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Minnesota land rents
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IADAVE
Posted 9/8/2024 13:01 (#10882630 - in reply to #10881180)
Subject: RE: Minnesota land rents


One other thing to consider.is who pays all the upkeep. That can be expensive.
I spent $125 an acre on land maintence on a rented farm last year. I spent that much on another one the year before. I did around $50 worth an acre on that one this year.
The one I spent the money on last year is scheduled for some major work this fall and winter. I have no idea what the value would be but likely several hundred an acre if spread over the acres I rent from him.
I have farmed the one farm for 42 years, the other for over 20.
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