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Pivot question
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Big Ben
Posted 3/18/2019 00:15 (#7386552 - in reply to #7385886)
Subject: RE: Pivot question


Columbia Basin, Ephrata, WA
Landlord needs to own the irrigation equipment, at least eventually. When we put up a pivot on someone else’s land, it’s with a longer lease and rent is reduced by the same amount as if the LL had financed it themselves.

I must say though that I have a bad habit of underestimating project costs, so usually end up wondering if my rent reduction was enough. We still make some money in the end, so I guess you can say it’s a good deal for everyone.

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