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Land leasing question!?

This is an Aussie farm I am going to ask about, but maybe leasing land out is similar in other places. But if anyone can fill me in or give me some advice I'd love to hear it.

I have 100 acres the farmer next door wants to lease, for maybe 5 years, which means, he will look after the land, and fences, and his cattle. Maybe even invest in getting the chemicals to get the grass back to good feed. Or I can just do short term agistment, where I take care of the fences and the land, and his cattle, and he pays me monthly.

Im not really keen on a 5yr lease, but anything shorter and he understandably doesn't want to invest in the time, work, and money to get the land up to where it is best for him. But I feel like i'd die of boredom if i don't have the work to do, that's the best part of this farm.

I havn't owned one before, and would like to learn what I can with agistment and then decide what to do, so, any advice, tips, thoughts?
Aboomachu · 31-35, M
You don’t need chemicals to get good grass, just proper rotational grazing practices. Look up Greg Judy on leasing land
Aboomachu · 31-35, M
[@446022,Bushmanoz] you don’t need a tractor to get good grass.
[@347985,Aboomachu] I know, but there is a hell of a lot I do need a tractor for.
Aboomachu · 31-35, M
[@446022,Bushmanoz] honestly the Greg Judy method boils down getting electric wires and setting up paddocks you put cows or sheep in. Let them graze the grass a day and move them in the morning to a new paddock before the grass is over grazed. You continue doing this over and over again. You decide the size of the paddock based on the amount of cattle you have grazing and how fast they graze. Maybe 10 cattle in half an acre. If the grass is poor quality get a lot of hay and spread it on the ground. Let the seeds from there sprout and begin the growing process.
What’s he plan on making off it? Millet grass? Or something?
[@327405,theoneyouwerewarnedabout] No, he just wants to add lime to the soil, get rid of tussock grass, stuff i can do, and then put his beef cattle on it. 5 years is a long time to give up control, but one shitty summer and it wont bring any money in if I agist
[@446022,Bushmanoz] if you both can make a buck off it.. go for it.. but get an agreement on paper.. you don’t want him cut n running
[@327405,theoneyouwerewarnedabout] Nah, hes got a really good rep, people love this bloke. On one hand, he'd totally clean up the place. The previous owner let it go, black berries, tussocks, but I dont mind hard work, and figure i will go stir crazy if I am only in the house making cookies or some crap

 
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