Michael Cox wrote:Some nice benches here. I'm not sure what timbers people have been using, but I have had a lot of success splitting trunks down their length using multiple wedges and a sledge hammer. In our woods the chestnut and oak splits beautifully. I made a pair of benches, but not following the BB guidelines, so will come back to that later. I have also been freehand chainsawing logs down their length, making crude boards and half logs - they would be perfect for this.
I see that the BB requires 7ft, and that various people have commented on that length. For the spot where I need to build benches - around our base camp fire in the woods - 7ft is way too long. I'd be building two 5ft if I wasn't considering it as evidence for the BB. And a 7ft half round is bloody heavy.
Travis Johnson wrote:I was really afraid I was coming across as a Know It All which I did not want to do, yet let you know that I did buy farm land with a farm real estate loan too. How I did it, may be vastly different than how you do it, but I can only tell you my experiences after all.
Travis Johnson wrote:I do not know anything about LLC's, but I might just try and keep things as simple as possible. With most of that stuff, it can both help, and hurt you on a loan. In my experience, lenders really wanted to help people, more than corporations, so I would tend to think that an LLC would hurt you. But that is just a guess. With the bank I went with, your "story" is 50% of the loan; the ability to pay it back is only 50%.
Travis Johnson wrote:I guess my biggest question is, why bring so many partners into the ownership mix? I have seen some partnerships work, but not many so when I hear people suggesting partnerships, I start to wonder what each person brings to the table, and why they are vital to the success of the operation. Two people are hard enough to get along with, but three is that much harder. BUT I do not know any of you, so what I just said is 100% based on probability, and not anything profound.
If your friend is part of a Federally Recognized traibe, just as an example, she will not need any of you others to help fund the land purchase, she can get that on her own. So that is why I wondered why (3) people, from (2) states were trying to get together. That is not a judgement call on my account, there may be a valid reason for it after all.