2 equal partners have no way to resolve a disagreement.
This is a fascinating, and for me , relevant topic. I have 10 acres in Reeves County Texas, which is just alot of flat land about 1 hour 15 minutes from Odessa-Midland Texas. I actually have two properties but I am going to put my effort into a larger 23 acre property about 3 hours South in Presidio county texas. In general I am trying to build living fences of mesquite and plant this desert land with forage bushes and trees from species mostly American, South African and Australian. My goal is keep a small mixed herd of deer and exotic sheep and sell a few off as my partial income, graduating later to higher priced exotics such as Gemsbok and European Red Deer once my experience improves. The land in Reeves County needs somebody to work it and I have been baffled how I can develop it but derive some modest sort of income from it. I've put out some ads over the years but couldnt get anybody interested. Any ideas on what sort of arrangement I could offer somebody? The land is good--the market is nearby...any help most appreciated....
I posted a description of the situation today in the Woofer section of this site. I'm thinking of contacting the ag schools in nearby states, as well -- this might be a good situation for someone getting a ag degree now without capital for their own land. Really, I'm offering all the benefits and none of the risk of startup farming, but I do want to find someone who's realistic, serious and hardworking. A partner. Do you think it's possible to find someone like that?
NM Grower wrote:
Well I hope you find someone, sounds like an interesting project. I must say, risks still remain for anyone who would take you up on the offer. Everything from crop failure leading to zero income for the farm partner, to you deciding the partner wasn't a good fit and asking the partner to move on.