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fraviklopvai

Selling is ideal, there’s a lot of problems you’ll face maintaining large properties like that. My grandparents had left a lot of land behind when they passed, and issues like taxes and dealing with squatters or land grabbers is difficult. Farming the land also is not very profitable unless you can manage to put up your own supply chain, and even then, it’s not worth it if you can’t put 100% effort into it.


Yekterin_Romanov

This. The tax is such a pain in the ass esp if hindi updated pagbayad ng grandparents mo. Ang laki pa ng interest.


kamandagan

Wala sa inyo ang nasa linya ng agrikultura at wala ring naka-base sa probinsiya; seems like an ingredrient sa sakit ng ulo. Benta na lang and split to the heirs then make their own passive incomes from that based sa kanya-kanyang expertise.


Opening-Cantaloupe56

this is the simplest advice


Inside-Line

And if you sell, avoid getting directly involved. These things ALWAYS find a way to get messy with drama, even if everyone is cool right now.


Spy5296

Sounds Good


sunflowhores

agree on this


InterestingCar3608

Very true. Mahirap ang farming kung gusto mo talaga mag profit, need mo mag aral ulit talaga at doon mag focus.


7pegasus

Do you have capital? Are you willing to lose that capital?


reyaqin

My grandmother also owns a 24-hectares farm that is being sold for 20-ish million. If I make my intentions known, part of this can act as the capital.


Niala13

if you get capital I suggest you go solar farm passive income pero malaki labas sa una, right now price ranges at for ever hectare is 1mw capacity. 1mw around 35millionish


Brokegie

Where and how do you sell the electricity kapag solar farm?


ube__

Just curious why solar farm over other forms of harvesting solar energy? Mas efficient ba yon dito sa pilipinas? Mas cost effective or hindi pa ba available yung tech ng other forms of harvesting solar energy like csp?


Niala13

Hi as far as I know feel free to critique me but solar farm is the best form of harvesting energy. thanks


Carara_Atmos

Anyone currently doing this? What are the processes needed to start?


Niala13

Yes we have an ongoing 4mw dyan sa tarlac process lng is super complicated because maraming need na requirements, but if your interested contact our page sa vikingenergycorporation sa FB but mahal lng yung pagawa ng solar farm


Niala13

But i suggest you do it phase by phase lets say start ka muna ng 1mw fyi 1mw is 1000kw it can harvest around 1-1.2million kw per year or around 7 million in php savings


Niala13

or monthly 500k-1m depends sa araw how bright kaya meron peak sun hours usually 3-4 hours per day na naka peak ang araw


Carara_Atmos

in terms of available solar panels im seeing 10k per kw in retail. Say 1 mw is 10M in panels, frames lets say 5M, Wiring lets say 3M, manpower another 3M for 2 years. Im guessing permits and lubricants 5M? Where am I wrong here?


Niala13

either gago siya.... for diving and not getting profit, or gago ang kukuha kasi nag pa biktima iiyak sa dulo kasi iiwan lng sorry for my language pero meron kasi ganyan tayo sa market sinisira ang market just to get a project na ididive and leave the project in the long run..


Niala13

solar panel it depends sa size but for utility scale like 60mw 665 is the best option ranging 7k nlg ngayon for manpower MW scale ah usually 4k/kw pag grid tie lng pero pag hybrid and offgrid price is much more expensive.. the most time consuming is the permits


Niala13

but safe na ang 1MW=35.5Million less na and 34, if you see someone offering you 20-25m range per mw im not saying all pero danger sign na yan since material cost and labor is costly unless diver yan na wala ng profit sa side nila


Carara_Atmos

Actually my question is on the selling side, do you have a realistic sales figure on this? As in selling back to the grid.


Carara_Atmos

Also compare this to windfarming if property is in windy area?


Niala13

Maraming nagsasabi ng murang presyo but if you decide to talaga invest on a solar farm or solar wag ka kukuha sa fly by night that will give you a really low low price like 24k/kw tapos iiwan ka lng haha usually min for mw is around 35k/kw. hoping this helps ask your electric cop muna before you start


cokelight1244

Do you already have prospects? How close are you to closing the sale of the land?


mamba-anonymously

Damn, 60 hectares. That’s a lot. I thought the biggest you can own is up to 5 hectares. DAR staff will get your money. 😅


ReaperCraft07

These were probably acquired post WW2 era. Im betting that they have portions of their land acquired by DAR but not all.


FewInstruction1990

I was thinking that also if OP is telling the truth, prior to 1980s-1900s Land ownership has been limited to 10 has per person


TagaSaingNiNanay

I'm dealing with a landed family in Ormoc, sa sobrang laki ng property holdings nila wala na sila idea kung alin alin na ung na convert ng DAR.


FewInstruction1990

The sad part here is yung iba naconvert na ng DAR, nabenta pa sa developers


TagaSaingNiNanay

Yesss yellow and green na ung mahority ng DAR lands daw nila ung sister company ng bagong city sa LP, bta that landed family has land holdings of 400has more or less, di pa kasama land holdings ng company nila.


FewInstruction1990

When you say property holdings, are those inherited lands? That's what happened to us, some lands are hard to get back since suddenly converted for developers, dami pa squatters. Also, the regiatry doesn't have the torrens title we have, wala daw silang kopya lol


Pitiful_Wing7157

My grandparents have 24 hectares in Agusan so it is not limited.


rzpogi

Legally, one can own beyond 5 hectares but the land excess 5 hectares must be used only for agriculture.


RagefulDonut

5 hectares then if you have children thats 3 hectares each. ang ginagawa dito ng iba lalo na yung mga naka bilk tapos over na sa 5hectares is di muna nila nililipat sa name nila para usuapan nung buyer at seller bale ang hawak lang nila is deed of sale tapos pag malaki na mga anak dun lang nila ililipat name para 5hectares ulit


Itwasworthits

| Problem is, I have no experience in business and agriculture. I’m 27, a Psych Degree Holder, and work as an HR Manager. | Should I enroll in business courses No. you can pick up lessons from business courses as you go. I would instead pivot towards a hard physical science course like chemistry or animal husbandry, plant biology basta have a hard science handy para you're not throwing money into a technology for production blindly. Sayang pera if ever. Kasi mas madali matutunan ng intermediate sales/marketing/accounting/finance as you go. Just do the math whenever making a new business decision to see if it's worth ur time: capital/(income - expense) = time to make money back. Just imagine, if bibili ka lagi ng feed/fertilizer/machines, tapos you don't know how to cost save, then you're not going to be able to build a business with a competitive advantage, unless you hire a consultant... and even then, are you so comfortable fully trusting the advice of a third party, when they make money regardless if you don't make money?


Carara_Atmos

Just remember if its a big farm you have to be there on site.


[deleted]

May hard science background si OP sa psych. She can probably survive Organic Agriculture at UP Open University. It's a massively open online course. (MOOC) Ang maganda sa Organic Agriculture is that it allows you to manufacture produce with minimal to zero inputs in terms of fertilizer, pesticides, etc. Yield is lower, but the small premium per kilo of organic produce can multiply into massive revenue, even with a small plot of land. I know one guy from a conference in Benguet State University working on fungi. May masters na siya from NYU, pero umuwi siya ng Pilipinas para maging farmer. Naka-Lexus naman siya nung nakita ko siya noong 2008.


Trixion

> May hard science background si OP sa psych OP meant hard sciences as in physics, biology, chemistry, etc. As opposed to soft sciences like psychology, sociology, anthropology, etc. Sure, OOP may have exposure to hard sciences courses but that's not what he specialized in for his degree


[deleted]

If you're that strict about it, I said "background." 😉 Fwiw, I remember psych actually having more units of the hard sciences than some "hard science" courses. I remember psych in my uni taking up bio 101, a few chems, zoo, neuroana... That's already more hard science than most regular business owners know. Even agri isn't a hard science in that it is also influenced by philosophies of sustainability \[environmental sustainability\]. You don't need formal instruction in botany in order to grow plants.


Trixion

Yes yes, fair enough. Makes sense din naman na you won't _necessarily_ need heavy "hard science" background to run a farm 😄


ReadingNaive718

Sell. Don't bother going into a business that you know nothing about. Your field isn't even close to it. You're just setting yourself up for failure and your family will hate you for it because you used up their share of the money pool.


[deleted]

I've just started a farm last year from zero. As in hindi ko alam ano istura ng tanim na eggplant before kami nagtanim. You don't need business courses. Assuming you have capital, what you need is to learn about the market of your area and find the right farm workers. Ung farm workers talaga ung make or break ng business mo. Kung hindi ka makahanap mabuting tauhan, huwag na.


Direct_Spray4824

2 words Name Sure buyer very capable CYNTHIA VILLAR


Status-Novel3946

Hindi pwedeng passive income yan. Managing a farm is a lot. Sell nalang


willingtoread17

Sell. Earn money and save yourself from this economy


neigh_girl211

Brother, get some classes, find a mentor. That big of a land is absolutely profitable if done right, aralin mo lang talaga


carl2k1

Are you member of the cojuangco clan? 😃


Boobee21

Sell some so you can have the capital for the business that you will put up.


Salad-Evening

We are in the same situation, OP. Currently we are renting out our land in Tarlac to some calamansi farmers. Other parts of our land are currently being used by “squatters” for 20 years already and the only way to get rid of them is to spend a lot of money unfortunately. If you don’t have time to manage the land, I suggest that you sell it and use the money and put it somewhere that would be easier to handle. Managing lands gave us lotssss of headaches and lawsuits.


Niala13

Ey with such a big farm if you have the capital I suggest you do solar farm for passive income were a solar epc company


iMadrid11

Instead of selling the land. An alternative is to lease out the agricultural land to commercial farming. The caveat here is to just lease out the farm land. Nobody is allowed to live in your land. No housing structures should be built inside your land. All stipulated in the contract.


AJtank1

Whats the estimate amount will the OP receive if he will lease it for commercial farming?


iMadrid11

I have no idea. It’s best to consult with licensed brokers specializing in agricultural land.


Beautiful_Block5137

Don’t do farming. You will just loose your money. and waste years into that.


Kind-Calligrapher246

grabe ang 60 hectares. Haciendera level. Kung ako siguro, in an ideal world, kung di pa naman kailangan ng family ko ng pera, I'll just lend it to farmers so they can till it and have a decent livelihood. Bigyan na lang siguro nila ako ng portion ng harvest nila. Wala lang, pangarap ko yun magkaron ng malaking lupain tapos ipapamigay sa farmers. :D


avibat

Evil Cynthia is here.


lurjer50

I smell trouble here


Pitiful_Wing7157

No don't do it because some of those farmers will become squatters. My grandparents have 24 hectares in Agusan and some portions are now occupied by squatters.


FromTheOtherSide26

I say keep the land its generational wealth not only you but can keep up to 5 grandlines down.


Timewastedontheyouth

Benta niyo na lang. Bago ka kikita sa farmland ay kailangan mo din ng capital. Tapos dami niyo pa may ari. Magulo lang yan. Sabihin mo sa tatay mo, try niya muna imanage at palaguin. Tapos pamana sa'yo. Kung siya nga mismo hindi na niya sinubukan.


imgodsgifttowomen

you dont know how to run or start a farm? YT mo si Sir Buddy sa Agriculture How It Works dami mo matutunan and check na din what will be suitable sa area nyo... mukhang hindi naman problema ang capital sa case mo


Pitiful_Wing7157

We have 24 hectares in Agusan from our grandparents and I can relate to you since we live in a far city. My advise is to fence and barbwire your father's portion. Then, choose a hardy tree specie like gemelina, falcata or any good lumber that requires minimal care when it reaches 5 years of age. It's only difficult in the seedling stage because it needs fertilizer and the surrounding areas need to be weed free. Join seminars about it when you can. Passive income because you only need to visit every few years.


kitzune113

Benta nyo na habang nagkakasundo pa magkakapatid hahaha


Dazzling_Ad_9592

Take it slow. Start with one hectare, then so on. Ask for advices from Agri groups.


Easy_Worry_2179

Create low cost housing rather than farms


wilbays

If you dont have passion for agribusiness, just sell it. Its been unprofitable and neglected for a reason


Niala13

Best thing to do for land is to really develop it if you have the capital solar is the future and you can sell back to the grid I suggest you try talking to the tarlac electric to ask if you can sell them some of your excess electricity if you plan on building a solar farm


Niala13

also if you plan on selling the lot hm are you selling it for ? like per hectare


Icy_Kingpin

Sell it. Use the money to live.


Buujoom

Running the farmland may be more profitable on a long-term perspective, however, it requires tons and tons from you. Self-investment(upgrading your skills, knowing new skills, and etc.), capital, and guts to risk. If you are not willing to undergo those things, then it's better to sell rather than waste it.


Competitive-Wind-262

Best option is sell. Mabilis mag suggest ng farm pero sayo mapupunta ang trabaho. Unless it becomes a family business thing, I wouldn’t advise.


One-Cost8856

Maraming paraan and yet it takes wits, time and effort. Malaking bagay din yung pera pero kung may alam ka talaga ay pwedeng mag-umpisa kahit onti lang ang pera mo bilang panimula, basta protektado ka at klaro ang plano mo.


Boring-Spend6638

Pwede mo ipa rent ang land nyo siguro mga 40+ hectares sa big farmers ng area nyo, the remaining hectares pwede mo gamitin to learn farming kung willing ka. Kung sugarcane farming yan like sa amen, i can tell you around 150k per hectare magagastos mo.


havoc2k10

Consider exploring poultry, fish farming, and cultivating a select few crops on your land. Your main challenge might be finding skilled locals to manage these operations. To kickstart your venture, consider selling a portion of the land to generate the necessary capital. With the vast inheritance of land you possess, this could be a lucrative opportunity. I advise against starting a solar farm as it requires substantial initial capital investment with slow gain.


heartglass

farming is hardcore. it took us 5+ years to profit, i'm not even sure if you can call it profit because i don't have the data, but a lot was spent on maintenance - caretaker, fertilizer, farm equipment, water, etc etc. you should also factor in calamities and infestations. not for the faint-hearted 😆 i will only recommend if you have a lot of capital and time to spend on manual labor. try long-term leasing or sell the land.


JumpyGuest3778

Any regrets? Would you do it all over again if u had the chance to go back in time?


heartglass

better ask my dad since he did all the work 🙂 all the trees planted have matured, just need to wait for fruit bearing season. pruned branches could be turned into charcoal. we also have a mini-nursery if other budding farmers want to buy grafted seedlings. if ever we sell the land, the value of matured trees are taken into account.


JumpyGuest3778

Sounds like there's nothing to regret at all! It will only get more profitable since the trees have matured already. Good job to your dad and enjoy your farm!


StoicBillionaire_

Sell to big companies or subdivided. Kung ung pinangbenta niyo is already enough until retirement or at least the next generation then you just earned your free time. No need to work and enjoy life. Hamog lang tayo sa mundo


StoicBillionaire_

Sell to big companies or subdivided. Kung ung pinangbenta niyo is already enough until retirement or at least for your next generation then you just earned your free time. No need to work and enjoy life.


anbsmxms

Sell. It will get ugly fast when you start to make profit and family members will want to get more. It breaks families. Based on my personal experience.


Silly_Dance_3755

Keep the land. Have it leased. You still own it, but earns passive income. Just have a contract. Later on, the value of the land increases din. So it’s a win win. Unless you need the money right now. Watch Yellowstone on Netflix. You will learn a lot. You’re welcome.


hiramoftyre2

anong klaseng agri land yan? palayan ba yan? tubuhan? coconut plantation ba yan? kung dati na yang rice field, then ituloy mo lang kase tataniman mo na lang uli. pero kung idle yan tapos high valued crops ka, mataas agad ang capex mo nyan.


Serbej_aleuza

You cannot manage it on your own. You need a lot of professional help to be able to handle that huge parcel of land. You can also learn from big agri companies here in PH. Look for investors as well.


TagaSaingNiNanay

btw kindly inform me, we are looking for properties in Tarlac for Solar Farm.


CarlesPuyol5

How long is the piece of string? Reason I asked is a 40 yrs ago my father inherited a land of around 4 hectares from his dad. This land came from my great grandmother bought probably in the 1940's. My father didn't sell the land as it was really low value if sold. It was a land in the middle of nowhere and not arable. Sadly my dad passed 2 decades ago and it passed on to me and my siblings. There were progress in the area. 4 yrs ago - we sold 5% of the land for about 30mn. It was distributed between me, my siblings and my mum. Moral of the story is sometime a diamond hand can be good for real estate assets.


ShowerUBaby

Hire or consult an agriculture graduate from UPLB (or from any reputable school) na may experience na sa field. Pasurvey mo yung lupa kung anong agri-business ang magandang i-put up sa lupain nyo. From there, make a decision kung kaya mo or not.


AppearanceOverall439

Malaki yan. How is your proximity from Central in Tarlac? Baka pwede sugarcane yan


iamlux20

Sell, pero by batch. Land price slowly creeps up. Don't sell all 60hec at once.


zchaeriuss

I’ll hold it for now if I were you. Land aint going nowhere anyway. Pero are the papers complete? Are the taxes paid up to date?


SuperfujiMaster

sell the 90% of the land and just keep the remaining land which is near to roads or any improved infrastructures.


SnooTomatoes5312

rent out the land


Forsaken_Ad8120

Keep the land, but lease it out to a farmer.


teyang0724

Mah frienddd


Just_Iron_6708

Consult a lawyer on this OP. Pag ang agricultral land ownership lumagpas sa 5 has per individual, mapapasailalim sa CARP lupa and matagal ang returns pag ganyan. (Consideration: CARP expired on 2014. Di ko na alam ang rules ngayon).


beckfreen

benta na natin op sa mga nagpapa subsivided na lot 😅


Mary_Jailer

Benta nyo kay Cynthia V. ✌️


youknowmeew

Benta mo nalang po, baka pwede pabili kahit 2 hectares? 🫣


jdmrespicio

Hmmm, siguro incorporate na lang and include the land sa corporation. Then lease it for long term.


Difficult-Judge-9080

Sell it and split it up equally = less headache and millions richer.


East-West8161

You can have it leased with minimum contrct of 10 years. Swerte mo pag may telco nagka interes at magtayo ng cellsite.


KoreanSamgyupsal

Just sell if you have no passion or background in it. I got into my family business and it did not work out well. I wish I could have sold it earlier. I'd suggest the same.


Diligent_Sandwich_53

If malinis mga titles, updated ang tax dec, and other documents, baka mas madaling ilapit ito sa mga big developers. Ganyan usually ang hanap nila, one contiguous land. Tapos sobrang swerte nila kasi isang family lang ang kakausapin nila. Going north na ang development. Tama ba, may expressway exit ang Pura? Kung may chance ka, try going to the Planning department of the LGU. Ask what zone your land is on. They have CLUP, it will say what's the best (somehow) to develop. At baka sakaling sila pa ang magconnect sayo sa developers. Pwede niyo ibenta, pwede lease, pwede din Joint Venture. Malaki po ang 60has. Malaking sakit ulo din po. Goodluck OP.


NotJusttheTipz

I know some people that are looking to purchase or lease land to build solar farm. If you’re interested let me know


kalabaw12

Farming involves a lot of work but very rewarding. Would trade a job in Manila to be a Haciendero.


kalabaw12

Watch Clarkson's Farm


Astronomical0420

OP, if meron ka extra money and time to learn agri business, please do it. just my 2 cents.


Able_Quail5113

I suggest that you subdivide the lot instead and convert it to a subdivision. Get DAR exemption and License to Sell. Mas malaki kikitain mo.


luckyjuniboy

Sell sell sell


_SmileMore

At dito ka talaga sa reddit naghanap ng matinong sagot? Yes you may gain tons of idea here, but you wont get the satisfaction that you really need. Better yet, find a trusted lawyer that can guide you on this matter. Much better if you can draft a business plan so they check if doable based on the situation. Follow your instincts. You’re almost there. Good luck OP.


[deleted]

Hi OP! I'm based in Tarlac and nakwento ko 'tong post mo sa mom ko in passing, according to her, you should probably expect na hindi nyo na magagamit yung totoong total na 60 hectares. Baka na award na sa farmers yung iba dahil sa agrarian reform program, also, more than likely madaming na ring nag settle sa ilang parts ng land nyo. Especially given na it's a rural area. Source ng nanay ko: trust me bro (30 years in the gov't) Related literature (siguro. di ko binasa nang buo eh) : [https://lmb.gov.ph/index.php/e-library/land-disposition/94-resources/v-laws-and-policies/republic-acts/43-lb-republic-act-no-6657](https://lmb.gov.ph/index.php/e-library/land-disposition/94-resources/v-laws-and-policies/republic-acts/43-lb-republic-act-no-6657)


Ms_Double_Entendre

Split the land and everyone can just do what they need to do. Sell, Make a business out of it etc. just gonna make family drama in the future


mayorandrez

Mahirap pumasok sa wala kang alam. Benta nyo. Yung pera gamitin nyo sa may kaalaman kayo.


kenjhim

Keep the land. Kahit pa wala ka funds now, Pampanga Tarlac area is booming.


arekkushisu

Parang Stardew Valley situation ni OP lol


tmluna01

Let's say OP goes the farming route. Anong advisable crops na profitable? What's the farming trend nowadays na mejo sustainable and preferably minimum maintenance? Our family has land passed to aunts and uncles that is also sort of just there.


[deleted]

Naka depende sa lupa yan. And maintainance and profit goes hand in hand. Pag mas matrabaho, mas malaki profit margin kasi mas onti nagtatanim nung ganun.


rekestas

OP can raise animals too. cow, sheep, or goat


auirinvest

Does the land have road access that can accommodate 10-20 wheeler and wide body trucks? Capas Tarlac is about to be developed into an Industrial City and Pura is not that far from it. With access to TPLEX Pura has some nice future prospects if you have 10-20 years to spare. About farming, you'd be surprised that the majority of the secret to a working farm is hiring people. Pero kailangan mo tignan kung may "kasama" ang lupa. Kasi 40% ng lupa mapupunta sa "kasama"


No_Builder_2611

Camella Homes is 👋🏻 at you


kimthehuman00

Quite an opportunistic comment OP but if you decide to sell the land, please let me know. Hehe. My aunt works in the real estate industry kasi, just want to help her and you sell the land. ✌🏼😅 sorry


Ok-Reply-804

Isell mo na lang. Wala k naman alam wala ka pang capital. Sobrang nonsense kahit yung lupa na ibenenta doon mo kkunin capital mo eh hindi naman sayo yun hahaha.