Since the election I’ve kinda buried my head in the sand to try and stay sane, so I’m not sure what projections are looking like for the real estate market. Unfortunately I need to move pretty ASAP and I’m having the worst luck with rentals.
So, anyone have any advice or an idea of the outlook in the next few months?
I went with buying raw land out of the city, for me it’s a 30 minute drive and no traffic, my “rent” is under $200 for the year of property taxes. I own the land for less than 1 year of rent.
I can live in an RV, and I can build a house or convert a shed to live in so it’s super affordable, plus I have room for a garden to feed my family.
For anyone considering this, check your zoning laws. Years ago, to save money, I wanted to buy some land and put a trailer on it so I could save up to build something more permanent.
The laws did not permit that. Nor living in an RV. Or living in your car. We had to fight to get tiny houses here IIRC, but the cost savings for those isn’t as big as I would have hoped. (And being disabled, being able to do a lot of the work to save money wasn’t an available option.)
Yes the county rules are very important, there’s only a few counties that allow this. I moved to a state that allows us to live in an RV and to build our own house out of almost any materials.
I’m not trying to step on your comment, but I read this as unrealistic? It sounds like you bought land, but don’t actually live on it currently. Like, you CAN live in an RV, but what are you actually doing with it now? Again, not trying to be a dick. I actually considered the exact same, but once we started crunching numbers on what we wanted, just buying the land and building on it was out of our budget.
It really really depends on the county and it’s rules, there are a few counties near here that have permits to live in an RV, the county I am in is a bit more restrictive and requires a building permit to have an RV.
Right now we are camping in the car as we wait for the septic, since it’s holidays things are a bit slow now.