Monday, March 30, 2009

Farming experiment

I have 40 archers of land. I have someone who wants to grow a garden and maybe even have a few cattle, pigs goats etc etc. Not too sure about how far Im willing to take this just yet. But heres the deal.





I figured Id start with just a garden for now. Id invest in all the tools, and he can use my land and he would do all the labor.





All Im asking (since Im investing all the money and its my land) is a small % from sales of crops.





What % is fair?





thanks



The usual arrangement in renting land is one of two ways.


1. The land owner gets 1/3 of the crop and the renter gets 2/3 and pays all of the expenses.


2. The land owner and renter split expenses of fertilizer, pesticides, seed etc., and split the crop 50/50 with renter doing all of the labor.


In both cases the renter supplies all of the machinery, maintenance, fuel, etc.


Someone is looking to get a fantastic deal from you, if you supply the land and invest your money for equipment as well.




50/50 You supply the land and he supplies all plants and labor.


%0D%0A

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