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cash rent with a little extra
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Buster 50
Posted 1/4/2019 12:54 (#7219870 - in reply to #7219799)
Subject: RE: cash rent with a little extra



North West IA/western AZ
Sodbustr - 1/4/2019 12:22

I have been approached with the same thing by several landlords over the years.

At first I didn't think it sounded like a bad idea. Luckily I got some good advice. I have had a nice, but frank discussion about this with the landlords that think it sounds good. I ask how much we can take back off the rent if the year goes poorly instead of great. My approach has been if you want to participate in the gains, you need to participate in the losses.

So far no one has taken me up on the offer, and I haven't lost a farm because of the discussion.


This is how I would approach it. Do the math and have some figures ready to show them.
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