Show Notes: https://retipster.com/182-pat-porter/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=7e8zVuLlwK0 Land Investing Knowledge Base: https://retipster.com/category/land-investing/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=7e8zVuLlwK0 10X Your Income from Land Investing: https://welcome.retipster.com/webinar-invite/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=7e8zVuLlwK0 Join Our Community: https://welcome.retipster.com/newsletter/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=7e8zVuLlwK0 Pat Porter returns to the REtipster Podcast to talk everything about farmland! Pat brings his wealth of invaluable insights to the (podcast) table. In this episode, Pat shares his expertise on investing in farmland, covering everything from important factors to consider when buying farmland, the typical returns investors can expect, and how converting raw land into irrigated cropland can increase property values. Pat even demonstrates how global market trends can essentially predict land values. If you're even a little bit curious about making your money work in the land game, Pat's stories and insights are as entertaining as they are educational. I hope you walk away feeling as enlightened as I did about the opportunities that farmland presents. 00:00:00 - Teaser 00:00:49 - Pat Porter's Experience With Farmland 00:04:31 - How Much Does Farmland Sell For? 00:06:32 - Why Buy Farmland? 00:08:09 - Are We Gradually Losing Farmland? 00:09:32 - The Conservation Reserve Program 00:13:10 - Factors That Influence Farmland Price 00:15:48 - Economies of Scale in Farmland Investing 00:20:58 - What Makes a Good Farmland 00:24:31 - Good Soil Type for Farms 00:27:04 - Turning Raw Land to Farmland 00:31:52 - Typical Farmland ROI 00:36:34 - What Drives Appreciation of Farmland 00:38:32 - Minimum to Invest in Farmland 00:44:22 -The Importance of Irrigation 00:48:07 - Finding Contractors for Farmland #retipster #retipsterpodcast #retipsterblog #sethwiliams #patporter #recland #farmland #investing #realestateinvesting #landbroker #ruralproperty #farminvestment #landinvestment #propertyinvestment #farmlandvalues #farmyields #farmreturns #convertingland #irrigatingland #landdevelopment