Partnerships are something with a life of their own. To be partners every detail needs to be addressed in detail. If 3 families are going to be involved in the operation of this farm, do all 3 families bear the same amount of the work load, do all 3 families have the same amount of capital outlay, do all 3 families own the same percentage of the whole operation,etc. If not does everyone know what their risks, investments, and responsibilities are??? It sounds like you don't have farm background. Why does it take 3 families to make a 300 acre farm work??? Are you needed for the cash??? I would be Leary buying into a partnership with someone not knowing what was mine. For instance, if this does not work out, it will more than likely be divided in a court of law. I don't want to sound all negative, but have walked this road before, and there are a lot of obstacles in partnerships. I am sure you have some savings, but if this doesn't work,more than likely you will not have a job and NO savings also.
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Today's Featured Article - A Towny Goes Plowing - by Anthony West (UK). I live in an area renowned for its rural beauty. Small fields with hedgerows and trees are common place, as are small hamlets with village greens and the odd duck pond complete with swans. The center of any village once the shop is closed is the old tavern. Rustic places with cheerful names like "The Griffin" "Red Lion" or "The Plough and Harrow" are found dotted around the country lanes all over the place. The warm glow of yellowish light can be seen for quite some distance at dusk, and
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