Artem Milinchuk has over 10 years of finance experience in food, agriculture, and farmland. Prior to founding FarmTogether, Artem was employee #1 and CFO/VP of Operations at Full Harvest Technologies, a now post-Series A B2B platform for buying and selling produce.
He previously worked at Ontario Teachers' Pension Plan, Sprott Resource Holdings, E&Y, and PwC. Artem holds an MBA from The Wharton School and a BA and MA in Economics from the Higher School of Economics.
Now, let’s look at what we discussed in this episode:
- What inspired FarmTogether?
- What is farmland investing?
- What does the market look like in farmland investing?
- What are the typical returns for farmland investing?
- How do you choose which farms to invest in?
- Risks in farmland investing
Here’s a breakdown of how this episode unfolds…
It's actually one of the biggest real estate sectors. It is huge. There are about 2 million farms out there, split between pasture land, permanent crops, and raw crops.
Farmland really has in the last 30 years only 2-3 quarters when the index went slightly down. So there are a few cases where farmland even decreased in price because again there's such a stable long-term asset. And that's because again it comes back to the point that we all need to eat. There's a limited amount of land and it's decreasing and the population is increasing.
Subscribe & Review in iTunes
Hey there – are you subscribed to my podcast? If you aren’t, please show your support of the show by doing so now. I don’t want you to miss a beat, so if you’re not subscribed, there’s a good chance you’ll miss out on those. Click here to subscribe to iTunes!
If you’re one of our super special listeners, I would be really appreciative if you also left me a review over on iTunes. Those reviews help other people find my podcast. Why not spread the insight to help other physicians and professionals on their passive income journey? Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know why you enjoy the show so much. Thank you!
OTHER WAYS TO ENJOY THIS POST:
Download a Transcript (coming soon!)
Download on iTunes