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Mccune KS | Understanding “who” your dealing with is the key.
Yes, still need in writing etc.
Surely he wouldn’t let the money just sit.
I think it’s called the great equity robbery.
I wonder if anyone has done statistics on how long until the equity is all gone.
Each business has to cash flow.
Even with inherited equity sooner or later someone down the line will buy land.
Off topic
Yes probably not understandable.
In a perfect world
He would invest.
Borrow for a house down the line.
Let it draw payments on its own out of xyz.
Use interest/money earned.
Have life insurance policy.
In real world
Markets crash
Xyz needs more money
Health care needs supplemented.
Interesting topic beyond orignal question.
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Land contract do's and dont's?
