The at home IMer and great ranch land

2 replies
Okay so I'm making more money and I've always had my eye on some good farm/ranch land.

Working from home is better than ever nowadays and getting away from the misery of the cities is something not out of reach.

Having your own spread, be it 10 acres on up to 400 acres is not so far a pipe dream nowadays. A few years ago you would have had to pay an arm and a leg but with the real estate crash there are some awesome deals to be had.

I've been working from home for over 25 years now. I work in comics so I draw comics either at home or at an office but mostly from home. As long as I have FedEx and a great phone line I'm good to go. Now that I'm doing more IM the income keeps rising.

So I went looking for homes with acreage and found deals as good as homes on good acreage on up to 400 acres for less than $100k. In many instances we're talking a house on 50 acres for $50k and less on down to $16k.

With that kind of savings with a 30 year mortgage you can spend more on snacks than your mortgage. Many of these rural places now have high speed internet access so that's no problem. Sure you have to do your due diligence when buying any real estate but there are so many people who've had to move out of the rural areas they're leaving vast tracks of land up to pennies on the dollar.

For me it's a great deal because I can build a recording or art studio in a week or so. Just sit back and paint, write, draw, record ( voice over work ) and more. I've even got friends in the business who are always looking for a place to get away to.

What also surprised me was how low the taxes are on these homes. Some just $600 a year and that's with 50 acres! Back home I would be paying $12k or more annually for a house on 1/4 an acre!

So things for us at home workers is looking up. Heck if you're single and you only make $25k a year and need to get away and build your IM biz you should look into this. If you're a senior, retired, and make some money via IM you can make out like a bandit.
#great #home #imer #land #ranch
  • Profile picture of the author wazzer
    Oh man, that sounds awful good to me.

    I moved back to Chicago when the economy tanked after living in Michigan 18 years with a beautiful home on 7 acres with lake frontage. Guess which one I like better?
    {{ DiscussionBoard.errors[3102980].message }}
  • Profile picture of the author EvolBaby
    Wazzer,

    Michigan, especially Detroit is dying on the vine. So many homes and neighborhoods abandoned and going into disrepair it isn't funny.

    Nowadays I would say to the younger IMers or the seniors to team up and get a big property out of the way and chill out as you build up your savings.

    You can get 10-400 acre properties under your corporation. Form one, buy a property, rent it to yourselves for business and home.

    You end up spending like $150 a month for rent and you can chill out whenever you want.

    If you have remodeling skills you can chip in and do lots of repair and enhancing the property for pennies. You'll boost the worth of the property though.

    America is rapidly turning into a third world country for those who don't want to explore and learn and apply.

    If I knew then what I know now I'd be real estate mogul bar none.

    Seriously, get your money straight, don't pay for big idiotic mortgages and rents and get your own gig, build your own computer rig, and in a short time you'll have saved so much money short term and long term that you'll have that abundance of ready cash and sound equity in assets.

    The dream machine would be to have a kick butt auto-pilot income leaving you with as much excess capital that you can invest in a property to such a degreee you'd never have to worry about a home again.
    Signature
    Copywriting/Article Writing at $2 per 100 words! Cartoons, Comics, T-Shirt Designs!
    {{ DiscussionBoard.errors[3103014].message }}

Trending Topics