| Ben Riensche - 1/17/2016 06:31 +1. Most landlords just want a "bonus rent". Market price plus more if things get better. Seriously, my thoughts are that a base on a flex rent should be about 20% below a fixed rent, assuming you share 1/3 of any revenues above the base. Ex: Fixed rent $250 on a farm that has an APH of 185 and current market is $3.50 NEW CROP corn
If somebody offered a farm for rent here that truly had a long-term APH of 185, $250 would put you about a quarter-mile back in the line of pickups waiting to talk to him. The people closer to his front porch would be willing to pay $350. Even with $3.50 corn. |
Flex Rent
