Posted by Eldon (WA) on March 23, 2014 at 10:59:42 from (98.225.11.231):
In Reply to: More on Cash Rents posted by David G on March 23, 2014 at 10:43:17:
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You got that right...when he started out I sold him 40 acres with a 10 yr old 3000 sq ft house, 100' loafing barn W/ milking parlor and 80' silo/unloader for $50k on contract. My sister later sold him acreage on contract w/ no interest. Other siblings were critical of me for charging interest....
He has worked hard to build a multi-million dollar operation starting from scratch, so I have to give him credit.
My wife and I live a comfortable life, we have no kids, so that is one of the reasons I have been content with the situation. Part of our estate will probably go to his kids anyway. I suppose it would be different if we were struggling and really needed the $$$
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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