Why I’m Buying Farm Land

I came close to buying 35 acres of land here in the Dominican Republic, and the deal fell through over a difference in price negotiation. Looking back at that deal, It would have been a big mistake. I should have offered to just buy half. But it’s to late. 💲Patreon Exclusive💲 https://www.patreon.com/tommybryson 😎Call Me😎: https://bit.ly/30IBr0i 😎Second Channel😎: https://bit.ly/3c4sVPS 👨🏽‍💻Financial Freedom Course👨🏽‍💻$100 OFF CODE: LONGTERM Link: https://longtermteam.teachable.com/p/financial-freedom-steps-from-nothing-to-freedom 1. I love the idea of Homesteading - Living on a farm with your family - Doing honest work - Living off the land and knowing what you’re eating I don’t mean off-grid: - I want electricity - Running water - And modern conveniences like internet and plumbing - And if I can get from the grid great, but I also want to work on independence too, just in case you know Why I like: - Nutrition and independence are the two main things that led me to this idea - The minute farming became profit-driving, it led to companies pumping our foods with a bunch of chemicals that can cause problems in the long term - And also during 2020 I learned that, if things get ugly I have no way to truly survive independently really 2. I’m Fully aware that this is not Investment ( and most people buying land for this purpose should be too ) - An investment is putting your money into something that makes you an appropriate return without risking your capital too much - Buying land like this ( for personal reasons and ideals, is not about investing really) - But life Is not about investing this way either Having Land - Provides housing - Provides Food - Could eliminate utility bills The point: - What you choose to depend on is up to you - And you don’t have to always be thinking about making more money really - If you don’t need more money ( think about that ) 3. What I’m looking to do with the Land - This is really not that complex - Its simple but I think really important First: Honest Work - For myself and especially for my kids - Kids these days are just tablet addicts - And parents are phone addicts - I don’t like it - So having a farm, to go to, and to do work each day is great to instill values in myself and my kids Second Food: - I didn’t really think this was that important ( until I started actually seeing my family grow old with a lot of health issues ) - Growing your own food and raising your own food, means you can control the quality of the food - Doing that also gets you into shape and exercise 4. My Plan ( the Bad news ) - I don’t think I’ll be able to buy this land anytime soon - Currently, we’ve updated for a more transitional plan - To live in a small town and have land close to take off (at least less than 15M away) This may not sound like a big deal and it's not really - But this means One house in a town and buying land - This is double expenses - Those will require some more patience to acquire the land Benefits: - You live in a Town - You get to learn and experiment - I can still get the food, do the work, and get what I really want Con: - Is just patients But there is another idea: - Buy a good enough plot of land in Town to do the basic farming - I was reading and it looks like 5-10 acres is more than enough - I have no idea why I wanted so much ( greed maybe ) * PRO TIP* INFORMATION IS EVERYTHING 💲Patreon Exclusive💲 https://www.patreon.com/tommybryson 👕Merch👕 https://teespring.com/stores/tommybryson ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬ 🎁ACORN FREE $5🎁 Link: https://acorns.com/invite/38EYSU ⚡FREE KINDLE UNLIMITED⚡ (traditional reading) Link: https://amzn.to/2VGbxt9 👨🏽‍💻DISCORD PRIVATE GROUP👨🏽‍💻 https://discord.gg/EcZEHpA My Camera Gear: https://www.amazon.com/shop/tommybryson ✔ Help Us Reach 600,000 Subscribers: https://goo.gl/0wvm6w 😎All My Social Media😎 Link: https://linktr.ee/tommybryson --- Disclosure & Educational Disclaimer: Some links in this video may be affiliate links, and I may earn a commission. Content is educational and accurate as of posting; offers may change. I’m an accountant but not your accountant; always consult your own accountant/CPA or financial advisor. No income or results are guaranteed.