Posted by Madisonbob on February 04, 2019 at 20:05:47 from (174.238.144.59):
In Reply to: OT, Cell Phone Tower posted by gearheadbill on February 04, 2019 at 16:47:57:
About 10 years ago we signed a lease for a small plot on the edge of one of our properties. Initially was about $9000 yearly for first five years and increased every 5 years up to 35 years. We sold the property after 5 years and the buyer paid us for 30 years of income. Would do it again in a minute. We still get contacts in the mail wanting to buy our lease out, not realizing we no longer own it. It made our property a lot more attractive to buyers and did not detract at all from the use of the rest of the property.
Take a look at American Tower, a public company that does this for a business. Has been a tremendous stock to own.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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