You don’t have to be Old McDonald to appreciate the value of owning a farm nowadays. The truth is that Mother Nature isn’t making any new land, and America will always need farmers. Despite Charleston’s rapid development in some areas, there are still beautiful rolling acres perfect for raising animals or growing crops, especially in Awendaw and parts of Johns Island.
So, here’s a shrewd housing hack: Why not consider purchasing farmland where you can either live and grow crops on yourself or profit from that terra firma as an investor? “Farmland is a valuable investment due to its appreciating value over time, limited availability, our increasing population, and rising food demand,” says Dutch Mendenhall, an expert real estate investor. Jon Molek, a real estate expert pro with Best Offer Ohio, subscribes to that theory. “Buying farmland can be a wise choice for those seeking self-sufficiency and a simpler lifestyle.
It also offers the potential for long-term capital gains since owning tangible assets like this can act as a hedge against inflation, which tends to be less volatile than other financial assets,” he notes. “Also, farmland ownership can come with significant tax incentives.” Ideal candidates include those passionate about agriculture, including entrepreneurs seeking to expand ventures or profit from a leased or sold property.
“Those who love to work with their hands and enjoy being outside should consider this, as well as people who are extre.
