Originally Posted by
crouton976
I'll say if you can hold on to family property, do it...
My grandfather, who stepped in as a father figure to me when my parents divorced and my dad left the state, bought 80 acres of land when he retired. At age 11, when his dad died, he had to quit school and start working odd jobs on ranches in Texas. As he grew, so did the scope of the jobs he did, leading him to end up a cowboy on one of the last cattle drives down the Chisholm trail. During WWII, he was a Sergent in a medical battalion. After the war, he somehow ended up in the insurance and loan business. Years later, after moving to Georgia, and with only a 6th grade education, he went on to become the president of the Georgia Industrial Loan Association. After such a diverse life, the only thing he really wanted to do was go back to raising cattle, so he bought the aforementioned land and did just that. He died in his bed, after eating a steak dinner, as he looked out over the pastures he owned and loved.
My mom eventually got the house and part of the land, but ended up taking a home equity line of credit, which led her down a path to foreclosure. At the time, SWMBO and myself weren't in a position to buy it, or I would have in a heartbeat. To this day, I still watch and wait for it to come onto the market.
Thankfully, I still get to visit, since right before his death, my grandfather sold about 5 acres to my cousin who still lives there.
It's one of my favorite places in all the world.