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Charles City IA | I’ve done quite a bit with family doing this. I as the renter pay for 100% and over the next 5 years I get paid back 20% of the job from reduced rent. My rents are based of a percentage of crop times the average of spring/fall crop insurance prices. The land owner barely sees a reduction in rent due to the increased yield. So after 5 years they now have pattern tiled ground that essentially I financed. After the added yield and tax benefits I figure I sometime can be paid back close to twice what I invested during the 5 yr period.
Everyone wins | |
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Tiling rent ground agreement
