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Re: asking advice again -Long post

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Dave from MN

03-22-2006 05:54:42




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I am gonna run soil sample's this spring with the extention agent before appling any more manure to my ground. I am definatly raising rent , the $550 was based on the farmer providing all the labor, machinery for barn cleanout and spreading with previous owner, he dont want to now.. My property also allow him access to 60 more acre's that he gets for same rent on 30 and free rent on the other 30. He's a good man and good farmer, but I gotta look at my whole farm bottem line. Probably will raise rent to $75/acre with a Irrigation well supply fee.

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RickL

03-22-2006 06:06:40




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 Re: asking advice again -Long post in reply to Dave from MN, 03-22-2006 05:54:42  
Don't know all your exacts but that is still dirt cheap!!!! The only thing in my area bring that kinda rent is cattle pasture that is mainly ditch banks. Aren't your land taxes alone close to half the rent charge or little over. $75.00 rent? Whats this 30 acres free rent? Good farmer or not you still have taxes at least to pay you know.



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Dave from MN

03-22-2006 08:12:59




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 Re: asking advice again -Long post in reply to RickL, 03-22-2006 06:06:40  
The 30 acres free rent is a guys property that is west of me but is farmed as on big feild. The owner of that 40 acres lets my renter run the ground but does not charge him rent, he cant access this other land with out passing through mine. The owner lives in town and bought the land just for a parcel to sell in the future. I am also gonna talk to my neighbors and see what they are getting for rent. My prop is the only one locally that gets any manure of anykind, others land aint seen organic fert in 20+ years. Wife even wants me to plant 15 of the 23 in trees and prairie grasses for future value when the town starts to push us out in 20-30 years- thats a tough decision as well.

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RickL

03-22-2006 10:29:03




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 Re: asking advice again -Long post in reply to Dave from MN, 03-22-2006 08:12:59  
that really wierd must have money growing out his ears,not even collecting to pay the taxes at least. I would not do the tree thing since from what I HAVE SEEN A SIMPLE OPEN LOT IS WORTH way more than one with some so called trees on it. They take alot of effort and time to really get to grow etc. I am suprised you have not had people complain about the fertilizer. Good Luck



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