Hardwood11
It is going to be a good fall!
- Deleted by Hardwood11
- Reason: DD
Return on Investment (Land Price Only)
1981 to 2000: -0.61% Annualized
1981 to 2023: 4.69% Annualized
2000 to 2023: 9.39% Annualized
It is so much based on timing and getting a good buy. From 2000-2019 the land/farms that I have purchased have almost all doubled in value or more. One might be not quite there, but close + add in a lot of cash rent & CRP payments !
I feel fortunate to have pulled the trigger on these farms, some of it was risky ! Missed out on some good ones as well !
If I purchase one now which I will
be closing on one in October —I do not expect that to happen— quite possibly not even a gain for 2-5 years? Cash rent will help.
The game has changed!
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