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Updated 1 day ago on . Most recent reply

User Stats

5
Posts
3
Votes
David Willis
  • Investor
  • Richmond, Va
3
Votes |
5
Posts

OPM with Farmland - Is it Possible?

David Willis
  • Investor
  • Richmond, Va
Posted

I would love to buy some farmland/woodland for camping and recreation. However as a BRRR zealot, I can't wrap my brain around how to use leverage in this space. For example farm rents might be $20 an acre per year? Maybe a hunting lease for a couple thousand for several acres. And an acre might sell for $100k. I don't see how to make agricultural land cash flow.

thanks!

Most Popular Reply

User Stats

5
Posts
3
Votes
David Willis
  • Investor
  • Richmond, Va
3
Votes |
5
Posts
David Willis
  • Investor
  • Richmond, Va
Replied

Henry, thank you for the quick reply. If I understand options 1 and 2 correctly, 

waste area is land not suited for farming or development, but keep it for hunting.. ie streams, wetlands, etc. and for home property, search for properties with homes on I can rent, but subdivide off the large acreage for my own use?

thanks again for your help.

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