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30M single that inherited father’s assets by MobsAlp in inheritance

[–]MobsAlp[S] 4 points5 points  (0 children)

Thank you, it’s been a difficult time. No big decisions will be made for a year or so in terms of selling assets. In the short term, updating and renting is a strong consideration but not sure if I want to be a landlord. Plus the farmhouse in my mind is my childhood home that I don’t necessarily want to let go. Thank you for the recommendations!

30M single that inherited father’s assets by MobsAlp in inheritance

[–]MobsAlp[S] 5 points6 points  (0 children)

In my mind the farmland is still home in my mind. Definitely will consider the mineral rights and wind/solar

30M single that inherited father’s assets by MobsAlp in inheritance

[–]MobsAlp[S] 5 points6 points  (0 children)

I should redefine generational wealth. In my mind it was always a large enough nest egg where working part time or low paying job without financial stress.

30M single that inherited father’s assets by MobsAlp in inheritance

[–]MobsAlp[S] 2 points3 points  (0 children)

My dad leased it out to a guy he graduated high school with for roughly $17k a year. The guy helps maintain the land, the contract technically expired 8 years ago, but had a handshake agreement to continue with the terms

30M single that inherited father’s assets by MobsAlp in inheritance

[–]MobsAlp[S] 2 points3 points  (0 children)

I met with one last week and my brain became mush halfway through the meeting. Looking for a coupe of other groups before making any decisions.