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Neighbors bidding rent up question
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denny-o
Posted 11/13/2012 19:03 (#2695362 - in reply to #2693754)
Subject: Re: Neighbors bidding rent up question


Michigan - Saginaw County
Fella just outbid me for a 78 acre parcel.
Don't think he is clear on the concept that there are only 56 acres tillable.
He basically paid $9K an acre for the tillable.
He's gong to rent it out.
Gonna take a while for the land to pay that off.
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