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Archive for the ‘real estate’ Category

The situation
Ten parcels of ranch property owned by one partnership with about 25 members, one LLC with three members, a family trust with 20 heirs and four individuals including one who was deceased and still on title.
 
That was the status of our ranch in year 2003. We owned an undivided interest equivalent to 949 [...]

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Is this the time to buy a ranch? Duck club? Maybe not, but it is definitely the time to make serious progress towards buying hunting property. Here are some ideas to get you started.
 
If you want a hunting ranch, you must have the means to buy it and you probably won’t get enough money to buy [...]

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When initiating our partition action, we knew that one of the owners had died unexpectedly, but we didn’t know the rest of the story - that he died intestate (without a will), that he was married and that his estate had not been probated even though he’d be deceased for over ten years.
 
We could not probate [...]

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Sometimes you just can’t continue to co-own property with certain individuals. It’s similar to getting a divorce, but you may hardly know the person you’re “divorcing.”

I recently participated in a partition action on a ranch which I own approximately a twenty percent interest. As the petitioners my partners and I named the other co-owners in [...]

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During 2003, thinking it was a good time to buy a property to suit my own investment needs, I scoured the multiple listing service for an attractive buying opportunity.  On one occasion, I found a property that seemed to be listed below market value.
 

The property listed was advertised to be a 32-acre site with [...]

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My brother spotted a deer in Mocho Creek last week. It was a doe. Having lived along Livermore’s Mocho Creek for much of our lives, we know that spotting a deer in the creek is unusual. So unusual that the last deer we saw in Mocho Creek was over 40 years ago.
Our previous deer sighting occured [...]

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After a morning of enthusiastic and exhausting pheasant hunting, with a bird each in the bag, Rob and I trudged through a final field of marsh on our way back to camp.
 

I glanced over to my brother, and he pointed skyward – above our main duck hunting pond. A large flock of mallards was circling [...]

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(Caption: The size of the pond and the catch vary with ”the beholder.” ;) The small sycamore tree stood atop a 20 foot high mound where it had been spared by quarry equipment. It remained an island in an otherwise barren gravel pit. From our vantage point, my brother, Rob, and I could see a valley quail sitting atop [...]

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In the summer of 1992, I published a real estate newsletter. One of the areas of discussion was related to the benefits of partnerships. In that summer’s issue, I wrote the following:
 There are several ways that one can hold title to real estate. One of the common methods of taking title, when there is [...]

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