Latest / Dollars In The Dirt / #008 - How To Know When It’s Time To Buy More Land

Transcript

#008 - How To Know When It’s Time To Buy More Land · Dollars In The Dirt

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  Buy land. Wise man once said, buy land,
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  See this all the time, you know, the good operators in our industry consistently
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  keep buying more and more land. Are you a rich man? I
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  don't know about
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  having all these tractors makes you rich but maybe the land that you're working makes you
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  rich eventually. Welcome to Dollars in the Dirt. I'm Breckin Curtis
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  and this is where we break down the finance side of farming so you can grow
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  your operation, buy that next property and build real wealth.
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  Let's get into it. Hey guys, my team have given me some more viral videos to
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  look at, see what my reaction is, whether I agree, disagree or
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  you know, what my thoughts are on these videos. So here we go. Boy.
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  My husband and I evaluating how many animals we have after just two
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  I mean, that really got out of hand fast. Yeah,
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  these guys definitely need to buy another farm. And this is often the case.
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  You see people with too many stock for the properties they got, and then they need
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  to go and buy another one. And it's the way that people do it. They have
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  too many cattle, then they have enough cattle to stock the next one. So this
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  guy needs to probably talk to someone and buy another farm next door. If
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  you're paying 100% of your farm improvements out of pocket, you're choosing
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  the most expensive path on purpose. Well, you know, maybe
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  you could finance, like a lot of people pay cash for machinery,
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  fencing improvements, when that could be financed and the cash could
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  be used for other things that help you grow your business rather than putting that
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  into capital improvements like machinery and fencing and livestock, when
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  you could actually finance that, get a better deal and use the
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  cash for something else that'll help you grow your business even further. Just
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  quickly, if you're tired of explaining your operation to a new bank manager every
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  year, only to get a one-size-fits-all deal that doesn't fit
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  your business, we can help. At Season Finance, we do things differently.
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  We've got over 70 years of combined experience in agricultural lending,
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  and we work for you, not the banks. We're the consistent expert team
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  in your corner, fighting to get the finance that actually helps you grow, purchase
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  the next property, and build your legacy. Don't leave money on the table. If
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  you're looking at your next move or just want a second opinion on your current setup, Click
• 2:15
  the link in the show notes to book a confidential, no obligation chat
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  with the team and we'll show you what's possible. Righto guys, now back
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  By land, wise man once said. buy
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  We see this all the time, you know, the good operators in our industry consistently
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  keep buying more and more land, getting themselves in a position where they can buy
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  more land, buy the neighboring property, completely understand their
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  numbers and have someone there helping them to acquire the
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  I get asked all the time, what should I invest in? What should I put my money into? Land.
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  And the other strategy we see is often people buy
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  land in different geographical locations to diversify their climate
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  risks. So, you know, they're looking at different areas, being
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  able to expand their operations so that they don't get caught with droughts or
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  floods or, you know, different impacts and having properties
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  closer to market so they can finish their cattle is really
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  important. So, you know, buying land is definitely a
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  Are you a rich man? What do you mean rich? What do
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  you mean? You have a lot of possessions. A lot of money in the bank.
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  Possession make you rich? I don't have that type of
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  I don't know about having all these tractors makes you rich, but maybe
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  the land that you're working makes you rich eventually. By buying more land,
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  you'll get richer and richer, that's for sure. People might go and buy equipment or put
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  the money in other assets that don't actually help them grow their business, but
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  buying land is one of the most successful and proven strategies
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  to extend your business and increase your wealth. Hey guys, thanks
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  for listening. Hope you've enjoyed my reaction to these videos and if
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  there's anything else you'd like me to see, have a reaction for, send
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  them through and we'll take a look. Thanks for tuning in to Dollars in the Dirt.
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  If you've got value from today's episode, make sure to subscribe so
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  you never miss the insights you need to grow your business. And if you're ready to stop
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  being just another number to the banks, visit Season Finance via
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  the link in the show notes. Remember to follow us on socials and catch