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Wait just a minute Mr. Illff
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mac4440
Posted 4/14/2009 01:44 (#679684 - in reply to #679675)
Subject: Re: Wait just a minute Mr. Illff



I understand what you are saying, but the way you say it, you are looking at it from the landlords side. I'm looking at it from my side. $525 cash rent + input costs provides very little return on investment. Most other business strive for at least 12% ROI.
And that $525 was bid last fall after commodity prices collapsed.
If you believe they are doing the right thing, then you should be scouring your neighborhood and beyond and offering to top all your neighbors rent.

Edited by mac4440 4/14/2009 01:53
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