Northern Illinois | redoak - 8/20/2014 04:58
worst case is when a Dr. or Lawyer buys a farm because most times as soon as value increases much they flip it or raise rents.
why is that a bad thing? If Dr or Lawyer put the farm on the market that just allows farmers another chance to buy something they passed on earlier.
with rents??? why shouldn't a Dr or Lawyer get a rent that is on par with what the land is worth? If they are asking to much they will not be able to find a renter. If someone is willing to pay the rent then they are not asking to much. |
Farmland investments take a hit
