it’s much more complicated then buying them out. We have two companies and multiple properties. One company owns part of another. We are selling our largest asset which is the junkyards. It’s what our grandfather started and I grew up at and have been running for the last 10 years. It started as us selling parts (1933) but now we just rent land to junkyards since 1972. So we will just be reinvesting to other property. It might be the smart move or maybe not. I just want to keep it and they don’t. I have no where near enough capital to buy it. I just hate turning my back on an industry my family helped build in our area. I care about these people, it feels like I’m betraying my family of tenants.if they want to sell but you don't, you should legally be able to buy them out of the business unless there's something contractual that would prevent that.
Well i will admit ive been having a tough time lately. I own my company with my sisters. One of them sucks really bad. She is on the spectrum and is a total narcissist and is one of the laziest people ive ever known. It literally has to be the worst combo ever. Back around Christmas at a funeral for a family friend her daughter punched me in the balls, while dad was standing six inches from me and he just laughed as i fended of the first three blows. Shes 6 and its been an ongoing issue with me, my kids and others. My sister acts like its normal behavior. Anyway when i returned to the table in discomfort and was asked what was wrong. I said her daughter punched me in the balls and it hurts. My sister threw an epic melt down, called me names, made a big scene. This ended up carrying on for over a month until I "had" to apologize to her.
She brought her kid to work a couple months ago and the kid was acting scared of me and avoiding me. Which is fine but also really sucks. I dont want to scare kids or get punched in the balls. But i was guilt tripped hard for not going to her birthday earlier this month. But its just too big a risk. My sister has pulled the "im scared of him" shit since we were kids to get her way.
Now she wants to sell off our 3rd generation business and the younger sister agrees. They dont want to work and also dont want me to do it either. It fucking sucks, I love my work and this place, but they wont stop with wanting to sell it. There are worse positions to be in. I still hate it. Then I think if i dont have work and I am sick of living here in the city and desert, im moving. Current short list is Ashland, oregon or maybe bend.
Still times of uncertainty have me feeling uneasy and depressed.
how much capital would RM have to raise to invest? the RM junkyardit’s much more complicated then buying them out. We have two companies and multiple properties. One company owns part of another. We are selling our largest asset which is the junkyards. It’s what our grandfather started and I grew up at and have been running for the last 10 years. It started as us selling parts (1933) but now we just rent land to junkyards since 1972. So we will just be reinvesting to other property. It might be the smart move or maybe not. I just want to keep it and they don’t. I have no where near enough capital to buy it. I just hate turning my back on an industry my family helped build in our area. I care about these people, it feels like I’m betraying my family of tenants.
I also won’t be able to do this stuff. View attachment 149075View attachment 149069View attachment 149075
We’re talking 30 odd tenants on 40 acres in a commercial hot spot in San Diego. It was farm fields when my grandpa bought it.
I like the way you think. It’s a reality anyways. But not as much with a cash buyer.I am guessing a sale would require an environmental study and possible extensive and expensive clean up making the property not very profitable for resale or repurpose. Or at least I could have my environmental engineering buddy write that up on some fake letterhead for your sisters.
Can confirm.You assholes all seem like decent folks. Except @kidwoo. He’s just about a bike thief. Frame only option.
I like the way you think. It’s a reality anyways. But not as much with a cash buyer.
She does web design now, good job you changed industriesGlad to hear it!
if you ever come across a old FJ40/45....let me know..it’s much more complicated then buying them out. We have two companies and multiple properties. One company owns part of another. We are selling our largest asset which is the junkyards. It’s what our grandfather started and I grew up at and have been running for the last 10 years. It started as us selling parts (1933) but now we just rent land to junkyards since 1972. So we will just be reinvesting to other property. It might be the smart move or maybe not. I just want to keep it and they don’t. I have no where near enough capital to buy it. I just hate turning my back on an industry my family helped build in our area. I care about these people, it feels like I’m betraying my family of tenants.
I also won’t be able to do this stuff. View attachment 149075View attachment 149069View attachment 149075
Sorry to hear about that. Losing your job and a big part of your family history must be difficult. You cannot blame yourself for this situation though, you can't change other people, family or not.Now she wants to sell off our 3rd generation business and the younger sister agrees. They dont want to work and also dont want me to do it either. It fucking sucks, I love my work and this place, but they wont stop with wanting to sell it. There are worse positions to be in. I still hate it. Then I think if i dont have work and I am sick of living here in the city and desert, im moving. Current short list is Ashland, oregon or maybe bend.
Sorry to hear that John. I can understand how that must be confusing/scary for her and unbelievably frustrating for you.Hilarie’s memory and confusion issues are taking a greater toll on me than the pandemic. I'm turning into a full time taxi driver, most of each day a maelstrom of inane repeated conversations to the point that I have trouble keeping focused on what actually needs to be done.
++vibes, man. That really sucks.Hilarie’s memory and confusion issues are taking a greater toll on me than the pandemic. I'm turning into a full time taxi driver, most of each day a maelstrom of inane repeated conversations to the point that I have trouble keeping focused on what actually needs to be done.
We will be in Moab the third week of October, if anyone wants to ride. Probably Hazard down at that point. Self shuttle...Same, so I'm sure that's helped me as well. I've been remote since 2016, and have worked as a freelancer (effectively remote) on a bunch of occasions before that even. Plus, I don't have kids at home, same as you. Could not IMAGINE what that is like.
Glad to hear it!
Seconded on both of these sentiments: not enough rides with friends and gonna be sad to miss out on a WE rip this fall.
Sounds like you just need to find a new job -- preferably one that doesn't require you to pee in a cupIt WAS nice to get to spend those three months at home.
The flip side is that the FTS on work days is much stronger than I could have imagined possible, and it was bad before.
Sounds like the speculative value of the land (irrespective of the remediation) far exceeds the current use and ROI of the land.We’re talking 30 odd tenants on 40 acres in a commercial hot spot in San Diego. It was farm fields when my grandpa bought it.
Wife and I camped at Warner Lake campground mid-October last year and had the place to ourselves.We will be in Moab the third week of October, if anyone wants to ride. Probably Hazard down at that point. Self shuttle...
Ooof, that’s rough. Hang in there. Try to get some time to yourself if you can. We are no good to our loved ones if we are not good to ourselves.Hilarie’s memory and confusion issues are taking a greater toll on me than the pandemic. I'm turning into a full time taxi driver, most of each day a maelstrom of inane repeated conversations to the point that I have trouble keeping focused on what actually needs to be done.
As in @jstuhlman's mother, she has resisted memory diagnosis and treatment. She also has anxiety verging on the severe. She takes some medication to address that; I don't want to see this verging into warehousing drugs, which her sister has her mother on.Sorry to hear that John. I can understand how that must be confusing/scary for her and unbelievably frustrating for you.
Is she seeking treatment? Or are they just letting it play out. I can't profess to be very knowledgeable on the course of action these days.
My friends parents are suffering from this at the same time. The only upside I guess is that they both seem to be on the same page. They have their own little world and take care of each other but are completely out of sink with reality.As in @jstuhlman's mother, she has resisted memory diagnosis and treatment. She also has anxiety verging on the severe. She takes some medication to address that; I don't want to see this verging into warehousing drugs, which her sister has her mother on.
I am sorry to hear that John, hang in there. Just today I thought how nice it would be to ride together here or in VT, I miss those days so much. I wish New England states arrived at a joint covid policy and not the fragmented bullshit we have now.Hilarie’s memory and confusion issues are taking a greater toll on me than the pandemic. I'm turning into a full time taxi driver, most of each day a maelstrom of inane repeated conversations to the point that I have trouble keeping focused on what actually needs to be done.
Dude. Take care of yourself. You are my plan B - parking a camper in your yard and floating the river every day.Sounds like you just need to find a new job -- preferably one that doesn't require you to pee in a cup
Sounds like the speculative value of the land (irrespective of the remediation) far exceeds the current use and ROI of the land.
Just find someone with "deep pockets" to help buy your siblings out with a lowball offer.
Remediate the land and then split profits with the investor. It's the 'Merkin way.
+++++
As a WFH misanthrope who was already spending 50% of my time working on (and out of) my shit box in Idaho Covid-19 hasn't changed my routine(s) much outside having the kids around more than normal.
While I won't complain about having my busiest business year (ever) given the economic devastation so much of the world is experiencing, the lack of time in the mountains (and exercise) is killing me.
Every year I "say" it will be different next year, but I'm starting to realize next year will never come, and I need to start now...
Thank the FSM that I'm able to float the river and self-medicate... and I have a tentative plan to grab a campsite at my happy place next week for 7 days of "end of summer" working / camping here:
View attachment 149136
Both my kids are attending school in person after Labor Day but I look after my elderly mom and have my own health concerns.
So I think I'm going to have to socially distance from my own family until that shit goes virtual after the inevitable super-spreader event occurs.
On the plus side it's been good preparation for the (seemingly inevitable) dissolution of my failing marriage...
Let's ride soon again, Tim.I find that all of this has increased my anxiety greatly, to the point that I'm finding it difficult to focus on well, anything really.
i can remember when my grandmother had the same issues and my mother refused to acknowledge the it was alzheimers for some reason. i think she's always been terrified it would happen to her. and guess what...As in @jstuhlman's mother, she has resisted memory diagnosis and treatment. She also has anxiety verging on the severe. She takes some medication to address that; I don't want to see this verging into warehousing drugs, which her sister has her mother on.
Thanks, js and others!i can remember when my grandmother had the same issues and my mother refused to acknowledge the it was alzheimers for some reason. i think she's always been terrified it would happen to her. and guess what...
she's taken to making lots of lists/post it notes as memory aides over the years. now she loses them and gets more stressed. even normal things take forever. when they visited last year, i had to walk away in the grocery store because it was taking her so long (5+ minutes) just to pick some yogurt. we lost another whole day when she thought she hadn't brought enough special cream for her rosatia and has to track it down locally.
i'm pretty sure that at some point soon she's going to have to stop driving, as my dad reports that she can't remember how to operate power windows/ac, etc. sometimes. and yeah, john, i know it's gotta be hard/frustrating for you, because i can see it in my dad. he now does the majority of household tasks, banking, etc., because it's just easier. drives her a lot more too. but repeating the same thing to someone many, many times can get super frustrating for sure.
anyway, hang in there man. from all i can tell, getting a diagnosis is important as it can get you access to more resources that will hopefully make thing easier for you as well.
everyday this year from march 15th on has been groundhog day for me....
you and us all...except didn't you have a vacation in the real mountains? other than our week in northern ga, and the two days i've escaped to wilson creek to ride, same here.everyday this year from march 15th on has been groundhog day for me....
I know this was said (mostly) tongue-in-cheek, but I happened to be listening to a podcast the other day that brought up the apparent noted phenomenon of a decrease in mental health issues during times of really large crisis or war. Apparently, it's not just depressive assholes like me who feel better when shit gets really weird. Sebastian Junger wrote a book that addresses some of this that I guess I need to go find, and there is this apparently famous study done after WW2 that addresses a "community of sufferers". I'm no scientist or mental health expert, and perhaps there are plenty of holes to poke in the above noted works, but it does seem, at least anecdotally, to be a thing.Are we just not going to talk about 'squeeb being a total and complete fucking sociopath?