We are not paying the sky high rents that many are. The average rent we pay is only about 15% higher than our 10 year average. We have not had to get into bidding wars. I will not do that. If they want sky high rents then they can go somewhere else.
Most of our rental agreements have a bonus plan that kicks in if the prices or yields go over a certain amount. The last several years the landlords have gotten a bonus based on this formula.
They may still get a bonus this year but that will not be until Dec. we just paid the base rate all in the spring rather than the half spring and half fall.
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Today's Featured Article - Restoration Story: 1951 Farmall H - by The Red (John Fritz). I have been a collector of Farmall tractors since 1990 when I first obtained part of the family farm in Eastern Indiana. My current collection includes a 1938 F20, 1945 H, 1946 H, and the recently purchased 1951 H. This article will focus on what I encountered and what I did to bring the 1951 NEAR DEATH Farmall H back to life.
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