Owning farmland

[Starcraftmazter]

How is it possible to directly own farming land (either currently used for farming, or very fertile soil with irrigation of some sort) - without being involved in farming?

Not interested in any sort of managed fund, I do mean directly. As I presume most farms are family owned and this complicates such an endeavor. Would buying into a farming cooperative be viable?

Thanks

 

[Tysonboss1]

My uncle owns three dairy farms in nz, he is retired now and leases the farms to tenant farmers for a good return,

However he did work his whole life in the diary industry, attempting to do this with out the experience would have some big risks,

It Australia it could be as simple as buying some land and allowing a farm to run some cattle on it, again plenty of ways it could turn out with poor results if it was an investment.

 

[namrog]

Have you considered AAC shares ?

 

[skc]

Have you considered AAC shares ?

Directly

How is it possible to directly own farming land (either currently used for farming, or very fertile soil with irrigation of some sort) - without being involved in farming?

Not interested in any sort of managed fund, I do mean directly. As I presume most farms are family owned and this complicates such an endeavor. Would buying into a farming cooperative be viable?

Thanks

http://www.farmbuy.com/

Whether you are considering this endeavor from a business or lifestyle perspective, make sure you actually try it out (e.g. get a job on the farm) first before you pull up stumps and dive head in...

 

[Whiskers]

Directly



http://www.farmbuy.com/

Whether you are considering this endeavor from a business or lifestyle perspective, make sure you actually try it out (e.g. get a job on the farm) first before you pull up stumps and dive head in...

Yeah, if you have no experience you certainly should try before you buy.

Many people ridicule farmers and farming as next to poverty and backward. Certainly, it can be hard work and poor returns at times, but certainly not backward, at least in the sense that all you do is buy some acerage and plough and plant a crop or run some livestock.

Many blue and even white collar employees would be surprised at the amount of knowledge, expertise and technology to successfully manage a rural production enterprise these days.

One way to invest in farming land is to marry a farmer!

... or form close trustworthy relations with someone in the industry where you can become a partner in some way offering different but complementary skills or services, eg business administration, marketing, logistics etc.

Seriously, I know of a few cases where one partner was a tradie, 'professional' or business owner who kept their day job as security for bad seasons, and were often better able to capitalize on good seasons and increase their wealth. In these cases, like small business generally, they all put in the work and hard yards day, night and weekends when it is needed.

 

[RandR]

How is it possible to directly own farming land (either currently used for farming, or very fertile soil with irrigation of some sort) - without being involved in farming?

Not interested in any sort of managed fund, I do mean directly. As I presume most farms are family owned and this complicates such an endeavor. Would buying into a farming cooperative be viable?

Thanks

Your answer is HERE !!!! http://www.organicfarmshare.com/

Its an organic farm that you can buy a share of, the farm is managed. If i remember I think it cost about $5000 for a share. Unfortunately you have to live within 200km of the farm for them to allow you to buy, so you'd have to live in sth east queensland or the northern nsw coast to get yourself in on the action. For buying a share you get cheap veges, (you still have to pay for them) and a possible share of any profits (not very likely considering most of the members seem like massive greenies) but it does give you direct ownership of a farm.

But if your interested you could probably contact them and enquire if they know of any similar type schemes in your area.

 

[Whiskers]

Your answer is HERE !!!! http://www.organicfarmshare.com/

Its an organic farm that you can buy a share of, the farm is managed. If i remember I think it cost about $5000 for a share. Unfortunately you have to live within 200km of the farm for them to allow you to buy, so you'd have to live in sth east queensland or the northern nsw coast to get yourself in on the action. For buying a share you get cheap veges, (you still have to pay for them) and a possible share of any profits (not very likely considering most of the members seem like massive greenies) but it does give you direct ownership of a farm.

But if your interested you could probably contact them and enquire if they know of any similar type schemes in your area.

There was quite a few of those sort of share farms around in southern Qld 10 to 20 years ago, albeit not organic communities... for a short time before most if not all failed leaving many investers out of pocket.

Even community estates, Eco Villages, that have a lot of common ground for the residents and are usually organic based banning cats and dogs etc, are struggling these days with poor uptake of allotments and worse than general resale values.

 

[prawn_86]

I would have thought the easiest is look for land for sale that already has a long-term, or continuous lease in place. A friend just bought about 30 acres near Canberra and that is leased out horse owners who run their horses from there

 

[McLovin]

Buy the land and lease it out. You'll need it to be more than 2.5 hours from the bigger capital cities otherwise you end up competing with Pitt/Collins Street farmer types.

 

[So_Cynical]

Buy a working farm and rent it out...if you cant get a neighbor or local of some kind to take the whole property on then rent out the farm house to a local looking for a house and rent the paddocks (grazing or cropping) to a local farmer or 2.

Ive rented farm houses before where the land was rented by another person...its reasonably common.

 

[Starcraftmazter]

Thanks all, a vast array of useful information here.