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 - Fasteners: The Nuts and Bolts of Nuts and Bolts - by Curtis Von Fange. The nuts and bolts of nuts and bolts is an interesting and essential piece of knowledge that applies to our older tractors. An improperly torqued capscrew on an engine head or a shear bolt that is too hard on the driving shaft of a bushog can create havoc and make an expensive and uncalled for repair. Let�s examine the purpose and design of these fasteners in order to ensure their proper use. Fasteners are probably one of the aspects of mechanics that is given the least amount of thought.
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