60: Own Cash-Flowing Panama Coffee Farm Parcels with David Sewell
Released Dec 04, 2015
Learn how to invest in cash-flowing Panama coffee farm parcels and diversity in an asset outside the US. It’s completely uncorrelated with residential real estate. Learn more at GetRichEducation.com/Coffee Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn:
01:00 Keith comes to you from Boquete, Panama today, where he completed a 3-day group tour for coffee farm investors.
02:00 Why coffee?
03:54 Why Panama?
04:55 The business model – “turnkey” coffee farm investing.
07:11 What it’s like to walk the coffee farm plantations.
09:22 The investor crop harvest is ahead of schedule.
10:12 David Sewell interview begins.
14:14 Three pillars of sustainability: 1) Economic. 2) Environmental. 3) Social.
17:16 Four farms have now been sold out to investors.
17:34 The professionally-trained team includes a General Manager whom is an Engineer and Farm Foreman whom is an Agronomist. This team understands management of soil and people.
18:22 An on-site coffee processing mill is planned be added. This provides coffee traceability.
20:28 A coffee laboratory exists nearby for coffee grading and scoring.
22:12 Coffee is scored on attributes like: taste, aroma, acidity, and body.
27:44 International Coffee Farms’ longer-term goals and future.
29:28 How this investment protects your from creditors and predators.
30:58 Deeded parcel ownership for investors.
33:40 Your price per parcel and your projected ROI.
35:08 The next investor group tour. 36:16 You can invest with either cash or IRA funds.
39:09 The $500 IRA setup fee is waived for GRE listeners that register their interest (no obligation to act) at GetRichEducation.com/Coffee by Feb. 29, 2016.
40:18 This is a long-term investment. Your first investor cash flow check is typically received 12-15 months after your parcel purchase.
42:36 As an investor, ask “How am I doing good in the world?”
43:15 After the coffee tour, Keith & a GRE listener climbed Panama’s highest mountain together.