One of my friends lends land to farmers.

One of his recently bought lands is going to earn him $40k/yr after taxes, it cost around $1M, so, a yield of around 4%.

Not a bad deal.

From what he told me, it needs to be explicit in the contract what they are or aren't allowed to plan.

This is because things like almond and peanuts consume so many resources from the soil that it leaves the place barren for a while after.

If I knew more about this market I would consider getting in too as a diversification strategy.

#leofinance #mydiary