A buddy of mine has 15 acres that he allows a local farmer to use. How much per acre should by buddy be charging this farmer for use of the land? He is getting $400 per year from the farmer, He wants more $$$ from the farmer. My buddy is thinking of allowing hunters to run around the whole 40 acres that he has, 20 acres of woods + his own home are on this 40 acres. (hunters could be a pain, but a lot more money)
This is in Michigan, 40 miles northeast of Flint.
Please chime in and give info on what is fair.
Thanks.
This is in Michigan, 40 miles northeast of Flint.
Please chime in and give info on what is fair.
Thanks.