Latest / Dollars In The Dirt / #002 - Ag Finance Broker Reveals If Farmers Should Buy Land
Transcript
- 0:01I ask people, are you smarter than Bill Gates at business? There's
- 0:05lots of farmers in Australia that have been doing that long before Bill Gates thought it
- 0:09Now, if I was to finance my new tractor,
- 0:16What does he think he's going to get, free finance? One
- 0:19of the most radical things you can do today is buy land. There's constantly
- 0:23farmers buying more and more land for this exact reason. Welcome
- 0:27to Dollars in the Dirt. I'm Brecon Curtis, and this is where we break down
- 0:30the finance side of farming so you can grow your operation, buy
- 0:34that next property, and build real wealth. Let's get into
- 0:37it. Hey guys, my team have given me some videos to look at. They're different
- 0:40farming videos from around the world have gone viral on Instagram
- 0:44and they want me to see what my reaction is to how they look and what
- 0:47I think of them and if they're full of shit or what they are. So, here
- 0:51Now, if I was to finance my new tractor, what
- 0:55would the interest rate be?
- 1:07Also, there's a finance fee of $425, there's freight of $330, a software ready
- 1:10fee of $6,120, mirrors will be $400, the lights package will be $2,200, there's a license plate bracket for
- 1:36What? Of course there's all these fees, like what does he think he's gonna get, free
- 1:40I think I should talk to my wife about this. Rather you
- 1:47Of course, there's all these fees. You think you're going to get finance for
- 1:50a tractor at 0%, the bank needs to make money. The
- 1:53cost of the finance is in the price of the machine. It's
- 1:57going to be factored into something somewhere. This is just
- 2:00a tractor. Imagine what this would be on a cattle station. We're talking hundreds
- 2:04of thousands of dollars in hidden costs if we just
- 2:07let the bank put the fees in behind the scenes. You need
- 2:10to come to a a broker who can break all this down for you, can
- 2:14explain to you in layman's terms exactly what it's going to
- 2:17cost and how much it's going to be. One of
- 2:20the most radical things you can do today is buy land. No other
- 2:24assets can feed you, shelter you, and build wealth all at once. Well,
- 2:28how true is that? There's no other asset that we can actually
- 2:31buy that shelters you, feeds you,
- 2:35and also appreciates in value constantly, year on
- 2:38year. There's constantly farmers buying more and more land for this
- 2:41exact reason. They're feeding the nation. they're sheltering their
- 2:45family, and they're also increasing their wealth at the same time. Just
- 2:49quickly, if you're tired of expanding your operation to a new bank manager every
- 2:52year, only to get a one-size-fits-all deal that doesn't fit
- 2:55your business, we can help. At Season Finance, we do things differently.
- 2:59We've got over 70 years of combined experience in agricultural lending,
- 3:03and we work for you, not the banks. We're the consistent expert team
- 3:07in your corner, fighting to get the finance that actually helps you grow, purchase
- 3:11the next property, and build your legacy. Don't leave money on the table. If
- 3:14you're looking at your next move or just want a second opinion on your current setup, click
- 3:18the link in the show notes to book a confidential, no obligation chat
- 3:21with the team, and we'll show you what's possible. Righto guys, now back
- 3:30There's lots of farmers in Australia that have been doing that long before Bill Gates thought
- 3:35Bill Gates has bought up 0.01% of America farmland.
- 3:41Same as Jeff Bezos too. Like there was lots of guys buying farms before Jeff Bezos
- 3:44thought it was a good idea. Once you're worth 10 mil, you should buy a farm. 10 mil,
- 3:48you don't need to be worth 10 mil to buy a farm. Like you can buy a farm if you're
- 3:51worth a lot less than that. Julius Caesar bought a farm. This is a 2000-year-old technique.
- 3:55Guys, there's plenty of amazing businesses in Australia that have been buying and
- 3:59expanding before Bill Gates and Jeff Bezos thought it was a great
- 4:02idea. It's a well-worn path, what they've done, and these
- 4:05guys are just, you know, Bill Gates has just come on in the last little
- 4:09while thinking it's a great idea. Business owners need to keep buying more land to
- 4:12keep expanding, more economies of scale, getting bigger and bigger. You
- 4:15know, there's more people coming back to the family farm to be part of the business, and
- 4:19more wealth gets created by it. The more land you have, the more appreciation there
- 4:23is, and it creates more wealth for your family. And farming is such an integral part
- 4:26of our whole Australian economy in feeding the nation, feeding
- 4:30the world. We have some of the greatest farms in Australia, the cleanest, greenest,
- 4:33most natural food production systems in the world and it's
- 4:37such an important part of who we are and what we
- 4:40stand for. So guys, you saw my reaction to those videos. If there's
- 4:44anything you want me to have a look at or give my opinion on, send them through and
- 4:47we'll see what we can do and put them together for you and we'll see what I think. If
- 4:51you disagree with what I've said in some of these videos, feel free to put them
- 4:54in the comments. We'll see what we can do and we'll give you my opinion and
- 4:58my take on that as well. So send them through. Thanks for tuning in
- 5:01to Dolls in the Dirt. If you've got value from today's episode, make
- 5:04sure to subscribe so you never miss the insights you need to grow your business. And
- 5:08if you're ready to stop being just another number to the banks, visit Season
- 5:11Finance via the link in the show notes. Remember to follow us on