FarmTogether Review

FarmTogether Ratings at a Glance

How Does FarmTogether Work?

FarmTogether brought together a team of individuals experienced in farmlands, asset management and technology to offer investors high-quality farm investments, with a focus on sustainable high-value permanent crops in prime growing regions of the U.S.

The idea to offer a FarmTogether investment came when Milinchuk was searching for long-term investments for two friends. With his background in agriculture, he landed on the strong performance of farms over the last few decades, along with the low volatility of investing in farmland and its lack of correlation with equities. 

He also noted that the world’s population continues to grow while farm acreage continues to shrink, so farms would need to increase production and do so more efficiently.

With sustainability central to its strategy, FarmTogether supports farm practices that conserve water, improve soil health and use other farming techniques that can help maintain and increase the property’s value. The company meets the sustainability standards of Leading Harvest Farmland Management.

Here are the different types of investments you can make on FarmTogether:

• Crowdfunded investments: Pick your farmland
• Sustainable farmland fund: Invest in a portfolio of farms
• Sole ownership bespoke offering: Buy an entire farm
• Separately managed account: A privately managed portfolio of farmland
• 1031 exchange: Properties fit “like-kind” to help defer capital gains taxes

FarmTogether boasts that it has 52 deals in escrow or closed with more than $209 million in assets under management (AUM). The company is managing 15 crops on more than 7,100 acres across eight states.

Any returns you see may be passive income from renting the farm to operators or appreciation once the property is sold. You won’t earn a return on crops.

FarmTogether touts its data-driven, tech-enabled sourcing and due diligence for delivering premium agricultural real estate to investors. Just 1% of the properties it vets make it to the platform for investors.

The pricing for the FarmTogether stock of offerings can reach into the millions, but its crowdfunding minimum investment is generally in line with other farmland crowdfunding platforms. Here’s a look at the minimums for the different offerings:

FarmTogether also has a tenancy-in-common (TIC) offering that differs from its crowdfunding offer only in that it is not self-directed and the minimum investment is $500,000.

FarmTogether prides itself on due diligence and research, and this shows on its platform. If you want to invest through FarmTogether, the firm tries to answer your questions onsite.

These features aid your investing:

• Clean, straightforward layout of information
• Extensive list of frequently asked questions
• Explanations, data and white papers
• Easy sign-up before setting up an account

To sign up, you must be an accredited investor. The requirements are to have a net worth of $1 million or more or to earn $200,000 a year.

FarmTogether offers various ways for users to connect beyond its comprehensive FAQs. You can reach out via email, phone, a question submission form or by mail. However, it does not provide a chat option. While there are no reviews on Trustpilot, other online reviewers generally rate the platform positively.

The layout of the FarmTogether platform makes it easy to start investing quickly. One of the first things you see on the site is the “Get Started” button, which leads you to the sign-up page. However, consider taking advantage of all the information the firm provides before diving in.

The FAQs give you a relatively fast but in-depth look at what you need to know to begin farmland investing. If you’re new to agriculture, you can gain some quick background knowledge. 

The educational materials on FarmTogether are broad and deep. You can access the resources and research from the homepage, and the platform’s learning center is filled with insights, webinars, videos, podcasts and blogs. FarmTogether even provides a newsroom for the media, but you can read press releases from the firm. 

Despite its focus on technology, FarmTogether does not offer a mobile app at the time of this FarmTogether review. While the site adjusts quite nicely to a mobile device, FarmTogether uses a large number of photos, graphics and charts that don’t translate well to a mobile phone.

On the privacy policy page for FarmTogether, the firm lays out why personal information is collected and how it is used and protected. You need a username and password for the protected parts of the site. 

FarmTogether uses Secure Sockets Layer (SSL) technology to protect data transfers. Employees must agree to be held to the confidentiality of customer information. The network is automatically monitored for any threats. Investor questionnaire responses are stored on a system that is isolated from the internet.

The FarmTogether platform is worth a visit to learn about investing in farmland, even if you’re a non-accredited investor. And that might be the only knock against FarmTogether — it caters only to accredited and institutional investors. However, the firm ranks among the best in providing those investors a chance to diversify their portfolios with farmland.

FarmTogether vs. Competitors

At the time of this FarmTogether review, no other platform matched FarmTogether’s straightforward approach to encouraging investment in an array of opportunities. However, FarmTogether competitors include AcreTrader and Harvest Returns. AcreTrader mainly focuses on row crops, and Harvest Returns typically focuses on debt and equity offers to grow agribusinesses.

Frequently Asked Questions