The standard around here is that rent is 5% of purchase price. So, when land was $5000 per acre the rent worked out to be $200 per acre, right now that is more than doable. Raise the price to the $10,000 that the better ground is bringing now and the cash rent is $500 per acre. Still doable IF input cost were to stabilize and commodity prices stay where they are. NO GUARANTEE on any of that happening.
If you are the investor you are getting a good deal if you have the money. If you have to borrow the money it will take a leap of faith and some good luck to make it cash flow over the long haul.
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Today's Featured Article - The Ferguson System Principal An implement cutting through the soil at a certain depth say eight inches requires a certain force or draft to pull it. Obviously that draft will increase if the implement runs deeper than eight inches, and decrease if it runs shallower. Why not use that draft fact to control the depth of work automatically? The draft forces are
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