Posted by NY 986 on April 10, 2014 at 05:58:37 from (67.142.182.20):
In Reply to: BTO question posted by Kyle in Ky on April 09, 2014 at 19:56:34:
A few thoughts. What does your farming brother have in the place as far as investment? How many hours has he put in to help your parents while the other siblings were not around? What kind of promises were made by your parents to him that you may not be aware off. How many messes has the brother bailed your parents out of. How many repairs has your brother covered due to negligence by the parents? Dad takes care of stuff good when he is footing the bill but gets reckless with machinery because he is trying to recapture his youth in his last years costing the brother money. My apologies for the bluntness above but these are things I have seen with farming families when one child stays home and the others leave and do not maintain extensive contact over the years. What I am saying the brother may have more than paid his dues in terms of not being asked to pay top dollar for rent. A frank conversation even if painful may be in order if you really want to pursue negotiating with the BTO. Lastly, I would protect myself well if I were you if you go ahead with the BTO and that means a large portion of the rent up front and a firm due date for the rest shortly after harvest. Fertility needs to be maintained which means fertilizer applied on a level to get maximum expected production. Conservation plan for the farm is maintained along with gates put back in place if removed plus damaged tile drains by the BTO get repaired.
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