Baeumont Estate Overhaul!
Ok so its been discussed many times that Valdermar’s estate is a mess.
Looking at the figures it’s easy to see what is causing his issue. He simply does not have any/many profitable families. All his familys are simply struggling which has a knock on effect on Valdermar.
Now three things have occured at the back end of 1041 which could turn things around for him, the first is that Baron Dacre (Vincent) has given Valdermar some money, regardless of wether or not people would have prefered him to save Holly this money will help.
Secondly Gabriel has bought the indenturement of Helena and her Daughters.
Finally Daniel has made Gabriel the Earl of Valdermar’s estate and while we could say alot of things about Gabriel he has a head for money and will make sure Valdermar invests wisely.
I term’s of exact figures Baron Dacre has given Valdermar $50,000 and Gabriel has given him $200,000. Really if this doens’t dig Valdermar out of his hole nothing will.
Now dispite all this troubles Valdermar isn’t actually in debt at presant thanks to a chance card last round. What he is struggling with is making his estate turn a profit.
Im sure the first thing Gabriel will tell him to do is to lower his Tax’s this is bound to get quite a reaction from Valdermar but Gabriel is smart enough to know that peasants in the poor house isn’t the way to make an estate profitable.
lowering the taxes to $100 per adult and $10 per child eases the burden on these families somewhat. We still have 2 family’s in the red but its better than four.
The next step is to actually turn a profit, selling Helena really helped Valdermar and with the money he can buy a farm for that Land Daniel gave him.
The trick here is that Valdermar doens’t actually have any “farmers” none of his merchants/peasants come from a farming back ground.
This is the point where Gabriel is going to throw him a bone by selling Valdermar one of Aaron’s son’s Phelan. This uses up $100,000 of his funds but gives Valdermar an experienced farmer who will in turn be able to hire one of Helena’s son’s and teach him the trade.
Finally Valdermar spends $22,689 on building and buying the farm for Phelen and suddenly Valdermar is looking in a much better position financially, it will take alittle while to turn a profit but as we’ve found in the past a farm is a good investment. The new farm isnt as grand as other farms I have, but its certainly servicable for Valdermar’s needs in the short term.
Financially this whole re-vamp hasn’t fixed Valdermar’s short term, short fall. However he now has in place the means to grow as an estate and enough money in his pocket to last him untill his estate is providing for it’s self.
My prediction is that Valdermar may still see a lose on his estate for a round or two but as soon as the farm and whore start turning a profit things are going to start looking up.
