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| I have been told that kind of deal works well.
Landlord brags to everyone about his big rent.
When it comes time to pay the tenant says that amount doesn't work. Here is X, take it or leave it.
Landlord takes X and says nothing as they do not want to look stupid after all the bragging.
Actually if it is all flat, good drainage, good dirt all in one place, it might not be that bad.
Especially if the p and K are furnished.
It pencils better than poor ground at $275 with potential of 150 bushel, spread out over 5 miles and in small patches.
$540 rent
$75 machinery
$70 N
$ 35 chemical
$ 75 seed_____
$795 total expense
That actually doesn't look bad. $4.00 corn x200 bushel covers the bills. | |
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