Farm land is defined as land under cultivation or capable of being cultivated. Nowadays, people are getting back into farming for a variety of reasons. Young people in their 20's and 30's are going back into farming, abandoning their careers with large companies because they feel imprisoned. They want to work on the farm because they can be their own boss, set their own time schedules, and decide which crops to produce.
Finding farm land to buy, whether you are looking into expanding your operation or are a new farmer looking for farmland can be a challenge for some. However, there are several ways that you can start to find your dream farm land.
Network
Many people have said that the secret to buying farmland is to find it before it goes on the market, and the best way to do that is through a network of people who would know the land is about to go on the market. Try to build relationships with rural appraisers, farm insurance reps, community trust managers, and farm credit lenders. These people know the inside of the business and could be willing to help you out.
Surf Online
Buckle down and surf the net as it is the easiest and widest reaching resource available to everyone. There is a wealth of information at your fingertips, and it is not to be ignored. If none of the other methods are showing any decent results for you, take to the internet and surf!
Find a Specialized Realtor
There are several large real estate players that specialize in this type of real estate. Many companies actively sell land throughout the country for the specific purpose of farming. Get in touch with one of them and see how they can help you out!
It is also advisable to use a local realtor that specializes in rural properties as they probably know a lot of land owners in your area, and they will be most likely to be more efficient than you at reaching out.
Auctions
Auctions take a while, to be sure, but this can be a effective means of buying larger tracts of land.
Go small scale
Although most of you want to expand or get into large scale commodity production, it might be a decent idea to go into small scale farming. Local food produced on a small scale can be very profitable nowadays. The produce commands a premium price and it is fairly easy to find a small scale of land from some large company, local municipality, nonprofit group, church or other group. Another upside to small scale farming is that you don't have to buy some of the more expensive machineries needed on the larger areas of land.
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