buickanddeere
Super Member
It would be simpler and less trouble to share a wife.
This may look good on paper but when one of you flips a track y.
You could form an LLC that each of you own 50% of. Then rent the dozer to yourselves for an agreed upon rate. Repairs are paid by the LLC, and when you sell it, you split whatever is left in the kitty.
Or, you could just take your half of the $6500 and rent a good dozer. No repairs and no hassles with the rental.
I had a 1/2 share in a dozer. we paid $4k, earned $8k with it and sold it for $4k.(and did all our jobs as well)
Only costs were a couple of hoses fuel and oil. But then I'm fairly mechanical and adjusted clutches etc.
I did need to buy extra tooling as dozers tend to have big bolts.
We were lucky.
Advice:
(what we did)
Hired a reputed mechanic to check it out B4 putting $$ on the table. He found problems that I never would have discovered until too late.
The seller paid for repairs and we paid the asking price.
It would be simpler and less trouble to share a wife.
Each of you take a basket of money out of bank. Then switch baskets. Dump on ground and set on fire. Then kick each other in crotch. If you do this and are still friends and laughing co-owning the old dozer will work just fine.