RETA

Real Estate Trend Alert

By Ronan McMahon

How to Due Diligence Any Farmland Package Deal

A lot of farmland and agri-deal pitches cross my desk. The pitch is always the same: This will make you rich. The opportunity is usually presented as ready-to-go. You won’t have to worry about finding or assessing the land or selling the agricultural product. In fact, you won’t have to do much other than put some money up and wait for the returns to start rolling in.

But the reality of these deals is very different. Most of the time, the numbers just don’t stack up. If you’re thinking of investing in agricultural land, it’s important that you can sort the wheat from the chaff. You do that by asking the right questions.

March 2017: Big Profits in Playa del Carmen’s Golden Zone

“Here…over here!” My contact shone the flashlight of his camera phone at a gap in the fence behind a faded billboard. He squeezed through. I hauled my six-foot-two frame after him. We left behind the wide, tree-lined boulevard. Luxury SUVs passed by, their drivers unaware of our presence beyond the fence. Or what the future of this Playa del Carmen neighborhood holds…