jacque greenleaf wrote: Because there are plenty of older boomers who have never forgotten the dreams they had before they surrendered to cube farms in order to raise children. No, they can't do the physical work anymore, but they do have cash...
jacque greenleaf wrote: I recently heard of this happening to an older woman who was dependent on her SSDI, as she had injured her back (this in a community whose formal arrangement is that each member kicks in $400/month, as well as work pretty much full time.) During particularly rough times, this woman kicked in nearly her whole check in order to keep the community going, as well as doing much of the kitchen work and as much gardening as she could manage. But she was forced out by younger members who came in later. ...
Garry Hoddinott wrote:What About Pre-Paid Rental
I agree with Paul. SELLING is a bad idea. First you possibly can't due to title shenanigans and there the stated control difficulties. Here in Australia I have 222 acres and dealy wish for others to join me. All capital for house construction / tools and machinery is out of my pocket and they pay rental. i was thinking of monthly rental, but Paul, you could have folks pre-pay for 5 or 10 years on the understanding that either party can with draw from the deal and monies pro - rata repaid.
Advantages: 1. You get you funding 2. They get the dubious honour of living with you on your terms, where on the property and whatever umbrella rules you establish, 3. Total flexibility for both parties. 4 NO INTEREST PAYMENTS 5. Rent is fixed for the term of occupancy - an advantage for the renter.
Is there a calendar for where Paul will be over the next few months? I live in Seattle. I would be willing to travel to meet Paul.
Firstly, Paul's vision/mission is based on an overall plan for the entire property. If there are pockets of privately owned parcels within that land (which he would have no control over), his mission would begin eroding before he even began.
Secondly, for each parcel that gets divided off, it would require legal work at the county level. Hiring surveyors. Involving lawyers to handle the subdivisions with the county planners/assessors. And by subdividing, it sends the message to the assessors that his land is 'an investment'. As such, if he sold off ten 2 acre plots, his property taxes could actually be higher for the remainder than it would be for the entire plot, as it now stands. Subdivision and improvement puts everything in a new perspective, tax-wise.