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Anyone ever tried to buy land from a railroad before?
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Date: April 29th, 2025 8:06 PM Author: vermilion supple ceo casino Working on a real estate deal. Building sits on land owned by a railroad company, building owner pays yearly rent to the railroad.
It seems crazy to buy the building and hope the railroad just keeps renting the land to me. It's on a freaking one year lease. So I would propose to the railroad that I buy the land, or at least rent it for a very long period. Dollar amount of the lease is trivial, maybe a couple thousand dollars a year.
Has anyone ever dealt with this before? I've heard doing anything with a railroad is super bureaucratic. |
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Date: April 29th, 2025 8:14 PM Author: godawful background story menage What the fuck? (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48891617) |
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Date: April 30th, 2025 12:06 PM Author: vermilion supple ceo casino It's definitely a crazy situation but apparently it's common. (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48893491) |
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Date: May 6th, 2025 10:31 PM Author: Fragrant hell toilet seat (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48909814) |
Date: April 29th, 2025 8:18 PM Author: saffron forum corn cake Just consider yourself lucky that whoever owns that railroad doesn’t own all four railroads. (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48891633) |
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Date: May 6th, 2025 10:14 PM Author: Clear thirsty native faggot firefighter (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48909787) |
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Date: May 6th, 2025 10:17 PM Author: Brilliant masturbator (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48909794) |
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Date: May 6th, 2025 10:31 PM Author: Fragrant hell toilet seat (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48909812) |
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Date: May 6th, 2025 10:34 PM Author: haunting sadistic preventive strike (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48909818) |
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Date: May 7th, 2025 6:42 PM Author: razzle fear-inspiring theater (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48911965) |
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Date: May 7th, 2025 10:23 PM Author: lascivious dysfunction national security agency (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48912420) |
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Date: May 9th, 2025 12:07 AM Author: Bearded Wrinkle Place Of Business (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48916033) |
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Date: April 29th, 2025 8:20 PM Author: Marvelous Tan Electric Furnace Headpube (race car) (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48891638) |
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Date: April 29th, 2025 10:25 PM Author: saffron forum corn cake (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48891998) |
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Date: April 30th, 2025 12:08 PM Author: transparent bat shit crazy kitty personal credit line (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48893496) |
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Date: May 6th, 2025 10:01 PM Author: vermilion supple ceo casino (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48909766) |
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Date: May 6th, 2025 10:12 PM Author: Vengeful slap-happy lay hunting ground Does the RR use the tracks currently? Good luck getting them to agree to anything. (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48909784) |
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Date: May 6th, 2025 10:14 PM Author: Clear thirsty native faggot firefighter Good luck, brother. Railroads aren’t in the business of selling land from what I gather. Maybe they’ll make an exception for you. (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48909788) |
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Date: May 6th, 2025 10:15 PM Author: green dilemma boistinker (guy who just watched once upon a time in the west) (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48909789) |
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Date: May 6th, 2025 10:16 PM Author: 180 sanctuary pozpig Merely asking the railroad to do this could cause them to decide not to renew the lease or ask for a crazy higher amount for rent.
Railroad’s don’t like to sell property and they have very aggressive lawyers who are part of an old money clique that’s very hard to break into.
I’d recommend leaving this one alone. |
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Date: May 6th, 2025 10:19 PM Author: green dilemma boistinker (henry fonda) (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48909797) |
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Date: May 8th, 2025 10:55 PM Author: house-broken property If there's one place alpha males congregate it's railroad law (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48915866) |
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Date: May 6th, 2025 10:26 PM Author: Fighting Bronze Office Partner Just do Coase theorem (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48909806) |
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Date: May 6th, 2025 10:38 PM Author: maize nighttime pisswyrm ape Railroads will never sell their land. (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48909826) |
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Date: May 7th, 2025 4:36 PM Author: 180 sanctuary pozpig CR. (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48911630) |
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Date: May 7th, 2025 5:49 PM Author: rusted chapel mexican A building sitting on year to year leased land is unsellable (except to you or your client apparently) and unleverageable. If the current owner wants to sell the building he ought to help you with the negotiation with the RR. You should only want to buy it contingent on satisfactory ground lease terms from the RR. Is it Short Line by any chance? What are the politics or special relationships in this situation? (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48911816) |
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Date: May 7th, 2025 6:41 PM Author: maize nighttime pisswyrm ape (Guy whose done some railroad work in his day) (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48911963) |
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Date: May 7th, 2025 9:56 PM Author: rusted chapel mexican Dinah, blow your horn. HLS friend is a specialist in railroad law. "From Harv. Law Rev. to I've Been Working on the Railroad via a SCOTUS clerkship: What a Long Strange Trip it's Been." (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48912372) |
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Date: May 7th, 2025 9:59 PM Author: Slippery Plaza Quadroon lol any dumbass knows not to buy a building on land someone else owns. makes no sense (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48912374) |
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Date: May 7th, 2025 10:01 PM Author: rusted chapel mexican Hope it's flame, but there are plenty of situations in which a building sits on leased land. (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48912377) |
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Date: May 7th, 2025 10:29 PM Author: Vengeful slap-happy lay hunting ground (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48912433) |
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Date: May 8th, 2025 10:49 PM Author: maize nighttime pisswyrm ape It’s a bundle of sticks (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48915854) |
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Date: May 8th, 2025 10:56 PM Author: maize nighttime pisswyrm ape Jesus, the Dawes Act (http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48915868) |