My grandpa, on my dad's side, owns a farm up in Northwestern Alberta. He is a hard-working man who was still farming and calving into his early 80's. I try to get up there once or twice a year for a visit.
I certainly didn't expect to get real estate tips from him. However, by observing what he was doing as he got older, I was able to do just that. The key thing that he taught me was how to create secondary income within the property that you own.
So how did he do it?
Well, as he got into his 60's and 70's, he was getting a little too tired to be able to farm full time. So rather than sell his farm he decided to lease the land out to his neighbors and others in the community, under a condition. He mandated in the lease, he was allowed to work for as…
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