Oliver1 - 12/1/2024 10:52
anotherwindyday - 11/30/2024 17:08
What would be the max above rental rates you would want your total payments to be? Would obviously be best to keep land payments at or below cash rent rates but sometimes that is difficult to do. Kicking around how much above rent rates I want to tolerate or sell a farther away parcel to keep payments down
LOL The starting bid on NW IA farm ground works out to about twice rental payments. Starting bid. To actually own it you better figure on 3 to 4 X what you can make off of it.
I did the math once on what it takes to pay for $25,000 ground at 7% over 30 years, JUST USING the income from that ground. The numbers are mind blowing.
Land payments
