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Lease requirements
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<blockquote data-quote="robertwhite" data-source="post: 889050" data-attributes="member: 15043"><p>Like I said before, I know the area and they are absolutely dreaming.</p><p></p><p>Tell them you will give them $15 tops an acre, no fert., no upkeep conditions, 1yr lease with YOUR option to re-up for years 2 & 3. (at $15ac, you could maybe see $5-8K a year profit on your 100 cow plan) If they balk, tell them good luck and watch for the auction sale this Spring (and the WILL be selling it, you can bank on that) Bet they don't get anywhere near $1K an acre at auction. We are talking 350ac if memory serves. I've seen that amount of land go for very low $200K this year.</p></blockquote><p></p>
[QUOTE="robertwhite, post: 889050, member: 15043"] Like I said before, I know the area and they are absolutely dreaming. Tell them you will give them $15 tops an acre, no fert., no upkeep conditions, 1yr lease with YOUR option to re-up for years 2 & 3. (at $15ac, you could maybe see $5-8K a year profit on your 100 cow plan) If they balk, tell them good luck and watch for the auction sale this Spring (and the WILL be selling it, you can bank on that) Bet they don't get anywhere near $1K an acre at auction. We are talking 350ac if memory serves. I've seen that amount of land go for very low $200K this year. [/QUOTE]
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