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Actually, last year I inadvertently become a real estate investor because I was tired of paying rent and hated debt, so I looked for cheap rundown shacks I coul
by CalRobert 6y ago
Actually, last year I inadvertently become a real estate investor because I was tired of paying rent and hated debt, so I looked for cheap rundown shacks I could live in (barely) and buy cash.
Ended up in an old cottage well under 100k on 3.5 acres an hour from the city. Which, in retrospect, was basically like hitting the jackpot for pandemic quality of life. Just dumb luck, though.
- giantg2 6y agoI dream of owning land one day. KY has some cheap stuff. I might be able to afford 50-100 acres there.
- CalRobert 6y agoYeah - I think we're going to see a large rebalancing of land values and salaries as remote work becomes more common. The areas that are too far to commute to the city, but close enough for a day trip or the odd visit, are looking really appealing right now. Although, this is in Europe. A house on 3 acres of land where you could get the train to SF for work in an hour would cost a LOT more than 100k I imagine.