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buying undeveloped land... would you?

Stoner4Life

Medicinal Advocate
ICMag Donor
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StrainHunter, if you meant 'you lose it all' to mean the land only I agree, under NO circumstances would you lose your cash investment as the back taxes must be paid directly to you.


point clarified.......
 

Dislexus

the shit spoon
Veteran
LOL hell yeah :)

holy shit I thought Strainhunter posted that ^

See I mix you two up all the time thats why its funny to me when you quote eachother lol I can't follow the convo for shit

Everytime y'all post you click the big B why why why
 
I

In~Plain~Site

I'm not sold on buying completely unimproved raw land.Like the gentleman above, who's actually done it has said, buy something with a potable well already, maybe an old building or two.

Septic systems run 25K and up.You could always just have your kids/partner shit in the woods.

I think some people are under the impression that they're just going to do whatever they want with/on their property.

That's just not the case,sadly.
 

one Q

Quality
Veteran
Dislexus- quit being useless.

To everyone else- Damn! theres some GOOD info in here... I will have to re-read this thread again.

If anyone else has anything to add...

After some googling, I was thinking of looking a Wester NC or Easters Ky? But I have brown skin and KY scares me a bit... I am currently in FL and may just go North FL.
 
K

KSP

Dislexus- quit being useless.

To everyone else- Damn! theres some GOOD info in here... I will have to re-read this thread again.

If anyone else has anything to add...

After some googling, I was thinking of looking a Wester NC or Easters Ky? But I have brown skin and KY scares me a bit... I am currently in FL and may just go North FL.

WNC, trust me, and not because of your skin color.
 

GP73LPC

Strain Collector/Seed Junkie/Landrace Accumulator/
Veteran
let me add to this topic by talking about a friend who has a weekend get away.

he has a well which was already there. he added a propane tank. he built a cabin, he built a tool shed, he built a chicken coop, he built a storage shed for dirt bikes, generators, etc.., he built a covered area for his tractor, trailers, bad boy buggy, etc...

all of this is powered primarily by solar and wind. he does run his generators for two A/C window units, but that's it. he obviously can run 120 V appliances, etc..., but his cabin, tool shed, chicken coop and covered area are all powered by solar panels & 12V batteries. The main cabin has an inverter.

he also has indoor plumbing and a septic system.

It's pretty slick.

The cabin has 12V LED lighting, 12V 22" color tv, he has a laptop and wireless access and uses this (using the inverter), he has a propane fridge on the porch, he has a small fridge and freezer inside (i assume it's 12V DC).

His tool shed has 12V LED/Flouro lighting and a 12V sound system that fills the air with music.

His chicken coop has a 12V lighting, 12V fan, 12V feeder and a rain collection system.

His covered area has the charging system for the bad boy buggy...


it's a nice self sufficient set-up. ;)
 

whodare

Active member
Veteran
I'm not sold on buying completely unimproved raw land.Like the gentleman above, who's actually done it has said, buy something with a potable well already, maybe an old building or two.

Septic systems run 25K and up.You could always just have your kids/partner shit in the woods.

I think some people are under the impression that they're just going to do whatever they want with/on their property.

That's just not the case,sadly.


thats cause its not really "our'' property... you always have to pay property taxes...
 

ronbo51

Member
Veteran
Couple more things to ponder. Most people who own land are not under the gun to sell. Land can sit for years and not suffer. Taxes on raw land in rural areas are not too much. Houses and outbuildings need constant attention. Insurance is difficult if the property is abandoned and has structures on it. Anyone who owns a house or land with buildings on it is going to be way more in need of selling than just a landowner, especially if there is a mortgage or lien on it.
An old house will have some infrastructure improvements: well, septic, power, road, gardens, fencing, fruit trees. An old house can be improved or just used until a better more modern structure can be built.
Don't know about other areas but I can assure you that the northeast is littered with abandoned properties of all descriptions and styles in every price point. When I went to Maine last fall, and New Hampshire last summer it was very bleak and brokedown everywhere I went. This is exactly how it was when I moved to Maine in 1981. And it is the best time to buy right now for the same reason. You don't want to be a buyer at the height of the boom. You want to buy at the bottom, and baby, it's about bottom right now.
I went online and looked up the town my property is in. The town has 800 population and there were over 60 places for sale just in that one town. And it was the same in every neighboring town. I use "town" loosely. These are mostly names of places and intensely rural. A person could easily buy a place at every pricepoint and beat the owners down mercilessly on the final offer. There are virtually no qualified buyers right now. Maine has lost 15% of its population in the last 10 years. It is the same all across the northeast, maybe in more parts of the country. Jobs might be tough, but how much money do you need to do the rural thing? Nothing a decent sized medical grow can't provide.
In the end you cannot possibly build a decent house for less than $100/sq.' realistically more like 150 or 200$/sq ' , but you can buy for waaaay less than that right now.
 

Strainhunter

Tropical Outcast
Veteran
I had an interesting conversation this morning regarding buying land.

It reminded me of this (and some other) threads.

It fascinates me how some people claim to know everything in theory about the process of buying land. . . . .

. . . . . but never actually have done it.


Fellas it's just with our plant - you can read as many books as you like but once you actually grow our marvelous plant it's still going to be different in many variations!
 
:good:

But keep in mind it will take 7 years until that land actually becomes yours.

Until then if the rightful owner pays those "back taxes" w/interest you'll lose it all.

Relax fellas, im pretty sure you are both talking about completely different things..

Strainhunter is referring to tax lien certificates, of which what he is saying is true.

Stoner4life is talking about property actually owned by cities etc that you really do take ownership usually by paying something nominal like $1 + property back taxes. There are thousands of homes like this in Detroit!

Two different things here guys, just confusion on semantics :tiphat:
 

Strainhunter

Tropical Outcast
Veteran
Dang dude! :good:

Builtaforest actually paid attention to the details, shows again how many on here actually are familiar with the process and how many are not.




...... you are both talking about completely different things..

Strainhunter is referring to tax lien certificates, of which what he is saying is true.

Stoner4life is talking about property actually owned by cities etc that you really do take ownership usually by paying something nominal like $1 + property back taxes.

.......
 

Stoner4Life

Medicinal Advocate
ICMag Donor
Veteran



I'm a land owner (bought my homestead, a commercial building & then the 2 adjacent lots to that giving me 3 consecutive driveways on the highway) and had a real estate license for 8 yrs in MN although I've never purchased any tax forfeited land. most properties have only one or two (at most) driveways on the state highways up here, my third drive allows me extra room to handle RVs & boat towing traffic with ease.

I even managed to swap deeded access across my land to a state trail in exchange for 1/3 of an acre expanding my commercial sq footage. As a legal access point to the Paul Bunyan State Trail system I'm assured a certain amount of commercial traffic through my place.

 

Stoner4Life

Medicinal Advocate
ICMag Donor
Veteran
Relax fellas, im pretty sure you are both talking about completely different things..

Strainhunter is referring to tax lien certificates, of which what he is saying is true.

Stoner4life is talking about property actually owned by cities etc that you really do take ownership usually by paying something nominal like $1 + property back taxes. There are thousands of homes like this in Detroit!

Two different things here guys, just confusion on semantics :tiphat:

no, I just had issue with SH's statement of "you lose it all", he hadn't yet clarified it to mean you lose your time, efforts and land. As it was written it sounded like "you lose it all" meant your cash investment as well. aside from that I've never heard of any states making you wait 7 yrs to take deeded title.
 
H

h^2 O




I even managed to swap deeded access across my land to a state trail in exchange for 1/3 of an acre expanding my commercial sq footage. As a legal access point to the Paul Bunyan State Trail system I'm assured a certain amount of commercial traffic through my place.


do you like charge them for going onto the trail? Can you set up a toll booth or like a donation box? Would be cool to make a visitor exhibit/plaque thing with disinformation...like have it say the jesus bones were found near the Stegasauras fossil. Or something.
 

ronbo51

Member
Veteran
Hey GP, that sounds like a pretty cool setup your buddy has. Solar and led's are a new thing and a great combo. Plus all the great shit that's 12 volt that used to be way less available. In my day they used golf cart batteries for solar arrays and it was all cumbersome and very expensive. Now all that stuff is just off the rack. Plus like you said about your buddy, if you can build stuff yourself that just sets you free to do what you want. My first winter I selectively cut some trees and sent them off to the sawmill and had 5 thousand board feet of hardwood to make flooring, cabinets, builtins. One thing about these growers is that they either possess or acquire carpentry skills and no one should set off into life without being able to build shit, and understand systems, and develop a logical mind that allows you to problem solve.
And generators suck.
 
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