What I am meaning is doing projects together. Like the cabin Larry posted about in his earlier post. A group of guys banding together to buy/build a hunting cabin.
This used to extend to equipment in many families. I can remember my Great Uncle owned the square baler an my Grand Dad owned the tractor and wagons. They baled all the hay together.
Another Great Uncle owned a two row corn picker and traded out picking all of the families corn.
My sons and I own several of the large pieces of equipment together. The one combine is a good example. We all own it equally. We split the repairs into a percentage of use. We just keep track of all the repair cost for each year. Then we add up the total acres used. We then come up with a repair cost per acre and each pays for his acres of use.
I just don't see families working that way much anymore. I think that makes it easier for families to fall out. If you work together your less likely to not work out any issues that come along. It is easier to walk away.
This used to extend to equipment in many families. I can remember my Great Uncle owned the square baler an my Grand Dad owned the tractor and wagons. They baled all the hay together.
Another Great Uncle owned a two row corn picker and traded out picking all of the families corn.
My sons and I own several of the large pieces of equipment together. The one combine is a good example. We all own it equally. We split the repairs into a percentage of use. We just keep track of all the repair cost for each year. Then we add up the total acres used. We then come up with a repair cost per acre and each pays for his acres of use.
I just don't see families working that way much anymore. I think that makes it easier for families to fall out. If you work together your less likely to not work out any issues that come along. It is easier to walk away.