Just to add to the fodder, I noticed where Jack Brittingham is offering partial share (25%) interests in Rancho Encantado for $4.5 million each. Interesting model and I am certain there are details in the fine print that warrant due diligence.
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Originally posted by STGS View PostJust to add to the fodder, I noticed where Jack Brittingham is offering partial share (25%) interests in Rancho Encantado for $4.5 million each. Interesting model and I am certain there are details in the fine print that warrant due diligence.
https://www.landwatch.com/dimmit-cou.../pid/408701173
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My brother and I own one together. It has worked really well. It is all about relationship and how well you get along. We do own our business together before we bought it, so we knew what our strengths and weaknesses are. We work around the issues pretty well so far. For instance, he was strongly against us getting horses. I wanted to have horses so we had another activity other than just hunting related. I finally said that I would buy them and if they didn't work out, I would sell them. If we found out they were great fun, then we would have the ranch buy them from me. Now we have six horses! He loves it and we both ride as much as possible. We use it for our friends and business but also love to be there together. I find just being considerate and thoughtful will keep the bulk of the issues at bay.
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