#401 ·
Back again.
It's probably for the best that I walked away from that place.
Could an insider give me a ballpark figure for smaller plots of land out in the Midwest? Say, about 25 acres. I’ve been scrolling through listings, but the price fluctuations are wild, and as a novice, I can't tell what a fair market value actually looks like. Just a rough estimate would help.
Also, does it make sense to approach neighboring farmers to strike a deal where they manage my land for a few years in exchange for a share of the revenue? Or is that a move that requires too much blind trust? I'm looking for a way to get into Ag investment, but realistically, I won't have the bandwidth to manage it myself over the next five years.
Are there agricultural cooperatives where one can join as an investor? If anyone has suggestions, I’d truly appreciate them. I'm looking at starting with roughly $45,000—is that even a meaningful amount to begin with? This is strictly for diversification, so I don't plan on sinking more than that.
It's probably for the best that I walked away from that place.
Could an insider give me a ballpark figure for smaller plots of land out in the Midwest? Say, about 25 acres. I’ve been scrolling through listings, but the price fluctuations are wild, and as a novice, I can't tell what a fair market value actually looks like. Just a rough estimate would help.
Also, does it make sense to approach neighboring farmers to strike a deal where they manage my land for a few years in exchange for a share of the revenue? Or is that a move that requires too much blind trust? I'm looking for a way to get into Ag investment, but realistically, I won't have the bandwidth to manage it myself over the next five years.
Are there agricultural cooperatives where one can join as an investor? If anyone has suggestions, I’d truly appreciate them. I'm looking at starting with roughly $45,000—is that even a meaningful amount to begin with? This is strictly for diversification, so I don't plan on sinking more than that.