Agricultural and timberland investing means owning productive rural land, cropland, pasture, or commercial forest, for the income it generates and the appreciation of the underlying land.
Log in to followThis landed on me through an estate and I've read the documents twice, so numbers first. 320 acres, roughly 280 tillable, in a county where the extension survey put average cash r…
I've been pricing this out badly. Someone told me you can't get a mortgage on bare farmland the way you can on a rental, and that lenders want 40 or 50 percent down. Then I found…
This was my first purchase and it was small on purpose, which is the only thing that saved me. 12 acres about 40 minutes out, listed as farmland, $4,200 an acre, so $50,400. The p…
Running a small service business means my capital shows up in irregular lumps, and I've got one now that I don't want in the market. Two things in front of me. First, roughly 300…
I'm probably nine months from closing on my first piece, somewhere between 80 and 120 tillable acres. Two neighbors have already told me two different things about how to lease it…
Two farms, same county, eleven miles apart. I've walked both twice and I keep flipping. Farm A is 155 acres, asking works out to about $7,900 an acre. Roughly 40 of it holds water…
I have roughly $620k earmarked for a land allocation and two live options that behave nothing alike. Option one is direct. Around 70 tillable acres in a single county, priced near…
I bought 160 acres of planted pine three years ago on the theory that it was cheap land with a crop I could harvest on my own schedule. Paid $2,150 an acre, $344,000, all cash, no…
Running numbers on a 640 acre southern pine tract, mixed age, roughly 30 percent in stands 18 years or older. Ask is $2,650 an acre so about $1.7m. Standing inventory appraisal su…
Somebody I do work for is selling 78 acres about two hours from me and offered it to me before it lists. Asking $6,100 an acre, so roughly $476,000. I run a service business, five…
I've been going back through the NCREIF farmland numbers because a fund deck I got handed leaned hard on the recovery story and skipped past what happened before it. The facts as…
I'm putting together a service business around real estate, which means I read a lot of management agreements, and last week I read my first farm management agreement. It was for…
Two parcels in the same region, both about 80 acres, and I keep flipping between them. The first is what everyone here would call Grade A. High soil productivity rating, tile that…
A developer sent me an option agreement on the west 60 of my 160. Twenty five year term with two five year extensions, escalator on the rent, option period of three years while th…
A broker sent me 240 tillable acres in a corn and soy county at $8,400 an acre. That's a long way above the USDA average cropland number around $5,830, and the seller's case for i…
A listing agent in Iowa sent me a 78 acre tillable parcel and the sheet says "cash rent $285/acre, tenant in place." Then a farmer I talked to at the co-op said cash rent is for a…
A developer sent a neighbor of a parcel I'm watching an option agreement for a solar lease, something like $35 an acre a year for the option period and then a lot more if they bui…
I lend rather than own, and this was the first farm loan I did on my own paper instead of through a fund. It closed and it paid off, so numbers. Borrower was an operator with 640…