N.W. Ohio | boatload - 4/19/2022 10:14
The problem I have noticed with sharecropping is that the renter can make the rent whatever he wants it to be.
I guess your not wrong. First off you have to have a tenant that is moral and trustworthy. If you have doubts on that, as a landlord I would keep looking, because it indeed would be very easy to screw the landlord over. We have rented on shares for numerous generations here. Buy all of the inputs for ours and landlord shares, give them a bill in the late summer for spring and summer expenses and a second bill in the late fall for fall expenses. Store all of the landlords share of grain for free after it has came across our scales and been probed and tested. Never once have I even had a thought of screwing our landlords over. We have great relationships with each one and farm their land as if it was our own. Most years, I believe they make better money than if they were cash renting. And all this, some for over 50 years on just a verbal agreement. Treat people right and they will treat you right. |
How will you explain $8.00 and $17.00 to your landlords?
