Farm Buying Toolbox with Grant Wiese
Shay talks with Grant Wiese about a recent toolbox of resources he's built you'll want to have, especially if you're looking to purchase land in the next few years. The Farm Buying Toolbox launches next week (check out www.farm640.com to get signed up for emails and to get it) and includes:
-6 balance sheet training videos covering creating your balance sheet, creating buying scenarios, and understanding balance sheet ratios
-4 spreadsheets consisting of balance sheet + scenario planning, 10-year balance sheet trend + ratios, simple monthly cash flow, and amortization schedule comparables
-The 5 C's of Credit Guide
-21 Case Studies
-30 Day Auction Guide
-Land purchase decision tree
-FSA FAQ
-Understanding Your Financing Timeline
-Absentee Landlord Letters
-6 to 10 additional articles covering buying real estate tips
-All the Fractal articles and videos I have taken part in
-Membership to BrainTrust Ag
-Live Q&A for those who join
From Grant:
"My aim is to help the next farming generation buy ground. Target audience is 25-35 years old, hasn't bought ground yet and can't get over their objections (too expensive, too young, can't afford, and not enough available). My focus is balance sheet strength and finding creative ways to get the deal done to overcome objections."