Favorite team:
Location:
Biography:
Interests:
Occupation:
Number of Posts:1025
Registered on:10/5/2006
Online Status:Not Online

Recent Posts

Message
re: Pipeline Easement - CharleyLake
Agree. The Texas Farm Bureau is pushing for property rights and landowners are frustrated with the absence of eminent domain reforms. We are not even certain if Rip's pipeline company qualifies for condemnation procedures, do we? ...
Posted on Money Talk
Jump to Post - View Topic - Replies (0)
re: Pipeline Easement - CharleyLake
Discontinue discussions until you are presented evidence of FERC approval for the project. ...
Posted on Money Talk
Jump to Post - View Topic - Replies (0)
re: Pipeline Easement - CharleyLake
Good example. You want single line. You define the ROW as "the width of the pipe plus its coating."...
Posted on Money Talk
Jump to Post - View Topic - Replies (0)
re: Pipeline corridor valuation - CharleyLake
I will contact a few buyers for their feedback and anticipated level participation based on the model that you provided. I am thinking a 130K to 140K category offer for 1/6th interest in the corridor. I will surely let you know what was decided before a formal offer. ...
Posted on Money Talk
Jump to Post - View Topic - Replies (0)
re: Pipeline Easement - CharleyLake
That price per rod seems woefully inadequate but I am in Calcasieu Parish. The price per rod is only a small part of a Right-of-Way and Servitude agreement. The "fine print" was written by an attorney for the benefit of the pipeline company, not you, however it is quite negotiable. Would such eas...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Pipeline corridor valuation - CharleyLake
Three pipelines will be up for renewal. Those companies should likely not object to current rental values so I made assumptions on future income with them. So much seems to be subjective but I did change the tax rate for the reason that you mentioned. Very grateful for sharing your knowledge and ...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Pipeline corridor valuation - CharleyLake
I changed the escalator to 1.2, the tax rate to 12% for the sellers assumed bracket, and the discount rate to 6% Was the 9% based on the S & P return or another benchmark? It makes an appreciable difference....
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Pipeline corridor valuation - CharleyLake
Very helpful. My tax preparer is quite busy at this time. I calculated 83.2 K for ten years. Three siblings shared 1/6th interest (13.863 K average yearly income). Your values would have a range of about $109>137K, which is a good place to start. The sellers(3) and buyers(between 12 and 21) are all ...
Posted on Money Talk
Jump to Post - View Topic - Replies (0)
re: Pipeline corridor valuation - CharleyLake
I am in receipt. I do have some research to do and will plug in the data to the model. ...
Posted on Money Talk
Jump to Post - View Topic - Replies (0)
re: Where were you 25 years ago this afternoon? - CharleyLake
Port Arthur, Texas. Daughter was on a 14 U fast pitch softball tournament team and one of the parents had a TV in his Ford Econoline van. Also recall winning my first and only "split the pot" that afternoon. Wonderful memory. ...
Posted on Tiger Rant
Jump to Post - View Topic - Replies (0)
re: Pipeline corridor valuation - CharleyLake
Greatly appreciated!...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Pipeline corridor valuation - CharleyLake
Per mutual understanding, if sold, it will be to present co-owners. I have no understanding of the marketing terms but if you want to make an estimate on what was provided, please do. I thought it would be much simpler. I can ask my tax preparer to work something up for us and will let you know when...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Pipeline corridor valuation - CharleyLake
Excuse my ignorance. Is there a way to do this without putting it on this forum? ...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Pipeline corridor valuation - CharleyLake
There are fourteen (14) ROW agreements. Three of them will likely be renegotiated for renewals in 2023 and 2024. The older ones are for natural gas and hydrocarbons; most recent are for industrial gasses....
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Pipeline corridor valuation - CharleyLake
Thank you the information. I think that I could use a little more guidance. The average lease term is for ten years with options to renew one or two times by the anniversary date. The pipeline companies pay for their maintenance I know of only one abandoned pl in 4 years. Assume no landowner expe...
Posted on Money Talk
Jump to Post - View Topic - Replies (2)
Pipeline corridor valuation - CharleyLake
Some of my cousins wish to sell their undivided interest in a pipeline corridor (to family first) that has several pipelines which have renewable rental payments every ten years adjusted by the CPI. The corridor is small and has no other value. There is no upkeep and parish taxes are minimal. ...
Posted on Money Talk
Jump to Post - View Topic - Replies (2)
re: SW LA getting rocked by severe storms this morning. - CharleyLake
Yes, it would be difficult to disagree with his speech. I doubt if he will find a worthy opponent any more than Tony Mancuso will in any election for their respective offices....
Posted on O-T Lounge
Jump to Post - View Topic - Replies (0)
re: 2021 Flight of the hummingbirds - CharleyLake
We saw one at Sabine NWR last week. It was all dark except a dull white collar, typically larger than others, and very stationary. Unable to identify or even guess the species. ...
Posted on Outdoor Board
Jump to Post - View Topic - Replies (1)
re: “Landlocked” Land - CharleyLake
Obtain the right of passage prior to purchase. A few years ago my family sold a parcel of property near Vinton, LA for grazing. The adjacent landowners were contentious former in-laws to the buyer which threatened the proposed sale. It did not tale very long for the buyer's attorney to define the si...
Posted on Outdoor Board
Jump to Post - View Topic - Replies (0)
re: Barbe-Sam Houston on CST now - CharleyLake
I suppose you might know something about the history of Moss Lake, Lockport, and Goosport. Sports-minded Lake Chuck folks might recall the Goosport Phenomenon, for example. ...
Posted on Tiger Rant
Jump to Post - View Topic - Replies (0)