We rent out our land for straight cash-rent (Edit: as Mike WA says below... we don't pay any expenses, we don't get a share of the crop).
Renter pays rent in full on May 1 each year.
Rent here is southern MN is crazy high. We don't charge as much as a lot of folks do... we absolutely love our renter - he takes great care of our land. This in NOT in our contract - BUT if he has a really good year, he brings us a bonus check (have gotten a nice bonus the last several years and last year it was a really nice check).
I don't state our rental rate just in case someone on this forum knows us or recognizes our place... renter would prefer we not share the specific dollar amount (and we honor that).
This post was edited by SweetFeet at 06:06:50 11/09/14.
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Today's Featured Article - George's Fordson Major - by Anthony West (UK). This is a bit of a technical info to add on to the article about George's Major in the "A Towny Goes Plowing" article. George bought his Major from a an implement sale about 18 years ago for £200.00. There is no known history regarding its origins or what service it had done, but the following work was undertaken by Harold alone to bring it up to show standard. From the engine number, it was found that the major was produced late 19
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