Second/Vacation Homes

[Hood26]

My grandfather had a decent real estate firm on the OR coast. He definitely could have left the family a vacation house to share. He decided to gamble it away instead. Now, we hardly get together.

I have an Airstream that I park near the mountain in the winter and take wherever I want the rest of the year. It works well.

I would have a second home, but the powers that be see me qualified to take on a 6 figure RV loan but not a land loan. I take the credit that they afford the low, low, low middle class I guess.

[Harry]

I recommend buying an Island, and I think Harry does too.

Fact.

[Bunion 2020]

If good fences makes for good neighbors what does a strait do for the hood?

[Stu Gotz]

I recommend buying an Island, and I think Harry does too.

Just a part of one. Everybody knows you never go full Island.

[Name Redacted]

no man is an island...

[Buster Highmen]

He's a peninsula.

[gravitylover]

I'd kind of like to have a couple of small properties with power, water and sewer and a flat pad for an RV. I figured a shipping container for essentials when you're there and maybe a second to store a vehicle or "toys". Maybe one in each corner of the country and one or two in places central to where we like to hang out.

I don't want to be tied to any place and don't want to deal with building maintenance at all when we leave where we are. I know we're sort of planning for a small manageable place initially and letting the rest of the money from selling this place make some money but an RV and small lots is the second half of that. I dunno, maybe the land can make money when we're not there if allowed to lease space for a cell/communication tower.

[dan_pdx]

I'd kind of like to have a couple of small properties with power, water and sewer and a flat pad for an RV. I figured a shipping container for essentials when you're there and maybe a second to store a vehicle or "toys". Maybe one in each corner of the country and one or two in places central to where we like to hang out.

I don't want to be tied to any place and don't want to deal with building maintenance at all when we leave where we are. I know we're sort of planning for a small manageable place initially and letting the rest of the money from selling this place make some money but an RV and small lots is the second half of that. I dunno, maybe the land can make money when we're not there if allowed to lease space for a cell/communication tower.

You can rent the pad to RVers too to make a few bucks. What you described is pretty close to what I envision as a sustainable second property, just worried about a container getting burglarized if you're not around much

[gravitylover]

You can rent the pad to RVers too to make a few bucks. What you described is pretty close to what I envision as a sustainable second property, just worried about a container getting burglarized if you're not around much

Yeah I'm not sure how to play that but I know I'd want location specific stuff already on site when I get there. Another thing that could be challenging is so many places seem to have zoned out that kind of use but I figure it's a 'where there's a will" kind of thing. I like the idea of renting it out to other RVers. I have this thing about my next land ownership experience where the land should have some capacity to produce income to at least cover ownership and hopefully to be profitable in some aspect. I've seen a few farm fields with what looks like hookups and a pad which makes me wonder if you could lease a portion of the land to a local farmer/rancher and get around the zoning issue with utlities and storage and get Ag taxes too.

[GoldMember]

I feel like I'm reading a lot of boomer stories from people who inherited properties or bought them on the cheap pre-covid. If you are buying a second home in the PNW these days, you are doing something for the second time that a huge amount of people will never able to do for the first time. The numbers do not work like they used to. We have good incomes, and the cost would be exorbitant to us. Even remote acreage is expensive for what it is. The covid price spikes in the west totally killed any of these dreams for me. Maybe some day!

You're not wrong in your observation. Property values have gone through the roof in the Inland NW; E. WA, N. ID, etc. It's pretty crazy but, with all the new building and sales I'm seeing at Schweitzer, much of it is to west siders who apparently have done quite well in whatever career they have. The number of younger people with families buying up there is crazy. I keep asking myself, where are they getting the money to buy second homes for over $1M when they're in their 30's with a family. We were lucky (as a boomer) to have gotten in early and got what turned out to be a great deal.

[riser4]

Had to go up to the farm and do work. Headed home soon, hungry.

[riser4]

Upper hayfield going fallow.

[plugboots]

You can rent the pad to RVers too to make a few bucks. What you described is pretty close to what I envision as a sustainable second property, just worried about a container getting burglarized if you're not around much

Who in the actual fuck is going to burgle this?

[Harry]

The F.B.I.


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[Garbowski]

Tweakers would have that open no problem in my neck of the woods.