clp
Member
my nearest neighbor was over a mile away...lol
Perfect situation..
Well, I know I've learned a thing or two.
Who hasn't!?!
This thread has been a HUGE wealth of information.
THANK YOU TO EVERYONE!
Let's assume you find a absentee landlord you never see and a perfect rental house. You do all the right things and no one knows a thing.
Now you have to keep an eye on your landlord i.e, making sure he pays his mortgage, taxes on the house, and homeowner association fees, insurances, his last utility bills lawn care, and any and all other financial obligations on the house.
Especially if he defaults on his mortgage, in 90 days or so you could have the local law show up with am immediate evicxtion notice. Like, NOW.
This is by far your WORST case scenario. The local law showing up without notice and with a evict now decree.
Solution? Watch the foreclosures in public notices, get a foreclosure notice website and pay them to hunt preforeclosures (Lis Pendens Notice), tax liens, workmen's liens, etc and notify you by email.
Remember, 1 in 5 homes is or will be foreclosed. Of those, 1 in 5 will be people who can easily pay their household expenses but refuse to do so. A wealthy landlord iis no guarantee of continued ownership.
Hmm that sounds like good backup for sure! I'd definetrly be worried about a shitty landlord. That why a PMC could be better possibly.
Where did those stats come from btw?
Thanks for stoppin through!
Listen to this!!!
A friend of mine recently bought a trailer for 3000 dollars, in canada. I went looking and in the many trailer parks around here there were dozens of trailers for $8000 or less.
Think about that. A house is going to cost you at least $800 a month, so that is only 10 months rent, and a trailer of $3200 is only 4 months rent.
Granted, if you live in a park you have to pay lot fees, like $200 a month, but the good thing about it all is that when you are done you can either sell it or rent it out to pay you lot rent and make a few bucks. Worst case sell it for scrap or tear it down. In a year you will easily make the money you invested.
Edit - I forgot to mention that those big rental companies usually have inspections at least once a year if not twice, to check out fire alarms, sprinklers, etc. The trailer is the way to go, and the best thing is to look for one on it's own land so you don't have to pay lot rent.
I already thought of this actually
Heres my thread on it..
https://www.icmag.com/ic/showthread.php?t=178967
It didn't get much love though, and I kind of decided against living in a trailer park. This is due to crime, and lots of late night police calls into trailer parks.. I'd be scared shitless haha
I think it MAY work alot better if I had this trailer on my own private property though.
How big was the one your buddy bought?
How many lights?
How many amp panels did he get?
Are the right of owning a trailer/mobile home the same as the rights for a house?
If so this could be a VERY good option.
That's what I'm lookin for.. RIGHTS.
The rental companies will give you notice if they are coming. If you can't afford to chop a round early you need to rethink your plan. And how much can you feasibly do in a trailer. My grow room is bigger than a trailer(I don't use it all). I don't know how you could grow any substantial amount in a trailer?
Check out his post These things are pretty damn big.. If you could gut one but make it look good from the outside it could be one HUGE growroom! I'd rather have a living room though as cover at the entrance. Then back rooms for the grow.
The companies only need to give 24 hours notice around here, and in fact the law enforcement have been cheating by bringing in the fire inspectors and doing inspections on the spot, with no warning. Now I have read an article that said some judge ruled this was wrong and they couldnt do it it, but it did not stop the BC police from doing it for the past 5 years or so.
Anyways when I say trailer I don't mean something like this:
I mean something that is 15+ feet wide and 40+ feet long, I guess mobile home is the more accurate term:
If you can't get any kind of quantity from that, well i think you're doing it wrong, or you grow soooo big, well wanna be my friend? . You could easily light that up with 10K in lights.
Peace!
Yea, you could EASILY grow alot with that square footage.. What does the electricity look like though? Think you could really do 10k in lights + extra equipment?
I'd like to run 6-8k most likely.
I like the trailer idea
Me too If it's on my own property.. or possibly in an ederly or very nice trailer park? They do exist right?
Any scenario is risky and it gets deeper if your not around, You must factor in the risk and the rewards & think which is greater your Freedom or line your pockets with cash.
It's true.. There is definitely alot of risk here. I think I can minimize it alot though, I feel that growing is as safe as buying large amounts of weed to sell or even smoke.. As long as you are very cautious.