There is ranch farm land for sale all over the world, but most of the best farm properties are located in the United States. Within America, there is one state that is widely regarded to be one of the best and most underrated states to find ranch farm land for sale: Montana.
Montana doesn’t get much national press, but agriculture industry insiders know that it is one of the best states in the country to find profitable land. As its population continues to increase, Montana’s economy has stabilized and grown more than almost any other state since the most recent recession. This is evident by the rapid influx of investors into the state that are taking advantage of its continual growth.
There are Texas farms for sale and California ranches for sale that get all the attention, but the real gems in the agriculture industry are located in the great state of Montana. Here are a few reasons that you should consider investing in ranch farm land for sale in The Treasure State:
- Montana’s economy is booming. The U.S. economy is still rebounding after the Great Recession, but Montana has continued to exceed expectations in terms of population and economic growth. Montana’s population is projected to grow about 14.1% by 2043, and this is largely due to its strong emphasis on agriculture.
- Invest like a billionaire. One of the best ways to succeed in life is by following the lead of people who have a proven track record of success. In Montana, a considerable number of high-profile investors have purchased ranch farm land for sale because of its consistent economic performance over the years. In 1988, media mogul Ted Turner surprised many people when he bought the 100,000-plus acre Flying D Ranch southwest of Bozeman, MT, for over $20 million.
- Rent out your property. In Montana and most other states, you can use your ranch and farm property to gain ancillary income by renting it out. If your property is in the right place, you can rent it out for hunting, fly fishing, and several other activities. Fly fishing is roughly a $750 million dollar market in America, and you’d be surprised at how much people are willing to pay to rent your pond for a day.
Ranch farm land for sale is available in dozens of states, but perhaps none are more lucrative than those in Montana. Attend an upcoming farmland auction and learn more about ranch farm land for sale in Montana.