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North Central Indiana | It’s an interesting question. A certain large farm fairly well known operates similar to this. They own a bunch of land but not in comparison to what they farm. Maybe 10% as a generous guess. Leased equipment, but they own the tillage tools. Lease a shop, lease a storage shed, lease some storage, shop they own would fit a single tractor. Probably wouldn’t fit a combine. Pay a bunch in rent, seems to work for them though. But the flip side is if they disappeared tomorrow there would be no memory they existed by next spring when someone else was leasing the ground and buildings and equipment. I can’t picture it being a stabile way to live | |
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Interest on operating debt