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Re: Finding ground to rent.


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Posted by NY 986 on September 16, 2013 at 13:58:27 from (67.142.168.142):

In Reply to: Finding ground to rent. posted by 112312 on September 16, 2013 at 10:42:49:

Knocking on doors? Yes, it is alright to do. Nearly all the BTO's and Mennonites do it and do it aggressively. I agree with the poster as far as placing an ad in a local paper but that allows your competition a chance to game plan against you and there will be a few that will resort to lies to damage your ability to compete. I hate to say it but it is a game of paying top dollar anymore. Most people look at stewardship of the land as secondary. Most landlords could care less if you lose money because you overbid and usually are not up for variable rate rental agreements where there is a chance their revenue could decrease. I hate to say it but your Grandpa's reputation does not mean much as there have been too many instances over the years that the kid or grandchild does not hold up to the older generation's ideals. Most landlords will want to write a pretty tough agreement to be sure you have the ability to pay including requiring you to escrow money if you do not borrow money or a letter of credit from the bank if you do borrow money. Sorry I could not be more encouraging. Hopefully most of your prospective landlords are above table with the rent. I would say more than a few locally take part of the rent under the table and at that point it is hard to develop a sensible counter bid. Good luck.


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