Correct. Per year per acre. So if you have 160 acre piece and rent it for $250/acre the farmer owes you $40,000. All of my rents are 1/2 due March 1 and half due November 1.
$250 is way too low.....
Correct. Per year per acre. So if you have 160 acre piece and rent it for $250/acre the farmer owes you $40,000. All of my rents are 1/2 due March 1 and half due November 1.
$250 is way too low.....