We rent out our land for straight cash-rent (Edit: as Mike WA says below... we don't pay any expenses, we don't get a share of the crop).
Renter pays rent in full on May 1 each year.
Rent here is southern MN is crazy high. We don't charge as much as a lot of folks do... we absolutely love our renter - he takes great care of our land. This in NOT in our contract - BUT if he has a really good year, he brings us a bonus check (have gotten a nice bonus the last several years and last year it was a really nice check).
I don't state our rental rate just in case someone on this forum knows us or recognizes our place... renter would prefer we not share the specific dollar amount (and we honor that).
This post was edited by SweetFeet at 06:06:50 11/09/14.
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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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