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Re: goverment payment


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Posted by 2002sliverado on April 11, 2018 at 13:21:39 from (216.16.75.34):

In Reply to: Re: goverment payment posted by paul on April 11, 2018 at 12:53:00:

If you will allow me, Paul, I would like to build upon that. I had wanted to farm in the worst way going back to when I was a small kid. My father is the 4th generation on the family farm to make some sort of living from that farm. He was rather conservative in his spending. He went through some difficult times in his youth, which instilled this mindset. Other factors had been and remain at play to this day, but I am not going to delve into that. What I CAN offer, is having to watch select BTO neighbors, who have gone through two or three debt restructurings, come back bigger each time, and cannot manage to learn from prior mistakes made due to poor management and overly aggressiveness expansionistic tendencies. I had watched a couple in particular go out of their way to squeeze out a smaller operator by upping the cash rent paid to the landlord, go belly up, get a new lineup of machinery, a new pickup truck, and a new Cadillac, give it another 7 years or more, and see it happen all over again. I have had a few people ask me about renting a farm from them, and I know them quite well. They recognize I do a good job, and they realize my heart is better served on the farm as compared to working in town. More than once I have had the conversation about the land rent they are being paid. I have frankly said I cannot and will not bleed money, and if you can get that for your farm, who am I to begrudge you getting that sort of return on your land? I simply note that if they have a change of tenant become inevitable, I would be more than willing to talk about renting the farm, but not for what they are getting now. I have a 5 to 25 year old equipment lineup, with one final payment on a single piece of equipment. I can at least sleep nights. How these others I have cited, is beyond me!


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