As Russ and I search for our dream homestead property, we have to make some decisions about finances and how to pay for our dream. Neither of us are great in that department, and since we have my dad…. we don’t have to be financial geniuses. We just have to follow his advice. So yesterday, after the surgery, we talked about the hobby farm that has become his dream as much as it is ours. He wants to be sure that there will be a quiet spot in the corner of the property for him to pitch a tent when he comes to mow the lawn and do odd jobs. And he wants a tractor. I think we can accommodate those requests. He’s also pretty excited about expanding our honey enterprise, since he and I were the ones who partnered up to start Bishop Family Bees in the first place.
The big question for now is whether or not I need to sell the houses to buy the farm. For those who don’t know, I have a couple of old houses in Kitchener. It was my dad’s idea, of course. I remember that it was a Wednesday afternoon, when I was much younger than I am now. He said I should buy an investment property and live for free. So, on Thursday, I looked at a big old run-down triplex in downtown Kitchener. I bought it on Friday. We spent all summer fixing it up. We were pretty proud of ourselves. Two years later, I noticed that the house around the corner was for sale. I had always loved that house around the corner, so I told my realtor that I wanted to buy it. He suggested I actually look at it first. So we went and took a look. And then I bought it. And I lived there with my dogs and a series of wonderful tenants until I married Russell and moved to Paris. But I never wanted to let go of my houses. I love my houses. I love being a landlady. I love that other people are buying my houses for me. I love that I have those aces in my pocket for retirement. I love that I can count on the income from them, and still have them to leave one day to Henry. But right now, it seems like a reasonable thing to cash them out in order to buy our homestead. Or does it? This was the discussion yesterday.