There are very few industries that are considered to be a “safe bet,” but ranching is certainly one of them. While employment of farmers and other agricultural managers is projected to decline 2% by 2024, the demand for beef and other cattle products is expected to increase over that same time period.
If you’ve been wanting the opportunity to establish financial independence, you need to consider cattle farms for sale. Owning and operating a traditional business can wear on an entrepreneur, leading them to reconsider their career choice. In contrast, the fulfillment of working outdoors and helping the local economy while making a living as a rancher is truly unparalleled.
Finding cattle farms for sale in 2016 is quite easy with the help of ranch auctions, and there is incredible ranch property for sale in just about every state in the country. Here’s just a brief overview of how cattle farms for sale can provide you with the financial independence that you deserve:
- Cattle ranches are booming. Even in spite of recent consumer trends that focus on a “vegan lifestyle,” there has never been a better time to invest in a cattle ranch. Additionally, advances in technology have lessened the workload for ranchers, which enables them to reinvest their time and resources into growing their company.
- Invest like the moguls. The growth of the cattle industry has been well-documented, particularly when it comes to wealthy moguls setting their sights on these types of investments. One of the first prominent businessmen to invest in cattle farms for sale was media mogul Ted Turner. He surprised many people in 1988 when he bought the 100,000-plus acre Flying D Ranch in Montana for over $20 million. Since then, dozens of entrepreneurs from unrelated industries have also recognized ranching as a solid investment.
- Rent your property. If you’d rather use cattle farms for sale to supplement your existing income, you’d be amazed at the demand for property rentals among hunters and fly fishermen. Fly fishing is roughly a $750 million dollar market in America, and much of this revenue is generated through renting out land to fly fishermen.
Instead of throwing your money away on high-risk stocks and bonds, consider enhancing your quality of life while staking your claim in the lucrative cattle ranching industry. Check out cattle farms for sale online and attend an auction in the near future to learn more about these investments.