David McGhee

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since Aug 08, 2018
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Recent posts by David McGhee

@Travis, The alternative will be tougher on those after us. I believe you may feel similarly. Thank you for sharing your story.
9 Partners is about me bearing as much burden as I can - now - rather than passing it on.
- David
5 years ago
pep
@Travis; What's up with that? Given the conditions, I'd expect they would have a good partnership model. Come to think of it maybe not. It was a Mainer who retored, "Parnership is the only ship that won't sail."
@James; I've grown suspicious, after having my farm dreams posted there for a year now. In fact, I've been vocal to them that their "Farmer to Farm" links are prolly doing more harm than good.

Right, Tyler.. Investor partners' resource is cash or land of equivalent value. In my model, somewhere equivalent to $500,000, if it's the case where we buy property and build out a small-midsize operation in the Hudson Valley east.

But, without detailing here please catch up with me, as Paul kindly suggests, elsewhere.  I started this thread 7 mos ago link below.  
https://permies.com/t/103150/experiences/Otis-Seeks-Olivia-East-Coast

Can we explore how partnerships can work to transfer property for Ag/conservancy purposes without farmer indebteness to wasteful lease scenarios. Think Salatines Memo of Understanding but with farmer share in profit and voice. Considering the 9 Partners model. My focus is currently to define the Investor Partners and Landowner Partners.

I'm trying to do so in a way that illustrates my personal goals as a framework from which I can think about building partnerships from a more general description. For example; I feel that in general, investor partners and landowner partners should remain low 3-5(at most) each with equal resources (cash/land/animals/structure/...) In my example we'll each need about $500,000 between 2-3 people.
- David
 9 Partners
Soil, Water, Climate
Landowner, Investor, Farmer
       Community, Student, Sponsor
https://hudsonvalleyfarmlandfinder.org/find-a-farm/property/9-partners-farm

btw,
Olivia remains equally elusory.



5 years ago
pep

Farmlink sounds awful. Our Hudson Valley Farm Finder is largely an unmoderated list put on by American Farmland Trust and local conservancies. Their thinking doesn't go beyond indebting young farmers with land/farm owners with lease agreements that from my opinion are without much efficacy for stopping the brain drain of farmer knowledge and skills to the next gen nor do lease arrangements - in this regard - keep or put farmland into ag production at scale over the long term.

That said. They are considering adding a tab for "Investor Partner". Partnering is a slow row to hoe.


5 years ago
pep
Interesting predicament you've got Otis in, James. I don't doubt these concerns. In fact, I imagine Otis, the generous sort he's ended up, will portion the property/farm/land as a business to the partners the business takes on; relations aside.

Initial partners, in my scenario, would likely be a landowner and investor with assets similarly equal. They would run their relevant enterprises in accordance with their partnership and the business. Farmer partners, would be brought on earning share in accordance with their assets, which are expected to be experience, strong back, family and years to bring the vision forward, and similar goals as the partners. Farmer partners would enter a sort of tenure track program as associate farmer partners in various farm enterprises under an arrangement similart to Salatines Memorandum of Understanding. The difference being that associates track assures them both profit share and voice share.

I'm still working it out, and all ideas are appreciated. I received this series from my local Ag Extension. It goes into how the landowner partner and investor partner could structure the partnership as a business and make way for associate farmer partners to join.
https://vimeo.com/332514796
- David
 9 Partners
Soil, Water, Climate
Landowner, Investor, Farmer
Community, Student, Sponsor
https://hudsonvalleyfarmlandfinder.org/find-a-farm/property/9-partners-farm

5 years ago
pep

@David Burton The earlier note and links explain that I'm pretty flexible with the various processes of partnering that may be available to us. The further list identified what kind of partners may be interested in my proposal.
Please contact me;
- if you want to partner to buy land together where you work your bit and I work mine; and we share resources, or;
- if you want a stake in a farm that is profitable within three years on Ag and agrotourism income, but you aren't interested in actually working the farm 100% of your time, or;
- if you have 25+ acres for sale under $350,000 developed or $150,000 undeveloped in Dutchess, Columbia, or Green; 15+ acres wooded (10 in conifer or maple or oak); 10+ acres grass pasture or so; with wetlands, or;
- If you have an other holistic, regenerative farming dream.
5 years ago

Before seeking your kind attention at my small farm dreams, let's first consider Paul's reflection on the keys to an intentional community's success in PW Podcast 430 - Otis.

"You need to embrace that it is within you to say "obey or else" to other people and you have to control that impulse. You also need to recognize that others may want to say that to you as well and figure out how to deal with it."

With this in mind I'm asking East Coast Otis's and Olivia's and wanna'bees to consider my farm and conservancy notions and join me. I'm ok with giving up some control to the right Olivia and maybe Otis too.

 Thanks 
- David 
Holistic, Regenerative Farm Dream:
https://www.youtube.com/channel/UCEw6_1ujbEz5X4ygocIGgkQ?ab_channel=RockyDanielGardensLodge%26Learn

Find Farmland Profile:
https://hudsonvalleyfarmlandfinder.org/users/david-mcghee
5 years ago

Kay Gelfling wrote:What might be a good way to find an Otis in my area? It's true that I would love to find somebody to potentially buy land from in a few years, but as that might be hard to find, I would be happy to find an Otis to learn stuff from! Maybe there is an Otis near me who would want a respectful, interested person to give advice to? Maybe I could help with some chores in exchange. But where to look? Is it time for another "good idea, bad idea"? Thanks for any advice. :)



Kay,
Try these resources. They're mostly for the east coast but may help you organize your thinking about how to find a local Otis.
Good luck.

http://landforgood.org/resources/toolbox/toolbox-farm-seekers/
https://www.landandfarm.com/

​Slow Money Investors
Connects investors to local food systems and small food enterprises.
http://slowmoney.org/ 
These are my area's but they may help you organize.
Dirt Capital Partners https://www.dirtpartners.com/
Iroquois Valley Farmland REIT https://iroquoisvalleyfarms.com/
Local Farm Funds https://www.localfarmsfund.com/

I'd also recommend looking for Land Conservancy in your area. And do connect with your local University Cooperative Extension. You may additionally have a farm and farmer matching service in your area similar to ours in the Hudson Valley. Here's the link to my profile, for example; https://hudsonvalleyfarmlandfinder.org/find-a-farmer/farmer/2473
5 years ago
I want to bring focus to Paul's reflection on the keys to an intentional community's success.

"you need to embrace that it is within you to say "obey or else" to other people and you have to control that impulse. You also need to recognize that others may want to say that to you as well and figure out how to deal with it."
Is there a podcast that explores the idea further?

May I also ask East Coast Otis's to consider my farm and business plan (link below). I'm ok with giving up some control. Thanks
- David

https://www.youtube.com/channel/UCEw6_1ujbEz5X4ygocIGgkQ?ab_channel=RockyDanielGardensLodge%26Learn