Join Date: Aug 2008
Location: WC Saskatchewan
Mentioned: 0 Post(s)
Quoted: 9 Post(s)
What all these investors don't understand is that THIS is farming. They might be able to see 5% ROI but they have to actually get PAID. Heard of some ridculous cash rent deals not being payed up or paid in full this year, that can't be good for ROI...
At this point in time I like to take the new assesment value of the parcel of land and dividing by 10 equaling yearly cash rent. Seems fair in most circumstances, but varys depending on grain storage, oil revenue, etc.