Debra (Caller)
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None of that is very lucrative.
Maybe $700 a month is what we're taking in off of that property.
So we had, it's kind of a hot property in Concord Bluffs, Iowa.
Things are kind of moving there.
There's a lot of businesses.
So we've been approached by somebody that said they would give us $800,000 for it.
it's probably market values probably between 250 and 300,000 if we were going to sell it.
What they want to do though is pay us 10,000 the first year, 10,000 the second year, and then 800 if it sells in year three or if they're ready in year three, four and five, they're planning to be done and have all their permits and ready to do what they want to do within the five years.
They're hoping to be done in three.
No, we have no debt.
I mean, even personal debt, we have nothing.
I mean, we wouldn't sell it to pay anything.
We don't need it.
Right, so that's the question.
And that was the other thing is even if you get it in this market, what do you do with it?
Because you don't really want to invest.
I don't run to it.
The other thing we thought of was going back to him and saying you can pay us this one year.