To avoid these ads, REGISTER NOW!

Above 1200 Sq/FT The Salvage Garage

Wokspaces above 1200 squarefeet.
OP
S

Strouty

Well-known member
Joined
Mar 21, 2010
Messages
38,224
Location
Southern Maine
That is one decision that I am firm on, I am not outfitting two shops. I don’t need to spend the money or have the maintenance headaches duplicate equipment and tools would bring.
 
To avoid these ads, REGISTER NOW!

xtremek

Well-known member
Joined
Apr 13, 2012
Messages
11,603
Location
St. Johns, Mi
I vote for focusing on getting the new place squared away so it's easy to use and ready to rock. Then bring one organ donor at a time to the new place and get it gone. Due to money, I was forced to go the other direction, and 8 years later, I'm still trying to finish it,....and working on the barn is 100 times harder now.
 
Last edited:

Prospecter

Well-known member
Joined
May 16, 2015
Messages
2,443
Location
Maine
Cold = Frozen ground easy to move over. We won't get a lot of snow until late December, so as long as you keep the ground uncovered, you should be able to move over it without getting stuck. 'Course I'm just affirming what you already know!

Petty, passive aggressive people often justify their behavior to themselves based on perceived slights. Good on you to keep the conversations going. As long as he "Knows that you know," and "Knows that you know he knows. . . . " that should head off a lot of trouble.

Good news is that you'll be settled going into the new year! A very worthy resolution well on its way to being kept! I am very happy for you!
 
OP
S

Strouty

Well-known member
Joined
Mar 21, 2010
Messages
38,224
Location
Southern Maine
Well, my stepmother has thrown some shade on this deal. My Dad has to appease her, but if she makes things too difficult, the house and shop will sit empty. I am not going to get tangled into things with that kind of mess, basically I am resigned to the fact that nothing is happening at all, but if it does, only under good agreeable circumstances, then I will move forward. So don’t expect to see me moving forward for weeks, I haven’t given up hope, but this type of mess seems to follow me everywhere I go. You guys like drama, I try and provide.
 

harley jim

Well-known member
Joined
Dec 6, 2013
Messages
11,423
Location
Cleveland Tn..........out in the sticks
Absolutely, but 50% of them are supposed to be cannibalized for other projects and then disposed of. In other words, once I remove the tools, they still need to go to the Hill.
That makes sense. In 2015 For the first time ever I finally got everything I own on one piece of property, it is a pia to go here and there to retrieve stuff for a project. You will win this in the end.

Sent from my SM-A102U using Tapatalk
 

F451

Well-known member
Joined
Jul 18, 2010
Messages
991
Location
WA State, USA
Well, my stepmother has thrown some shade on this deal. My Dad has to appease her, but if she makes things too difficult, the house and shop will sit empty. I am not going to get tangled into things with that kind of mess, basically I am resigned to the fact that nothing is happening at all, but if it does, only under good agreeable circumstances, then I will move forward. So don’t expect to see me moving forward for weeks, I haven’t given up hope, but this type of mess seems to follow me everywhere I go. You guys like drama, I try and provide.

Wow, what shame, looked like things were going your way for a bit there. Sorry to hear this.

It seems being tangled up with other people regularly puts a crimp in your plans. I'm sure you've considered this, but is there anyway to "untangle" from people that can throw a wrench into your plans and desires?

Do your own thing? Let them do there own thing?

Not talking about abandoning family, or running off, just untangling.

Just a thought, I'm sure you would have done it sooner if it was as easy as just making a decision about it.

Anyway, good luck, I hope which ever way you decide to go it brings you peace. -Eddie
 

PelicanPines

ALLIANCE MEMBER
Joined
Apr 30, 2014
Messages
38,133
Location
New Jersey, USA, Earth, My own reality
Days of our lives… go 4 years... don't watch it... the very next episode you watch it's like nothing happened in those 4 years.

Pretty much the same with this thread...

But he keeps pulling us in. We try to leave but we are trapped in the Stroutysaga…

I still think those truck centipede posts rate the best ever... In any thread ever.

Hmmm another movie quote comes to mind... Two men enter... One man leaves... but with us its... We all enter... No One will ever leave.
 
OP
S

Strouty

Well-known member
Joined
Mar 21, 2010
Messages
38,224
Location
Southern Maine
Had a good long discussion with my Dad today, he is adamant that I have the house and shops at the Hill, his Dad gave home a hell of a deal when he bought it and Dad wants to continue this on. I think we will be able to work through this, but today it was clear that his wife will be a part of this for better or worse, but he wants me to continue to run things and thinks I deserve the house, I will still be paying for it, but it will be at assessed value, so it is still a great deal. I keep the family business rolling, so untangling is kind of hard, this new move might take some effort, but in the end it puts the family business office at my house and my shop at my house, that will be a big benefit long term. If I wanted to untangle from it all, it would mean abandoning ship and I don’t think I could do that to my Dad.
 
OP
S

Strouty

Well-known member
Joined
Mar 21, 2010
Messages
38,224
Location
Southern Maine
Without my Dad, I would most likely not had any of my life experiences, he taught me good things and things that I thought were good, but ended up not being so good "perfectionism". I wouldn't give up those experiences and I respect what he has done and as I have told him, it is time for him to do what he wants to do and let me deal with the business side of things. Of course sometimes he starts things that I wish he wouldn't, but in the end it is his money and as long as there is enough left to pay payroll and the bills it doesn't matter where he spends it.

Yesterday he and I were trying to get things ironed out with the house/shop ordeal and I can tell he is looking out for me, but it is a balancing act for him. He also came over to the SG and we tried to do something quick, never seems to work when you are in a rush, but we got it done. As we were getting in the truck, Dad said to me "I don't think I was really dressed for what we were doing, man is it cold" I told him, "Hey, I gave you a pair of gloves" Dad said "but it was really cold" I responded "It's payback for all the times you hauled me to a job when I was little and didn't have really warm clothes (with a smile)" Dad laughed, he remembered those times.

I think all we have is a delay, I hope it doesn't turn into some sort of rift and his wife will see that things are OK. Biggest issue is she has three daughters from other marriages and there is only Me and my Brother from my Dad. As my GF says, this is all a mama bear protecting her cubs, almost all the issues arose from me not wanting to use my stepsister in the office, I was already using my GF for filing and bank runs, well I had to fire my GF last night as Dad's wife has decided that the secondary office staff will not be a family member or related party. I am OK with it, my GF was kind of pissed, but she understood, not that it gets me off the "hook" for firing her.
 

86turbodsl

Well-known member
Joined
Jul 1, 2005
Messages
6,558
Location
Michigan
Yikes. Be careful on the blowback from that one. I know she's your GF, not your wife, but in a relationship like that, she's supposed to be your first obligation. This sure seems like watching a soap...
 
OP
S

Strouty

Well-known member
Joined
Mar 21, 2010
Messages
38,224
Location
Southern Maine
Yes, the GF knows the dynamics and understands, she is just going to give me **** about it for a while. "Remember when you fired me?" Will echo in my ears for a while. ;) We have been together for over twenty years, she knows how my Dad's wife operates, there is rarely a calm discussion, it usually ends up an explosive one and most of us tread lightly around her.
 
To avoid these ads, REGISTER NOW!

PelicanPines

ALLIANCE MEMBER
Joined
Apr 30, 2014
Messages
38,133
Location
New Jersey, USA, Earth, My own reality
Oh man... I've experienced this exact situation with our grandparents in laws... and a successful machine shop... it did not end well at all. Step grandma screwed everybody.

I bow to you Strouty. Best of luck but be FIRM on the important things. Get things on paper and have dad sign them.
 
OP
S

Strouty

Well-known member
Joined
Mar 21, 2010
Messages
38,224
Location
Southern Maine
My biggest fear is I put ten years in and she decides to liquidate everything, the way it looks now is if Dad becomes incompetent, (honest fear), she is power of attorney, game over, all for nothing.
 

F451

Well-known member
Joined
Jul 18, 2010
Messages
991
Location
WA State, USA
You're lucky to have your dad in your life and for you and him to get along and joke about the old times. Some day, these very days will be the "old days" and you'll look back fondly on them and wish you could relive them. I know you know all this, but it bears mentioning anyway, its a good reminder for all of us as we busily rush through life.
 

PelicanPines

ALLIANCE MEMBER
Joined
Apr 30, 2014
Messages
38,133
Location
New Jersey, USA, Earth, My own reality
My biggest fear is I put ten years in and she decides to liquidate everything, the way it looks now is if Dad becomes incompetent, (honest fear), she is power of attorney, game over, all for nothing.

Exactly what happened. He got so bad ... she shipped him off to the old country to die in an unexpected controlled or watched environment. Sold everything while he was still alive. Picked the bones cleaned then we got word he died. Machine shop was 15,000 square feet of top of the line milling, lathes horizontal mills, granite slabs... boxes of German bought tools...

All gone.
 
OP
S

Strouty

Well-known member
Joined
Mar 21, 2010
Messages
38,224
Location
Southern Maine
If done right, my Dad's estate would fetch close to 20 million, if done wrong it would be cut in half. Regardless of what it is "worth" my intent is to be able to have the company take care of the next generation, there are only two grand children and they would benefit the most. I can keep the company running as a one man show if need be, it would keep costs down for sure. I have already explained that if my Dad were to pass, I could give his wife 50% of gross revenue and still keep the company humming along, then when she passes, the revenue would be split 5 ways (all the siblings from both parties), at that point it would be based on net profits, not gross as it wouldn't be fair to me, I would end up having to run the company for free if you look at everyone being paid out equally.
 

shortykorte

Well-known member
Joined
Sep 1, 2014
Messages
8,039
Location
Tallahassee, Fl
Oh man... I've experienced this exact situation with our grandparents in laws... and a successful machine shop... it did not end well at all. Step grandma screwed everybody.

I bow to you Strouty. Best of luck but be FIRM on the important things. Get things on paper and have dad sign them.



If you ever need everything legally documented, that time is now. The “sale” of the house needs to a regular real estate transaction not a handshake, especially if there’s a “step” mom with 3 non-family children.
As far as the business, that can end at anytime, be it working for someone or yourself. No guarantees there but you do want protection when it comes to your home.

I’m dealing with the mom-stepdad along with siblings have kids and and I don’t. It’s already starting to cause a rift.


Shorty Korte
Always remember quality in QST

Sent from my iPhone using Garage Journal
 
OP
S

Strouty

Well-known member
Joined
Mar 21, 2010
Messages
38,224
Location
Southern Maine
Paper trail for sure. It is complex, there are lots of moving parts and some tax issues tangled in for good measure. The plan is to have Dad and the Wife sign off, then I will have protection for the future as none of the siblings have any standing or reason to take issue with the process now, having the signatures from both of them should seal things up for later on as well.
 

mybigwarwagon

Well-known member
Joined
Nov 4, 2009
Messages
4,428
Location
Vale, Nc
I saw a sign in a store window once that sais, " We treat you like family". No way i am going in there.

Hope you get everything worked out.
 

1Garageman

Well-known member
Joined
May 12, 2009
Messages
4,417
Location
Columbus, Ohio
WOW, that took some balls to fire your GF!!!!! That is a lot of money, "If done right, my Dad's estate would fetch close to 20 million, if done wrong it would be cut in half.", I hope $$$ don't do anything to your family. I know $$$ can really break some families apart.

On the other side if everything goes well, like you said, your family could be set for years! Sounds like you guys have a very successfully, and highly needed business that will always be busy.

How many years has your guys business been around? You mentioned being a kid and gong with your dad to sights....
 
OP
S

Strouty

Well-known member
Joined
Mar 21, 2010
Messages
38,224
Location
Southern Maine
1965 and the business income is all rental, Dad always built towers and he figured if he was getting paid big money to build them, he ought to own some. We are small potatoes in the scheme of things and the values bounce around significantly, right now they pay somewhere between 25 and 30 times your annual revenue stream for a tower. Revenue can change all the time and if technology changes substantially, the big paying tenants could go away almost instantly. In the end, the frequencies currently used will need towers to transmit from in order to work (unless the laws of physics change) and I suspect they will get repurposed for something else, although it could be a less profitable thing and the lease revenue would reflect that. I am preparing for this with Dad and we have diversified, so we own some houses and will be developing some land to build more. My goal has always been to keep the company going long term, right now I am trying to simplify things so that if something happens to me a reasonable person could figure out exactly what is going on and continue running the company.
 

legenddc

Well-known member
Joined
Aug 19, 2012
Messages
1,075
Crazy. Glad you got the house handled alright. It's amazing how people act around money or when there's inheritance involved. Seems like everyone has a horror story about it.
 

FarmerWill

Well-known member
Joined
Dec 6, 2017
Messages
293
Location
South Texas
Treasure him while you got him. Lost my dad eight years ago this month. Spent my brothers birthday planning a funeral. Worst thing me and him have had to do.
 

Higgins

Well-known member
Joined
Dec 25, 2009
Messages
1,942
Location
Shepheardsville, KY
Crazy. Glad you got the house handled alright. It's amazing how people act around money or when there's inheritance involved. Seems like everyone has a horror story about it.
There is a song, when there is a will, there is a relative. It's a Hoot! However, it is so true !!!
AL
 

shortykorte

Well-known member
Joined
Sep 1, 2014
Messages
8,039
Location
Tallahassee, Fl
How many tiny houses can you hang on a tower? With global warming, people are going to need to move up. Lol.


Shorty Korte
Always remember quality in QST

Sent from my iPhone using Garage Journal
 

mybigwarwagon

Well-known member
Joined
Nov 4, 2009
Messages
4,428
Location
Vale, Nc
How many tiny houses can you hang on a tower? With global warming, people are going to need to move up. Lol.


Shorty Korte
Always remember quality in QST

Sent from my iPhone using Garage Journal
I can see it now. Idiots on their cell phones stepping out the front door 150 feet up.
 
To avoid these ads, REGISTER NOW!
Top Bottom