genryu1989
New member
For this just assume money, hiring, and labor are not apart of this decision yet.
Ok because this is between Family/((personal and business so I'll specify with (B/F). Also more like a story bc it basically snowballed
Scenario one or Beginning - We (F) are looking at a property we love, our thoughts were to build 2 small airbnb type cabins (there's a perfect spot on the property) to generate income and work on building our house for our family.
So TL my sister is buying a camper and moving onto our current property (this is good and yes everyone is on board). We agreed the land was plenty big enough that her & her best friend can build small houses and each have their own plot of land they really don't give a shit about ownweship they would prefer to stay "renters" lol
So we've been discussing and brainstorming. This is where we get to the ENTREPRENEURIAL part
... so everyone involved knows how I am when it comes to this lol
Than we added a few more "family" members so now I'm starting blend (F)(B) and I'm not sure thats good. However just basics - 60 acres, 5 single family homes spread throughout- I start thinking multi-family loan? Would that be smart? Economical?
Also
This part is (B). There is a good piece of land that my husbands old co worker owns and lets us hunt on, it has a tiny house fenced garden area, and dog houses. Now owner won't sell (bitter divorce/breakup I think), BUT I believe he would "Lease" it to us for a certain amount, he moved like 6 states away. Also it's only 15 minutes from where we live. To me this sounds like a dream.
Now I don't know if I should pursue both, one, none, or combo. I don't have anyone else to really brainstorm this type of stuff so I'm hoping y'all can help.
I really hope someone can make sense of my jumbled brainstorming
Ok because this is between Family/((personal and business so I'll specify with (B/F). Also more like a story bc it basically snowballed
Scenario one or Beginning - We (F) are looking at a property we love, our thoughts were to build 2 small airbnb type cabins (there's a perfect spot on the property) to generate income and work on building our house for our family.
So TL my sister is buying a camper and moving onto our current property (this is good and yes everyone is on board). We agreed the land was plenty big enough that her & her best friend can build small houses and each have their own plot of land they really don't give a shit about ownweship they would prefer to stay "renters" lol
So we've been discussing and brainstorming. This is where we get to the ENTREPRENEURIAL part
... so everyone involved knows how I am when it comes to this lol Than we added a few more "family" members
so now I'm starting blend (F)(B) and I'm not sure thats good. However just basics - 60 acres, 5 single family homes spread throughout- I start thinking multi-family loan? Would that be smart? Economical?Also
This part is (B). There is a good piece of land that my husbands old co worker owns and lets us hunt on, it has a tiny house fenced garden area, and dog houses. Now owner won't sell (bitter divorce/breakup I think), BUT I believe he would "Lease" it to us for a certain amount, he moved like 6 states away. Also it's only 15 minutes from where we live. To me this sounds like a dream.
Now I don't know if I should pursue both, one, none, or combo. I don't have anyone else to really brainstorm this type of stuff so I'm hoping y'all can help.
I really hope someone can make sense of my jumbled brainstorming