One of our readers asked if we’d considered leasing land instead of owning it. I posted some thoughts about the financial considerations last week. Here's some thoughts on the personal considerations we're taking into account.
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One of our readers asked if we’d considered leasing land instead of owning it. I posted some thoughts about the financial considerations last week. Here's some thoughts on the personal considerations we're taking into account.
One of our readers asked if we’d considered leasing land instead of owning it. When we first started down the mental farming road a little over a year ago that was one of the first things I researched, and I can’t say that we’ve officially decided on either option, but we are leaning heavily. Of course, the answer to everything in farming is "it depends", but that drives me crazy, so here's some thoughts off the top of my head.
Probably one of the biggest considerations in the lease vs. own dilemma is understanding your current capital position. If you are hell-bent on farming but have little capital then you are left with few options besides leasing.
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