Investing with cattle🐄

[Amanda Furline]

Investment Info:

Other other investment.

Purchase price: $200,000
Cash invested: $90,000

Purchased this 48 acre tract during covid. The numbers with raising cattle made sense that the investment would more than pay for itself! Since then we have built a barndominium once completed we estimate about $1,000 a month cash flow from it alone. Raising about 20 head of cattle at Commerical prices should give us an annual return of about $26,000 at the current market prices (at weaning). Our registered cattle have the potential to earn us up to double that.

What made you interested in investing in this type of deal?

Cattle has been a good resource for us to earn extra income to pay for our real estate investments! We needed to find the right tract of land that would support raising cattle.

How did you find this deal and how did you negotiate it?

This deal was on the market it had a few price drops and we were able to negotiate down further.

How did you finance this deal?

Farm credit

How did you add value to the deal?

We have built a barndo to add another option for revenue on this property.

What was the outcome?

Still pending completion of the barndo.

Lessons learned? Challenges?

Raising cattle is not passive, we put in the work to making sure our animals in good shape!