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Real Estate
Reply to "What does it cost to maintain a hobby farm?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My parents have a hobby farm. It is managed by a farm manager and 4-6 men. The outlay for payroll and regular equipment maintenance is roughly $500-600,000 a year. This is on top of any other unusual outlays (another field truck, another tractor, replace the barn generator, reroof the stock barn). It is a complete money suck. On the other hand it provides a huge amount of pleasure to them and it is hard to argue with that. They do not live there fulltime so these expenses are all on top of their regular expenses.[/quote] This is so helpful, thank you!! -OP[/quote] I know nothing about this topic, but am curious about whether OP is actually willing to pay a half million or more per year for an 11 acre farm. I would watch that reality TV show. [/quote]
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