FINANCING THE INVESTMENT 

 Do's 



Keep capital investment as low as possible. 



If part of capital must be borrowed, select type of 



mortgage that can be paid off most conveniently. 

 Determine tax rate before buying. 

 Make sure that title is clear and the property lines 



definitely fixed. 

 If some income is expected, check on possibilities of 



location with that in mind. 

 Plan to secure income from intensive crop and animal 



projects, e.g., vegetables and poultry. 

 Use governmental aids to the fullest extent. 

 Carry adequate insurance on buildings, equipment 



and furniture as protection against fire loss. 

 Install protection against lightning. 

 Be sure electrical wiring is properly installed. 



Don'ts 



Don't become heavily involved with fixed financial 



obligations at outset. 

 Avoid localities with heavy bonded indebtedness, 



resulting in excessive taxes. 

 Don't expect to get an income from growing staple 



crops such as grains. 

 Don't become dependent on hired labor if it can be 



avoided. 

 Avoid unproductive soil and top-heavy investment of 



capital. 

 Don't buy a stocked farm unless the stock is adapted 



to needs and properly valued. 



Don't neglect to take every precaution against fire. 

 Don't forget chimney flues are potential risks. 

 Avoid roofs of inflammable materials. 



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