Inheritance
Okay, so I'm inheriting some land from my grandad, the whole property is worth around 40mm but my piece will be a few hundred acres worth around 1.5mm. The land isn't in the US, it's in a country in South Asia. I'm not planning to do much with it expect collect my share of the profits that'll come from the farm. Still, just for fun, what do you think I should do with the land a few years down the line, should I sell it? Build stuff on it? My uncle is involved in real estate over there and there are quite a few, very profitable deals in the area people are doing. Land values are also sky rocketing. I don't know, should be fun to see what happens. Kind of excited to get involved in deals in a few years though, super corrupt but also chances for huge profits. Plus not a lot of competition.
Comments (13)
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严重的方法r: Ground lease it.
Fun answer: Assuming it's in the Golden Triangle farm some opium.
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and that my friends is "wealth dilution."
I guess so, but I'll get even more soon, my uncle has no kids and my dad has only me and my sister. I don't want to sound greedy but I should get 50% over the coming years. Also I'm going to use to further build my own wealth so it's not like I'm squandering it.
Carbon credits, solar farms, timber farms, walnuts
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