Summary
In this episode, Antonio and Janice discuss some of the ins and outs of buying a farm, including the different ways people can use farmland (no, you don’t have to become a farmer) and what to look out for when visiting farms for sale. They also explain why farmland is such a good investment, and how some farms may bring you more value than others.
Resources:
Get our FREE Buying Farmland Checklist here so you know what to look out for when visiting farmland for sale.
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Timestamps:
1:45: The agenda for this episode
2:26: Antonio’s experience of not having the capital to buy a farm, and why his family resisted helping him at first
4:42: What motivated his family to change their mind about buying farmland (including the financial gains)
7:41: Why folks from other countries know not to give up farmland
8:48: Weighing the options for buying land: Cottage or farm?
11:58: Want a farm, but don’t want to become a full-time farmer? The pros of buying farmland to become a homesteader
17:10: Why it’s so much work to start building a farm on “virgin land”
18:23: The benefits of buying farmland that’s already been lived on for many years
20:06: Cavaleiro Farm helps folks who are looking to buy farmland. The number one thing we do with clients to start off their search in the right way.
22:03: Good questions to ask when visiting farmland for sale
23:45: Common problems that happen when someone buys the wrong kind of farm
26:18: Antonio’s story: An example of how to buy the right farm
29:24: How to “walk the land” (things to look out for) when visiting farmland for sale
33:34: Get our free Buying Farmland Checklist here
34:34: What to look for in a farm if you’re looking for self-sufficiency and sustainability
35:37: How to get your family’s buy-in when trying to move to farmland (and why it’s critical)
38:27: How your kids can help with the buying farmland process