Investing in Farmland

You do not see a lot of billionaires investing in farmlands except Bill Gates, of course. Perhaps, he understands the importance of investing in farmland. First and foremost, farmland costs less than commercial properties in urban areas, secondly, you can grow food, and food is one of the most profitable businesses. Wondering why? Well, food prices keep climbing, and with the world population skyrocketing, the demand is always growing. Thirdly, you can rent out your farmland and make profits without farming.

My inherited property, a one hectare coconut farm is rented by a big time farmer. He rented it annually and his farm productions gave him good profit. The rental of my property also serves as my passive income.

You are absolutely very right on that. For me l have sometimes taught about venturing into the Agro business. This is because the business is very profitable as the demand food increases day by day.

Having a farm can help people sustain their daily needs especially if you buy direct to the farm. The prices of the products are lower than being sold in the market.