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We have established a “Next Generation Farmers Strategy” with @DomaCom (www.domacom.com.au). This means that anyone in Australia can now own a farm. How exciting is that? DomaCom have created the Next Generation Farmers Strategy in partnership with Cultivate Farms to syndicate the partial acquisition of quality agricultural properties from retiring farmers to enable the next generation (NextGen) of farmers to become co-farmers. DomaCom investors will have an interest in the property which will be leased to the retiring and next generation farmer. Working with Cultivate Farms (www.cultivatefarms.com) the DomaCom investment platform provides a way to share equity among investors and farmers to provide a seamless succession solution which will be a win-win outcome for both retiring farmers and the next generation of farming families. Cultivate Farms will assist in helping the retiring farmers to retain partial ownership, secure the best next generation farmer, ensure the farming operation is viable and provide ongoing business governance mentoring support to the farming enterprise to ensure the farm and the regional community thrives. By connecting next generation passionate farmers to retiring farmers this program will ensure continuity and provide support in a way that has not been available before: • Investors can participate in the fractional ownership of an agricultural property within the Next Generation Farmers Strategy which is then leased to both the retiring and aspiring farmer • Long term target of return of 10% p.a., comprising of approximately 6% from capital growth and up to 4% rental income – see figures from the Rural Bank Report • The NextGen project provides a succession plan for retiring farmers to transition their farm to then next generation of farmers while seeing their farm scale to a higher level of productivity. • NextGen farmers are vetted by Cultivate Farms and the retiring farmer before being matched onto the farm opportunity. • DomaCom is used to list properties and crowdfund the purchase price. • Investors can choose properties that interest them. • 1 or more agricultural properties can be acquired by investors. • The incoming NextGen farmer are encouraged to acquire some equity which is a key desire, but usually out of reach, for many aspiring farmers across the country. • The retiring farmer will retain some equity and stay farming in partnership with the NextGen farmer. • Agriculture being a major export industry and part of Australia’s Five Pillar Economy is well regarded by Australians who are looking for a socially responsible investment in agricultural land with a reasonable return by way of income and capital growth. Please "thumbs up" if you enjoyed watching this vlog. Click subscribe to a new Cultivate Farm TV weekly video. Remember, you can own a farm. It's time to realise your farming dreams. Cultivate Farm Links Facebook: / cultivatefarms Twitter: / cultivatefarms Instagram: / cultivatefarms Blog : https://www.cultivatefarms.com/blog/