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Updated 16 days ago, 11/25/2024

User Stats

19
Posts
9
Votes
Raju Penmatcha
  • Rental Property Investor
9
Votes |
19
Posts

Love farm land - where to invest for appreciation?

Raju Penmatcha
  • Rental Property Investor
Posted

I love farmland. Is there farmland in New Jersey, Pennsylvania or surrounding states where I could invest on the land for a good price and expect strong appreciation on it in another 10 years?

User Stats

53
Posts
33
Votes
Diyan Yap
  • Accountant
  • Austin, TX
33
Votes |
53
Posts
Diyan Yap
  • Accountant
  • Austin, TX
Replied

How many years is your long term view on farm land investments?

User Stats

19
Posts
9
Votes
Raju Penmatcha
  • Rental Property Investor
9
Votes |
19
Posts
Raju Penmatcha
  • Rental Property Investor
Replied
Quote from @Diyan Yap:

How many years is your long term view on farm land investments?

Hi Diyan, about 10 years. Could be longer too if it is close to where I live, so I can visit it every weekend. If it is in or near to New Jersey, I like finding a vineyard farmer, and lease this land to them. Don’t know if vineyards have good ROI, but I do see several vineyards in southern Jersey when I drive in that part of the state.
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