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Re: How about free?
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Posted by KURT (mi) on August 14, 2003 at 09:22:44 from (68.72.231.121):
In Reply to: How about free? posted by Indydirtfarmer on August 14, 2003 at 04:42:55:
I am not a farmer, never have been but I think I have a solution for you. First get the old lady and her heirs together and say, hey look, here is the deal, (hay or corn or soybeans) what ever you want to farm...Then say I will give you a percentage of my sales of what I farm. Then ask them to sign a lease deal with you with the option to buy the land when the old lady kicks the bucket. That way the kids already have a buyer lined up ahead of time. One more point I dont understand--the leasing of the land. If I was the one doing the planting and harvesting I would want say If I get $5000 in total sales for corn or beans or whatever then I will pay you a percentage of what I get for the product. because if you agree to pay say $100/acre and there is a terrible drought or flood and you dont harvest anything then you would still owe the 100/acre. Am I thinking along the right line.
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