Hi, we've been on a rural block for over fifteen years. I don't know where the time has gone, but the kids have grown up and the last one is planning her move to uni now. And we have only just discovered Lifestyleblock, as we start to think about our future. It was a great blessing to have good helpful neighbours while we were on a steep learning curve back then. But now we need help of a different sort.
We both love the life, but opportunities to try other things beckon. So it is time for us to be considering - do we lease the property out or do we sell? Do we consider renting out just the house and lease the land separately?
It is with mixed emotions that we contemplate the next few months.
On that cheery note - hi, everybody! Look forward to chatting to you
I think you also need to factor in your long term goals. If that includes moving back there to live in the future, then a long term lease may be the answer. Any big farms in the area where there are sharemilkers who would lease the land? If you do decide to sell, there is a time limit when being out of the market too long means that whatever capital you have in funds, will have been overtaken by the value of land, so you may not be able to afford what you already have now. Depending on your location if, you rent out the house independently, it may well help fund your other plans.
Did you know, that what you thought I said, was not what I meant :S