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Gary
Social climber
Desolation Basin, Calif.
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Tell us all about your condo after you sell it and move,
No guarantees in life, for sure. But it's cheaper than rent, I bought at the bottom of the last market and so far have some equity. I also made sure it was not leased land. I could have purchased a condo on leased land for about 70% of what I paid. One of those was on Pacific Coast Highway which would have made for a great address!
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Fat Dad
Trad climber
Los Angeles, CA
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The author intended to mislead and distort by showing how people could better themselves? And this was written long before the new tax bill was even a twinkle in Paul Ryan’s eye. Do you regularly review economics papers for The Daily Worker? No, I never said that he intended to mislead. I was very clearly saying that he was ignoring ALOT of relevant facts to establish his premise. Economists do it all the time when they assume, for example, that the market will correct itself and regulate to achieve the highest and best result. That little assumption ignores every piece of evidence we have about greed, collusion, etc., etc. After the bank crash, Greenspan dumbfounded me when he acknowledged that he was surprised by the level of greed to prompted it. Really!? Smart guys know better.
The article was written in Sept. 2017, just before they publicly acknowledged work on a tax bill. Moreover, the argument about limiting property tax deductions is not one that was just promulgated. It's clear that argument has circulated for a while but never caught traction until the current crop of plutocrats in Congress.
I don't regularly review economic papers, but you know that's irrelevant.
Let's put it this way: where does the guy who wrote the article live? I bet you it's in a house.
For those of you who argue that real estate doesn't build wealth, I can tell you that for about 95% of the estate I probate the great majority of the value (between 80-100%) comes from the equity in the decedent's residence. Do you see that money if you don't sell and downsize? No, but your heirs will thank you later.
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Jon Beck
Trad climber
Oceanside
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Do you see that money if you don't sell and downsize?
reverse mortgage is a nice option to have too
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Reilly
Mountain climber
The Other Monrovia- CA
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Economists do it all the time when they assume, for example, that the market will correct itself and regulate to achieve the highest and best result.
Apprently you haven’t read Robert Shiller. They don’t hand out Nobel prizes to people who cherry pick their data. The vast majority of homes only appreciate at the inflation rate. A few markets do better, but not most.
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Lynne Leichtfuss
Sport climber
moving thru
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What fun to start on a home or land project. Whenever you ask questions of people you never lose. Ask, ask, ask. It is like putting together puzzle pieces, the more info you have the better decisions you can make down the line. And you, Happiee, have a lot of friends and resources in the area.
I agree with those that suggest a developed piece rather than bare land. Search the area and learn as much as you can. For example: Do you like sunsets, sunrises or both, then look at how the dwelling faces. How does the H2o flow in a torrential downpour. Park there morning, noon and night to see what the neighbors are like....especially weekends. Of course you know to check roofs, flush and use all toilets sinks and outdoor faucets. Buying the fixer upper in a nice 'hood has worked for us in the past.
Good Luck and have fun!
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Happiegrrrl2
Trad climber
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I can not afford a house, there is no doubt about that. And...I DON'T WANT A HOUSE!!!!
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rottingjohnny
Sport climber
Sands Motel , Las Vegas
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how bout some green eggs and ham?
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Gary
Social climber
Desolation Basin, Calif.
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Why not just park on BLM land? Why buy a lot?
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seano
Mountain climber
none
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I do not want it, Sam I am!
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John M
climber
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Ease up there Terri.. remember.. this is the taco. Did you really expect these yahoos to read and comprehend what you said? hahaha..
Good luck finding what you need. I just bought an older mobile home in AZ. I found some in the 25K range on their own property, but they needed fixing up. I spent a bit more to get one that had most of the work done. I understand wanting a place to land. I lived out of my vehicle for most of 4 years. Like Dingus pointed out.. it was especially hard because I have health problems. But now I have a roof over my head thats mine and no one can boot me out because I own the land too. I do understand that you don't really want an actual home, but rather a place to park your vehicle and land. I hope that you find a solution.
You pointed out some the difficulties of living out of a vehicle, so I thought that I would point you at a website of a guy who lives out of his van. He answers many of your questions. Such as how to get mail as you travel. ( using a mail forwarder )
http://www.cheaprvliving.com/gatherings/
https://www.youtube.com/watch?v=jntFI_5FiA8&list=PLDWe0DeV3D3xbO5cvObGa5EXtLPCPlYLp
He kind of drones on, but I like him because he gets it that its pretty difficult out there right now.
His videos on youtube have more answers.
Good luck with your search.
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BigB
Trad climber
Red Rock
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I feel your pain^^^ :/
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justthemaid
climber
Jim Henson's Basement
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Ok I totally get it. You want a place to park that is yours. House is too expensive and too much maitenance .
My $.02 ( having family and friends direct experience to draw on) is that a bare land purchase in the high desert is a terrible investment. Everyone I know that has done it... regretted it. You'll have to pay cash and the banks won't lend you a dime for anything ever.
As you get older your views on van life may change. At the very least I'd be searching for something with some sort of access to utilities and water- even if there is no structure. It gives you the option to park a larger rig or install a mobile home in the future.
If you just want a place to park- why not look into renting or leasing a space? I have one friend who found a pretty cheap space on someone's land in Yucca Valley and they are allowed to hook up to water and power. Like someone also mentioned.... with some research and some moving around periodically-, you could likely poach BLM indefinitely if all you need is a parking spot.
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Reilly
Mountain climber
The Other Monrovia- CA
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SomebodyAnybody, nicely put, sir/madam. There’s a reason it’s called a ‘job’. My job today is to get us from Lompoc to Pismo Beach. I know, somebody has to do it. 😬
Nice article in the LA Times the other day about how ‘middle-class’ Indians, who work their azzes off, know they’ve made it when they can afford a $200 air conditioner.
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10b4me
Mountain climber
Retired
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Why not just park on BLM land? Why buy a lot?
ok, I don't know if this has been asked. Why not buy a used trailer, and park it on BLM land, or find someone willing to let you park it on their property,
if you talk to the right people(hint).
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Ricky D
Trad climber
Sierra Westside
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Reilly, what's wrong with Lompoc?
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Happiegrrrl2
Trad climber
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Why not just park on BLM land? Why buy a lot?
Because, and Because.
Because, because, because, because, beCAUZZZZZ!(Sung to the tune of "We're Off to See the Wizard")
Let's just say, "because." But the longer answer would be that I don't want a house, but I do want some of the things that go along with a house.
John M - Thanks for the links.
SomebodyAnybody - Well, every year my income on those hobbies you referred to has grown. And, as I said(how many times?) - my needs are not the average. I have zero housing costs in NY.
And, I HAVE one of those "get up in the dark"(except I have no electricity to light, and rely on a headlamp, and it's usually getting cold by that time of year so cooking up that cheap joe is not as mind-numbing as it is for that person who hates their job). I actually LIKE my job in NY, and the cold start is bracing. Yes, positively bracing, I tell you! I swear!
Soooo..... on the trajectory I am on, my "hobbies" may, not so far into the distant future, very well bring in an income that supersedes the amount some of those poor sods earn in their drone jobs. But that won't happen if I go get one of "those" drone jobs that sap away one's time and energy. Then, I'll be just like all those other non-special people who worked their asses off and at the end of the ride realize they have been had. I will NOT be had(if I can help it)! I may become a poor old lady living alone and withering away in some dark hovel - but as we all know - working one's butt to the bone and scrimping and saving is NO guarantee against that exact final stretch of the race. No, indeed it is not!
It is TOO late for me to have a "comfortable retirement." I was never taught about the game, until I had already left the laying field. Ooops, typo there! I meant "playing field," although for some, that playing field is the laying field. Men and women alike - and don't anyone DARE go there about women goldseekers, if they EVER posted or supported a post about living off some chick in Yosemite so they could climb when they were young pups of men.
Even if I did give up everything I have now and somehow land a job they were willing to pay me at a level anywhere near what I made in the apex of my "career," there would be no easing toward the finish line. What would happen is that I would scrimp and save and then when it came time to need assisted living.....whoooosh! Down the toilet every penny of it would get flushed. Within months.
And while I can't say that there will never be another "beg-fest" as you refer to it, I will say this: If ANYONE purchased one of my chalkbags out of sympathy, and does not feel they have gotten full value for what they paid - PLEASE contact me and I will make it right. Full refund, and keep the chalkbag.
And ya know what? Just to peeeeeeeeeeve you, I may very well create a GoFundMe when I am ready to take the step on signing on the line for a parcel. Oh yes....I can see it now! In full colr, I see it forming in my mind's eye!
Except GoFund Me takes a cut, and I have no intention of that happening, so just like every other thing I do that rankles some here down to their ankles(Dr. Suess would like that one, maybe) it will be a pirate GoFundMe. OH BABEE! I can just see the faces turning red in rAAAAAAAge!
Ahhhhh...winding down, now....
MAN, that first cup of coffee in the morning packs a punch! Howz that for a rant?!
Renting/Leasing/BLM - Yes, I have looked into those things, and I may very well end up reconsidering, although the BLM is out. Reason being that it just doesn't offer enough return on the time spent driving to/from. I'd rather cook coffee on the cooler top-c#m-tabletop and eat cold cereal, and be closer to morning online(for those hobbies, and also time sink of social media addiction, one of my vices), than to have the quieter(maybe?) night hours and home cooking, but have to pack everything out/back before winding down/starting a day. For "all I need is a parking lot," I have that covered with Casa de Walmart.
Is $5-20K (the range I have been seeing online, well, looking at, if you know what I mean, because obviously there are places that cost more) really what people would consider "bad investment?" Even with taxes(anywhere between $180-$500/yr).
Honest question! I know that may seem a face plant to the desk, frustrating, question, but...is it? I have more than the low number currently in my "hobby" supplies and inventory. It's the cost of a vehicle for "someone like me." (heading off the soldiers at the pass: ignoring, for the moment, that my van could go down at any moment)
For me, the amount is A LOT, but it's not "investment a lot." It's kind of like pissing into the wind and being happy my pants bottom didn't get wet money(girls squat, remember). Over long term, I mean. If I got my pants legs wet EVERY SINGLE TIME I went pee for the next twenty years, that would be like wet pants bottom=investing money.
I am sorry to those who are trying to talk sense into me and getting angry at my responses. Honest. The rant upthread was as much me having fun with creative writing as it was serious.
But I have been "set upon this path" and I need to walk it. That does not mean I will buy a parcel in JT(though I really do feel the urge).
http://www.youtube.com/watch?v=6QZD_niSlK8
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Lollie
Social climber
I'm Lolli.
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I was just going to suggest the same as Jim Clipper - build a carport with an attached shed to it. No big costs, not much maintenance, but you can leave stuff you don't want to haul across the country there - like a simple set of table & chairs. It gives you shade, leaves a sense of ownership of the land, can be very practical. Or just a shed with poles close to attach a big canvasroof to, which you take down when you leave.
About the location - if you want to be on a certain spot, it's all that matters. Then it does have value - for you. There may be drawbacks, but if they don't matter to you, it's not a hindrance. There will also be someone else with the same taste as you have, so if you want to get rid of it some day in the future it will always be possible. It'll just take a little longer, but so what? Of course you should try to negotiate the price, but in my world that's what one does when buying land or houses.
There also are portable solar power packs, so you can charge your phones etc, and leave in the shed. Here's a very portable one:
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jstan
climber
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being happy my pants bottom didn't get wet money(girls squat, remember).
Look up "Female urination device" on Google. You can actually urinate at night without leaving the tent. Carry it in a second chalk bag. When I told ms about these, at midnight she now pounds her chest while roaring
"Thank you God Almighty! Free! I am free at last!"
I have decided however not to tell her about the fast draw holster she could get for her taser.
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John M
climber
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Terri.. in terms of "investment". It just depends on what you hope to get out of it. If you hope to be able to park your van on it indefinitely, and you manage to do that without getting busted. And if it meets your other needs, then fine, spending 10k on a desert lot might be for you. But I would be concerned about buying a piece of property and then having someone complain. It might not be a neighbor. Might just be someone who doesn't like you for whatever crazy reason the desert seems to cook up. Then owing a piece of property that you have no hope of selling or using becomes a wasted investment of money. Thats what concerns most of us.
I like the idea of a long term lease. Find someone who bought a lot and can't sell. Then lease it from them with terms that allow you to break the lease if someone complains and you can't use it anymore. If find someone who wants someone living on their property. Maybe they have a large property and just want someone on it. They might even pay to get hookups installed. There are websites for caretaker jobs. those include every level of property care taking. from full time job, to just living on the property.
If you do go that route, then please hit us up for the language that needs to be in your lease.
I also like the idea of putting a garage on a lot with solar. Though I don't know about security issues when you are gone. Someone could easily come along and strip everything, and the desert seems to breed those kinds of people.
Believe me.. I know what its like to want a permanent place to call your own. With health problems, I did not enjoy living out of my vehicle. We just want to make certain that what you get is actually useable. I'm certain that is your desire too, but many of us also know about wishful thinking and we just want to make certain that you aren't doing that with regards to buying a piece of property.
Terri, here is that same guy explaining how to get internet on the road. Lots of ideas in it.
https://www.youtube.com/watch?v=kBoPjR3qSi0
Edit: Lollie.. its the desert, and there are all kinds of security issues when one isn't in full time residence.
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