Re: OT - Leasing Land

Posted by Andy Martin on December 14, 2015 at 05:36:20 from (209.213.149.120):

In Reply to: OT - Leasing Land posted by Bill VA on December 14, 2015 at 05:27:12:

Lease rates depend a lot on local conditions. One method is to do the math, figure out your profit, and half of that goes to the owner, in advance, each year. I would not do less than five years with the owner paying you the remaining years' payments if he wants to cancel. You can't make any money if you don't have several years to work on and if he sells he can afford to buy out the lease. Another method is first year is free, then you give him a third of the gross receipts from sales every year. He comes out better if you are a decent farmer.

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