Interesting read about Sheldon Zou, Andy Hu, Maxrop

[phoenix64]

just so we know that were both on the same page daylate, i have been thru this a few times!------Right of first refusal (ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party. In brief, the right of first refusal is similar in concept to a call option.

[hobbyfrmr]

Phoenix, no sarcasm that was literal. If I was a
new investor in the area, I would learn by
watching the professionals. When I use the term
professionals, I mean people that do the work to
make a living at it. They live off the farming.

I like fellas renting land. There is 2 sides to every
coin. Some lower assesed vs. mine land is cash
renting nearby for $114.00/acre. I LOVE that. The
first $120.00/acre offer to rent my farm gets the
contract. That is some sweet money for no risk,
no fuss, no muss. No sarcasm.

[phoenix64]

I agree, thinking if those rents started hitting my area and i could find a good reliable tenant with an excellent balance sheet and at least a 5 year lease i would park my equipment and take a leave of absence!.....but wouldn't sell my iron in case the whole thing heads south.

[SASKFARMER3]

Hobby check the guys balance sheet near
Regina.