⌛ Right-of-Way Easement

Rhoody, I thought when you took my picture you said you wouldn't post it on the DI? As I told you, I don't have a license for that weapon. Plus, I'm getting a lot of pm's from married women saying how sexy and dangerous I look, and my babydoll is pissed.

 

Manza, Me too

 

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Pat! I do hope you mean PISSED OFF and not pissed (Drunk):D


Jack P.

 

It must be the cyborg part of you that they are attracted to. :D

 

as long they can keep secret... i dont care :D

 

I do think you need to be careful in a situation like that and have formal agreements. It seems to me it would have to be outside your deed since it would be between you and the adjacent property owner, it would be in his deed rather than yours so it would continue to be in effect if he were to sell his property. In my neck of the woods I have a surveyor that I have found invaluable. He works things out in terms of buying property and then we deliver it to the lawyer to be drawn up. Don't know if you are dealing with a surveyor but seems to me they are the ones that are critical to getting a land deal resolved in the PI.

I have been working along the same lines as you it sounds in terms of producing some family income, in fact its gotten to the point that my expectations are to make a significant amount of income myself. Its become a shared effort. I imagine my involvement is a lot higher than you might want but I am enjoying myself trying to get it planned and functioning. Though I am also getting a heck of a lot of capital invested. Anyway I would be interested in sharing ideas with anyone. I find it an interesting challenge to tackle

 

There is a need to have a project going when retired. As you mentioned, it comes down to how much capital do you want to invest, if you have it, and in my case I am limited to about a 5,000 smtr lot. That would give me 100 coconut trees for copra and shells plus put some cows on the land, given you have their feed from the coconut leaves, and plant some vegetables. With another lot, when I pass away my wife and child would have a couple of options going forward.

 

Where is your "neck of the woods" if I might ask?

 

Road Rights and Copra

We own lots all over the Country and some of our lots require access through one to multiple owners properties. In most cases we try and buy the road right of way and other times we are only able to lease it. In either case we make sure that this is in perpetuity and can be passed down to our heirs. We recently leased a road right of way 1 km long for about 175,000. This is in perpetuity meaning even if the owners sell their property the road is ours to use forever and technically no one else can use it without first paying us. Purchases or leases are generally seperate agreements and titles in the case of outright purchases.

As for growing stuff Copra can be great but now the trees are not yielding many fruits and it takes 7 years to plant them to first yield anyway. 5 years ago we planted 100 hectares so in 2 more years we should start generating an income from it. Presently, the price of copra is fairly high at about 45p kilo but yields are way, way down. My wife has 30 hectares aside from the 100 we own together. She will earn about one million peso from that less 200,00 in expenses for a net of 800,00p. This translates into about 26,600p per hecatre annually x 30. At 45 peso per kilo this tanslates into 600 kilo per hectare annually. When Copra was at its best in price and yiled she earned as much as 2 million net on this same 30 hectares.

So technically on the 100 hectares we own based on today prices and yields should generate almost 2.5 million pesos annually net of expenses. You also have initial land cost. I bought this land for 30,000 hectare so seven years after I buy it will almost return me my money and then 2.5 million annually after that and hopefully higher with better yields (more fruits)

 

Great info! Much appreciated! Why coconuts though? Easy? Low maintenance? Few headaches? Rice per hectare yields twice the net you mentioned, at least going by our last years crop, and sugarcane yields even more! We planted coconut palms around the perimeter though, and have 30 planted so far, with another 30 or so to go. None of them shade our other crops, and the only reason we planted them is that on those two sides of our property it is not practical to grow rice or sugarcane.

If one was to grow coconut palms and another crop under them I could see it, but what would that other crop be and what would be the yield as that crop would be shaded?

I still think farming, if done correctly, is the easiest way to make $ in the Philippines!