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Land rent
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WItitan2
Posted 5/22/2020 08:05 (#8272990 - in reply to #8272703)
Subject: RE: Land rent


Pierce county WI
Years ago I bought 30 acres from a landlord. It was the rest of my farm on my side of the road. He still owned a full 80 directly across the street that I rented. We closed in the first week of June. I paid him 2 months of rent May and June. That was figuring rent on 6 months. I thought it was fair. That winter I got a surprise when he rented that 80 to somebody else. He said he was pissed and should have gotten a whole half a year. This was back in the $90/ac rent days. For about $20/ac I lost the land right across the road from me. The guys renting it bought it. At least they are good guys, and I got to tile it. I should add, eventually me and the neighbor patched things up and I got to run some investment land he owned. I'll always look at that 80 and wish I owned it.

Edited by WItitan2 5/22/2020 08:09
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