While I am CUVA compliant, unfortunately I don't qualify for GATE. Anyway, the point here is to check if there are similar programs available in your state that can help reduce the cost of land ownership.
One way to make it happen is quit trading in the Range Rover every 2 years! My F250 is gas, not diesel, cloth interior no moon roof. Saved $30,000! Drove my last truck till the door handles literally broke off! Bought a 63 hp diesel tractor, 4 years old with just over 300 hours on it for less than 1/2 what a new one cost. It has turf tires, no one else wanted it. At that size & weight I don’t have any traction issues! You want it bad enough, and compromise a little, you can get there!
Work smarter and harder and you will achieve your goals.
The guy does have a point. My neighbor was looking to get a side-by-side, the cost of these are basically the price of a Kia. Inflation is no more evident than in the tractor and ATV market. I'm looking/hoping for a crash next spring as these tractors sit on dealer lots unsold and inventory backs up.
My story is. I grew up in the construction industry in a few trades. I saved and in 1988 I bought my estate size lot 5 acres. I didn't even have a lawn tractor. We built. Then after the concrete was poured and house framed. We, being in the trades did EVERYTHING else. The house was done with no driveway. After the back fill we stopped and moved in with no gutters. We we waited a year and had black dirt brought in and spread it with a smaller 2 wheel drive tractor with a pull behind blade and a four wheeler. The tractor was smaller than an 8 9 N Ford My brother in law knocked it down and I made a heavy drag and pulled it with my four wheeler for about a week. We poured the concrete about 20 feet at a time for 300 feet. I used the garden tractor for 10 years mowing and then saw ZTRs everywhere. So I bought one. 2 years ago I bought a 25 hp TYM, thank God he finally mentioned them! My fit and finish is perfect. Amazing what it will do and lift. What I would do different. Save and buy the land again. ####1 Build a pole building minimum of twice as big as you think you want. It will still be too small! lol Buy a skid loader. The things I could have used one for would have taken 10 years off my life. Then I would build the house as I said earlier. I'm not a farmer or run a business from here, but the timing and help only made it possible. My estate lot was $16k and I borrowed $86k. My house 31 years later is $750k. You literally have to work like a slave to do it how we did it.
So wise , Thank You for the reminders that there are always Many things to consiter. Thank You for sharing . If we are Wise we listen to people and LEARN from there mistakes . We must always be thankful for the countless blessings we get
I've seen many people start something and fall apart at the first hurdle.
Courtney has sailed through all these changes and is still hitting home runs.
Could I do it no.
But wow hats off to people like this as they are making it better without screwing over the rest of us.
Some great practical advice. Thanks for putting this video together. Enjoy your land and the fruits of your labor!
Agreed Courtney. If you set goals and stick to them, you can achieve what you want. It takes determination and sacrifice.
I purchased my 3038E brand new in 2019. Paid cash for it. I purchased at that time the 6' rotary cutter (brush hog) and it already had the loader on it. I also got the cover for it knowing me and the sun don't really get along well. At any rate, it was the best purchase I ever made. As for the implements, can't afford them. Purchasing 4 or 5 implements that I thought I would eventually get, it would be like buying the tractor all over again.
Where I’m located (Dayton Ohio) 5 acres of land runs 75 to 150k. Which put me in the “I can’t afford it” category. So I bought land in a much less desirable location. I got 47 acres for 50k. But I have to drive two hours get there. So sacrificing and compromising is key.
But it gains equity so you may be able to sell it someday and switch for the property you wanted. Without the less expensive piece everything just continuously goes up in price and it stays out of reach.
Land in my area was about the same price depending on whether it had water or not. I took a home equity line out to buy it, and it was a stretch to afford it. But three years later I had doubled my net worth in equity. In a couple more I had it paid off (though much was still on my house). I could now sell my house and have enough to build on my land and have everything free and clear. It took about ten years to get here.
Similar situation in DFW. We got priced out of TX so we purchased land in OK. I drew a circle around DFW that was a 2hr drive and then waited till something that popped that I liked and could afford. It’s also an investment in the future. Yes it sucks paying that mortgage but we are building hopefully generational wealth or a refuge for our kids as they get older at the very least. Basic gist is figure out your needs and wants and it will come.
i used to watch a guy that had a 70 horse cab tractor and dream what it would be like to own that (paul and cathy short). my snow removal business took off and before you knew i had a 170 hp tractor, i just got rid of that and now i have a 170 hp loader. sometimes you just find a way but careful what you wish for, my winter snow removal schedule is brutal.
Great advice and great attitude! Thanks for all you do! All the best from California 🧡
It’s as simple as this, 90 percent of the people don’t own shit and are in so far over their head they will never recover. I refuse to buy on payment and when you do it this way you think really long and hard before you go drop 30k on a tractor. In the long run it saves you so much because #1 you don’t buy stuff you can’t afford, 2 when you do you take the time to choose wisely. In my case I bought myself a older 1988 kubota L2850 and absolutely love that thing. Garage kept and in perfect condition.
I want to add, for me it’s all about saving a set amount no matter what.
Honestly, it’s tough and sometimes you just have to work more if you want it. It’s even worse now because things are SO expensive. It’s getting better, but it’s going to be a bit. It did help me on one end when I sold the tractor for an excavator because we needed both but needed the excavator more. I got out even. Now I need the tractor though and they are $10k+ more than they were. The other things I didn’t take into account were the sheer volume of materials a large property takes vs a small one and that used equipment is nearly impossible to privately finance unless it’s through a dealer or home equity. Cash is great, but it’s hard to have large sums of cash even when payments and down payments are affordable.
Buy used! In the last year I have picked up-
2018 MF GC 1720 TLB with 200 hrs on it
Finish mower
Brush hog
Tiller
Post hole digger
Plow
Landscape blade
Cultivator
Carryall
All terrain garden cart
I had to have cash for auction and FB Marketplace, but for everything I have right around $14k out for everything. A new MF GC1725 TLB, basically the same as my 1720 tractor/ loader/ backhoe, is almost double what I have into everything.
Spot on. Good material. People need to hear it from others.. Smart Channel. 😇
Worked my ass off to get my little house on 5 acres right in between Ann arbor and Detroit. Just bought a tractor this year and between that payment and the mortgage, its hefty. I choose to drive used vehicles that i luckily can work on myself, and i dont eat out and go party. I wanted my money to take care of me later, not make me look good now. There is a way to make this work if you really want it.
Good topic. As far as tractors go there are vintage tractors from the 1950's and newer that have 3 pth and can easily be set up with rear remotes if needed. You can get these tractors for a fraction of what you'll pay for a used John Deere or Kubota. As with any used tractor you have to look it over good to make sure your not buying someone's worn out piece of junk but same applies to John Deeres and Kubotas. If not properly maintained it doesn't matter what the name is on the hood. As to land if you have plentiful good farm ground and your not interested in farming it yourself you can either rent it or farm it on shares where you pay for the seed and fertilizer, the farmer does the work and you get a portion of the return when the crop is harvested. Some do it on the halfs and others do it on the thirds. As far as hunting leases go, here in PA, the state was quick to pass a law protecting landowners from liability from hunting accidents after a person was hit by a stray bullet. The reason being that if the landowner could be held liable as well as the hunter they feared a lot of landowners would stop leasing or giving permission to hunt putting a huge hurting on the hunting industry. Always best to check local laws or check with a legal professional before signing a lease.
Nice video thank you.
Nice!!!
I rent out 5 acres of my land to a youth football league for $500 every Saturday 9 months out if the year. Solid money
Needed this. Right on time. Thank you
Love this. Just what I needed to hear. Been saving and looking for both land and machines and like you said maybe theres a way to get it done 10 years earlier instead of 10 years in the future. Thank you sir 🙏🏼
I finally purchased my 1st home- 3 acres in a township and REALLY want a decent tractor/do-it-all machine. I want to plant an acre of flowers for bee-keeping and raise chickens for eggs, and have my personal gun range while being able to hunt in the wooded back lot. I turn 36 next April and still feel behind even though I make over 100k a year and this home will be my only debt. I try and buy for life instead of cheap stuff, and I don't plan on leaving this property unless I'm able to make at least 200k after I remodel and can find another "livable" home that someone else would pay a premium for a refreshed version. I fear not beinging able to actually locate another decent home on a lot of land for an affordable price in the future, so who knows, but I am trying to make my life as enjoyable when at home and being outdoors finally and out of these damn apartments!
Not affording farm land around here unfortunately!! Millions and millions for it!!
I like all the overtures of positivity and how hard work will get you these things. But when I do the math, it does not add up. I have learned through hard knocks, got a good education, have an excellent job and several side hustles. My income has steadily increased over the years to where I now, supposedly, am in the top ten percent. Unfortunately, the pace of inflation in land prices has exceeded my increase in income. Hunting land that could be bought for 1000 dollars and acre pre-pandemic is now selling for 3-5k an acre. Large tracts will be bought by your developer buddy and they can typically outbid any homesteader if there is subdivision money to be made. So good luck. The dream of a homestead is steadily being eroded by our government's policy of helicopter money and loose monetary policy. If interest rates ever go back down borrow all you can and buy all you can........
You haven’t been able to buy hunting land near me for $1,000 an acre as long as I’ve known. 3-5k an acre isn’t bad at all.
@@GoodWorksTractors just depends on where you are at. Closer to acity it is higher, closer to vacation areas is higher, good farm land is more expensive than exhausted or eroded land. Recentlly clear cut forest is often cheap.
I did the numbers on a "general" tractor with an unskilled operator vs a skilled operator with dedicated machinery. I assumed I would need a 50% discount on going rates to make it work and it would take twice as long. Works out to about 1000hrs with the attachments I bought.... Your choices will impact the number. I did base mine on all day spare time from the operator numbers so this would drop hugely if I went all Kevin and demanded someone for an hour to do something now.
Don't under estimate the cost of tools! As I wait for another shipment of bits to make life easier.
Bought property, got ahead in loan payments, redraw and bought equipment.
In the interim minimised work done and bundled it into the discount window for the local operators - spare afternoons, whole day bookings, random windows between their jobs.
If the plan is to get property, set it up and relax A) think again! B) just hire people and get it done as it takes a lot of time and equipment to get things done.
Just a note for justification. As long as it doesn't put you out and it's within your means because I want One also counts as a reason to get one.
I started out just looking for a mower and then I found out that these little tractors can be had for about the same price as an industrial mower. Yes they're more expensive than a regular mower but when you buy one of these they're made to last a lifetime, Not like those home Depot models that you hope to get a couple years out of before the deck wears out. Well as time went on I found out that the little loader was all kinds of useful for different things whether it be snow removal or just getting those heavy pallets of mulch out of the back of your pickup. So the next thing I bought was pallet forks. After a while I bought a snow bucket. Then after a while longer I bought a three-point snow blower. Not everything has to be acquired all at once. You just get things as you can use them and as you can afford them. Me I live in town. I don't have a super giant property but the uses for One of these little tractors are endless. Even if it's main role is just mowing the lawn and snow removal. If you've got a big enough area to mow and remove snow this thing will pay for itself. The one thing I will say the more you have one the more uses you find for it. And if you've got a little bit of ingenuity there are tons of Facebook pages dedicated to people who make their own attachments for these things kind of reminds me of the old farm show magazines.
I bought my first 27 acres almost 3 years ago. I went with a Branson 2515R. Got it when the prices were still low. Since then the same tractor went up 3 or 4 k. Ive got 300 hours on it now, and its been great. The only issue ive had was the range selector lever had a set screw back out.
you have to have a skill to offer. If you are out in the middle of nowhere land is cheap, jobs are not. In the city, jobs are plentiful, land is not. So you have to have a skill to sell that you can sell everywhere or you have to have saved the money, or you have to commute.
The sad reality is it takes about a $1,000,000 to buy a 100 acres and put a decent house on it in my area. I'm about half way there and hopefully in 7-10 years I'll have enough to get it done.
I know people who have almost completely paid for their land by logging it the trees will grow back and getting the land for free is worth it
Just found your channel. Great channel. Appreciate the information you shared here my friend. 😎👍
I see that a nice BMW or Audi costs more than a 3039R with cab and a pile of implements... Tractors are very cost-effective. Automobiles are the more outrageous of the two.
Agree definitely more of an asset as can make money vs the money and depreciation pit of the vehicle market especially European luxury sedans
Very good info and advice.
Have a great day.
GOD Bless
Thanks for your insight into this process.
Great info that you just gave us all. Thank you!!!😊
My grandpa had his kubota l3400 for 15 years we just sold it a couple weeks ago for 1k less then he originally bought it for. They hold their value extremely well and the only reason we sold it is because we got a case 580 backhoe and are in the market for a skid steer
Money 15 years ago was almost 300% more valuable than it is today.
All things are possible ~ Shalom
Very good advice sir. I totally agree with you maybe even I would look good on a 1025 r. 😂😂
Great video.
Some simple advice to those wanting land and or tractor/ equipment. 1. Drive older vehicles. NO car payments. If you have an auto loan, consider selling and buying an older vehicle. If you must still finance, better to pay off a 6-7k loan vs 36k loan. 2. Stop credit card debt!! Pay those eternal debt traps off!! 3. Sell that money pit boat or camper. 4. Stop the $6+ Starbucks daily cost of insane priced latte's! 5. Stop making multiple trips to the grocery store or the dollar general. Make a complete grocery list and stick to it. 6. Look at ways to cut costs in your daily/ monthly spending. 7. Set a BUDGET and stay on it!! You will save dollars you never thought possible. 👍
Some people just need to watch some Dave Ramsey.
I went through this experience very recently where I wanted to upgrade from my Kubota m5400 utility tractor. It had no loader and 2wd, paid $6500 in cash so I can just take care of the almost three acre lot I've bought. But after four to five years I have realized how limited I was and a loader would be handy. So I finally pulled the trigger on a L4701 and used the M5400 as a trade in. Between the fact that I miss my old tractor and also being the second biggest purchase (behind the land) I feel like I have made a great and huge life decision I am proud of. I hope will encourage others that if it is ment to be it'll happen.
do you have a farm? can you write your tractor off on your taxes?
Is there something you could plant and process with compact tractors on the open fields yourself? Might be interesting to watch.
Great video! Thanks for the info!
Is a B2601 a decent tractor? I'm looking for something a little bigger than a bx for my mainly wooded 6 acres for moving around trees.
14:30 "Cutting out some bad habits..."
Caffiene, Alcohol, and Nicotine are sneaky costs that afflict a LOT of Americans. Cutting out booze was hands down one of the best decisions I've made for my mental, physical, and financial health. Now to quit this pesky nicotine addiction.
Maybe someday you can tell us about John Deere cabs from cheap,to. More expensive for the x738 and 1025r
Thank you
With heat 😀
People don’t see the process and the delayed gratification to buy land and a tractor. I sacrificed buying stupid shit my friends bought for years to make it happen. They only see the end result.
would you cover massey ferguson?
good Advice
1) Don't spend money on depreciating assets. 2) Borrow money to buy appreciating assets. 3) Buy land instead of a bigger house.
I’m a beekeeper and I do like to buy a Summit tractor or a Kubota (due to self leveling ) which is a must. While watching videos on the topic (a lot of your videos) I have nothing but a frustration instead of having a tractor. Kubota has a ridiculous price point. I do understand that it is the #1 on the market but I can not justify the price other than that if they add wings to their tractor I may call them airplane so I can justify the price. With Summit on the other hand I have other frustrations. 27% interest if I choose financing. I asked if they take cashier check and they said: NO. They have 4 Summit tractors but they don’t take cash. If it’s any advice there let me know please.
I cannot imagine them not taking a cashiers check if they are honest. They are just going for the interest. Dont deal with them they sound like a shady outfit. Find another dealer.
Can get a great price on a standard L if get lucky and can get a bargain compared to Deere and Kioti and the Kubota was way more affordable than I thought but I got a way better quote because checked out the msrp for my build on the website then asked for a better deal than got the equine NCHA discount a good dealer can help a lot on the price.
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Good advice, thanks
Hi there
Good solid advice , many won’t or can’t make sacrifices though but love to say it’s ok for you , hard work is never easy , as you say make a plan and connections with people who can do you some good giving work for extra cash , it can be done as you’ve proved along with many other UA-camrs,
Please put your hat on properly, I’ve never seen anyone look good with a hat on backwards NO ONE !!!
Regards and enjoyed your vlog
I’m not here to look good. Good comment besides that part which was unnecessary.
@@GoodWorksTractorshat looks good either way.
Moral of the story: work hard; play hard.
A lot of paint inside that bucket Mr!
What tire do you recommend for traction on my 2025r?
I love the VersaTurf
@@GoodWorksTractorsdo you prefer that over an R14?
Its called what do you want out of life?and what are your priorities?
Nice thoughts
I checked my Kubota quote vs equivalent Kioti and Deere and was pleasantly surprised it was more significantly more affordable than either one of what I consider to be at least slightly inferior machines. That being said I also like all tractors no color wars.
I was searching earlier this year for a 1025r or a B2601... found the B2601 to be a few hundred dollars cheaper than the 1025r and it's without a doubt more machine than the 1025r.
I love the pep talk, but your truth is having an awesome wife that is 100% behind you, and you are her, and that motivates both of you. I’m almost as old as you man, and our millennial generation is completely misinformed, but we owe it to our children to tell them the truth! You need a good woman that believes in you, and you’ll be motivated to do the rest for your family! Stop pretending you did all of this alone! Young men need to be motivated to be great, and the easiest way for them to be motivated is having an awesome woman to stand by their side. This shouldn’t be so rare
I have the land own a blue tractor
I seem to break or lose something every time I use my tractor. Is this normal ? Or just me
Sounds like me, haha!
8th grade education and troubled youth, I appeared to be a loser. But I got a union lineman job worked very hard for decades. Was able to marry a beautiful woman have a family buy plenty of mountain land and live on it. And all it took was lots of hard work. If I can do it then you can too. All thanks be to Jesus.
Start small and buy used....We have 13 acres......not using all of it at the moment...We have 2 tractors...ones 84 years old and the other is 65 years old...both work well...More dangerous than newer machines, but serve the purpose.
My truck is 22 years old but my tractor is brand new.
My Dodge truck is 20 years old but my excavator is brand new.
Pensions, Military Retirement, Disabled Vet Income, Cash-in Investments