I'm meeting tomorrow morning with a man about the possible use/lease of his farm. It's a little over 60 acres of really good grass and half of that is river bottom. It's also completely set up for cattle, all the infrastructure is there, working facilities, fence and crossed fenced, farm equipment etc. I know it's not big compared to many of you all's places but it's a little more than double what I've got now and it's only 10 minutes from my home. I really don't know what he is looking for in the lease but I can't offer much $ but he might be open to me being responsible for taking care of the farm like bush-hogging, fence repair etc. If anyone has any economical ideas I could offer him please post them, the more options I have to choose from might help.
Wish me succes
- Thread starter tncattle
- Start date
Jogeephus
Well-known member
I have a 2000 acre farm about 1.5 hours from the house that I look after. Landowner always had cows but got too old to continue it but he wanted me to find someone to put cattle on it cause he liked seeing cattle in the fields plus the maintenance the cows provide to the brush and other things. As for money, he wasn't really after money but looked more toward someone keeping the place up. He even admitted that the fence was in bad shape and suggested three years free rent just for fixing the fence. I talked to a couple of would be cowboys but undoutedly they didn't like the idea of actually having to get out of the truck and mending fence and we gave up the idea and planted everything into trees. I guess what I'm saying is not everyone is about money and rent and if you can prove that you will be an asset to the land and not a whiff of smoke up someone's a$$ then you might find each or you can benefit without any exchange of money. Good luck with whatever you do.
HOSS
Well-known member
tncattle, you might offer him a steer to slaughter as part of the compensation package. You might negotiate the deal by the head so that way your initial lease cost will be lower and go up as you have a chance to add cows. There is a 101 ways to work it out it would all depend on how flexible he is. Good luck and let us know how it turns out.
Caustic Burno
Well-known member
tncattle":2v4krdcu said:
A guy here lease's one of the best hay fields around for cutting/suppling the ladies firewood for the winter.
As a baseline you may consider paying his property taxes and maintenance. If it comes to cash $12/acre has been the going rate around here. I think it depends on the amount and potential quality of the pasture.
larryshoat
Well-known member
Good luck! A couple of things I've found renting ground is 1. I tell them to go talk to the people I rent from now 2. I tell them to come and look at my place and the crops on it, and that there's will look like it 3. I don't hesitate to tell them that I'm progressive in my approach to farming and that every day their farm is in my hands it will get better not worse. 4. I tell them that it becomes more than just farming, if a tree blows down in their yard we take a saw and some help and clean it up. If they're old and it snows they get a call to make sure they have what they need.
Around here land rent is very competitive and some of the things I've mentioned will help keep rented ground.
Larry
Around here land rent is very competitive and some of the things I've mentioned will help keep rented ground.
Larry
chippie
Well-known member
Good luck! It sounds ideal.
Some good ideas above, ask the owner what he wants done with the land. Some around here are happy with taxes paid, upkeep/improvements, covering their insurance and a small token amount of money for someone that will take care of it. Then others want every penny they can get, with grain prices a lot of hay and pasture land are being cropped this year.
Dixieangus
Well-known member
so how did it go
tncattle
Well-known member
We talked for about 1.5 hours and most of it was about other things besides cattle & land. I'm e-mailing him a proposal tonight as we did discuss many different options and he said he wants to make a decision in two weeks or less. He told me to think about what I would like to do and can do and send it to him and we'll see if we can work something out or just go our separate ways. My biggest hurdles are:
There is another man that wants to lease it also who is an order buyer and has his own cattle business. He leases many farms and has much more resources than me. For example he has around 1000 head in Kansas right now at a feedlot and that's just some of his doings. I think he has offered $3500 for 60 acres annually. I think that's too much.
Also, I got the feeling the land owner wasn't to keen on me using his equipment to bush-hog etc. even though I will propose to take care of regular maintenance and any repairs to his equipment.
I'm just trying to give him the best realistic proposal that I can still live with myself. Again, any ideas are welcome.
There is another man that wants to lease it also who is an order buyer and has his own cattle business. He leases many farms and has much more resources than me. For example he has around 1000 head in Kansas right now at a feedlot and that's just some of his doings. I think he has offered $3500 for 60 acres annually. I think that's too much.
Also, I got the feeling the land owner wasn't to keen on me using his equipment to bush-hog etc. even though I will propose to take care of regular maintenance and any repairs to his equipment.
I'm just trying to give him the best realistic proposal that I can still live with myself. Again, any ideas are welcome.
Jogeephus
Well-known member
tncattle":31unj7mm said:
I wouldn't have been too keen on that either. Tractors seem to sometimes break in half when I loan them out. But I would much rather have one person coming and going on my property than a bunch of different people who work for a guy who never is out there.
Caustic Burno
Well-known member
Jogeephus":1pu0d4o3 said:
That wouldn't happen here either, I don't lend equipment,guns,boat etc. I will come over and help you with my equipment.
I really do hope it works out for you. However, I don't see it happening. I agree 3500 is way too much for 60 ac. But business is business. If I was him I would have to take the 3500. I hope I am wrong and you get the land at a more reasonable deal.
Kingfisher
Well-known member
Any deer?
HOSS
Well-known member
Kingfisher":9xku2dwn said:
A man after my own heart! :tiphat: :lol:
larryshoat
Well-known member
tncattle":2emkvp0i said:
And that's all you can do. Yeah $3500 sounds good, if the guy pays it, it's hard to match the deal of a liar, don't know that just saying. All you can do is wait it out, if it's meant to be it will be. I hope it goes your way.
Larry
upfrombottom
Well-known member
The high rent sounds good but there is alot of risk involved with that renter that may not justify him accepting it. On the same token there is alot of risk involved in renting to someone that doesn't have the resources to maintain the property.
The best advice I could give is to put yourself in his shoes, would you do what you are asking him to do.
Good luck.
The best advice I could give is to put yourself in his shoes, would you do what you are asking him to do.
Good luck.
Kingfisher
Well-known member
Can you put a fireworks stand on it?tncattle":2mtlb8r9 said:
plumber_greg
Well-known member
In business, it's never a good idea to badmouth the competition, however, most order buyers I know overstock, don't fix anything, and generally abuse anothers property. You may tell the owner to look at other properties he rents and see what they look like after a few years. If the owner is only after income, and doesn't have a lot of pride in his place to start with, you're probably out, unless you are willing to fork over the 3500.
I take care of my uncle's place and run cattle on 120 acres of it. Didn't have enough time to run cattle on it all, 500 acres more. Looked for a renter that kept his place and others he rented up looking good. The guy I found, Bill Conley of Conley Angus, we rented the rest of the place to him cheaper than we could have gotten, but he, with out being asked, sprays brush, mows pastures, fixes fences and generally treats the place like his own. He also has the ok to spend 75% of the rent money on any improvments he think is necessary.
I also have an older customer that is about done raising cattle. He has enough money, and simply doesn't want anyone else on his farm, 440 acres. He asked me if I'd want to run cattle on it and take care of it, I said no thanks, but I'm gonna' try to find him a renter to help him out. Good renters, that are willing to take care of a place are hard to find around here. gs
I take care of my uncle's place and run cattle on 120 acres of it. Didn't have enough time to run cattle on it all, 500 acres more. Looked for a renter that kept his place and others he rented up looking good. The guy I found, Bill Conley of Conley Angus, we rented the rest of the place to him cheaper than we could have gotten, but he, with out being asked, sprays brush, mows pastures, fixes fences and generally treats the place like his own. He also has the ok to spend 75% of the rent money on any improvments he think is necessary.
I also have an older customer that is about done raising cattle. He has enough money, and simply doesn't want anyone else on his farm, 440 acres. He asked me if I'd want to run cattle on it and take care of it, I said no thanks, but I'm gonna' try to find him a renter to help him out. Good renters, that are willing to take care of a place are hard to find around here. gs
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